N.Y. Department of Financial Services Announces New Guidance on Overdraft and NSF Fees
N.Y. Department of Financial Services Announces New Guidance on Overdraft and NSF Fees The New York State Department of Financial Services (NYDFS) recently issued new guidance prohibiting unfair and deceptive overdraft and nonsufficient funds (NSF) fees. “Access to...
Credit Cardholder Confidence Plunged in June to Lowest Level in Four Years
Credit Cardholder Confidence Plunged in June to Lowest Level in Four Years According to LendingTree’s Credit Card Confidence Index, a monthly look at the mindset and payment habits of credit card holders in the United States, confidence sharply declined last month to...
Barr Confirmed for Fed Vice Chair of Supervision
Barr Confirmed for Fed Vice Chair of Supervision On Wednesday, The U.S. Senate confirmed Michael Barr to serve as Vice Chair of Supervision at the Federal Reserve (Fed), where many expect that he will crack down on big banks while being open to new fintechs playing a...
