Under the new plan, banks would only be required to provide data on accounts with total annual deposits or withdrawals worth more than $10,000, rather than the $600 threshold that was initially proposed.
The tech giant will let users open checking accounts, pay friends and manage budgets through a new version of its Google Pay app rolling out Wednesday.
Wells Fargo has walked back its sudden decision to discontinue personal lines of credit. The reversal comes after outcry from customers who have relied on these lines of credit for years
Citizens Bank is acquiring Investors Bank. Both of these banks often offer bonuses for new accounts. This merger should cut those bonus opportunities in half.
Checks that are presented on or after Aug. 20 will be returned unpaid even if funds are available in the account, and payments processed as a check using a savings account may be rejected.
The Consumer Financial Protection Bureau (CFPB) is a federal government agency that collects consumer complaints about credit cards, mortgages, bank accounts, student loans, consumer loans, credit reporting, money transfers, and debt collection
Wells Fargo has disclosed in an SEC filing on Wednesday that it is under a new Consumer Financial Protection Bureau investigation over its handling of consumer bank accounts.
Azlo, an online bank for small businesses, is shutting down. The news comes after its parent bank, BBVA USA, also made the decision to shut down Simple Bank. BBVA announced in November it would sell its U.S. business to PNC Financial Services Group.
Simple, an online only bank, is shutting down amid the pending sale of its parent bank, BBVA USA. Simple notified employees on Wednesday and told customers Thursday, calling the pending closure a “strategic decision.”
Venmo, a banking and peer-to-peer payment app owned by PayPal, is launching a check cashing feature for both its Android and iOS apps for some users in the US. Venmo Cash a Check will allow users to snap a photo of a check and deposit it directly into a Venmo account.
JPMorgan Chase, the largest bank in the United States, agreed today to a record $920 million settlement over charges that it engaged in manipulative trades of futures tied to precious metals and Treasury bonds.
The U.S. Treasury Department has fined Capital One $80 million for careless network security practices that enabled the hack.
Right now, to enjoy the benefits of being a Chase Private Client, you need to maintain an average daily balance of $250,000 or more. This can be in any combination of qualifying personal or business deposits and investments.
Customers can activate these new cash back deals by accessing My Wells Fargo Deals through Wells Fargo Online® banking or the Wells Fargo Mobile® app.
Some Chase customers woke up this Sunday morning to see missing money in their accounts, or even unexpected extra money. Apparently a glitch in the system has affected checking account balances and showing incorrect information.
I wrote earlier in May that Samsung would partner with SoFi to launch a physical debit card. Now there’s more information on this new venture, images of the card and news that it will also include a cash management account. The card is coming later this summer but you can join the waitlist now.
Samsung Pay Will Launch Debit Card in Partnership with SoFi Samsung Pay was launched in 2015. Even today it remains one of the few options with built-in magnetic secure transmission technology (MST) along with NFC functionality, making it possible to pay practically anywhere you can swipe a card. Samsung Pay offers a rewards program, which…
The Federal Reserve Board on Friday announced an interim rule to remove the six-per-month limit from the “savings deposit” definition.