The new proposal forms part of CFPB’s work to prohibit all junk fees
The program provides an additional source of liquidity to banks
The British government has pushed off the decision to go forward with a digital pound until at least 2025
Wells Fargo told employees they will receive a cash payment of $1,000 if they made less than $75,000 last year
Proposed rule to ban junk fees aims to remedy widespread concerns
Santander US reports 57% of consumer have delayed a financial decision due to inflation fears
The new rules could save consumers over $3.5 billion in fees per year
Nasdaq recommends closer collaboration between banks to prevent financial crimes
Over $3 Trillion of illicit funds went through the banking system last year
Inflation is continuing to affect how bank customers use their money, Bank of America has found
