Will The US Get a Tough Consumer Banking Regulator?

How often does a bank regulator feature in a rap video? Check this out. Elizabeth Warren, a Harvard law prof who is now in line to become head of the new Consumer Financial Protection Bureau, an idea she proposed and Congress recently wrote into its financial reform legislation. Joe Nocera in The New York Times [...]

US Bank and Overdrafts – Preserve Fees or Mobile Alerts?

In response to new regulations in the US restricting overdraft fees, banks have the choice of trying to preserve the fees or use mobile alerts to allow consumers to move funds and avoid overdraft fees, according to Javelin Strategy & Research report on Reg E. Almost twice as many overdraft violators – consumers who have [...]