Kevin Wack

Staff Writer

Kevin Wack is a California-based reporter for American Banker who covers the U.S. consumer finance industry. He was formerly the newspaper's Capitol Hill correspondent. Earlier, he worked on financial policy in Washington, first as a fellow with the Senate Permanent Subcommittee on Investigations and later as senior editor for the Congressional Oversight Panel for TARP. Wack has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine. A St. Louis native, Wack is a graduate of Stanford University and holds a master's degree from Northwestern University's Medill School of Journalism.

Recent Stories From this Author

New CBA Chair Urges Fair Treatment of Overdraft Fees, Student Loans
September 11, 2014 The Consumer Bankers Association frequently tangles with the Consumer Financial Protection Bureau, but its new chief Tim...

Capital One CEO Calls Auto Loan Fears Overblown
September 8, 2014 Richard Fairbank acknowledged that increased competition among lenders is leading to looser loan terms, but said the industry...

Amex Acknowledges Struggles with Mobile Payments
September 8, 2014 A top executive at American Express acknowledged Monday that the firm's efforts to persuade consumers to pay with their mobile...

Ready or Not, Real-Time Payments Are Coming
September 8, 2014 The Federal Reserve is making clear that the status quo, in which U.S. electronic payments take days to complete, is not going...

ADS Reaches Credit-Card Deal with Grocery Chain Meijer
September 8, 2014 Alliance Data Systems announced what it described as a long-term agreement to issue credit cards for the Midwestern grocery...

Fed Pushes Ahead on Faster Payments Initiative
September 4, 2014 The regional Federal Reserve banks are trying to maintain momentum in their efforts to improve the U.S. payment system.

Discover Offers Discount to Banks in Bid to Gain on Visa, MasterCard
September 4, 2014 The reduced pricing for Discover's signature debit card network will apply to the more than 4,000 banks that are members of...

U.S. Officials Caught Flat-Footed on Somali Money Transfers
September 2, 2014 As concerns mount that Somali-Americans will lose their pipeline for sending money home, Washington's response has been marked...

For Somalis, U.S. Remittance Crackdown Cuts Deep
August 29, 2014 More U.S. banks are dropping Somali money transmitters as regulators crack down on the risk of terrorist financing at...

Lawsuit Exposes Dark Art of Credit Card Marketing
August 22, 2014 A case filed by subprime card issuer First Premier Bank raises questions about how much influence card companies have over the...

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