The real problem with bank overdraft programs is that they are stuck in the 1990s.

Regardless of regulatory or legislative changes, banks always will have customers who spend more than they have in their accounts, so the question is how to serve these customers, says Robert C. Giltner, consulting partner with Velocity Solutions Inc. in Wilmington, N.C.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.