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Free checking accounts may be on the wane, but a majority of Americans still pay no monthly service fees, according to a survey from the American Bankers Association.
August 26 -
Consumer Financial Protection Bureau Director Richard Cordray has had a very busy few years at the helm of the nation's newest bank regulator. His tenure has involved creating a bureau almost from scratch and contending with a wide range of highly contentious policy issues-none more controversial than his own status, which was changed from acting to permanent CFPB director following a July Senate confirmation vote in which he garnered a two-thirds majority. Following are quotes from an interview Cordray conducted recently with American Banker Washington reporter Rachel Witkowski.
August 26 -
A pair of Oregon banks are facing charges in a civil lawsuit brought by victims of an alleged Ponzi scheme.
August 26 -
David Dove is the new group president of enterprise growth at the ATM operator Cardtronics, which is also launching a new Enterprise Growth Group.
August 26 -
Consumers deserve the kinds of high quality, widely accessible savings, credit and payments products and experiences that are critical ingredients in the recipe for financial health.
August 26
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Tradehill Inc., an exchange for virtual currencies such as Bitcoin, is moving customer accounts to a U.S. credit union, a shift designed to make it easier for clients to complete transactions.
August 26 -
A proven public-private partnership for reaching the unbanked provides inspiration.
August 26 -
Scrutiny of payroll cards is ramping up, and so is their popularity with banks and businesses.
August 26 -
Santander is poised to make its long-awaited name change at Sovereign Bank in Boston, capping years of work on its U.S. unit that included a financial overhaul, systems integration and charter switch.
August 26 -
Ex-CFPB official, Raj Date, defends his subprime mortgage startup against GOP-led ethics complaints.
August 26



