FICO

SEPTEMBER 9, 2021

Courtesy overdraft is a service offered with a deposit account to provide liquidity to a bank customer when their balance has insufficient funds to cover incoming payments from a debit card, ATM, check or an ACH (Automated Clearing House) payment. New leadership at the CFPB has indicated that OD is on the agenda for a possible rulemaking.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) CFPB Reg E ATM 52

PYMNTS

APRIL 11, 2016

The head of the CFPB, Richard Cordray, said during testimony on The Hill last week that FinTech companies will likely be a significant presence in making payday loans (or smaller dollar loans) to consumers. ATM’s Massive Fraud Spike. So what’s next ? Not exactly news you want to start your week out with.

ATM 40

ATM Wire Transfer Scams Compromise 40

PYMNTS

JUNE 29, 2016

But, said Green Dot last month when the incident occurred, in referring to fund access: “There is no impact to the ability to make purchases or get cash from ATMs.” The senators also asked if this issue had been reported to the CFPB. Green Dot went on to state: “Reloads are all posting properly. ”

Accounts 40

Accounts Visa CFPB Debit Card 40

PYMNTS

AUGUST 22, 2016

All of a sudden I feel like a criminal with the $100 bill in my wallet that I got that last time I used a Bank of America ATM, and it’s in the genes since I know that my dad has a hoard of cash at home. Reality Check: The “P” In CFPB May Not Always Stand For Protect. In other words, not very much for useful stuff.

Checks 41

Checks CFPB Bitcoin Payments 41

PYMNTS

MARCH 31, 2017

Fraud At Non-Bank ATMs : We all know that fraud of all stripes is on the rise. But at non-bank ATMs, fraud is on a stratospheric ascent. You know non-bank ATMs — the ones at the convenience store or the drug store that are sometimes a little suspicious. The future is hazy at best.

Settlement 40

Settlement Non-Bank ATM Credit Cards 40

Fintech Labs Insights

AUGUST 26, 2016

A big deal in ATMs gets a second look. Diebold ( F2014 ) finalized its merger with German ATM maker Wincor Nixdorf last week, a deal that combined two of the largest three ATM companies. billion and makes Diebold Nixdorf the world’s largest ATM company, claiming a third of the worldwide market.

Venmo 15

Venmo FinTech ATM Consumer Financial Protection Bureau (CFPB) 15

PYMNTS

FEBRUARY 16, 2018

In Venezuela , where prices are surging by quadruple digit percentages annually, cash is scarce, because ATMs have limits and the central bank has slowed down the printing of tangible notes. Cashless in Venezuela: Turns out there are indeed beneficiaries when it comes to hyperinflation.

Online and Mobile Banking 49

Online and Mobile Banking Push-to-Card Cross-Border Federal Reserve 49

PYMNTS

SEPTEMBER 30, 2017

The Senate seems to be gearing up to overturn the recent CFPB rule on arbitration clauses — mandates that historically have been in place for whenever customers want to open up new accounts. If the Senate passes the ban on the ban, and President Trump signs it, the CFPB may be barred from ever restoring such resolutions.

ATM 40

ATM Federal Reserve CFPB On-Demand 40