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CFPB To Review Fed’s 2009 Overdraft Rule

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The Consumer Financial Protection Bureau (CFPB) announced that is reviewing the Federal Reserve ‘s overdraft protection rule to find out if it “should be amended or rescinded” to minimize “any significant economic impact” to small businesses (SMBs) and credit unions.

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Sizzle/Fizzle: In Banking, Truth as Currency

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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.

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Ripple Sizzle, Retail Sales Fizzle And PepsiCo Makes Digital Deliver For CPGs

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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. Household debt: It continues to rise, according to the Federal Reserve Bank of New York, to the tune of $13 trillion.

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Fizzle Of The Week: Puerto Rico’s Cash Crisis

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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.

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