Fintech Finance

JANUARY 23, 2024

As political efforts intensify to combat junk fees across various sectors, a groundbreaking study conducted by Wise , the global technology company building the best way to move and manage money internationally, unveils a hidden landscape of fees plaguing the everyday lives of Americans.

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Payments Dive

MAY 30, 2024

“Putting these regulations into practice is challenging, and the success of such regulatory measures largely hinges on enforcement,” writes a Wise executive.

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Payments Dive

APRIL 30, 2024

After the federal agency’s lawsuit landed Thursday, the Seattle bill-pay provider countered the allegations on Friday.

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Payments Dive

JULY 11, 2023

Regulators say Bank of America opened credit card accounts without customers’ consent and misled consumers with respect to rewards for card applications.

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Payments Dive

JUNE 30, 2022

In the federal agency's crusade against “junk fees," debt collectors’ fees for certain payments are now in its sights.

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Innovative Payments Association

JANUARY 10, 2024

The press release goes on to say that the proposed rule will protect consumers from “junk fees” by making” personal financial data available, at no charge to consumers or their agents, through dedicated digital interfaces that are safe, secure, and reliable.”

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Fintech Finance

JULY 19, 2024

In recent years, workers have seen big increases in wages, but junk fees and high rates on financial products not only chip away at these gains – they take advantage of workers,” said Acting Secretary of Labor Julie Su. “As

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