banking

Taber Andrew Bain

Wells Fargo Accused Of Overcharging Small Businesses

The scandals and accusations continue to mount for Wells Fargo. This time, the banking giant is being accused of overcharging small businesses to process credit card transactions. [More]

Santos “Grim Santo” Gonzalez

Lost Your Chase Debit Card? You Can’t Get It Replaced At A Branch Anymore

Whether it was due to theft, fraud, forgetfulness, or calamity, many of us have needed to replace our debit cards post-haste. For many JPMorgan Chase customers, that usually just meant popping by the neighborhood branch and getting a replacement in minutes. So why has the bank reportedly ditched this convenient and popular program? [More]

(Mike Mozart)

Wells Fargo Customers Sue Bank Over Alleged Insurance Scheme That Led To Vehicle Repossessions

After a recent report alleged that Wells Fargo had charged its auto loan customers for unnecessary and unwanted insurance — resulting in 25,000 repossessed vehicles — the bank now faces a lawsuit from one of those borrowers. [More]

the-specious

Wells Fargo Accidentally Handed Over A Bunch Of Confidential Info On Its Rich Clients

After having a heckuva time dealing with backlash over its recent fake accounts fiasco, Wells Fargo has another debacle on its hands: A new report says a lawyer for the bank accidentally released a whole lot of confidential information about tens of thousands of its richest clients. [More]

Mike Mozart

Wells Fargo Accused Of Adding Years To Modified Mortgages Without Telling Borrowers

As the country tried to crawl out of the last recession, homeowners all across America sought mortgage modifications to make their home loans more manageable. However, some homeowners say that Wells Fargo not only modified their loans without asking, but that this lower rate added years — perhaps decades — to the terms of their mortgages. [More]

the-specious

Wells Fargo Customers Won’t Need A Card To Get Cash At ATMs Anymore

Can’t be bothered to carry a debit card, but need some cash on the go? Not a problem for Wells Fargo customers with smartphones, as the bank is rolling out its cardless technology at all of its roughly 13,000 cash machines. [More]

Galleria at Pittsburgh Mills/Facebook

Troubled Mall Sells To Its Own Lenders For $100

The Galleria at Pittsburgh Mills is pretty typical for a troubled mall: it opened in 2005, but is now financially distressed. It didn’t have enough customers to support its retailers. While the mall still has anchors like Macy’s, JCPenney, and Dick’s, it recently sold at auction for $100. Sort of. [More]

CFPB Says TCF Bank Made Millions From Misleading Overdraft Practices

CFPB Says TCF Bank Made Millions From Misleading Overdraft Practices

Fifteen months after Minnesota-based TCF Financial revealed it could face legal action from federal regulators related to alleged unfair and deceptive overdraft practices, the Consumer Financial Protection Bureau has finally taken legal action against the bank. [More]

James Callan

Retailers Ask Congress To Please Not Roll Back Dodd-Frank Debit Card Reforms

Both the banking industry and conservative lawmakers are hoping that the incoming Trump administration will agree to repeal the 2010 Dodd-Frank Financial Reforms, but many in the retail world are calling on Congress to retain at least the portion of the law involving debit card transactions. [More]