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December

21
2023
Industry News

CFPB Releases Consumer Insights on Overdraft Fees Ahead of Rulemaking

With a proposed rule on overdraft fee regulation expected this month, the Consumer Financial Protection Bureau has released a report on overdraft and nonsufficient fund frees using insights from recent consumer surveys.

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December

21
2023
Industry News

Nearly 70k Social Security Numbers Leaked in Kimco Staffing Services Data Breach

On December 19, 2023, Kimco Staffing Services, Inc. (“Kimco”) filed a notice of data breach with the Attorney General of Maine after discovering that an unauthorized actor was able to access the company’s IT network. In this notice, Kimco explains that the incident resulted in an unauthorized party being able to access consumers’ sensitive information, which includes their names and Social Security numbers.

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December

21
2023
Industry News

CFPB Releases Consumer Insights on Overdraft Fees Ahead of Rulemaking

With a proposed rule on overdraft fee regulation expected this month, the Consumer Financial Protection Bureau has released a report on overdraft and nonsufficient fund frees using insights from recent consumer surveys.

Read post

December

21
2023
Industry News

Americans May Be Taking on Too Much Pay-Later ‘Phantom Debt’

“Buy now, pay later” loans are helping to fuel a record-setting holiday shopping season. Economists worry they could also be masking and exacerbating cracks in Americans’ financial well-being.

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December

21
2023
Industry News

Consumer experts urge public to beware of text scams amid holiday season

NASHVILLE, Tenn. (WKRN) — While you’re busy checking off the final tasks on your to-do list for the holidays, make sure you don’t fall victim to text scams involving your packages.

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