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Popular Bank announces changes to overdraft practices, eliminating returned non-sufficient funds fees?

PopularBank

“As a bank built on strong ties to the clients and the communities we serve, offering a competitive and a financially inclusive suite of products is a strategic priority,” said Manuel Chinea, Chief Operating Officer at Popular Bank. Learn more about our products and services at popularbank.com.

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Top News In Payments: Elavon To Buy UK Gateway Sage Pay; Germany To Make Digital Payment Providers Open Systems To Rivals

PYMNTS

It didn’t name Apple or Apple Pay specifically, but it impacts all digital payment operators. recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, per Federal Deposit Insurance Corp (FDIC) data. 1 when City National Bank of New Jersey closed its three branches.

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ATMIA Weighs In On Cashless Retail Ban Debate

PYMNTS

As had been reported late last month, in New York City, the city council held a hearing centered on a bill that would ban stores and restaurants from being able to refuse to accept cash. A similar ban has already passed in New Jersey and similar legislation has been backed by legislators in Philadelphia and signed into law this past week.

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How Cross River Bank Keeps Cash Flowing

PYMNTS

Some companies, like Cross River Bank of Teaneck, New Jersey, have launched services to ease consumers’ access to physical cash notes by tapping into the convenience of the existing financial infrastructure. This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. commerce today.

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The CFPB Found Unconstitutional…But …

PYMNTS

The central issue in the case was a 2014 claim the CFPB made against PHH; specifically that the New Jersey-based mortgage lender pay $109 million for allegedly violating the Real Estate Settlement Procedures Act by accepting kickbacks from mortgage insurers. Although the FRB, ITC, SEC, FDIC, FCC, NCUA, etc.,