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News: Overdrafts 'complex and poor value'
6 days ago - BBC News - Business
Many overdrafts are "complex and opaque", carry high charges and are not good value for money, a regulator concludes.
Blog: Things worth reading: 11th April 2014
skinnercm 8 days ago
Things we're reading today include: 'Heartbleed' computer bug threat spreads to firewalls and beyond Treasury could cut RBS stake following dividend deal Citigroup CEO faces...
News: India’s Federal Bank launches new overdraft facility Fed Rise
28 days ago - BBR - News
India-based Federal Bank has rolled out Fed Rise, a new loan product which is claimed to be first-of-its-kind facility in the banking sector.
News: Limited and Varying Consumer Attention: Evidence from Shocks to the Salience of Bank Overdraft Fees
28 days ago - Review of Financial Studies - current issue
We explore dynamics of limited attention in the $35 billion market for checking overdrafts, using survey content as shocks to the salience of overdraft fees. Conditional on se...
News: BofA to launch new current account
41 days ago - BBR - News
Bank of America (BofA) is set to launch its new current account designed for customers with low balances and free from any kind of overdraft fees.
Blog: Banking basics for the digital age
skinnercm 65 days ago
As I finished presenting at a recent conference, an audience member came up to me and said: “I guess you don’t like banks very much, do you?” The question surprised me ...
News: Transforming Post Offices into banks
68 days ago - The Great Debate
The U.S. postal service inspector general put out a report last week suggesting an intriguing way to shore up the ailing institution’s finances: Let the mailman double as a...
Blog: Things worth reading: 22nd January 2014
skinnercm 87 days ago
Things we're reading today include ... Lord Levene slams Lloyds for 'bad faith' over Project Verde Lord Levene's conspiracy theories hold intrigue but little weight FRC to i...
Blog: Mobile makes invisible banking visible (again)
skinnercm 137 days ago
I’ve been thinking about the new providers of bank services a lot lately. The guys who are innovating using mobile. The Breeze’s of this world from StanChart, the mBa...
Blog: Transparency, transparency, transparency
skinnercm 156 days ago
Lots of talk this week about transparency in banking, and how banks are too opaque and secretive in their approach to customers and charges. Certainly that’s been the case ...
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