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US Banking Giant Pays $250,000,000 Fine for Imposing Hidden Fees, Credit Card Fraud and Opening Customer Accounts Without Permission

US Banking Giant Pays 0,000,000 Fine for Imposing Hidden Fees, Credit Card Fraud and Opening Customer Accounts Without Permission

One of the largest banks in the US has agreed to pay a $250 million fine for imposing a series of illegal practices against its customers. According to the Consumer Financial Protection Bureau (CFPB) and Office of the Comptroller of the Currency (OCC), Bank of America charged hidden fees, withheld credit card rewards and opened […]

The post US Banking Giant Pays $250,000,000 Fine for Imposing Hidden Fees, Credit Card Fraud and Opening Customer Accounts Without Permission appeared first on The Daily Hodl.

AI, Blockchain Integration Can Boost Trust, Prevent Misuse, Expert Says

JPMorgan Chase Refuses to Reimburse Customer Who Lost Life Savings in Banking Scam

JPMorgan Chase Refuses to Reimburse Customer Who Lost Life Savings in Banking Scam

JPMorgan Chase says it will not stand by a customer who just lost her life savings in a slick banking scam. Deborah Moss says she had earned enough money to retire when she received a text message that appeared to be from Chase warning her about a suspicious $35 charge, reports CBS News. Moss quickly […]

The post JPMorgan Chase Refuses to Reimburse Customer Who Lost Life Savings in Banking Scam appeared first on The Daily Hodl.

AI, Blockchain Integration Can Boost Trust, Prevent Misuse, Expert Says