The 2026 Overdraft Fee Cap in California CUs: How Institutions Can Preserve Revenue While Strengthening Member Trust
A Strategic Reset for Credit Unions When California Senate Bill 1075 takes effect on January 1, 2026, state-chartered credit unions in California will face a new limit on overdraft and insufficient funds (NSF) fees. SB 1075 prohibits charging more than $14 per...
From profiting off overdrafts to preventing them: How FIs are evolving their revenue models
Here DoubleCheck, a B2B2C firm, steps in to fill the overdraft fee gap with protection and transaction management for FIs and their customers via integrations.
Fintech Trailblazer DoubleCheck Appoints New CEO
Austin, TX, January 23, 2025 – DoubleCheck announced today the appointment of Ashwin (“Ash”) Rangan as its new chief executive officer. Rangan succeeds outgoing co-CEOs Joel Schwartz and Bill Amelio. Rangan brings a wealth of experience in innovation, artificial...
Jack Henry Announces Winners of Inaugural Cobalt Awards: New awards celebrate innovation, community dedication, and commitment to financial freedom
Monett, Mo., October 9, 2024 – Jack Henry™ (Nasdaq: JKHY) is pleased to announce the recipients ofits inaugural Cobalt Awards. Launched earlier this year, the annual awards recognize financial institutions and fintechs that arededicated to their communities,...
Credit Union Times: Bank of America Teaches a $250 Million Lesson
Credit Unions can re-think their ovedraft fee programs.