Day: June 15, 2022

How FIs can support users while neobanks & megabanks ditch overdraft fees

Digital banks have entered the ring with a new value proposition: no overdraft fees. As megabanks mulled this over, they took a similar stance by slashing fees altogether or significantly decreasing them in an attempt to take back market share and account holders. The industry shift can be attributed to increased competition from digital-first banks, […]