Corporate responsibility

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Statement: Overdraft actions by CFPB and Capital One should be followed by more

Consumer alerts

Statement: Overdraft actions by CFPB and Capital One should be followed by more

The Consumer Financial Protection Bureau (CFPB) has released research showing that the financial sector overrelies on overdraft fees and non-sufficient funds (NSF) revenue, which reached an estimated $15.47 billion in 2019. Ironically, one of America’s 15 largest banks, Capital One, announced earlier in December that it will eliminate all overdraft and NSF fees.

Media Statements  

Report: Only one-third of largest phone companies have completely adopted anti-robocall technology

Corporate responsibility

Report: Only one-third of largest phone companies have completely adopted anti-robocall technology

A looming deadline should finally force all U.S. phone companies to take stopping robocalls seriously. However, according to a new report by the Arizona PIRG Education Fund, Make the Ringing Stop: The FCC is Finally Fighting Back Against Robocalls, only one-third of the largest mobile and home phone providers nationwide have installed caller ID verification aimed at squashing illegal robocalls, even though many of those businesses were required to do so by June. The stakes get higher Sept. 28 when phone providers are required to block calls from companies that haven’t at least reported their status to the Federal Communications Commission.

Media Releases  

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