Economists have warned that heavy use of the overdraft is tantamount to printing money, with attendant inflationary risks.

The $130 million charge stems from a class-action lawsuit tied to overdraft fees that dates back to a Truist predecessor.

Several large U.S. banks reported an uptick in overdraft-related income for the first three quarters of 2025. Economic pressure on consumers may be to blame, some banks and industry observers say.

Airtel Kenya plans to roll out a digital overdraft service as it eyes a share of the short-term mobile loans market, which rival Safaricom dominates with its Fuliza feature.Safaricom is currently the ...

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Airtel Kenya plans to launch a digital overdraft service on Airtel Money, setting up its first direct challenge to Safaricom's Fuliza, which dominates Kenya's short-term mobile credit market.The ...

Conducting a business review should take place in most farms offices as 2026 unfolds, following a rollercoaster 18 months for ...

Learn more about whether Central Bancompany, Inc. or Independent Bank Corp. is a better investment based on AAII's A+ ...