A handful of banks now dominate the US financial sector. This consolidation has resulted in higher costs for consumers and small businesses and put the economy at greater risk of a financial crisis.
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ATM fees were already under pressure from new technologies. The question is, what will banks do to replace that revenue?
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The High Court found late credit card payment fees were not extravagant, but the experts disagreed on the actual cost to the bank.
A bank charges customers A$35 every time customers fail to make the monthly payment on their credit card by the due date. An airline charges $10 or more for printing boarding passes if passengers forget…
Kontributor teratas
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Visiting Fellow, Macquarie University Applied Finance Centre, Macquarie University
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Senior Lecturer, Faculty of Law, University of Sydney
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Professor of Law, Monash University
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Associate Professor of Markets, Public Policy and Law, Boston University
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Assistant Professor of Business Law, University of Michigan
