Fintech's 'Third Wave' Is Coming, And It Will Change Everything

“Wise companies don’t bet against the house in the long run. Instead, they learn how to take advantage of opportunities and work alongside the house. The best fintech companies will be the ones that figure out how to make banks better, not destroy them. The coming ‘third wave’ will be the one that drives lasting change.”

Overdraft Fees at Banks Hit High, Despite Curbs

"Steve Smith, an attorney in Little Rock, Ark., said he opted into a standard overdraft program after his local bank informed him by mail about the service... He prefers incurring the fee if it means his bills will be paid on time. 'I think of this as damage control,' Mr smith said. 'If there are insufficient funds, there are consequences at my bank, but they stop there'."