CONTACT KY3: Debit cards poised to get much more expensive

Debit cards, a gleam in bankers’ eyes 30 years ago, have become the preferred method for people to tap their bank accounts, a free and easy alternative to paper checks, live tellers or cash machines. U.S. shoppers used them 37 billion times last year, making them more popular than credit cards (19 billion transactions) and [...]

Debit cards are poised to get much more expensive

Debit cards, a gleam in bankers’ eyes 30 years ago, have become the preferred method for people to tap their bank accounts, a free and easy alternative to paper checks, live tellers or cash machines. U.S. shoppers used them 37 billion times last year, making them more popular than credit cards (19 billion transactions) and [...]

Debit cards poised to get much more expensive

Debit cards, a gleam in bankers’ eyes 30 years ago, have become the preferred method for people to tap their bank accounts, a free and easy alternative to paper checks, live tellers or cash machines. U.S. shoppers used them 37 billion times last year, making them more popular than credit cards (19 billion transactions) and [...]

New fees may pinch debit card users

Debit cards, a gleam in bankers’ eyes 30 years ago, have become the preferred method for people to tap their bank accounts, a free and easy alternative to paper checks, live tellers or cash machines. U.S. shoppers used them 37 billion times last year, making them more popular than credit cards (19 billion transactions) and [...]

Unwanted ID theft protection sends S.A. woman into the red

SAN ANTONIO — Bertha Scott says she’s never thought about ID theft. That’s why she finds this whole situation so ironic. Scott lives on less than $1,100 a month Social Security, so she closely watches how she spends money. Last month she was shocked when she opened her bank statement to find she was overdrawn. [...]

Bank fees still too high: RateCity

AAP Australia’s banks are still raking in over $4 billion in fees from households, despite recording the first fall since 1997, financial comparison website RateCity says. RateCity chief executive officer Damian Smith says while the $14 million drop in fees – for both household and business banking – during 2010 was welcome, households were still [...]

Plea deal keeps woman from jail

Denise Hayashi started with checks of a hundred to a few hundred dollars. Hayashi, 41, pleaded guilty Monday to one count of first-degree theft and 98 counts of second-degree forgery. “She was anxious to take responsibility and she stepped up and took responsibility,” said Donald Wilkerson, Hayashi’s lawyer. Hayashi did not comment after entering her [...]

U.S. Export–Import Bank scheduled for upgrading

U.S. Export–Import Bank scheduled for upgrading by COHA Research Associate Roberta Verardi June 20, 2011 In a time when export trade issues are becoming such vital components of every country’s economy, the activities of one of the most prominent actors on the “trade stage,” the Export-Import Bank of the United States (Ex-Im Bank), need to [...]

Ban on mortgage exit fees faces the axe

Plan to ban exit fees could be scrapped by parliament today. Picture: Supplied. Source: Supplied Banks rake in more than $4bn in fees. Picture: File THE much-vaunted ban on mortgage exit fees could be overturned in Federal Parliament as early as today, with the Senate poised to kick out the new regulation. Family First senator Steve [...]

Banks still raking in $4b plus in fees

Australia’s banks are still raking in over $4 billion in fees from households, despite recording the first fall since 1997, financial comparison website RateCity says. RateCity chief executive Damian Smith says while the $14 million drop in fees – for both household and business banking – during 2010 reported by the Reserve Bank last week [...]

Next Page »