Personal Finance News - 'banking' Tag
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Banks Bring Out New Fees To Recoup Losses
The recent scrapping of debit card fees by the major banks seemed like a major victory for consumers across the country, but the banks have hit back with a succession of new charges.
The Benefits Of A Prepayment Card
With the country’s financial state looking for a boost, and with states such as Idaho looking for a more cost saving way to manage without cutting back on services, electronic payment options are a great way to help save money …
More Consumers Turn To Walmart MoneyCard
If your poor credit rating is stopping you from getting your hands on a credit card then maybe you should consider the new Walmart MoneyCard prepaid card.
Banks Focus On Repairing Tarnished Reputations
Over the past few months, many major retail banks have been faced with the same problem. The question of how to repair damaged reputations and smooth over relationships with disillusioned customers.
Citi Unveil New Website
Consumers who bank online with Citibank are now able to enjoy a dramatically streamlined online banking system following a fairly substantial makeover of the bank’s website last month.
Regions Bank Launch P2P Payments From ZashPay
Regions Bank have launched a new way to send money to friends and family with its new ‘Personal Pay’ person to person (P2P) payment solution powered by ZashPay from Fiserv.
American Banking Security Inferior to Rest of World
In an age where there are so many hoaxes and identity theft scams are flooding the internet, many of us have been conditioned to be highly suspicious of any emails, facebook messages or direct tweets which request any sort of …
Citi Updates Figures Regarding Recent Hack
Last weekend, Citigroup released updated figures regarding the number of accounts which had been affected by, and the money lost due to, the recent security breach at the bank.
Banks Resist Regulations To Make “Living Wills”
Big name banks across the country are being forced to create living wills, also known as resolution plans, which will provide federal regulators with instructions on how to dismantle them in the event of the bank falling into bankruptcy and …
BofA to Hire 500 Additional Financial Advisers
Bank of America will be adding around five hundred additional financial advisers to their staff in order to better serve their most preferred customers.
Survey Highlights Social Media Trends For Credit Cards
A recent survey of American banking executives revealed that 74% of them expect social media to be a significant factor in the future of their company’s customer service strategy.
Consumers Not Interested in Mobile Banking
Bankers are heralding mobile banking as the future of the payments industry. However, a recent survey carried out by the Federal Reserve discovered that consumers are not so taken by mobile banking, with only 10% using mobile devices for banking …
Bank of America Shares Fall to Two Year Low
Bank of America shares fell to the lowest levels seen since May 2009 this past Monday as Wall Street became concerned about a lack of capital at big banks.
Discover Top Annual Brand Loyalty Poll
The annual Brand Keys Customer Loyalty Engagement Index indicates that for the fifteenth consecutive year, Discover is the leader in customer brand loyalty for the credit card sector.
Credit Card Data Compromised By Playstation Hack
Sony has issued consumers with a warning that credit card numbers stored on their Playstation Network Service may have been stolen by hackers after a major online attack crippled the entertainment network.
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