banks
Is Your Bank Account Working for You?
by April Lewis-Parks You already know that unnecessary purchases chip away at your bank balance quickly, but what about fees and overdrafts? If you’re empowering yourself to manage your money more responsibly and build a healthy savings cushion, your bank account is one of the first places you should look to see if you are […]
ATMs — The New Lie Detector?
No this is not a hoax. Gone are the days when ATMs simply dispense cash. New ATM machines in Russia are making customers pay for lying. Sberbank, the state-run bank of Russia, plans to install voice-monitoring polygraphs into ATM machines to determine whether customers are lying when applying for loans or credit cards. When customers […]
New Swipe Fees Could Cost You
Will new swipe fees put plastic on ice? Debit cards: Take out a little piece of plastic, swipe, approve, done. Cash: Dig through your wallet to see what bills you have, take out the correct number of bills, wait for your change, put money back into wallet, careful not to drop any coins, wallet becomes […]
Alarming Study Shows that Some Banks Don’t Do Enough to Safeguard Your Information
In the wake of a hacking attack that exposed some of the personal and financial information for hundreds of thousands of customers at the one of the largest lenders in the U.S., a new study shows that many institutions don’t do enough to protect borrowers from fraudulent credit card debt. The study, conducted by Javelin […]