The CFPB wants to hear consumers’ complaints about prepaid cards and other nonbank products
Promotional specials on CDs often don’t appear to be enough to draw consumers to deposit money into CDs.
The FTC is raising awareness that those serving our country need to also be wary in guarding their finances.
In a move that could create further tension with banks but generate popularity with consumers wanting to vent, the Consumer Financial Protection Bureau is proposing publishing more information on consumer complaints against banks. In particular, the CFPB wants to give customers the ability to publicly publish narratives of their experiences with a financial company. It
New, thinner ATM skimmers are creating a headache for banks battling fraudsters.
Banks will keep an eye on their CDs and monitor changes in deposit bases as interest rates rise.
PayPal is bucking the trend and discontinuing its mobile check deposit option for consumers.
Being a good Samaritan can be difficult, as Bankrate’s Jessica Patel found out recently. After finding a lost debit card on the subway, editor Patel called the number on the back to report it as lost. But rather than a quick phone call, she found herself facing Chase Bank’s automated phone system, which did not
Bitcoin is hitting the big time. This morning, ESPN Events announced that BitPay, a bitcoin payment processor, has won the sponsorship of the postseason college football game played in St. Petersburg, Florida. For the next three years, the bowl will be called the Bitcoin St. Petersburg Bowl. “Our goal is to continue to move bitcoin
Two Canadian 14-year-olds used an old ATM manual found online to hack into a Bank of Montreal ATM.