Banking Blog

Check in regularly for the latest news on everything banking, including prepaid cards, regulations, checking account practices, mobile banking, ATMs, security, the Federal Reserve's policies and virtual currencies like bitcoin. Reporters and analysts also provide commentary and tips for managing your personal finances and how to make the most of your money and your banking relationships. See the latest Banking Blog posts below.
Monday, May 23, 2016 4:28 pm
By Claes Bell · Bankrate.com

A crew of over 100 criminals targeted Japanese ATMs with 14,000 fraudulent withdrawals in just over 2 hours, exposing ATM security weaknesses.

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Tags: Banking, gnews, news
Friday, May 20, 2016 10:50 am
By Mike Cetera · Bankrate.com

The top presidential candidates are filthy rich, but they can’t do any better than most Americans when it comes to their bank accounts.

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Friday, April 29, 2016 2:18 pm
By Claes Bell · Bankrate.com

Faced with customer complaints of discrimination, Venmo and its parent company have made efforts to prevent future false positives in enforcing U.S. sanctions.

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Tags: Banking, gnews, news
Monday, April 25, 2016 10:57 am
By Claes Bell · Bankrate.com

Skimming attacks on ATMs rose by more than 500% last year, as thieves adapted to ATM operators attempts to shut them down.

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Tags: Banking, news
Wednesday, April 20, 2016 2:27 pm
By Claes Bell · Bankrate.com

Harriet Tubman’s portrait will be going onto the front of the $20 bill, according to Treasury Secretary Jacob J. Lew.

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Monday, April 4, 2016 1:17 pm
By Claes Bell · Bankrate.com

Consumer complaints against banks, mostly regarding checking accounts, rose in 2015, according to the Consumer Financial Protection Bureau.

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Friday, April 1, 2016 6:46 am
By Claes Bell · Bankrate.com

Want to use a debit card in Cuba? Have I got a bank for you — the operative word being “a.” Just 1 U.S. bank can currently issue a debit card that’s usable in Cuba: Stonegate Bank, based in Pompano Beach, Florida. Why Stonegate does it To find out how a bank with just over

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Thursday, March 31, 2016 5:23 pm
By Claes Bell · Bankrate.com

A bizarre mix-up over a dog’s name sheds light on the massive screening effort going on behind the scenes to choke off funding to ISIS.

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Tags: Banking, gnews, news
Wednesday, March 30, 2016 3:53 pm
By Claes Bell · Bankrate.com

A student on scholarship to learn coding was detained by police at a check-cashing store for trying to cash his stipend.

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Tags: Banking, gnews, news
Wednesday, March 30, 2016 6:00 am
By Claes Bell · Bankrate.com

A big-bank breakup may sound a little scary for accountholders who value safety and soundness. But would customers even notice being spun off?

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Tags: Banking, gnews, news
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