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.
Friday, March 4, 2016 5:08 pm
By Claes Bell · Bankrate.com

Odds are you’ve seen an appeal from your bank or credit union to switch from paper statements to electronic statements. But for customers on the wrong side of the so-called “digital divide,” paper statements remain an essential tool for managing their accounts, according to a new report.

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Tuesday, March 1, 2016 6:05 am
By Greg McBride · Bankrate.com

A survey shows Americans have more work to do balancing savings and credit card debt.

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Friday, February 26, 2016 3:30 pm
By Claes Bell · Bankrate.com

Much has been made of how banks’ overdraft fees hurt consumers. But many credit unions lean heavily on overdrafts for revenue, too, and may face tough choices.

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Tags: Banking, news
Tuesday, February 23, 2016 6:05 am
By Greg McBride · Bankrate.com

The Fed chief isn’t closing the door on negative interest rates. Here’s how they work.

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Friday, February 19, 2016 1:04 pm
By Claes Bell · Bankrate.com

In one more sign that cash is in decline Hasbro is introducing a version of Monopoly that runs on debit cards instead of its famous Monopoly money.

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Tags: Banking, news
Tuesday, February 16, 2016 4:54 pm
By Claes Bell · Bankrate.com

Minneapolis Fed president Neel Kashkari says it’s time for Congress to consider more radical approaches to preventing a future banking crisis.

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Tags: Banking, news
Friday, February 5, 2016 9:31 am
By Claes Bell · Bankrate.com

Imagine a food truck, but instead of Korean tacos or barbecue sliders, the truck dispenses cash and financial services. Sure, the latter isn’t as tasty, but banks seem to be leaning increasingly toward so-called “pop-up branches” as a way to serve customers while still reducing their brick-and-mortar branch footprint — and costs. Bank of America

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Tags: Banking, news
Wednesday, February 3, 2016 1:55 pm
By Claes Bell · Bankrate.com

Despite harsh words for banks, online lender SoFi is more similar to banks than it would have you believe.

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Tags: Banking, news
Wednesday, February 3, 2016 9:28 am
By Claes Bell · Bankrate.com

The CFPB issued a bulletin warning it will crack down on banks that aren’t careful enough when it comes to blacklisting checking customers.

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Tags: Banking, gnews, news
Wednesday, January 27, 2016 9:29 am
By Claes Bell · Bankrate.com

Chase is installing new ATMs that will allow customers access with a mobile app, rather than a plastic ATM card.

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Tags: Banking, news
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