As more consumers ditch checking accounts in favor of prepaid cards, some fraudsters are targeting cardholders in online scams. A recent New York Times story by Matthew Goldstein highlights that one particular financial product seems to have become the focus of regulators. It’s called MoneyPak, and it’s known as a “cash top-up card.” Rather than working
Capital One is changing the way it uses information from the ChexSystems database, and it’s good news for consumers who have not been able to open checking accounts due to some previous personal finance mistakes.
Study: Here’s why Americans believe prepaid cards are great for personal finances.
Prepaid card issuers are feeling new pressure to offer clear fee descriptions.
BofA is launching a new checking account that lacks one traditional feature: overdraft fees.
A dead Michigan woman wasn’t discovered for six years, revealing a pitfall of automatic bill-pay.
The wireless provider is venturing further into banking with its new Mobile Money service.
CFPB research shows that large banks are more likely to use arbitration clauses.
Consumers found more access to free checking after the Durbin Amendment, a study finds.
A new study reveals that, when it comes to checking accounts, where you live counts.