The Federal Reserve is forming task forces to combat the two biggest problems in America’s ’70s-era payment system: slow speeds and slack security.
The CFPB is working on a tool to help colleges strike deals with banks that don’t stick students with high fees and skimpy features.
Worried about the potential for losing your debit card or falling victim to a financial scam during the busy holiday shopping season? Find out how to stay safe.
There’s a loophole in the law that protects your bank debit card against errors, fraud and lost cards, and those protections don’t apply to most prepaid cards.
A massive ID theft fraud ring recently brought down by law enforcement had gotten some help from hapless Instagram users who posted selfies with their paychecks.
President Obama has signed an executive order directing the federal government to take some incremental steps to fight card fraud and identity theft.
Louisiana residents who got tax refunds via the state’s My Refund Visa debit card might have been hacked.
Students should look for checking features that will keep them more connected to their budget and their account balances,
The Consumer Financial Protection Bureau again has raised concerns about overdraft protections at banks, today releasing a report that says small debit card purchases lead to expensive overdraft fees. “Today’s report shows that consumers who opt in to overdraft coverage put themselves at serious risk when they use their debit card,” CFPB Director Richard Cordray
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