While employers can save money by using payroll cards, their employees can easily lose due to excessive fees. Some lawmakers in New York are standing up to protect those workers.
Wells Fargo and U.S. Bank plan to quit offering their customers advances on direct deposits, in accordance with guidelines from federal regulators.
Amid increased scrutiny of deposit advances, Regions Bank says it will discontinue Ready Advance.
A new survey reveals that more account holders are willing to pay for mobile banking tools.
Consumers want more from their banks, even if it comes at the cost of sharing information as personal as their fingerprints.
Finding special CD offers takes some work. Savers may have to call the bank or credit union or go to the website to find out what specials are on tap.
One woman in the U.K. accidentally transferred $40,000 into the wrong checking account over two years.
A trick to start and stick to saving monthly is to sign up for an automatic savings program.
Consumers who don’t use direct deposit or maintain a minimum balance face greater difficulty avoiding bank fees, a study finds.
It’s no accident that moving your checking account can be kind of a pain. As I’ve pointed out on this blog before, banks promote direct deposit and bill pay in part because it makes switching banks much more difficult. Would-be bank switchers have to coordinate moving over their various direct deposits and automatic bill payments