In the beginning, it was all about green. Yes, when Colorado legalized the sale and use of marijuana for recreational use at the beginning of 2014, most people immediately thought of the leafy green plant that had previously been illegal to smoke or eat. But once the reality that the availability of recreational marijuana presented… Continue reading Plastic For Pot Purchases
Debit Cards Reduce Crime
Long before the debate around the wisdom and fairness of using prepaid debit cards to pay employee salaries began, recipients of welfare and food stamps made the switch from paper checks to plastic. A new study has found that the transition yielded this surprising result: Debit cards reduce crime. A recent story in The Chicago… Continue reading Debit Cards Reduce Crime
In-case you missed it… Stories of Interest: 4/11/2014
In-case you missed it; The best from the world of personal finance blogs – all in one place Financial lessons from “Downton Abbey” There are plenty of people – Anglophiles and lovers of tawdry storylines, in particular – who just can’t get enough of “Downton Abbey.” But for Money Crashers writer, Jacqueline Curtis, the… Continue reading In-case you missed it… Stories of Interest: 4/11/2014
Bankrate Surveys Prepaid Cards
One indication of the mainstreaming of prepaid debit cards is the amount of attention these once fringe financial products are attracting from the media. The most recent example of that is an in-depth survey of the fee structures of 30 prepaid cards by Bankrate.com, a leading personal finance website. Released on April 7th, Bankrate’s analysis… Continue reading Bankrate Surveys Prepaid Cards
Wal-Mart Sues Visa
The ongoing battle over how much banks should be able to charge stores for processing a debit card purchase began after the 2010 passage of the Dodd-Frank Consumer Protection and Wall Street Reform Act.
Capital One Introduces Credit Monitoring Tool
Credit bureau monitoring, in particular, is meant to address anxiety people have about identity fraud. Capital One customers utilizing Credit Tracker will now receive an alert whenever a new account is opened in their name or if there is a change of address or employment, all of which are indicators of potential identity theft.