A report released this week by the Consumer Financial Protection Bureau shows bank customers need more protection from debit card overdraft fees. The report focuses on overdraft fees banks charge customers when they overdraw their checking account with a debit or ATM card. Before mid-2010, when customers didn’t have enough money on their checking account… Continue reading Reports Show Bank Customers Need More Protection From Debit Card Overdraft Fees
Tag: featured
5 Tips for Choosing a Prepaid Card
The good news is that there are a lot of prepaid cards out there – which also happens to be the bad news. Here are 5 Tips for Choosing a Prepaid Card. When former President Bill Clinton was first running for The White House in 1992 his campaign team came up with a memorable mantra… Continue reading 5 Tips for Choosing a Prepaid Card
CardFlex’s Student Prepaid Debit Card Are Providing Universities and Students with Both Financial & Facility Security
In the wake of the Credit Card Accountability, Responsibility, and Disclosure Act of 2009 (CARD Act), college students are no longer finding themselves inundated with high-interest credit card offers. With debit card popularity on the rise, both students and campuses are taking advantage of the financial and facility security offered by debit cards. The rising… Continue reading CardFlex’s Student Prepaid Debit Card Are Providing Universities and Students with Both Financial & Facility Security
Bangkok Bank Pushes Its Debit Chip Card
Bangkok Bank is in a push, promoting its chip-enhanced debit cards to consumers in terms of safety. The BBL intends to increase the number of their ATMs that accept the card from 8,000 to 9,000 in an effort to persuade both existing and new customers to change from their current, magnetic-strip to chip cards. The… Continue reading Bangkok Bank Pushes Its Debit Chip Card
Say Goodbye to Paper Coupons, Receipts and Loyalty Cards
New Partnership Will Allow Coupons, Loyalty and Rewards Programs to be Tracked Directly on Your Debit/Credit Card The loyalty and rewards solution startup CardSpring has announced its partnership with VeriFone, the point of sale maker. The partnership will allow CardSpring to integrate its Web service platform into VeriFone’s PAYware Connect gateway so developers can create… Continue reading Say Goodbye to Paper Coupons, Receipts and Loyalty Cards
Nigeria’s National ID Cards Double Also as Debit Cards
Nigeria’s New Biometric Identification Cards Can Be Used At Stores and ATM’s In an announcement at the World Economic Forum on Africa last month, MasterCard and the Nigerian National Identity Management Commission announced their partnership to release 13 million ID/Debit cards. The combination government ID/debit cards will be rolled out over the next year as… Continue reading Nigeria’s National ID Cards Double Also as Debit Cards