Credit Cards News. Tag: 'bank of america'
Bank of America Settles Lawsuit, Hit With Another
We’ve been watching the overwhelming number of lawsuits being filed against the nation’s biggest banks. Seems like for every one that’s settled, there’s another waiting in the wings. Bank of America isn’t immune to these legal quagmires.
It’s a Bad Week to Be a Bank
You can imagine the brouhaha many bank CEOs are cursing at this very moment. They have more than 300 new servicing standards as part of that massive $25 billion mortgage settlement and they’re in the spotlight.
Guns, Credit, 2nd Amend & Victims: GE Capital Bails
It’s a tough quagmire and surprisingly, it would appear some companies are actually bailing on the opportunity to turn a profit in lieu of the human condition. GE Capital is just one more lender that says it’s out of the …
Ready for Correct Change, Video Chat With Your ATM?
It was just a matter of time before all eyes turned to the technological advances found in our ATMs. At one time, in the not so distant past, ATMs served one purpose: withdraw cash. Initially, consumers couldn’t even deposit a …
Foreclosure Class Action Suits to Come?
For those who have been waiting for years for their checks from the Independent Foreclosure Review began receiving them this week. And those recipients are furious and are now considering a class action lawsuit against the banks that were found …
More Cyberattacks on Banks, Change is Overdue
Several months ago, there began an extensive and exhausting assault levied against American banks. These denial of service attacks proved frustrating and overwhelming not only for banks, but for consumers who were often greeted with a message stating they would …
MasterCard “Chips” Away Liability
For quite some time, consumers have shopped with more confidence with their credit cards knowing that if their cards are stolen or their accounts hacked, they will have little, if any, of the liability associated with stolen credit.
3 Face Charges for Targeting Bank Accounts
Prosecutors in the U.S. charged three foreign nationals on Wednesday and allegations include targeting and distributing viruses that infected 1 million computers around the globe; 40,000 of which were in the U.S.
New Bank ATMs Allow $1 and $5 Bills
A couple of the country’s biggest banks are in the process of introducing new ATMs that allow their customers to withdraw in increments of $1 and $5. Is this a good idea or just another way for big banks to …
Wal Mart Mortgages?
Would you go for a mortgage offered by Wal Mart? Turns out, many of us would. Even though the perceived risk of a big U.S. bank failure has receded in recent years, many of us still don’t trust them and …
Square Competition: BoA Enters Market
Look out Square, Bank of America is launching its version of credit card and debit card swiping devices for smartphones. Its version, Mobile Pay on Demand, is being marketed through the massive bank’s Atlanta division and is calling it a …
Now What? The Morning After the Election
It was an incredibly close race all along. All of the polls over the past few months have barely budged and when they did, it was never more than a point or two. One day, Governor Romney was in the …
american express amex balance transfer bank bank of america business capital one cash back chase citi citibank consumers credit card credit card companies credit card debt credit cards credit score customers debit debit card debit cards debt discover fees increase interest loan MasterCard money payments protection purchase rate recession report revenue reward rewards savings shopping transaction transactions travel visa wells fargo
Featured Card
* * *