Over the next few days, you’ll be able to grab a coffee, visit a museum, enjoy lunch out at a restaurant, rent some DVDs, and …
ATMs
Bank of America Closed a Bunch of ATMs This Year
Almost exactly two years after Bank of America rolled out its “eBanking” checking account that costs nearly $9 a month if the customer wants service from actual human tellers, the bank’s recent quarterly report shows that …
ATMs with a Human Touch: How New ATMs May Replace Bank Tellers
ATMs are getting a new face — literally, a human face. Some bank customers are already encountering what might be called ATM cyborgs, in which a machine includes a screen showing a bank teller’s head. The teller, in a remote …
Would You Watch an Ad to Avoid an ATM Fee?
From e-mail to broadcast TV programming, search engines to roadside billboards, consumers are accustomed to being inundated with advertisements at every turn. Typically, the tradeoff for being subjected to ads is that consumers …
Crooks Prey on Unsuspecting Credit Card Customers
Claims of lost or stolen credit cards go up by nearly 20% during the holiday season, according to PNC Bank. The reasons are twofold: We tend to use our cards more during this time of year, and thieves are smart enough to know that people tend to be rushed and distracted during this time of year. But some criminals don’t wait until the …
Oh, the Irony: Identity Theft Prosecutor Is Hacked
Credit card skimming, in which a crook installs a device in an ATM or payment terminal to steal account information, can happen to anybody. For proof, look to Seattle, where Jenny Durkan, the U.S. Attorney for the Western …
10 Steps For Choosing an Online Bank
A recent chart in American Banker magazine highlighted that free checking at larger banks is getting scarcer. As recently as 2009, 96 percent of banks with more than $50 billion in assets offered free checking; now, that number …
Why Your Checking Account Is Getting More Expensive
Long the workhorse of the financial mainstream, the checking account has undergone a radical evolution in recent months. Banks are shifting to the business model embraced by airlines, unbundling a product and adding fees on an a …
How to Launch a Counteroffensive Against Bank Fees
You’ve heard the news (banks are piling on the fees), and you’re not happy about it (most big banks get D grades). Now it’s time to do something about it.