Tech

Samsung Pay was just enabled for 1.7 million Australians

Samsung Pay has brought payment solutions outsourcer Cuscal onto its platform, meaning 38 Australian banks and credit unions have now enabled smartphone and watch payments for their customers. Cuscal’s horde of financial institutions join existing members Westpac, Citibank and American Express on the contactless digital wallet. Their customers can now […]
Samsung Pay was just enabled for 1.7 million Australians
Markets

5 Types Of Credit Unions That Are Worth Joining

[credit provider=”statigr.am/anniejean_sc” url=”http://statigr.am/p/336952190039039582_235386094″] Credit unions come in all stripes and colours.Currently, there are 7,200 credit unions in the U.S., according to the Credit Union National Association.
5 Types Of Credit Unions That Are Worth Joining
Markets

Credit Unions Still Shine After Last Year’s Big Bank Fee Frenzy

[credit provider=”Daniel Goodman / Business Insider”] Though credit unions aren’t entirely opposed to service fees, they are still friendlier to consumers in terms of checking account and overdraft fees, a new Bankrate.com survey found. Of the nation’s 50 largest credit unions, nearly three-quarters still offer free checking accounts with no […]
Credit Unions Still Shine After Last Year’s Big Bank Fee Frenzy
Markets

PEW: It’s No Wonder Bank Customers Are Getting Screwed

[credit provider=”kris krüg / flickr” url=”http://www.flickr.com/photos/kk/18768224/”] A new study by Pew Charitable Trusts shows exactly why so many consumers have trouble figuring out what they’ve signed up for at their bank. The median length of the disclosure for a bank was 69 pages compared to just 31 by the more consumer-friendly credit […]
PEW: It’s No Wonder Bank Customers Are Getting Screwed
Markets

A Lot Of People Ditched Their Big Bank For A Credit Union Last Quarter

[credit provider=”Thomas Hawk | Flickr” url=”http://www.flickr.com/photos/thomashawk/4777025004/”] Credit Unions are continuing to rescue upset consumers from big banks, with 667,000 people joining in the first quarter, according to the National Credit Union Administration. In March, their total assets topped $1 trillion, with the industry’s net worth passing the $100 billion mark […]
A Lot Of People Ditched Their Big Bank For A Credit Union Last Quarter
Markets

An Inside Look At How Banks Court Customers

[credit provider=”Flickr/shouldbecleaning” url=”http://www.flickr.com/photos/shouldbecleaning/162350287/in/photostream/”] It’s always interesting to see the intense detail businesses put into wooing the public, and this age-by-age guide to courting new bank customers by Financial Brand’s Margie Church is no exception.Church suggests banks target customers before they’re even old enough to get a licence. The key to […]
An Inside Look At How Banks Court Customers
Markets

This Is Why You Should Worry When Your Bank Gets Bought

[credit provider=”flickr via backpackphotography” url=”http://www.flickr.com/photos/backpackphotography/2317259519/in/photostream/”] Banks are basically a bunch of bricks-and-mortar cannibals when you think about it – one is always getting gobbled up by another and customers get dragged along for the ride.Consumers don’t always know there’s been a change in service until they receive a “Welcome” package […]
This Is Why You Should Worry When Your Bank Gets Bought
Markets

This Guy’s Bank Of America Lifetime Free Checking Account Expired Before He Did

[credit provider=”ABC KGO-TV” url=”http://abclocal.go.com/kgo/story?section=news/7_on_your_side&id=8636625″] Look closely at the biggest banks in the country and you’ll find they’re a lot like those little Russian dolls – pop one open and you’ll get a smaller bank, then a smaller bank inside that one, and on and on till you wind up with […]
This Guy’s Bank Of America Lifetime Free Checking Account Expired Before He Did
Markets

Consider A Credit Union When Shopping For Private College Loans

[credit provider=”Flickr – I-5 Design & Manufacture” url=”http://www.flickr.com/photos/i5design/4902176282/”] If you have to borrow for college, the best college loans are the ones available through the federal government, which provide the same student loan rates and terms for everyone.If you are interested in pursuing private college loans, you need to proceed carefully. Here are seven things […]
Consider A Credit Union When Shopping For Private College Loans
Markets

BofA, Wells Fargo Are Lagging Behind In The Remote Checking Deposit Game

[credit provider=”iTunes” url=”http://itunes.apple.com/au/app/citi-mobile-sm/id301724680?mt=8″] The New York Times’ Tara Siegel Bernard was pretty jazzed this week to find that Citibank has joined the ranks of banks that offer mobile check deposits. It’s a little surprising it’s taken them this long to hop on board, so we asked the folks from credit card comparison […]
BofA, Wells Fargo Are Lagging Behind In The Remote Checking Deposit Game
Markets

Chase Sends Customers’ Private Account Info To The Wrong Address

[credit provider=”Flickr/David Goehring” url=”http://www.flickr.com/photos/epicharmus/756868390/”] An Illinois woman claims Chase sent her three customers’ private account info, including full debit and credit card account numbers, reports CBS Chicago’s Kristyn Hartman.Lucky for them, the information fell into trustworthy hands. Recipient Gina Mershon contacted Chase right away.
Chase Sends Customers’ Private Account Info To The Wrong Address
Markets

Credit Unions Are Going Digital To Lure Customers From Big Banks

[credit provider=”Flickr / I-5 Design & Manufacture” url=”http://www.flickr.com/photos/i5design/4902176282/sizes/m/in/photostream/”] A group of 128 community banks and credit unions have linked up with Kasasa, an online money management service, to lure new customers from big banks, reports CNN Money’s Blake Ellis. Customers banking with Kasasa receive free cash back rewards checking accounts and high-interest […]
Credit Unions Are Going Digital To Lure Customers From Big Banks