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 […]
Four states have already legalised recreational...
Unlikely, but a good try.
Say goodbye to big banks.
[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.
[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 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 […]
[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 […]
[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 […]
[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 […]
[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 […]
Last year, more than 5 million people made the big switch to credit unions and local banks because of their dissatisfaction with big banking practices.
[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 […]
[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 […]
[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.
[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 provider=”Flickr / I-5 Design & Manufacture” url=”http://www.flickr.com/photos/i5design/4902176282/sizes/m/in/photostream/”] Last month, we reported that of the 5.6 million big bank customers who switched their banks in the past 90 days, 214,000 moved to credit unions.