The underbanked and their reliance on cellphones is driving the industry to target this group with mobile wallet trials.
The hangover from Bank Transfer Day is still giving banks headaches, as a new study of global consumers show banks at the bottom of the bunch when it comes to consumer trust.
A new survey says the choice between banks and credit unions is a tough one for mortgage applicants, but the better prepared you are, the easier the decision will be.
Economists are crediting the recent boost in interest rates to an improving economy, but is it really as simple as that? And can consumers expect even higher rates going forward?
Consumers should be aware that they can still be hit with an overdraft fee even after they’ve opted out of overdraft protection if they bounce a check or link recurring debit card charges to their checking account.
An analysis from MyPrivateBanking Research found that the majority of mobile banking apps from 50 of the world’s largest banks lack the services and security features customers actually find worthwhile.
A survey from the Federal Reserve reports that one in five bank customers have used mobile banking at least once in the last year, and 20% more say they’ll use it by the end of 2012.
The median overdraft fee cost is on the rise, but banks are still feeling the pain of financial reforms.
Premium checking accounts are becoming increasingly popular. Here’s what the average consumer should know about them.
Even the farsighted Founding Fathers could not have foreseen this – the Fed is now on Twitter! But I wonder – does anyone really need a “cool Fed” or a “fab Fed?”