Banking

Interest is growing around the idea of using your mobile phone to pay for goods and services. Visa recently announced its intention to let people transfer cash to one another using their cell phones, and software developers are working on programs that would turn your phone into a kind of virtual...

In case you hadn't noticed yet, you will sooner or later: Bank fees are changing. In fact, in just the past week alone, JPMorgan Chase has received a lot of ink from personal finance writers. They're experimenting with $5 ATM fees for non-customers and considering limiting the amount people can...

Well, that didn't take long. A little more than a month after we told you how Chase had suspended new customer enrollment into its debit rewards program, the mega bank has announced that it's eliminating reward-earning entirely. According to this article, Chase mailed letters saying it would...

It's been well-documented that banks are hiking fees for users -- and blaming government regulations for "making" them do it -- for the past several months. But the news that Chase launched a pilot program that charges non-Chase customers a $5 ATM fee to use Chase machines in Illinois has even...

Although many of us get our paychecks direct-deposited into our bank accounts and pay for many daily expenses with the swipe of a debit or credit card, there's one aspect where commercial activity is several decades behind: person-to-person transactions. So if you ask a colleague to grab you lunch...

The cat and mouse game continues. Americans are beginning to reap more of the benefits of 2009's landmark credit card protection legislation, the CARD Act, even as some banks continue to add fees. The Act ordered banks to review credit card customers' files to determine if their interest rates...

The average National Football League player makes around $850,000 a year, yet, according to an expert interviewed by MSNBC, 22% of the league's 1,700 players have no savings to fall back on should the threatened lockout occur. Shocked? You shouldn't be. The combination of youth and large amounts of...