What the Debit Card Interchange Fee Reform Has Achieved
The Durbin Amendment benefited the largest merchants and smaller banks, but consumers, especially the big-bank customers, will suffer through its consequences....
Heavier U.S. Credit Card Users Live on the Coasts
The distribution of Americans who charge $700 or more per month on their credit cards is also an accurate representation of the country's political landscape....
AmEx Turns Bluebird into a Checking Account
The addition of checks and FDIC insurance has made Bluebird much better than most checking accounts and any other prepaid card currently available....
Checks Still Dominate P2P Payments and Other Facts
Despite the highly-publicized arrival of various new forms of P2P payments in the U.S. over the past decade and a half, paper checks still dominate the niche....
It Is a Phone and a Bank
M-Shwari can lay claim to being the first true mobile banking service - a full-fledged bank account, it offers access to loans and is managed from a cell phone....