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HSBC Completes Sale of Upstate NY Branches: 5 Things to Know for the Week

May 20th, 2012
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HSBC has finally completed the same of its retail branches in Upstate New York to First Niagara Bank, which means customers will see new logos the next time they go to a branch. In other news, the President points the finger at JPMorgan Chase is the call for more banking regulations.

PayPal Turns Coinstar Kiosks Into Its ATMs

May 18th, 2012
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PayPal has largely been a cashless operation, until now. Through a partnership with coin-counting machine provider Coinstar, PayPal transforms Coinstar kiosks into machines that also double as ATMs for PayPal customers.

Wells Fargo Ends Ex-Wachovia Free Checking Accounts

May 17th, 2012
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More Wells Fargo customers, who still have free checking accounts, face a $7 monthly fee starting in August. The change marks the completion of the bank’s transition of these free checking accounts to checking accounts that can, in fact, remain free under certain circumstances.

ING Direct Tool Helps Set Savings Goals

May 17th, 2012
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To help customers stay on track with their savings goals, ING Direct has launched a new feature -- fittingly named “My Savings Goals” -- for Orange Savings and Kids Savings accounts.

Bank of America Begins Rollout of New Cash Back Program

May 16th, 2012
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Bank of America is delivering personalized deals and offers to customers in select states after bank employees piloted the program earlier in the year. Called BankAmeriDeals, the program aims to strengthen the relationship with existing customers and attract new business.

U.S. Bank Reviews Fee Structure, Will Increase Overdraft Fees

May 16th, 2012
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U.S. Bank plans to restructure some of its fees this year. In the initial stage, customers will face a slightly higher overdraft fee -- requiring greater diligence when managing their spending to avoid a negative balance.

RBS Citizens Releases P2P Payments, External Account Transfers

May 15th, 2012
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Citizens Bank and Charter One will let customers move their money through person-to-person (P2P) payments and external account transfers -- services that come with fees attached. Both banks are owned by RBS Citizens Financial.

American Express Launches Personalized Deals & Offers

May 15th, 2012
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American Express card members can now receive daily deals, sent via the company's iPhone application and based on purchase history and location. Initially, the deals program will be in pilot mode with offers concentrated in New York and Los Angeles.

TD Bank Agrees to $62 Million Overdraft Settlement: 5 Things to Know for the Week

May 13th, 2012
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In a week that will likely revolve around the Federal Reserve’s minutes of the last board meeting, several thousand TD Bank customers should be on the lookout for the possibility in recouping overdrafts that they paid in the past.

ISIS Mobile Wallet Adds American Express Cards, Payments Platform

May 11th, 2012
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ISIS, the telecom-backed mobile wallet venture, takes another major leap forward with the addition of American Express credit cards and Serve, the card issuer’s own digital payments platform. The agreement may allow ISIS to achieve dominance and edge out the slew of mobile wallets on the market.