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Mar 06

Isis Holds Taxicab Promotion for American Express Customers

Through June 1, 2014, American Express card customers who pay for a ride in an NYC Yellow Medallion Taxicab through the Isis Mobile Wallet will get back 50 percent in the form of statement credits. The promotion is available for personal, OPEN Small Business and Serve card customers. Each eligible card can receive up to

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Beauty Retailer Looks Into Possible Card Data Breach

Beauty Retailer Looks Into Possible Card Data Breach

Beauty supply retailer Sally Beauty is currently investigating a possible security breach that compromised customer debit and credit card information, according to Businessweek. Security blogger Brian Krebs, who first reported the major breach at Target stores, discovered information from 282,000 stolen cards for sale in underground online marketplaces, and they’ve been linked to Sally Beauty.

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Mar 03

Two Banks Closed in Virginia, Pennsylvania

Last Friday, a bank in Virginia and a bank in Pennsylvania were closed by federal regulators. The assets and deposits of both failed banks were purchased and assumed by other banks. Millenium Bank, based in Sterling, Va. with $130 million in assets and $121 million in deposits, and its two branches have reopened has WashingtonFirst

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Feb 26

Customers Bank Plans to Launch Mobile-Focus Bank

Customers Bank, based in Wyomissing, Pa. with $4.2 billion in assets, said that it plans to launch a new bank that will be based entirely for mobile devices. The bank already owns the domain “BankMobile.com.” “Our new mobile banking platform will complement our ‘high touch supported by high tech’ and ‘single point of contact delivery

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Feb 25

Chase Introduces International Travel Notifications

Chase has launched a new online banking feature that allows certain Chase customers to alert the bank that they are traveling, so that their cards aren’t automatically rejected when used during trips abroad. “By telling us when and where you’re traveling abroad, we know that it’s you making the purchases,” Chase says on its website. “Without

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Feb 20

Capital One 360 Now Offers Debit Card Security Tool, ATM Check Deposits

In an email to customers, Capital One 360 said that it launched a new security option that will allow 360 Checking customers to deactivate and reactivate their debit cards. The feature is available through online banking and through the Capital One 360 mobile applications. Another newly added feature for Capital One 360 customers is the

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Feb 19

Capital One Joins clearXchange P2P Payment Network

Capital One announced that it has joined the clearXchange network as an owner, joining Bank of America, Chase and Wells Fargo. The news means that another major bank has become part of a person-to-person (P2P) payment network that doesn’t require customers at member banks to input account information to retrieve payments. “This partnership expands the

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Capital One 360 Opens First Café in Boston

Capital One 360 opened another one of its signature cafes in Boston, the first in the area. Similar to their other cafe locations, visitors are entering a coffee shop with a banking theme. “From fostering conversations about saving, to introducing new financial tools, our Cafes give us an opportunity to make personal connections, and showcase

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Feb 14

Santander Drop ATMs fee for Travelers to Mexico and Puerto Rico

Santander announced that customers can use Santander ATMs in Mexico and Puerto Rico without fear of incurring surcharges. “We are a local bank that is very much focused on the communities we serve — and we are also part of a strong and diversified global group,” said Roman Blanco, president and CEO of Santander US,

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Feb 13

CIT Bank Raises Online Savings Rate

CIT Bank increased the rate on its online savings account from 0.85% APY to 0.90% APY on balances of less than $25,000. For balances of $25,000 or more, the savings rate jumped from 0.90% APY to 0.95 % APY. On balances of less than $25,000, CIT Bank’s savings rate is tied for the top nationwide

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