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Apr 28

U.S. Bank Now Offers Instant Payments Through Popmoney

U.S. Bank has expanded its Popmoney person-to-person payments functionality to include a new feature that allows customers to send money instantly to recipients at participating financial institutions. The Instant Payments feature is the quickest money transfer option available from Popmoney, if the recipient’s bank also offers Popmoney services. The delivery time is 3 days for

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Palmetto State Bank Takes Over Failed South Carolina Bank

Allendale County Bank, based in Fairfax, S.C. with $54.5 million in assets and $51 million in deposits, was closed by federal regulators on Friday. It marks the first bank failure in about two months. Palmetto State Bank, based in Hamption S.C., agreed to assume the deposits and purchase the assets of the failed bank. The

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Apr 25

Discover Cashback Checking to Have Separate Cash Back Balances

Discover said it will separate the cash back earned through Discover’s CashBack Checking account from the cash back earned through Discover’s cash back credit cards. The change will take effect on July 1, 2014, according to an email notice send to CashBack Checking customers. All cash back earned before this date will remain combined under

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Latest Credit Card Deals: Last Week of April 2014
Apr 23

Latest Credit Card Deals: Last Week of April 2014

With so many different types of credit cards out there, how do you find the perfect one? You’re in luck! Many credit card companies recently introduced amazing deals, offering a wide range of rewards and cash bonuses. Here are the most notable credit card deals from the past week: Sony Card: $100 for Opening New

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Latest Bank Deals: Last Week of April 2014

Latest Bank Deals: Last Week of April 2014

Don’t miss these great bank deals — PNC is currently offering up to $400 for a new checking account! You’re in luck if you’ve been searching for a new bank or checking account. We’ve tracked the best bank deals offered throughout the month of April. Here are a few of the most notable bank deals

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Apr 21

American Express Serve Now Sold and Reloadable at Walmart Stores

American Express announced that its Serve prepaid card is now available for purchase at more than 4,000 Walmart stores nationwide. “By offering American Express Serve alongside Bluebird at Walmart, we’re expanding our portfolio of products to meet the needs of more Walmart shoppers,” said Dan Schulman, group president of enterprise growth at American Express, in

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Michaels Data Breach Confirmed

Michaels Data Breach Confirmed

On Thursday, Reuters reported that Michaels Stores Inc., the U.S. largest retailer of arts and crafts supplies, confirmed a data breach effecting seven percent of its payment cards. The breach, which was estimated to have taken place between May 8, 2013 and January 27, 2014, may effect 2.6 million cards. Michaels issued a warning to

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Walmart Launches Store-to-Store Money Transfer Service
Apr 17

Walmart Launches Store-to-Store Money Transfer Service

Walmart has launched a money transfer service that allows consumers to transfer money between more than 4,000 nationwide Walmart stores. This Walmart-2-Walmart Money Transfer Service looks to compete with the likes of Western Union and MoneyGram. “After listening to our customers complain about the high fees and confusion associated with transferring money, we knew there

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Apr 14

Ally Redesigns iPhone Mobile Banking App with iOS7 Look

Ally Bank gave a makeover to its mobile banking application for the Apple iPhone. It now sports a look that is consistent with the iOS7 operating system. Redesigned from top to bottom, mobile banking customers will see a streamlined menu, improved navigation and combined activity for transfers and other transactions. An update for the free

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Apr 11

Bank of America Refunds Credit Card Customers for Add-On Products

In a settlement with the Office of the Comptroller of the Currency and the Consumer Financial Protection Bureau, Bank of America was ordered to refund roughly $727 million to customers who were sold credit card add-on services, such as identity theft protection, between Oct. 1, 2010 to March 31, 2013. Bank of America stopped offering

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