This post by Jill Schlesinger originally appeared on CBS' MoneyWatch.com. I love electronic banking, but was surprised when recently, a deposit was suddenly reversed from my account. I called the bank ...
Today, if your debit card is stolen and used for purchases or your bank makes an accounting error that costs you money, there is a good chance you will recover most ...
Electronic banking has made it more convenient for businesses to handle their banking, but it has also added a new series of risks to the financial equation. Businesses assume greater liability for ...
As part of the growing popularity of electronic banking, paperless money transfers are becoming the norm. According to the American Bankers Association, electronic payments now outnumber paper ...
For many baby boomers, the transition of everything having to do with cash is becoming a real challenge. To begin with, we seem to be losing our choice of having cash in hand these days. Everything is ...
Jim is in a bind. A payment to one of his largest suppliers is missing, and if it is not received by 5 p.m., the supplier will refuse further service to him. He doesn’t want to wait to find out if the ...
In the midst of the current banking collapses and the ensuing madness that comes with it, I had to buy a car for my better half this week. I needed to use a debit card for slightly more than the usual ...
A 2013 Federal Reserve Payments Study stressed the rapid growth in electronic payments, noting that “By 2012, two-thirds of consumer and business payments were made with payment cards. (Debit and ...
LEE — Lee Bank has promoted Laura Lohbauer to vice president, electronic banking, recognizing her nearly decade-long commitment to advancing the bank’s digital strategy and enhancing the customer ...
With the introduction of electronic banking, many thought that frauds would become a thing of the past. How wrong they are. Bank frauds are rising more than ever before despite the coming of mobile ...
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