Posts Tagged ‘checking fees’

On January 15th, Green Dot, a US-based company best known for its prepaid cards, announced the launch of GoBank, a full FDIC-insured bank account designed for and available via mobile phone. Promoting itself as “a bank with tomorrow’s technology”, it does indeed come with a host of attractive features, such as a mobile-only account opening, checking the […]

Jan 17th, 2013 | Filed under Banking, Retail Banking

In today’s New York Times, the paper announced that Wells Fargo had lost a Federal Court ruling to the tune of $203 million. Wells Fargo, like most other large banks, processes checking and debit transactions from largest to smallest, rather than in the order received. There are a number of rationales for this policy. One […]

Aug 11th, 2010 | Filed under Retail Banking