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Wells Fargo Sued For Fraud Over Bogus Account Scandal

Reuters | Andrew Hart | Posted 09.17.2016 | Business

Wells Fargo & Co, embroiled in a scandal over the opening of sham accounts, was sued on Friday by customers who accused the bank of fraud and reckless...

Wells Fargo Will Pay $190 Million To Settle Customer Fraud Case

Reuters/HuffPost | Annum Masroor | Posted 09.14.2016 | Business

WASHINGTON, Sept 8 - Wells Fargo has long been the envy of the banking industry for its ability to sell multiple products to the same customer, but r...

Luigi Wewege Interviewed By The Hiring Guru

David Jensen | Posted 07.25.2016 | Business
David Jensen

Luigi Wewege is the President and CEO of Vivier Group a multinational banking and financial services group of companies, providing its select services worldwide through representation in jurisdictions across Africa, Asia, Oceania, Europe and South America. Vivier Banking & Financial Services comprises of Vivier Bank a licensed offshore private bank and Vivier & Co a boutique financial services firm. Summarized, he's a busy and productive man.

8,000 People Open Accounts At Black-Owned Bank In Atlanta

The Huffington Post | Taryn Finley | Posted 07.18.2016 | Black Voices

In the weeks following the deaths of Alton Sterling and Philando Castile, more and more influencers, like Solange and Killer Mike, have started to #Ba...

"A Traffic Ticket Hits Home"

Jerry Zezima | Posted 06.09.2016 | Comedy
Jerry Zezima

By Jerry Zezima Today's Ridiculous Banking Question is: What's the faster way to lose your house: don't pay the mortgage or don't pay a traffic ticke...

Girl Gives Mom The Slip... And Ends Up Locking Herself In Bank Safe

The Huffington Post | Lee Moran | Posted 02.20.2016 | Weird News

Dramatic video shows fire crews rushing to free a 2-year-old girl from inside a locked bank safe. She reportedly scrambled into the steel time-lock bo...

Davos' FinTech Left One Innovation Out

Ella Thuiner | Posted 01.28.2016 | Business
Ella Thuiner

Today's IT infrastructures in banks have grown historically over decades. Creating a helicopter view of the IT landscape is sometimes impossible because it takes a large group of experts from different areas in a bank to talk to each other in order to get an overview.

Virtual Project Managers as an Innovation for Managing Operational Risks

Ella Thuiner | Posted 12.29.2015 | Technology
Ella Thuiner

Future project managers will work on a virtual basis that enables them to better focus on what matters as well as to monitor and control operational risks mindfully. The picture below shall illustrate the business-related processes behind a financial instrument (for instance, as used by hedge funds).

When the Bough Breaks

Jerry Zezima | Posted 09.16.2016 | Comedy
Jerry Zezima

When I bought my house, which the bank owns but kindly allows me to pay for, I was thrilled to have a big yard with lots of beautiful trees. Apparently, the trees don't feel the same, which is why, after a recent storm, the oak was on me.

Stop Economic Cronyism, Wind Down the Ex-Im Bank

Ken Blackwell | Posted 05.15.2016 | Politics
Ken Blackwell

Congressional leadership is badly needed to stop the reauthorization of the Export-Import Bank and let its charter expire in June. Speaker Boehner's recent comments are an encouraging sign.

Finishing the Estate

Stanley Ely | Posted 05.23.2015 | Fifty
Stanley Ely

Morris's background as an accountant seemed to re-emerge in the plan he devised for his estate: it granted A seven percent, B three point five percent and so on for eight or nine persons. Numerous fractions. I gulped when he showed me his will. "How as I supposed to settle this?" I asked.

Easy Direct Deposit Methods to Get Bonuses for Opening a New Bank Account

MyBankTracker | Posted 05.19.2015 | Money

Not too many people would say no to free cash and that's one thing banks count on when running new account promotions. The catch is that you typically have to jump through a hoop or two in order to get the money.

Avoid a Minimum Balance Fee at Your Bank With These Simple Tips

MyBankTracker | Posted 05.02.2015 | Money

Free checking is becoming a thing of the past and trying to get around the different fees banks charge these days is like navigating a financial obstacle course. One of the most annoying bank fees to contend with is the minimum balance fee.


Stanley Ely | Posted 04.25.2015 | Money
Stanley Ely

Tell me, when you scrape through from one check to the next, how is a young guy to save anything? Look me up for other accomplishments.

China Makes the Right Move

Steve H. Hanke | Posted 04.11.2015 | World
Steve H. Hanke

Yesterday, China's Central Bank reduced bank reserve requirements for large banks by 50 basis points to 19.5 percent. The Chinese know that the nominal level of national income is determined by the magnitude of the money supply.

10 Smart Ways to Avoid Checking Account Fees for Good

MyBankTracker | Posted 01.25.2015 | Money

From ATM fees to monthly maintenance fees to the infamous and expensive overdraft fee, these fees can add up if you're not careful. Last year, they paid out $32.5 billion in bank charges and penalties.

"The Inn Crowd"

Jerry Zezima | Posted 12.31.2014 | Comedy
Jerry Zezima

If I can afford to retire when I am eligible in five years -- I took a vow of poverty when I went into journalism, so I may be working posthumously -- I'd like to be an innkeeper.

Want to Save the Planet? Flood Wall Street

Richard (RJ) Eskow | Posted 11.18.2014 | Politics
Richard (RJ) Eskow

Wall Street is the epicenter of our environmental crisis. To ignore that fact is to risk dooming our other climate efforts to failure, or to use them merely as palliatives for troubled consciences. There's no other way to say this: Capitalism, as practiced on Wall Street today, is an existential threat to humanity.

Why a Cardless ATM Future Should Spark Excitement... And Worry

MyBankTracker | Posted 10.11.2014 | Money

The next time you withdraw cash out of an ATM, imagine what it would be like if you could do it without using a debit card. That might soon become rea...

Heartwarming Video Will Inspire You To Change Banks

The Huffington Post | Andrew Hart | Posted 07.30.2014 | Good News

On days when most of the headlines about banks make you consider storing all your money in a mattress, it's nice to see a financial firm break from th...

Chase Stops Cash Deposits Into Accounts That Aren't Your Own (And It Still Doesn't Make Sense)

MyBankTracker | Posted 09.07.2014 | Money

How is it I can't use my good, hard-earned cash to deposit in someone else's legitimate account? Look, I'm all for stopping money laundering. But this new policy is disruptive for millions of families across the U.S. Not only is it disruptive -- but it's also silly.

Financial Parasites Are Still With Us, But Hopefully Not for Long

John Harrington | Posted 07.27.2014 | Business
John Harrington

Almost four years ago, I wrote about a new non-profit check cashing and payday lender that opened in the Fruitvale area of Oakland, California in the ...

Don't Get Scammed by Phony Job Offers

Gini Graham Scott | Posted 05.14.2014 | Crime
Gini Graham Scott

It can sound like a great deal -- a job you can easily do at a time when many jobs are contracting or going overseas, unless you are in the tech secto...

The New Bank Innovation Platform

Spiros Margaris | Posted 07.06.2014 | Business
Spiros Margaris

One of the greatest benefits of an open innovation platform for a financial institution is that they can honestly say that they listen to what clients and potential clients want and, perhaps, more importantly what they need.

What Happens to Your Bank Account When You Die?

MyBankTracker | Posted 04.28.2014 | Business

What happens to your bank account upon death depends a lot on what you do with it during your life.