iPhone app iPad app Android phone app Android tablet app

Debit Reform

Bank of America's Backtrack on Fees Is Proof Debit Reform Is Working

Douglas Kantor | Posted 02.26.2013 | Business
Read More: Cnbc, Brian Moynihan, Bank of America, Credit Cards, Durbin Amendment, Overdraft Fees, CARD Act, Swipe Fees, Debit Reform, Douglas Kantor, Checking Fees, money123, Business News
Douglas Kantor

Bank of America's recent decision to back down on new checking fees next year is further proof debit card swipe fee reform has resulted in greater marketplace competition benefitting consumers.

Read Whole Story

A Year After Debit Reform, Consumers Benefit Even as Banks Cast False Blame

Douglas Kantor | Posted 11.23.2012 | Business
Read More: Debit Card, Credit Cards, Economic Recession, Debit Cards, Great Recession, Debit Reform, Debit Card Fees, Recession, Business News
Douglas Kantor

While the average American is making less and the income gap widens, profits in the banking industry are higher than they were pre-recession.

Read Whole Story