Whether you are white, black, red, brown or yellow, today you just want to see some more green. U.S. currency, that is. We are all in this mess together.
NEW YORK (AP) — A study of members of some of New York City's fastest-growing immigrant communities finds that their banking patterns can be very di...
Bank fees are not just bad for consumers, they're bad for the economy. A growing number of Americans are unable to afford a bank account -- a situ...
If you take a look at the way the following states allow unemployment benefits to be nickeled and dimed by megabank prepaid card programs you will see why it's time to change the system.
According to a recent survey by the Federal Deposit Insurance Corp. (FDIC) and the U.S. Census Bureau, 17 million American adults now live in "unbanke...
By Mitchell D. Weiss There are lots of cash-strapped consumers out there who, for all practical purposes, are closed out of many traditional credit p...
BENTONVILLE, Ark. — Wal-Mart Stores and American Express are teaming up on a reloadable prepaid card for shoppers. The two companies said Monday ...
Nearly half of households headed up by a single mom don't regularly use a bank account and rely on pricey alternative financial services, according to...
NEW YORK -- On a recent summer morning at a noisy South Bronx intersection, a man walked into RiteCheck, a check cashing store, to use the ATM machine...
SmartMoney: Is the prepaid debit card moving upmarket? In recent months, major financial institutions such as American Express and J.P. Morgan C...
The poorest consumers, currently living off the financial grid, may soon be pulled back onto it in an unexpected way. Experian, a data collection a...
The bank account as the central money management tool is simply not relevant for many low income people. If we want to assist people in their efforts to be competent money managers, what is the best mix of services?
Have you ever heard of a banker with no bank account? Joel Lawton, a Texas-based mortgage banker with no checking or savings account, is just one o...
The government's top consumer sheriff wants to rein in the Wild West of prepaid cards, even as some of the biggest players in the financial industry m...
NEW YORK — Wal-Mart shoppers now will be able to pay cash for online purchases. The world's largest retailer on Thursday said it will allow sho...
Imagine Gail, a 30-year-old mother of two school-age children. Gail is on ChexSystems and has a low credit score as the result of actions taken by an ...
More than 2.5 billion people -- or half of all adults around the world -- are "unbanked," meaning they don't have a bank account, according to data re...
This year South Carolina income tax refunds will arrive on prepaid debit cards unless taxpayers specifically opt for a check or direct deposit. The...
In the latest signal that the economic crisis has fundamentally changed the way Americans handle their money, the largest provider of prepaid debit ca...
As debate rages over the role of banks in society today, a sizable number of Americans continue to have no bank account at all. Close to one-third...
Alternative finance firms, from credit unions to online and pawn lenders, are gaining traction as banks turn off the tap for easy cash and start c...
Suggesting that America's savings problem be solved by establishing an Eva Peron-style lottery incentivizing those with little to save doesn't understand the dynamics at play in the American economy today.
Over the past 60 years the U.S. has been involved in more than 10 wars and invasions. These have included World War II, the Korean War, Vietnam, the B...
Rather than treat the unbanked and underbanked as second class citizens, the prepaid card industry is listening to their needs.
I am midway through reading Gary Rivlin's new book, Broke, USA. As CNN Money contributor Dan Okrent puts it in his review, Rivlin's book is about the ...
