Tag Archives: Debit card

Target Says 70 Million Individuals’ Data May Have Been Stolen

By Mark Memmott The size of the data breach at Target Co. stores late last year took a sharp rise Friday when the retailer said it now estimates that up to 70 million individuals may have had information that includes their … Continue reading

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Weak US card security made Target a juicy target

By Jonathan Fahey The U.S. is the juiciest target for hackers hunting credit card information. And experts say incidents like the recent data theft at Target’s stores will get worse before they get better. That’s in part because U.S. credit … Continue reading

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Breach At Target Stores May Affect 40 Million Card Accounts

By Mark Memmott Target Corp. that there was a massive security breach of its customers’ credit and debit card accounts starting the day before Thanksgiving and extending at least to Dec. 15 — the heart of the holiday shopping season. … Continue reading

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Paid via Card, Workers Feel Sting of Fees

By Jessica Silver-Greenberg and Stephanie Clifford A growing number of American workers are confronting a frustrating predicament on payday: to get their wages, they must first pay a fee. For these largely hourly workers, paper paychecks and even direct deposit … Continue reading

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Poverty in America: Millions of families too broke for bank accounts

by Bob Sullivan Sabino Fuentes-Sanchez hid $25,000 all around his house because he didn’t trust banks. Lasonia Christon receives her Walmart salary on a pre-paid debit card. Kim James was homeless for most of the past decade in part because she had … Continue reading

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Florida Attorney General Issues Subpoenas Against Russell Simmons’ RushCard, Other Prepaid Card Issuers, Over Hidden Fees

A little overdue I  think. Prepaid cards are convenient and the only form of “banking” many people have access to. The hidden/excessive fees associated to some of the cards has been known for a while now to those who use them. There are … Continue reading

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States Shortchange The Unemployed With Junk Debit Card Fees: Study

Unemployment benefits are not much. They seldom take care of a person’s basic needs, much less a family’s. Having fees attached to the debit card is not fair at all. States Shortchange The Unemployed With Junk Debit Card Fees: Study.

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