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The article presents the discussion on Federal Deposit Insurance Corporation's proposal for new regulations aimed at preventing customers from losing access to their funds held in online money management apps, following the collapse of a financial technology company this spring. Topics include the need for banks to track individual customers' deposits, the challenges faced by banks holding these funds; and the impact of regulatory changes on the fintech landscape and customer protections.

The article discusses the current trend of banks offering cash bonuses to attract new customers, particularly as competition for deposits increases.

The article focuses on Goldman Sachs's profit surge in the second quarter (Q2), rebounding from consumer banking setbacks, asset management flourished despite sluggish M&A and trading amid high interest rates.

The article focuses on the aftermath faced by individuals and small businesses whose checking accounts were unexpectedly closed by banks, with a specific focus on Mansoor Shams, a Marine veteran from Baltimore, exploring the challenges he encountered while seeking employment at a bank.

The article provides suggestions to bank customers in the U.S. on how they can keep their banks from closing their account. Topics discussed include anatomy of a checking account, ways to avoid fraud involving mail theft and checks, and advice on how to avoid suspicious transactions. It also mentions importance of being proactive and reactive, and reason banks sometimes restricts accounts.

The article reports that some Wells Fargo customers experienced missing deposits due to a "technical issue," causing concerns about lost funds and potential bill payment delays, adding to frustrations with the bank's previous controversies.

The article focuses on Carlos De Oliveira, a former Mar-a-Lago employee, who has been indicted for allegedly conspiring with Donald Trump and a personal aide to obstruct the government's efforts to retrieve national security documents. It highlights the pattern of Trump's leverage and loyalty towards subordinates, often offering them lifelines in exchange for obligations, resulting in potential legal jeopardy for some.

The article argues that funds stored in the digital payment apps like Venmo, Cash App and Apple Cash are not protected as they are not backed by the U.S. Federal Deposit Insurance Corp. (FDIC).

The article focuses on Twitter's decision to remove verification check marks from the profiles of celebrities, politicians, and journalists unless they pay a monthly fee, reflecting changes implemented by Elon Musk since acquiring the company.

Reports on the European Court of Justice ruling citing the illegality of a French law banning banks from offering interest-bearing checking accounts. Violations by the French law of rules that guarantee companies the right to do business anywhere in the European Union; Finance policies in France; Details about the case filed by CaixaBank France.

The article reports on the growing adoption of mobile application (app) from financial technology (fintech) firms like Monzo by consumers who want efficiency and dependability in their transactions. Also cited are the checking accounts and automated teller machine (ATM) cards offered by fintechs in Great Britain, the slow adoption of the technology in the U.S., and the comment of Monzo's Tom Blomfield on their efforts to compete against traditional lenders.

The article offers information on topics related to the right time for teenagers to have a debit card including the prepaid debit card management, the guidelines for spending account for teenagers, and the financial management for teenagers.

The article focuses on the changes to overdraft protection service in checking account for chase credit card or a line of credit which will take effect on August 20, 2016.

The article reports on special debit cards and checking accounts being offered by financial services companies in the U.S.

The article reports on the partnership of Walmart Stores Inc. with prepaid payment cards issuer Green Dot to supply GoBank checking accounts nationwide.

The article presents an analysis of the amounts paid by less well-off customers to a basic checking account, citing the examination conducted by consumer finance information WalletHub of the annual fees on a checking account for a customer who overdraws.

The article reports on the report from the U.S. Consumer Financial Protection Bureau which indicates that the overdraft penalties represent well over half of the fees of banks from consumer checking accounts.

The article reports on the findings by consumer financial services website Bankrate.com that almost three-quarters of the largest credit unions and 39% of banks in the U.S. still provide no-strings-attached and stand-alone free checking accounts respectively.

The article reports on the need for regulators in New York to clamp down on the actions of internet lenders in withdrawing payments from borrowers' checking accounts.

The article reports on a national debate regarding the need to monitor the spending habit of Ohio State University in college sports. It mentions that as part of the school's compliance makeover, the school is encouraging athletes to open checking accounts, set budgets, and set up direct deposit. According to the university's athletic director, Gene Smith, the compliance helps athletes to become managers of their own assets and become an opportunity to solve financial problems.

Even as we all pay greater attention to bank overdraft policies, some types of overdraft fees actually have increased, according to a new analysis from an arm of the Pew Charitable Trusts. Pew's Safe Checking in the Electronic Age project recently updated a study it published last year, in which it analyzed disclosures and fees for checking accounts at the nation's largest banks. The new report added two new banks and added an analysis of 12 big credit unions (we'll look at how credit unions fared in a separate post). [ABSTRACT FROM PUBLISHER]

Prepaid debit cards are becoming increasingly common, and more traditional banks have begun offering them. But the cards, which offer convenience to customers who may not be able to qualify for a traditional checking account, also carry fees that can be significant. On Wednesday, in fact, the Consumer Financial Protection Bureau is proposing a rule that would require issuers to disclose the fees that come with prepaid debit cards. Until now, those cards escaped the regulations passed in the wake of the financial crisis affecting credit card and checking account fees. [ABSTRACT FROM PUBLISHER]

Although banks are now required to have customers actively ''opt in'' to receive overdraft coverage of debit card purchases and A.T.M. withdrawals, many consumers are unsure whether they have agreed to such coverage, according to a new report from an arm of the Pew Charitable Trusts. Ninety percent of Americans have a checking account, making it the most widely used financial-services product. But many accountholders are confused about how bank overdraft policies work, the report found. [ABSTRACT FROM AUTHOR]

Another 2 percent rebate in the card business has bitten the dust. I was equally delighted and skeptical when PerkStreet Financial began offering many of its consumers access to a checking account that earned a flat 2 percent back on all the debit card transactions that they signed for. [ABSTRACT FROM PUBLISHER]

You haven't been able to turn around in recent months without hearing about one or another bank adding fees to its checking accounts or making new rules for people who want to keep their free checking. Just 45 percent of checking accounts that don't earn interest are free, according to the latest Bankrate.comsurvey of the largest institutions in each big city. That's down from 65 percent in 2010 and 76 percent the year before. [ABSTRACT FROM AUTHOR]

ING Direct USA account holders are reacting to the sale of the online bank about as well as they would if Capital One's famous television barbarians had battered down the doors of their homes. Social media sites, including ING Direct's own Facebook page, and banking blogs have erupted with customer antipathy for the deal, which was announced last week. A sale was required by European regulators as a condition of financial assistance given to ING's Dutch parent bank during the banking crisis. ING Direct, headquartered in Wilmington, Del., offers savings accounts, checking accounts, mortgages and brokerage services to 7.7 million customers. [ABSTRACT FROM AUTHOR]

The Consumer Financial Protection Bureau, created by Congress last year as part of financial reform, has broad authority to ban unfair or abusive practices in financial products and services. Protecting checking account holders from unreasonable fees and other costly traps should be one of the agency's first priorities when it opens for business in July. At a minimum, it should apply the same sensible protections won by long-abused credit card users in the Credit Card Act of 2009. [ABSTRACT FROM PUBLISHER]

Many of us have at least part of our financial lives on autopilot. Maybe Netflix and your gym automatically bill your credit card each month. Or perhaps you've authorized your credit cards and cable company to pull money directly from your checking account. It all runs like a well-oiled machine, until you've canceled your gym membership or another service -- and the biller won't stop deducting money, long after you've asked it to stop. [ABSTRACT FROM AUTHOR]

The substantial drop in credit card debt in the United States since early 2009 has been widely attributed to newly frugal consumers. But analysts say that a significant portion of the decline is actually the result of financial institutions writing off billions of dollars in credit card debt as losses. While consumers have done their part by shying away from exceeding new credit limits and turning increasingly to debit cards, the question is to what extent are consumers voluntarily reducing their balances, and to what extent are banks making the decision for them. [ABSTRACT FROM PUBLISHER]

Banks want many of us to start paying monthly fees again for our checking accounts. So why won't they give us something worth paying for? In the last couple of months, Bank of America and Citibank have tweakedtheir checking account lineups in ways that will probably result in many customers paying monthly fees for the first time or having higher ones than before. [ABSTRACT FROM PUBLISHER]

I check my checking and credit card account statements nearly every day to make sure there are no fraudulent charges. For me, no amount is too small to fight -- whether it's the $300 in fraudulent debit card charges I noticed last month or more recently, a $10.95 ''travel center'' charge I realized I mistakenly made. But while my wrong charge threshold is pretty low, it seems that everyone has a different level they think is worth fighting for, after taking into account the time spent checking the account, waiting on the phone with customer service and the stress from the whole process. [ABSTRACT FROM PUBLISHER]

After eight months without work, Cathy Willburn spotted a classified ad last June offering a full-time job operating a forklift in a warehouse for $14 to $19 an hour, with benefits. Ms. Willburn, 47, of Grandview, Tex., had done similar work, so she called the toll-free number and was told to send in her resume, along with her checking account number to cover a one-time fee of $89. Later, she was told that the account's funds were insufficient, so she sent a check for $89. [ABSTRACT FROM PUBLISHER]

Every day, millions of Americans stand at store checkout counters and make a seemingly random decision: after swiping their debit card, they choose whether to punch in a code, or to sign their name. It is a pointless distinction to most consumers, since the price is the same either way. But behind the scenes, billions of dollars are at stake. [ABSTRACT FROM PUBLISHER]

New York is about to achieve a dubious milestone: For the first time in history, the state's main bank account is poised to end the year in the red. After months of plunging revenues and weeks of budget battles, New York had a negative balance of $174 million in its general fund on Wednesday, with nearly $1 billion in bills owed by day's end. Every sign pointed to the account's still being in the hole when 2010 begins. To fill the gap, New York will be forced to rely on its own version of overdraft protection by raiding its short-term investment pool -- a kind of statewide checking account. But that account itself is dangerously low, with only about $800 million on hand, compared with a balance in more flush years of as much as $16 billion. [ABSTRACT FROM PUBLISHER]

Many consumers don't realize their bank may automatically let a debit card transaction go through even if there is not enough money in the checking account. A fee then accompanies the purchase, no matter how small, that exceeds your balance. Here's how to avoid needing that service. [ABSTRACT FROM PUBLISHER]

MY wife likes to anticipate things going awry. When she signed an auto lease agreement three years ago, she authorized the leasing company to pull its monthly payments directly from our checking account. But once the final payment had gone out, she gave me an assignment: cancel the automatic payment authorization with our bank. She was concerned that the payments would continue. A world-class worrier! [ABSTRACT FROM PUBLISHER]

H. Averett Walker used hot money to turn Security Bank from a sleepy Southern lender into a regional powerhouse. Darrell D. Pittard used hot money to jump-start his brand-new MagnetBank, allowing it to lend hundreds of millions of dollars even though it did not have a single drive-up window or even a customer with a checking account. It is a formula being replicated at banks across the United States. [ABSTRACT FROM PUBLISHER]

MasterCard, the credit and debit card processor, said Thursday it expected double-digit revenue growth for 2008, and raised its long-term profit outlook. The forecasts helped push the company's stock up 7.7 percent, to $309 a share. MasterCard said it expected average annual net income growth of 20 percent to 30 percent in 2009, 2010, and 2011, compared with its prior estimates of 15 percent to 20 percent, as it benefits from the growing use of credit and debit cards around the world. [ABSTRACT FROM PUBLISHER]

The article presents information on banking services provided by online stockbrokers. The services include, check-writing, online bill payment, and ATM cards. Bank of America Corp. has announced that its customers with at least $25,000 in their bank accounts can trade stocks free on the company's brokerage Web site. It is stated that online brokers including E*Trade Financial Corp. and Charles Schwab have sharply raised their interest rates on checking accounts.

The article reports on an announcement made by Bank of America Corp. regarding its plan to offer free online stock trades to customers. Customers in New York, Boston and other cities in the Northeast would be provided 30 free trades a month provided they maintain the minimum balance in any combination of bank accounts. The cost of free trades would be recovered by Bank of America by persuading customers to sign up for mortgages and checking accounts.

Reports on a federal law that will allow banks to process checks electronically and may eliminate the delay between writing a check having the money debited from an account. Shortening or eliminating the float time for personal checks; Practice of making digital images of checks and then shredding the originals; Controversy surrounding the Check Clearing for the 21st Century Act.

Reports that the U.S. Federal Reserve said that banks could continue controversial programs that consumer groups say function as high-cost loans used mainly by poor and middle-income people. How the programs enable and sometimes encourage customers with low balances to overdraw their checking accounts, allowing banks to bypass credit laws and collect billions of dollars in fees; Why the Federal Reserve's stance comes as a defeat for consumer protection groups, which have campaigned against the programs; How the programs work; Views of bankers and consultants; Why the move to encourage overdrafts is a shift for the banking industry.

Reports that Washington Mutual signed up thousands of customers for its free checking accounts.

Offers views on the loopholes of joint checking accounts, especially in the context of marriage, in the U.S.

Examines how some banks in the U.S. are encouraging customers with low balances to overdraw their checking accounts, allowing the banks to avoid credit laws and collect billions of dollars in new fees. Observation that fees are paid disproportionately by low- and moderate-income people; Why the programs are a bad deal for consumers and amount to high-interest loans; How the move to encourage overdrafts is a major shift; Scrutiny by the Federal Reserve; How the programs work.

Reports that Argentina's government lifted a freeze on most bank accounts. Unrestricted access to savings and checking accounts for the first time in a year; Reasons why the freeze was imposed; Observation that deposits are worth less due to the falling peso; Comments of depositors; Hopes of President Eduardo Duhalde and his economic advisers that the action will lead to more spending and boost the economy; Concerns of analysts; Steps that the government has taken in hopes of obtaining loans from the International Monetary Fund.

Focuses on U.S. banks that are aggressively promoting free checking accounts. How many who open these accounts often end up paying more in other charges; Ways in which banks make money from free-checking customers; Profits in the banking industry; Why some customers have cancelled their accounts; Example of Charter One, an Ohio bank that offers a free debit card; Fees that banks charge; Promotions by Commerce Bancorp and Washington Mutual in New York City.

Highlights a survey issued by Jose Maldonado, which indicates that some bank customers pay more than $200 a year for basic checking services. Reference to Citibank increasing minimum balance by 200 percent; Comments from Senator Nellie Santiago, Democrat on the State Senate Banks Committee.

Reports on the rule passed by the New York State Banking Board that mandates low-cost checking accounts. Features of the rule; Effects of the regulation; List of other states that require similar regulations.

Advises customers on how to get more service for less money on their basic checking accounts. New requirements at Chemical Bank as of May 2, 1994, that double the minimum balance required for free checking; Survey by United States Public Interest Research Group which found New York the third most expensive of 22 states for a selection of consumer banking charges. (Related article on page 11: Banks of New York: What they offer, what it costs.)