Archive for October, 2011

Tenn. legislators float idea that lower prizes will bring in more money

Some Tennessee legislators are eying a reduction in prize payouts for Tennessee lottery players while letting them buy tickets with debit or credit cards.

Legislators eye lower lottery prize money, easier ticket purchases

NASHVILLE Some Tennessee legislators are eying a reduction in prize payouts for Tennessee lottery players while letting them buy tickets with debit or credit cards.

Major Banks Reconsider Debit Card Fees

Bank of America will keep the $5-a-month fee for debit card use that’s scheduled to start early next year, while other banks, like J.P. Morgan Chase and Wells Fargo, announced Friday that they are shying away from the fees.

Chase, Wells Fargo drop debit fees

Chase and Wells Fargo are joining the list of banks that won’t be charging customers to use their debit cards, as the backlash over Bank of America’s planned $5 monthly fee continues.

Daphne police searching 2 men who fraudulently used credit cards

Daphne police are searching for the two men who are believed to have taken a wallet from the Daphne YMCA and used to the credit cards to make more than $11,000 in purchases, officials said.

CanNor to implement audit recommendations

The federal government says it will implement all the recommendations of an audit on its northern development agency after the review found CanNor was regularly breaking the law when it comes to contracts, travel and financial management.

Visa expects growth in Q4

Card processor to face low-cost competition laws. 26 Oct 2011 12:51 PM

FCC unveils tool to help small businesses plan for cyberattack

IDG News Service – With hackers increasingly setting their sights on small businesses, the U.S. Federal Communications Commission said Monday it will provide an online tool to help those businesses develop a cybersecurity strategy.

Some seeing red over debit-card user fee

The recent announcement that Bank of America will begin charging debit-card holders $5 a month for using their cards has left some seeing red and others rethinking whether they should stay with their bank.

Layaway plans more popular than ever

Layaway is becoming increasingly popular with stores and consumers, despite fees and often confusing rules.