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BOA’s Backtrack on Debit Card Fees Shows Power of Social Media

Business & Finance / Marketing : BulletProof Blog

Bank of America’s recent decision to abort plans to attach a five dollar monthly fee to debit card usage is a prime example of the ways consumers now harness the power of social media to pressure even the most powerful corporate ins...

YC Alum GoCardless Raises Another $7M, Aims To Be The Stripe Of Direct Debit Payments

Technology : TechCrunch: Enterprise

GoCardless, a Y-Combinator alum that has created a simple way for online businesses to set up and accept direct debit payments (that is, money that comes straight out of your bank account), is today announcing a $7 million Series B ...

ShredMyCard Program Provides $105 Incentive to Move DDA to Credit Union

Business & Finance : Payments News

Co-op Services Credit Union has announced that it is challenging people to shred their bank debit cards in protest of new debit card usage fees. Co-op Services' "Shred My Card" program gives people the opportunity to take their bank...

Banks Still Raising Under-the-Radar Fees

Business & Finance : Business from Newser

You may want to stop celebrating over Bank of America’s scrapped $5 debit card fee, because the bank has been quietly adding or increasing other fees to make up for it. Think $5 to replace your debit card, or $12 per month for a bas...

Big Banks Decide Against Debit Card Fees

Business & Finance : Business from Newser

It looks like many of the big banks are backing down from threats to raise debit card fees, reports the Wall Street Journal. After Bank of America was pounded over its decision to slap debit card users with a $5 monthly fee, JP Morg...


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