Simple: A New Bank for the Online Set by Bruce Watson Apr 12th 2013 5:00AM For customers sick of dealing with bank fees and surcharges, a new company called Simple is offering an interesting solution: all-online banking.
Mortgage Insurers Funneled Kickbacks to Lenders, Alleges CFPB by Molly McCluskey Apr 5th 2013 5:20PM On Thursday, the Consumer Financial Protection Bureau filed complaints against four mortgage insurers who the CFPB claimed had paid millions in kickbacks to mortgage lenders.
Bank of America Puts Human Tellers Inside ATMs by Matt Brownell Apr 4th 2013 1:00PM Bank of America will start rolling out a new generation of ATMs that allow customers to have a live video chat with a remote teller.
Could the U.S. Do Like Cyprus and Seize Bank Deposits? by John Grgurich Apr 3rd 2013 4:30PM Cyprus' attempt to raid insured bank accounts has left a bad taste in the mouths of people around the world, and led some to ask: Could it ever happen here in America?
Cyprus' President Urges Cypriots to 'Share the Burden' by The Associated Press Mar 29th 2013 8:40AM Cyprus' president called on the country to "share the burden" of solving its financial crisis Friday as banks opened for normal business for the second day.
As Cyprus' Woes Deepen, Interest in Bitcoin Soars by David Schepp Mar 28th 2013 3:23PM While Cypriots facing a national banking crisis are eager to get their hands on cold, hard cash, some European investors are betting on the virtual currency known as bitcoin.
Banks Reopen in Cyprus for First Time in Nearly 2 Weeks by The Associated Press Mar 28th 2013 6:20AM Banks in Cyprus opened their doors on Thursday for the first time in almost two weeks, with tight controls on transactions to prevent a run on deposits.
Cyprus to Impose Limits on Bank Withdrawals, Boost Security by The Associated Press Mar 27th 2013 11:08AM Cyprus will impose limits on money transfers and dispatch extra security guards to prepare for Thursday's reopening of the banks, which have been shut for almost two weeks.
