By PAUL WENSKE

The Kansas City Star
Should your bank warn you of potential overdrafts when you use an ATM or debit card?
Congress is considering a bill, HR 946, that would require banks to give consumers a chance to back out of transactions that might cause them to overdraw on their checking accounts.
The bill is sponsored by […]

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With Key Deadlines Looming, Companies Embrace Risk Mitigation in PCI DSS Compliance Efforts
Research Reveals Protecting Credit Card Data has Become a High Priority for Businesses; Significant Challenges Still Exist, and Vary By Geographic Region, Industry
BEDFORD, Mass. — With initial deadlines for industry compliance set for September 30th, RSA, The Security Division of EMC (NYSE: EMC), […]

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By Kathy Chu, USA TODAY
Citi (C), the nation’s largest bank, is issuing 3.5 million credit cards to department store customers who didn’t request them — a step that consumer groups say raises privacy concerns and could expose consumers to identity theft.
This month, Citi is sending general-purpose MasterCards to Macy’s (M) customers with credit card accounts […]

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Surcharge rate goes up to $1.74 average; records also reached for bounced checks, interesting-bearing checking balance.
September 26 2007: 1:14 PM EDT
NEW YORK (CNNMoney.com) — ATM surcharges and several other bank fees climbed to record levels over the past year, according to the latest survey from Bankrate.
The firm’s fall 2007 Checking Study found the average ATM […]

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