Good reading for May 10th:
- In-your-face financial authentication | CNET News.com – c|net’s News.com comments on the more aggressive authentication systems in use by banks these days, and asks whether they accomplish anything at all.
- Correcting your money mistakes | Reuters – Yet another fantastic post from Linda Stern of Reuters. I think her articles are consistently the most straight-forward and helpful personal finance publications in the U.S.
- Payments News: A Customer’s Look at How Banks Maximize Overdraft Fees – Payments News picked up the story of Wesabe user haberschmidt’s post about Wachovia and overdraft charges. Good! Let’s hope some people at Wachovia — and other banks — read it.
- Five Sneaky Bank Fees | SmartMoney.com – If you’re fighting against bank fees, here’s the other team’s playbook.
- Debit-card ‘holds’ spur complaints – Good cautions about using debit cards, which can lock up funds in your account for days while the charge is processed.
- Smile, You’re on Criminal Camera – Security Fix – Check out this picture of an ATM machine rigged to steal card numbers. Yikes. This is yet another good reason to check your bank statements often…