#banking

49 posts · Last used 14d

Australians will no longer be hit with card surcharges from 1 October. What will the ban mean for you? By Catie McLeod Consumer affairs reporter Fees on Visa, Mastercard, and Eftpos payments will be banned – but what does it mean for retailers, rewards programs and consumers? https://www.theguardian.com/australia-news/2026/sep/21/australians-will-no-longer-be-hit-with-card-surcharges-from-1-october-what-will-the-ban-mean-for-you #Business #Creditcardfees #Banking #Bankcharges #Australianeconomy #Australianews #ReserveBankofAustralia #TheGuardian #CatieMcLeodConsumeraffairsreporter
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Yesterday, I helped my elderly parents with their banking, setting up a joint account. "Something went wrong" Tried the online chat. "Something went wrong" Apparently, she had an account with the institution a quarter century ago. We had to fix that account before the system would let us create a joint account. Find the account, update the phone number, reset the password, change the username because the existing one isn't compatible with their current security. After all that whole rigamarole, THEN we're able to start the process of creating the joint account. Dad kept putting his phone away. "Dad, keep your phone out. We're going to need it. A lot." After, I think five MFA requests, we got it done. #banking #finance #security #rigamarole 1/2
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Fed officials mishandled sensitive information: Watchdog report The Fed's Office of Inspector General, or OIG, released a 40-page report on Thursday detailing the shortcomings of the central bank's efforts to prevent employees and officials from disclosing proprietary information and analysis. https://www.americanbanker.com/news/fed-officials-mishandled-sensitive-information-watchdog-report #FinTech #FinServ #Banking
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Bank of England to stop accepting bonds linked to coal for key loans By Kalyeena Makortoff Banking correspondent Campaigners hope move will force commercial banks to rethink holding assets linked to the fossil fuel https://www.theguardian.com/business/2026/jul/19/bank-of-england-bonds-coal-loans-assets #BankofEngland #Energyindustry #Banking #Business #Coal #Energy #Environment #UKnews #Fossilfuels #TheGuardian #KalyeenaMakortoffBankingcorrespondent
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