Jada Brazell's Page

I need to know if I have my facts straight, if I’m reading all this correctly. I believe that there is legislation on the Congressional table, which, if both are passed, would create a government bank that would start out at $10 billion in funds, and would raise red flags on private banks that held the same amount or more, possibly forcing them to downsize.

The government bank would benefit the Clean Energy Deployment Administration. According to… Continue

A blog by Liz Weston confronts this question.

"[Odysseas Papadimitriou] calls Bank of America’s actions a marketing bait and switch, and says if the bank proceeds with its plan to implement annual fees it will in effect be raising the costs on existing balances–something that’s prohibited under the credit card reform act now scheduled to go into effect next year."

Evidently, BofA promised to stop raising interest rates, and in the same breath… Continue

Despite the fact that 7-Eleven charges retail prices to make profit and stay in business, it is attacking credit card companies for doing the same.

The convenience store has pushed millions of consumers to sign a petition to get Congress to regulate interchange fees.

Is there a difference bet… Continue

This is taken directly from ACI Worldwide's "Stopping Card Fraud In Its Tracks" report:

Improve customer service and detection with auto alerting Automated alerting of transactions, for example using SMS or auto dialing, enables the bank to contact customers when a transaction occurs that meets their pre-set parameters; such as then it is over a certain amount or outside their usual spending habits.

The customer receives an alert about the transaction which gives them the opportunity to immedi… Continue