Sat.Mar 31, 2012 - Fri.Apr 06, 2012

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Debit card usage influenced by the news.

Money and Payments

'Today, the Dutch central bank published a report that debit-card usage is affected by news articles on fraud. On average, the number of daily debit card payments drops by a little over 2% on days that newspapers report on POS terminal fraud and by some 3% when skimming at ATMs is in the news. The news has the largest impact when it makes the headlines.

Cards 28
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Guest Post: First Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

'The Fed Goes Too Far First, let me say, we owe the Federal Reserve our gratitude. Their actions to ease in many ways during and after the financial crisis averted financial meltdown and produced results in an economy that is regaining its footing, albeit at a “frustratingly slow” pace. The Fed lowered the Fed Funds rate to 0%, where it has stood for over three years.