• PayPal is Now Offering Banking Service – But Only to a Select Few

    PayPal is Now Offering Banking Service – But Only to a Select Few

    I can’t decide how I feel about this latest move by PayPal.  They have been quietly rolling out basic banking services to some of their U.S customers.  The “basic” banking services include a debit card, the ability to deposit checks and even the possibility of taking out a loan.  There is a part of me…

  • You No Longer Have to Sign A Credit Card Receipt!

    You No Longer Have to Sign A Credit Card Receipt!

    No, this isn’t an April Fools joke.  Although, because it was announced on April 1, one might think that.  A banking change went into effect over the weekend, which now means that you don’t have to sign your credit card receipts anymore.  This is great news.  Starting April 1, the big four credit card companies…

  • Watch Out – Amazon Might Be Getting into the Banking Industry!

    Watch Out – Amazon Might Be Getting into the Banking Industry!

    Amazon is getting involved in a lot of different services areas.  From a diversification perspective, this is good news.  But I wonder if they’re moving too far away from their core service?  Now, I am not trying to say that Jeff Bezos doesn’t know what he’s doing.  I am sure he’s got things handled, but…