My philosophy on banking is very simple: you shouldn't have to pay money to access your money. That's why I get a bit annoyed (OK, a lot) when I see aggressive marketing campaigns for ...

Caught up in the debate over the financial services reform bill now awaiting a Senate vote, the hip-hop-mogul-turned-banking-executive is on the defensive over media reports that he lobbied lawmakers ...

Last October, thousands of unbanked consumers who rely on prepaid RushCards were unable to access their funds because of a technical glitch. After toying with the idea of creating a compensation fund ...

According to data from the Federal Deposit Insurance Corporation, 17 million Americans are “unbanked”—they are without bank accounts—while 58 million are “underbanked,” meaning they lack access to ...

Two months after Wal-Mart Stores Inc. slashed fees on its prepaid cards, a high-profile competitor is rethinking its notably expensive product line. It likely will not be the last. Russell Simmons, ...

Tanya Reasonover lost her phone service. And her cable service. She couldn’t buy groceries and had to cancel her daughter’s birthday party. The 48-year-old Detroiter wasn’t broke — in fact, she’d just ...