Word: debit
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Dates: during 2000-2009
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Last Thursday, the Federal Reserve approved a host of new regulations intended to eliminate the unfair practice of unannounced debit and ATM card overcharge fees. This decision, slated to take effect next summer, is a long overdue measure that will undoubtedly protect customers—many of whom are college students—who would be otherwise unaware of fine-print loan policies...
...bottom line is most people don’t know what the difference between a debit and a credit card is,” said von Tobel, adding that most students at Harvard will graduate without ever having taken a class in personal finance...
...paid the same low credit- and debit-card swipe fees as consumers in Australia pay, then the net benefit for American consumers would have totaled $125 billion over the last four years," the report says...
...Charged with hacking into retail and card-processing computers to steal 130 million credit- and debit-card numbers from 2006 to 2008. The compromised companies include Heartland Payment Systems, 7-Eleven, two unnamed national retailers and Hannaford Brothers, a regional supermarket chain...
...Gonzales had previously been indicted - once in May 2008 and again in August of the same year - for allegedly stealing the info of 40 million credit and debit cards from companies including OfficeMax, TJ Maxx, Boston Market, Barnes & Noble, Sports Authority, Forever 21, DSW and Dave & Buster...