Technology Slice

NAB Problems Continue

NAB Problems Continue – National Australia Bank has warned customers that incorrect fees and interest charges stemming from last month’s data debacle may not be refunded until the end of January. The bank, which is still repairing accounts affected by a data processing failure late on November 24, confirmed customers will be refunded any losses [...]

Tags: Account Balances, Advertisement, Customer Accounts, Customer Payments, Data Processing, Debacle, Disaster, External Provider, Failure, Interest Charges, Internet Banking, Losses, nab, National Australia Bank, National Bank, Overdraft, Processing System
Posted in General

NAB Refunding Fees

NAB Refunding Fees – National Australia Bank says a mass of customer refunds for late fees has nothing to do with the threat of a $5 billion class action. The potential class action against 12 banks would seek to claw back billions for customers in ”exception fees”, including for late credit card payments or overdrawn [...]

Tags: banks, Billions, Credit Card Payments, game, Knee Jerk Reaction, Late Fees, Lisa Gray, Maurice Blackburn, nab, National Australia Bank, National Bank, Personal Banking
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Riverside National Bank

Riverside National Bank – TD Bank announced on Friday that they were purchasing three insolvent banks of Florida including Riverside National Bank of Florida, by purchasing it with its assets and liabilities. These three insolvent banks were seized by the U.S. regulators. The other two banks were Federal Bank of North Florida and AmericanFirst bank [...]

Tags: Americanfirst, Assets And Liabilities, Banking System, Brevard County, Brevard Florida, Canadian Banks, Canadian Investors, Fdic, Federal Deposit Insurance, Federal Deposit Insurance Corp, Insolvent Banks, Market Share, National Bank, North Florida, Northern States, Riverside Bank, Riverside National Bank Of Florida, Southern States, States Of America, Td Bank
Posted in Money

Open Question: If Target goes bankrupt, what happens to those with Target Credit Cards?

Since Target is their own bank, Target National Bank, what happens to those in debt with Target cards?

When Circuit City went bankrupt, their cards were issued by Chase, so those cardholders still had to make payments after bankruptcy.

What about Target?

Tags: bankruptcy, Cardholders, chase, Circuit City, Credit Cards, National Bank, Open Question, Target Cards
Posted in Money

Open Question: Choosing a bank in Canada? Scotiabank?

I’m currently with scotiabank (Im 20, a student), and my dad is with National Bank, and he was wondering if I want to swtich to NBC.

I don’t know much about banks, but out of Scotiabank and NBC, which one is better?

Tags: Bank Canada, banks, Dad, National Bank, Nbc, Open Question, Scotiabank
Posted in Money