Thought you knew how to work a debit card? Think again.

Thought you knew how to work a debit card?  Think again.   Thought you knew how to use a debit card?  We’ll the rules are turning upside down with banks starting to issue the new EMV card technology.   EMV stands for Europay, Mastercard, Visa because the system has been in place for years in Europe.  Good to know the US is finally catching up!     All previous debit cards had something called a magstripe on the back that contained all the card information.  Magstripe…

Money Blindness, Don’t Catch it!

Money Blindness, Don't Catch it   Being a banker, I see a lot of situations about money.  Some of it is sad, but sometimes you can’t help but shake your head in disbelief.  Sometimes I see a customer so invested in a dream or scam, they become money blind to the truth.  This is one of those stories.   One of the various roles I oversee in banking is something called compliance.  Compliance simply means the bank is following federal banking regulations in offering product…

The Jerk, the Prostitute, and ATM

Funny Short Story The Jerk, the Prostitute, and the ATM Being a banker, I see a lot of situations about money.  Some of it is sad, but sometimes they are quite hilarious.  They usually have a lesson to be learned and this one is no exception.   One of many roles that I have occupied is that of bank security.  Bank security is responsible for keeping the bank branches, bank staff, and bank assets all safe.  They oversee the bank security systems, make sure staff…