The New York Attorney General, Eric Schneiderman, has brought suit against several big banks accusing them of deceit and fraud in how they used a mortgage electronic registration system, or MERS. Schneiderman says the banks' actions put homeowners at a disadvantage during the foreclosure process.

Asset Acceptance, one of the largest consumer debt buyers in the U.S., will pay a $2.5 million civil penalty to settle Federal Trade Commission charges that it made a range of misrepresentations in attempts to collect old debts.

Bank of America poses "a grave threat to U.S. financial stability," according to watchdog group Public Citizen, which has called for the bank to be broken up.

We've already seen credit cards that generate unique, random security codes every time a card user makes a purchase, so that it would require the buyer to have the physical card on them in order to buy something. But here's a card that wants the ID thief to think he's more clever than he is.

Suze Orman, the personal finance author and CNBC television host, today announced the launch of a prepaid debit card that she is not just endorsing, but actually responsible for creating.

It's been nearly six months since President Obama picked former Ohio Attorney General Richard Cordray as his nominee to head the recently created Consumer Financial Protection Bureau. But with Senate Republicans continuing to block a vote on Cordray's appointment, the President has decided to go ahead and use his authority to fill the position by making a recess appointment.

Citi has launched an app that lets its customers share points with their friends on Facebook if they too are ThankYou Rewards members, allowing groups of people to pool their points toward a shared purchase or goal.

Banks will continue to experiment with fee increases in the New Year, according to our own analysis and industry experts, as they attempt to make up billions in lost revenue due to the bad economy and new regulations.

The company, Free ATMs NYC, plans to roll out several thousand ATMs that have no fees and are not tied to any one bank across the country by the end of next year. Instead of fees, customers will watch an ad.

Chase and British Airways have introduced a new co-branded credit card embedded with chip technology that will make it easier for U.S. travelers to use.

Banks are either quietly adding new account fees or increasing some that already exist on transactions that are not as high profile as, say, debit-card transactions.

Big banks may have recently scaled back plans for debit card fees, but activists are still encouraging consumers to switch their money to a credit union or smaller bank, and have dubbed this Saturday, Nov. 5, Bank Transfer Day.

The second biggest bank in the U.S., Bank of America, has scrapped plans for a $5 monthly debit card fee, making it the last big bank to step back from plans to implement new fees attached to debit cards.

JP Morgan Chase will not charge its customers a $3 monthly debit card fee after testing the potential fee with bank customers in Wisconsin and Georgia.

Consumers Union, the advocacy arm of Consumer Reports, has sent letters to Bank of America, Chase, Wells Fargo and Sun Trust, calling on them to stop plans to attach fees to debit card purchases.