5 banking predictions for 2015: Card security, savings rates and more

first_imgby: Simon ZhenThe start of the new year means we’re once again anticipating new banking trends. In 2015, we believe we’ll see enhancements and upgrades to our existing financial accounts so that our ability to grow, protect and manage our money, experiences significant improvements.Last year, we were accurate with 4 out of our 5 banking predictions and we’re looking to improve our success rate in 2015. Here are MyBankTracker’s 2015 banking predictions:Prediction #1: Breaches taken more seriously by banksThere’s no doubt that payment card breaches took the spotlight in 2014 — millions of consumer debit and credit card accounts were compromised. Month after month, another retailer would reveal that it was a victim of a data breach that jeopardized customer information. We wouldn’t be surprised if you had an account or two affected by these breaches.So far, many affected retailers have offered free credit protection plans to affected consumers for just one year. Meanwhile, banks and credit card issuers have fronted the costs of these data breaches. For instance, it costs money to reissue new cards and provide refunds on unauthorized purchases.In 2015, it is already certain that credit cards in the U.S. will start to see widespread use of EMV-chip credit cards to improve card security. Bearing the initials for Europay, MasterCard and Visa, the chip secures digital payment information whenever you use your credit card for a purchase. Major card payment companies (i.e., American Express, Discover, MasterCard and Visa) are requiring stores and card issuers to offer them by October 2015. continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Primary schools need counsellors, says head

first_imgStuff.co 18 July 2013Counsellors are needed in primary schools to help teachers deal with children being prescribed anti-depressants and threatening self-harm,  experts say.A Masterton primary school principal said teachers were not qualified to deal with pupils’ suicidal thoughts and having a trained counsellor on site daily, as is the case in secondary schools, would improve pupils’ self-worth and lead to fewer   exclusions.Most pupils who were stood down and excluded from primary school had serious behavioural problems, Lakeview principal Ed Hodgkinson said.“The longer you leave a child without support the more ingrained feelings of [low] self-worth become, which makes it harder to support that child further down the track.“A social worker is based at Lakeview School but is contracted to do other work in the community.“If we had someone with counselling skills here every day, it would be very beneficial for the children.”http://www.stuff.co.nz/national/education/8932236/Primary-schools-need-counsellors-says-headlast_img read more