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by Jane Susskind, published

Alan Markow of CAIVN: In a sign that a leverage point between powerful financial institutions and the general public may have been reached, Bank of America recently announced that it was backing off from plans to institute a $5 monthly fee for use of its debit cards.  Debit cards not only provide consumers with access to ATM machines, but also allow them to shop cash-free without checks or credit cards.

Read more at CAIVN

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