ConsumerWatch: California Researchers Come Up With Solution For Spam

A team of University of California researchers has found what may be the best solution so far to spam. They are trying to convince U.S. Banks not to process transactions with three overseas banks overwhelmingly favored by spammers.

KPIX 5 | CBS San Francisco–05/26/2011

A consumer uses a debit card (John MacDougall/Getty Images)

ConsumerWatch: Banks Balk At Proposed End Of Debit Fees

Bankers and merchants, pillars of the business world and frequent allies, are embroiled in a bitter lobbying battle over something Americans do 38 billion times a year — swipe their debit cards. Both sides vigorously claim to speak for consumers.

KPIX 5 | CBS San Francisco–03/10/2011