Despite debacle, direct deposit is still the best way to get paid

Computerized transfer of money from bank to bank — nearly as old as this 1960s-era IBM mainframe — makes life much easier except when it doesn’t. That’s what victims of a massive direct deposit snafu found out in recent days. Many are still struggling with their banks to replace two paychecks mistakenly retrieved from their checking accounts. (AP photo) ... Read More