Their findings in "Why Americans Use Prepaid Cards" come from telephone surveys that Pew conducted over the course of last year. They presented
You are here
I like the proposal put forward by research staff at the US Postal Service to get back into banking. I think it could help to bring more access to financial services to lower-income communities. But it
Recognizing that more and more people are turning to prepaid debit cards as their primary means of payment, Senator Mark Warner (D-VA) has put forth a new bill that would mandate a new system of disclosures.
The Prepaid Card Disclosure Act of 2014 covers FDIC-insured general-purpose reloadable prepaid cards that can
For those waiting on the CFPB for its now-delayed rulemaking on prepaid cards, the departure of the lead executive in Cards puts a provocative energy into the vacuum of policy related to the products.
A new agreement between Green Dot, MasterCard, and Wal-Mart means that more people will soon be able to add cash to their prepaid cards when they check out at a register. Rapid Reload, where a person adds cash without buying
Pennsylvania's Department of Banking and Securities says that General Payment Systems, formerly known as Continental Prison Systems, has been offering its products without a money transmitter license. As such, the
Yesterday's earnings announcement from Green Dot evidenced a product that remains resilient to any of the forces cited recently by its critics. Green Dot beat forecasts on EPS, but the strongest proof
Imagine a system where the regulation of financial products turns not on their ability to comply with a pre-set standard but is instead framed by empiricism.
The goal of regulation is to make sure that institutions comply with the law. That is a good thing. It is also
Customers taking less than maximum pawn advance at Cash America: Cash America told investors that there is a new phenomenon taking place out in its pawn shops. More and more often, customers are turning down a
According to a filing released this evening, H&R Block terminated its agreement with Republic Bank of Kentucky. As a result, H&R Block Bank will not be sold to Republic. Financial products sold in Block stores will remain in-house.