Celebrity Prepaid Debit Card Smackdown 2013

Nobody would argue that hip-hop impresario Russell Simmons is anything but cool. After all, the guy was one of the forces behind Def Jam, the record label that brought us the Beastie Boys and LL Cool J. These days, Simmons is a business magnate whose net worth is estimated to be north of $300 million.… Continue reading Celebrity Prepaid Debit Card Smackdown 2013

Best Prepaid Debit Cards.com Launches New Infographics Section

Best Prepaid Debit Cards.com recently launched a new infographics section in their Resources & Learning Center category. Our hand-selected or custom-designed infographics are an interesting, educational and entertaining way to pass along consumer personal finance information. We started the section with the first post about the Prepaid Debit Card Market in the U.S. Our first… Continue reading Best Prepaid Debit Cards.com Launches New Infographics Section

Magic Johnson Stands Up To Cancer With A Prepaid Card

Former Los Angeles Lakers great Magic Johnson seems to be just about everywhere these days.If you happen to be a fan of NBA basketball, you no doubt have watched and listened to Johnson provide expert commentary during games televised by ESPN and ABC. And even if you prefer the diamond to the basketball court, you… Continue reading Magic Johnson Stands Up To Cancer With A Prepaid Card

American Express Joins Forces With Video Game Maker

American Express announced a partnership with the developer of League of Legends, Riot Games, to release a line of prepaid debit cards geared specifically towards the game’s many devoted fans. According to a report in The New York Times, the collaboration is a way for American Express to capture the much- coveted attention of the mostly male, 18 to 24-year-old players while providing Riot Games with the kind of financial resources it needs to expand.

Retailers Celebrate Swipe Fee Ruling – Federal Reserve Caps Swipe Fees

According to a report in Bloomberg, U.S. District Judge Richard Leon in Washington ruled on July 31 that the Federal Reserve considered information it shouldn’t have in arriving at its cap of 21 cents. Additionally, Bloomberg reporter Tom Schoenberg writes that Leon’s ruling determined that the Fed did not sufficiently foster competition among the card networks that levy the fees. “The board’s final rule not only fails to carry out Congress’s intention; it effectively countermands it!” wrote Leon in his ruling.

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