A recent report by Mercator Advisory Group examines the vulnerability of prepaid debit cards to criminals, by Chris Warren Prepaid debit cards make it into the news a lot these days. A lot of the time stories are focused on the maneuvering of large financial services companies like Chase and American Express and the various… Continue reading Prepaid Card Fraud Controllable
Month: November 2013
Prepaid Debit Card Fees Lower Than Checking Account Charges
A recent report by Bretton Woods, Inc. shows that most consumers using prepaid debit cards to manage finances do so for less than $7.50 per month. by Chris Warren It has long been an assumption that users of prepaid debit cards turn to them as something of a last resort. But a recent report entitled,… Continue reading Prepaid Debit Card Fees Lower Than Checking Account Charges
Girl Scouts Embrace Prepaid Cards
A Girl Scouts chapter strikes a deal with prepaid card company, SpendSmart Payments. by Chris Warren Thin Mints, Samoas, Tagalongs and Lemonades are definitely not financial terms. Yet the truth is that, aside from fundraising, one of the main reasons Girl Scouts from across the country sell these and other varieties of cookies is to… Continue reading Girl Scouts Embrace Prepaid Cards
The Occupy Card Moves Ahead
The Occupy Money Cooperative needs to raise $900,000 to make its card a reality. by Chris Warren The Occupy Wall Street Movement’s first steps into the financial services industry have not been particularly smooth. The announcement this past summer that the Occupy Money Cooperative, an offshoot of the anti-status quo coalition that grabbed the world’s… Continue reading The Occupy Card Moves Ahead
Hispanic Consumers Propel Prepaid Card Growth
Hispanic consumers account for a growing segment of prepaid debit card users. by Lucy Lazarony Hispanic consumers have embraced prepaid debit cards. According to an August 2012 research study, “Consumer Payments in the U.S.: The Latino Market” by Packaged Facts: There are 4.6 million Latinos who used a prepaid debit card in the last 12… Continue reading Hispanic Consumers Propel Prepaid Card Growth
Experian Snags Award
Credit bureau Experian recognized for efforts to promote financial literacy by Shane Tripcony One of the first lessons people interested in becoming savvy with their personal finances learn is to keep a close eye on their credit scores. In a nutshell, credit scores are a number meant to represent just how well someone pays their… Continue reading Experian Snags Award