Fast access to your tax refund. Need a faster tax refund? E-filing your return and requesting a tax refund be sent to a prepaid card with direct deposit or a bank account is the fastest way to go, according to the IRS website. The IRS is issuing refunds to taxpayers in as few as 10 days for those who e-file and opt to receive their tax refund by direct deposit.
Author: Curtis Arnold
Target Speeds Move to EMV Cards
In testimony before the Senate Judiciary Committee, Target Chief Financial Officer, John Mulligan, said that one of the company’s responses to the massive data breach that impacted tens of millions of its customers in late 2013 would be to equip all 1,800 of its U.S. stores with card readers able to process EMV card transactions by the beginning of 2015.
U.S. Government Urges Changes To Student Debit Cards
Debit cards and prepaid debit cards available to college students have plenty of room for improvement. That is the overriding conclusion of a recent report issued by the U.S. Government Accountability Office, or GAO, the investigative arm of the U.S. Congress. The GAO opted to scrutinize student debit cards because the number of universities and… Continue reading U.S. Government Urges Changes To Student Debit Cards
For Prepaid Cards, Choose EMV Chip Cards, A Smart Card All Around
By Curtis Arnold Besides the thieves themselves, the main culprit to emerge from the recent heist of personal information from over 100 million Target and Neiman Marcus shoppers isn’t human at all. Rather, the unlikely villain is a decades old piece of technology known simply as the magstripe, or magnetic stripe, that graces the backs… Continue reading For Prepaid Cards, Choose EMV Chip Cards, A Smart Card All Around
Beware The Prepaid Debit Card Trojan Horse
The use of prepaid debit cards for tax refunds hurts the poorest citizens by Curtis Arnold It’s a cliché, but it bears remembering: if something sounds too good to be true, it probably is. And to be sure, the prepaid debit card industry has a long and ongoing legacy of hyperbole, with card issuers saying… Continue reading Beware The Prepaid Debit Card Trojan Horse