- Prepaid Debit Cards and Internet Gambling
Like it or not, one of the popular uses for prepaid debit cards in the United States is to transfer funds to and from offshore Internet gambling sites. Those transfers may be coming to an end, as the date of enforcement of Federal Regulations prohibiting the transfer of funds to illegal Internet gaming sites went into force on June 1, 2010.
- American Express Buys Revolution Money
American Express (NYSE: AXP) today announced that they are acquiring Revolution Money, the financial services company founded by Steve Case in 2007. The acquisition is a move by American Express to expand its line of prepaid products. The deal is expected to close in the First Quarter of 2010.
- 15 Must Read Prepaid Debit Card Research Reports
Thanks to the recent IPO of Green Dot Corp. (NYSE: GDOT) and the tightening of consumer credit, public awareness of prepaid card products has grown. Investors, researchers, and journalists frequently ask GetDebit.com for information about the market. Here are our fifteen favorite research reports to learn more about the prepaid debit card industry.
- Green Dot Earnings Call: A Prepaid Card Tutorial
On August 12, 2010, Green Dot Corporation (NYSE:GDOT) had its first earnings conference call. The conference call, of course, included lots of discussion about Green Dot’s second quarter 2010 earnings and outlook. The call also included some excellent information about the prepaid debit card industry. Analysts, investors and others who are interested in covering or better understanding this relatively new industry should listen to the Green Dot Q2 earnings call.
- Buy A Friend the Prepaid Gift of a Safe Drive Home
During the holiday season, we typically think of buying prepaid cards as gifts for friends and relatives so they can use their gift card at retailers like the GAP, or Amazon.com. But what if you could give the gift of a safe drive home? You can, thanks to the Home Safe Card (and you can also support Mother’s Against Drunk Driving or MADD).