The fate of the Consumer Financial Protection Agency remains uncertain, with its home and powers still not agreed in the Senate negotiations. Barney Frank, who is Chairman of the House Financial Services Committee, has threatened to try to kill any legislation that does not, in his view, have sufficient independence and powers. It is becoming increasingly unclear who will win this slow-motion dogfight. Read More
Prepaid Debit Card News
Is More Regulation in Store for the Prepaid Debit Card Industry?
Monday, March 8th, 2010RushCard Adds 50,000 More Load Locations
Monday, March 8th, 2010
UniRush, LLC, the company behind the RushCard line of prepaid debit cards, today announced that they have joined the Green Dot reload network. The move adds 50,000 more load locations for RushCard prepaid debit card holders. Read More
Prepaid Cards and Wall Street: Green Dot Plans IPO
Friday, February 26th, 2010
The Green Dot Corporation, a leading prepaid debit card and financial services company, filed a registration statement with the SEC today indicating an intent to sell up to 0 million in stock through an initial public offering. Read More
Making Prepaid a “Non Zero Sum Game”
Monday, February 22nd, 2010A “zero sum game” is a game in which the total of all the gains and losses is zero. On Day 1 of Prepaid Expo USA 2010, President Bill Clinton gave a keynote speech titled “Embracing our Common Humanity”. In his presentation, President Clinton urged the prepaid card industry to make prepaid a non zero sum game, by finding a way to run successful and profitable businesses while serving the goals and needs of the community at large. President Clinton presented some of the problems the world faces, and gave six ways the prepaid industry can both thrive, and help address world problems – non zero sum opportunities. Read More



Today, NetSpend Corporation announced that NetSpend cardholders loaded a record $1.04 billion onto their
One of the (many) interesting pieces of information from the filing announcing 