Prepaid Debit Card News

Keep up to date on the latest and greatest in the world of prepaid debit cards with our prepaid debit card news. Check out our Debit News Archives to read our older news.

Is More Regulation in Store for the Prepaid Debit Card Industry?

Monday, March 8th, 2010

Prepaid Card RegulationsThe 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

RushCard Adds 50,000 More Load Locations

Monday, March 8th, 2010

RushCard Prepaid DebitUniRush, 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

NetSpend vs. Green Dot — Do Distribution Channels Matter?

Thursday, March 4th, 2010

Netspend Prepaid CardsToday, NetSpend Corporation announced that NetSpend cardholders loaded a record $1.04 billion onto their NetSpend prepaid cards during the month of February 2010. How do those numbers stack up against those recently made public by Green Dot? Do the different distribution channels of the two companies make a difference? Read More

Green Dot’s Bank Holding Company Move

Sunday, February 28th, 2010

Green Dot CorporationOne of the (many) interesting pieces of information from the filing announcing Green Dot’s IPO plans was the announcement of Green Dot’s move to become a bank holding company. We’ve dug up a few more facts about GreenDot’s plan to become a bank holding company. Read More

Prepaid Cards and Wall Street: Green Dot Plans IPO

Friday, February 26th, 2010

Green Dot Files IPOThe 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, 2010

A “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