Dec 09, 2011 – Yesterday Fiserv, Inc. (NASDAQ: FISV) announced on their website an partnership agreement with Sunrise Community Banks to offer General Purpose Reloadabe (GPR) and gift prepaid card processing services for
Posts in Category: debit news
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TCF Suit Turning Into a Focal Point for Fight over Durbin Amendment
The court dispute between TCF National Bank (NYSE: TCB) and the Board of Governors of the Federal Reserve is starting to attract attention from merchants, economists, and other financial services firms. Recently, the court granted eight groups the
Thanks to Five Prepaid Cards Giving Low Fees
There is no doubt that using prepaid debit cards recklessly can result in some costly fees like any financial instrument including credit cards, checking accounts and even home loans. Thousands of people
The Bancorp Bank to Offer Virtual Prepaid Cards
A cutting edge technology developed by Net1 Virtual Credit Card, Inc., a wholly-owned subsidiary of Net1 UEPS Technologies, Inc. (Net1), has a new product in the prepaid industry that offers consumers a “Virtual Payment Card” that can be accessed on
TCF Moves for Injunction to Stop Enforcement of Durbin Amendment
On Thursday, November 4, 2010, TCF Bank filed papers requesting a preliminary injunction preventing enforcement of the Durbin Amendment. The filing is the first substantive action in the suit filed by TCF to block
Testimony In Support of The Overdraft Protection Act of 2009 (H.R. 3904)
Today, the U.S. House of Representatives Committee on Financial Services heard testimony regarding the “Overdraft Protection Act of 2009” (H.R. 3904). Some very interesting testimony was provided by: the Center For Responsible Lending (CRL), the Consumer Federation of America (CFA),
Swap Your Computer Game For a Toys R Us Gift Card
Toys R Us, the giant toy retailer, announced a new program that let’s you trade in your old video game hardware for a Toys R Us gift card. The program starts on November 20, 2009, and includes a wide range
Summary of Pending Consumer Credit Legislation
Congress has been busy with consumer credit legislation in 2009. They’ve been so busy that there are several dozen pieces of legislation dealing with credit or debit cards in various stages in the House and Senate. We thought it
Tango Card Teams with FedEx on Rewards
Tango Card, a Seattle based prepaid card company, recently launched a loyalty and incentive program with FedEx. The program allows FedEx customers to earn rewards for use of FedEx services and products. Once a FedEx customer has earned enough points to redeem for a reward, they can choose to redeem