The battle over interchange is heating up in Washington thanks to the last minute adoption of the “Durbin Amendment” to the “Restoring American Financial Stability Act of 2010”. The amendment (also known as the “Swipe Bill” or the “Interchange Amendment”), if enacted in its current form, would
Posts in Category: debit news
Tax Refund Cards: US Treasury Gets Involved
Tax refund cards were very popular during the 2010 tax season. Companies such as H&R Block, Green Dot (NYSE: GDOT) and others enjoyed a substantial lift in prepaid cards issued
Tax Refunds Direct Deposited on Green1040 Prepaid Debit Cards
The use of prepaid debit cards as an effective alternative to paper checks for receiving federal tax refunds is gaining traction as evidenced by the US Treasury’s recent announcement of a pilot prepaid tax card program. As part of this
Savings Account + Prepaid Debit Cards = Great Banking Alternative
Prepaid debit cards just took a giant step closer to replacing traditional bank accounts. MPower Labs and its portfolio company Mango Financial, Inc. today announced that they will be offering a high interest savings account option for holders of the MangoMoney prepaid MasterCard.
Senator Dodd Wants to Expedite the CARD Act
Senator Chris Dodd (D CT) wants to speed up enforcement of the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act (which is set to kick into effect on February 22, 2010). Senator Dodd wants to put some provisions into immediate effect. Read More
Tango Card Comes Up With a Way to Manage Your Prepaid Gift Cards
Prepaid gift cards can be great deals – so long as you are able to spend every penny remaining on your card. Unfortunately, if you have several gift cards, it can be a pain to track your balances. A
Target’s Mood Ring Gift Card Patent
Target Brands, Inc., a subsidiary of Target Corporation, (TGT:NYSE), is at it again, getting another gift card patent. This time, the patent is for a “thermochromic” gift card (the same technology used in
Simply the Best: USAA’s Teen Debit Card
Today’s teenagers are rapidly approaching adulthood and are in need of the financial skills and tools necessary to become an integrated part of the nation’s economy. Prepaid debit card fees have become somewhat of a lightning rod in
StoreFinancial and Downtown Boise Win Award
Paybefore has chosen StoreFinancial and Downtown Boise as a Paybefore Awards winner in the Best Closed Loop or RAN Gift Card Program. Paybefore Awards, now in its fourth year, are the most prestigious recognition of excellence in the worldwide prepaid and stored value card industry. They are
Six Ways to Load Money on a Prepaid Debit Card
One of the first questions many people ask about prepaid cards is usually, “How do you use it?”. Simply put, you just load money that has already been earned by you onto a