Will New CFPB Regulations Mean Fewer Prepaid Cards?
Yes, according to the Network Branded Prepaid Card Association (NBPCA), a trade association for the prepaid card industry. In its comment letter to the Consumer Financial Protection Bureau (CFPB) this week concerning proposed prepaid card disclosure requirements, the NBPCA warned that “[i]f left unchanged, the costs of compliance with just this portion of the Proposed […]
Reload @ the Register–Green Dot’s Replacement for the MoneyPak
Editor’s Note: A year after the MoneyPak was pulled from the market, Green Dot reintroduced it. It now offers both cash reload services. Last year, financial services company Green Dot announced that it would discontinue its MoneyPak product early this year. Now that time is here. Several retailers have already been in the process of […]
7 Ways Reloadable Prepaid Debit Cards Help You Budget
Prepaid cards can help you manage your money in several ways. From avoiding debt to monitoring transactions to budgeting apps, here are 7 ways a prepaid card can help you budget. The landscape of prepaid debit cards is changing rapidly. While once the tool of choice for the unbanked as a way to avoid expensive […]