Criminals have certainly been hard at work lately. As anybody who has picked up a newspaper or logged onto the Internet recently knows, retail giant Target and tens of millions of its customers were the victims of a holiday season heist of payment and other personal information. And on January 17th, the Better Business Bureau… Continue reading New FBI Prepaid Card Scam – Alert By Better Business Bureau
Tag: prepaid cards
Prepaid Card Fraud Controllable
A recent report by Mercator Advisory Group examines the vulnerability of prepaid debit cards to criminals. by Chris Warren Prepaid debit cards make it into the news a lot these days. A lot of the time stories are focused on the maneuvering of large financial services companies like Chase and American Express and the various… Continue reading Prepaid Card Fraud Controllable
Girl Scouts Embrace Prepaid Cards
A Girl Scouts chapter strikes a deal with prepaid card company, SpendSmart Payments. by Chris Warren Thin Mints, Samoas, Tagalongs and Lemonades are definitely not financial terms. Yet the truth is that, aside from fundraising, one of the main reasons Girl Scouts from across the country sell these and other varieties of cookies is to… Continue reading Girl Scouts Embrace Prepaid Cards
The Occupy Card Moves Ahead
The Occupy Money Cooperative needs to raise $900,000 to make its card a reality. by Chris Warren The Occupy Wall Street Movement’s first steps into the financial services industry have not been particularly smooth. The announcement this past summer that the Occupy Money Cooperative, an offshoot of the anti-status quo coalition that grabbed the world’s… Continue reading The Occupy Card Moves Ahead
Hispanic Consumers Propel Prepaid Card Growth
Hispanic consumers account for a growing segment of prepaid debit card users. by Lucy Lazarony Hispanic consumers have embraced prepaid debit cards. According to an August 2012 research study, “Consumer Payments in the U.S.: The Latino Market” by Packaged Facts: There are 4.6 million Latinos who used a prepaid debit card in the last 12… Continue reading Hispanic Consumers Propel Prepaid Card Growth
The Debate Over Green Dot
Analysts disagree about how much longtime prepaid debit card supplier Green Dot should worry about new competitors By Shane Tripcony Recently, (Green Dot Corporation- click for our review of their prepaid card) has been a source of debate and disagreement. A longtime issuer of prepaid debit cards, Monrovia, California-based Green Dot, is an established player… Continue reading The Debate Over Green Dot