prepaidRSS

Sutton Bank in “old fashioned innovation” with new paytech product launch

Finastra gains three US clients

Ohio-based Sutton Bank says it has “married old-fashioned wisdom with cutting-edge fintech” for US businesses and their employees. The resulting product is particularly relevant in today’s “gig economy”.

Obsidian and Arroweye reward consumers for shopping local with prepaid cards

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Obsidian, a Colorado-based organisation that encourages consumers to shop local in their home community, has selected Arroweye Solutions for its Local First Card programme.

Univision Mastercard prepaid card hits Walmart shelves

Univision prepaid card

Univision Mastercard prepaid card is now available in approximately 300 Walmart stores in California, Texas and Florida. The move is part of the brand’s ongoing expansion into retail spaces in prominently Hispanic regions.

Wirecard gives boon a boost with virtual prepaid, P2P and overdrafts

Wirecard

Paytech company Wirecard is expanding its mobile payment app boon with new features, including a virtual prepaid card, P2P payment service and flexible overdrafts.

Hawk Incentives launches Mastercard prepaid incentive card for mobile wallets

Haw Incentives

Hawk Incentives, a Blackhawk Network business that provides rewards and incentive solutions, has unveiled a new open-loop Mastercard prepaid card that can be added to major mobile wallets.

Consumer prepaid card sales drop in US – Mercator report

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US consumers aren’t buying as many prepaid cards, according to a new consumer survey from Mercator Advisory Group. The data show 56% of US adults bought prepaid cards in the year preceding this survey, down from 63% in 2016.

Stack taps Mastercard for challenger mobile banking app

Stack

There’s a new fintech challenger in town. Toronto-based Stack has partnered with Mastercard ahead of the beta launch of its mobile financial services app and companion prepaid card.

How does your prepaid card rank?

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Two reports ranking US consumer prepaid cards have just been released. Find out which cards made the lists and why.

NBPCA requests more changes and time to comply with CFPB’s prepaid accounts rule

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US-based Network Branded Prepaid Card Association (NBPCA) submitted its comment letter to the Consumer Financial Protection Bureau’s (CFPB) on the bureau’s proposed changes to the final prepaid accounts rule. The trade group is calling for additional revisions to the rule as well as an extended implementation period.

Paysafecard enters UAE to enable online payments with cash

paysafecard logo

Paysafecard announced its entrance into the UAE with its flagship prepaid payment solution, which enables consumers to pay cash in retail stores for a prepaid PIN they can use to shop online.

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