Univision Mastercard Prepaid Card Hits Walmart Shelves

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 continued expansion into retail spaces in prominently Hispanic regions.

InComm Expands Transit Business

InComm, a prepaid and payments technology company, continues to expand its tolling and transit payments business nationwide with the launch of the RiverLink Starter Kit.

Executive profile: Solana Cozzo, Mastercard

It’s a good thing Solana (“Sol”) Cozzo is high energy. When she’s not literally running or chasing after 3-year-old twins, she’s running Mastercard’s North American prepaid and inclusive growth business. It’s hard work when you consider that “the cardable opportunity is about seven times the current market,” she says.

Raise Pulls in $60 Million in Funding, PayPal Joins Party

Raise, which bills itself as the world’s largest gift card marketplace, has raised $60 million in a Series C funding round led by Accel, with participation from PayPal and existing investors New Enterprise Associates and Bessemer Venture Partners.

Mercator: Consumer Prepaid Sales Drop in U.S.

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

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