Chicago Transit Is on the Track to NFC Mobile Payments
Chicago Transit Authority may become the first major system in the United States to offer an app that allows commuters...
Ending Prepaid Regulation Will Lead to General Deregulation, Think Tank Warns
Eliminating the regulations on prepaid cards could lead to all financial services products being unregulated, according to the Director of...
New York’s Payroll Card Regulations are Overturned
The New York State Industrial Board of Appeals revoked rules on payroll cards issued by the New York Department of...
Michigan Bill Would Eliminate Expiration Dates on Gift Cards
A new bill in Michigan will add more regulations to gift cards. While one provision is likely to be mostly...
CFPB Rules May Be Overturned By Congress
Georgia Senator David Perdue wants to overturn the Consumer Financial Protection Bureau’s prepaid rules, which were finalized in August.Now, seven...
CFPB Fines MasterCard and RushCard for Outage
The Consumer Financial Protection Bureau announced that it is fining MasterCard and the UniRush LLC $13 million for the outage...
Uber’s Political Troubles May Hold a Lesson for Financial Services Companies
Riding hailing service Uber has found itself facing backlash over its CEOs connections with Donald Trump and its decision to...
Will Green Dot Buy RushCard?
Green Dot Corp. is in talks to buy UniRush LLC, the company behind Russell Simmons’s RushCard, according to Bloomberg.Green Dot...
IRS to Delay Refunds, Prepaid May See Loads Arrive Later
The Internal Revenue Service is planning to delay refunds for people claiming the earned income tax credit in order to...
E-gift Card Use Is Rising, First Data Study Finds
A study by First Data Corp has found that 57 percent of gift card buyers prefer to send e-cards because...
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