Public and Private Sector Open-Loop Loads Slow as the Economy Remains Soft
For several reasons that are identified in Mercator Advisory Group's 10th Annual U.S. Open-Loop Prepaid Cards Market Assessment and Prepaid...
Closed-Loop Load Growth Slows, but the Market Continues Forward
The closed-loop prepaid market, which consists of 17 segments, grew to $309.1 billion in 2012, up 3 percent from $299.1...
Cardlytics Enters UK
Cardlytics announced it will expand overseas through a partnership with Lloyds Banking Group, one of the leading financial institutions in...
Professor Says Personal Data Necessary for Profit, So He’s Opting Out
Forbes has profiled Eben Moglen, a Columbia Law School professor, who says that that “knowing customers is what makes businesses...
Tech Startups Use Social Media to Fill Gaps in Consumer Credit Profiles
Financial institutions typically rely on a few time-tested credit scores from experienced credit bureaus to make lending decisions. These scores...
iZettle Debuts in Brazil
Sweden-based iZettle is adding Brazil to the list of markets where its mobile card reader is available through an exclusive...
UK Financial Body Warns Consumers about Mobile Banking Risks
The Financial Conduct Authority Tuesday issued warnings about mobile banking risks following its preliminary review of such services. The authority...
ABA Survey Reveals Consumers Paying Low Bank Fees
A new survey from the American Bankers Association offers a clear takeaway: most consumers are paying relatively low bank fees,...
Kenya Reports Robust Mobile Money Growth
Mobile-based money transfer services in Kenya continue to grow quickly as the number of transactions increased some 33 percent in...
Travelex’s Multi-Currency Card Offers Up to Five Currencies
Travelex is offering a multi-currency chip and PIN card in the United States for people who want to travel abroad....
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