Green Dot is what many fintech companies wish to grow up into. At least according to their CEO Steven Streit. The bank has the technology and the banking background, which many fintechs are missing these days. It also owns a real live bank. The next sector this “fintech dream” willRead More
Post Tagged with: "Prepaid Cards"
Wirecard has crossed the pond and found the U.S. to still be the land of opportunity. After quietly acquiring Citi Prepaid Card Services for an undisclosed amount (in cash) in June, Wirecard is now gearing up for transaction volumes of $6 billion as early as 2017. The Aschheim, Germany-based payments processor expects thatRead More
Today it was announced that fintech startup Juvo has partnered with communications company Cable & Wireless in order to bring better engagement and financial inclusion to prepaid mobile subscribers in 15 countries across the Caribbean. “Across all the geographies where prepaid is dominant, top-ups tend to last a few daysRead More
Image source Q. What is a mobile wallet? A. It’s a prepaid card without the plastic. The future needs a bridge. That bridge is a plastic prepaid card. Consumers get used to the action of paying with electronic cash; the delivery innovation comes later. Think of Netflix starting with DVDsRead More
American Express released a major update to its Bluebird and Serve iOS apps yesterday to make them easier to use and perform better.
It just got a whole lot easier to spend those bitcoins burning a whole in your digital wallet. Digital gift card company Gyft — known for being cryptocurrency-friendly and its many enthusiastic fans in the bitcoin community — yesterday announced that it had added Walmart gift cards to its platform. BitcoinRead More
Stuck with an unwanted or useless gift card this holiday season? All is not lost. Gift card exchanges can help recover some value from that piece of plastic either by buying it outright or connecting the seller with potential buyers, even though increasingly gift cards are digital items. This videoRead More
The new campaign for JPMorgan Chase’s prepaid Liquid card highlights social media and the use of mobile phones. The campaign, four videos from which were made available on YouTube last week, features photos on a social media site viewed on a mobile phone, and also highlights Chase’s extensive ATM network where Liquid cards canRead More
According to recent reports, it was on 27th November, 2012 that the US Bank announced its intention of buying or rather acquiring a Florida-based company to tap the prepaid card market yet again. The name of the company being FSV Payment Systems, they’re reportedly said to manage the prepaid cardRead More
In the United States, our credit and debit cards still rely on outdated magnetic stripe technology. EMV, or chip and PIN cards, on the other hand, are far more secure. These so-called “smart cards” contain embedded microchips and are authenticated using personal identification numbers, or PINs.