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The Canadian province of Alberta announced this week that beginning Nov. 1 it will prohibit expiration dates and inactivity fees on gift cards purchased in the province.
MPOWER Ventures, a venture capital fund that invests in financial companies that specialize in the underserved market, announced Wednesday is has created the MPOWER Foundation to fund financial education, research and policy initiatives designed to aid underserved consumers.
St. Petersburg, Fla.-based Revolution Money Inc., today announced an agreement with CardinalCommerce Corp. that will enable online merchants to begin accepting the RevolutionCard next month. The upstart credit card company bypasses interchange fees, charging merchants a flat transaction fee of 0.5%.
