Prepaid cards

President-elect Trump has a number of options to change the Consumer Financial Protection Bureau and its leadership, but each moves carries at least some risk.

J.G. Wentworth's quirky Broadway-style ads have made it familiar as a structured settlement purchase company, and as it attempts to grab share in the prepaid market it's looking to lottery agencies to make sure its strategy is no gamble.

A round of deregulation could loosen restrictions on emerging payment types and technology.

Prepaid cards are never far from politics and controversy, though the industry's distance from government scrutiny will likely increase in January when Donald Trump assumes the presidency and a new Congress is sworn in.

The once-booming market for reloadable prepaid cards has seen a slowdown in new-account growth in recent years amid heavier competition and consolidation, causing longtime providers to look for ways to stand out in a crowded field.

Sen. Elizabeth Warren, D-Mass., delivered a blunt message to fellow Democrats on Monday, warning them not to support efforts to restructure the Consumer Financial Protection Bureau.

The Federal Trade Commission filed a lawsuit against NetSpend on Thursday, alleging that the prepaid card issuer deceived consumers in its advertising.

Green Dot reported net income of $2 million in the third quarter as the prepaid card issuer sought to overcome the revenue it lost by discontinuing one of its most popular products.

Prepaid cards and new mobile innovation in prepaid can bring speed and improve user experience for many different payment types and other financial services.

One of the nation's biggest prepaid card companies said that it expects to lose 10% to 12% of its current revenue as a result of new federal rules governing the industry.