Prepaid cards

Fuel card issuers in recent years have consolidated operations through acquisitions. Norcross, Ga.-based Fleetcor in 2014 purchased Comdata for $3.45 billion, and WEX in 2012 bought Fleet One.

With the Consumer Financial Protection Bureau expected to release tighter rules for prepaid cards in the next several weeks, prepaid issuers are pushing what they see as advantages over banks, such as fast access to payroll funds.

Five months after creating Instant Pay to allow Uber drivers to get faster payments into Green Dot's GoBank accounts, the companies are expanding the program to include nearly any U.S. debit card.

ItzCash and India’s RBL Bank have formed a partnership to launch the country’s first cobranded prepaid card powered by the government-backed RuPay Network, the latest example of India's efforts to rapidly accelerate financial inclusion.

New documents shed light on the recent incident in which many prepaid card users reported that they were unable to access their own money.

Payza, a U.K.-based global online payments platform, has expanded the reach of its prepaid Mastercard, which is linked to an existing mobile wallet, to 190 countries.

Green Dot profits more than doubled to $8 million in the second quarter as revenues rose slightly and expenses ticked down.

WEX Health has launched a benefits card with Fifth Third Bank in Cincinnati, Ohio and employee benefits administrator Chard Snyder to help manage employee health plans.

JPMorgan Chase & Co.’s contract to provide debit cards to inmates released from federal prison may have backfired after a former convict raised a ruckus.

London wants to export its popular open-loop contactless payment system for mass transit to other global cities, through a new licensing deal with Cubic Transportation Systems.