Prepaid cards

U.S. Bancorp has hired John Steward as president of its retail payments solutions division.

Media properties and financial services rarely go hand in hand, but in Canada one partnership is testing whether today's millennials will be more open to that kind of pairing.

The digital gift card is one of the rare examples in the payments market where more options may not necessarily be the best thing for consumers.

Prepaid Financial Services, a provider of e-money and banking solutions, is rolling out a government-sponsored prepaid card program for refugees and asylum seekers in Europe.

Steve Streit, who founded the prepaid card pioneer in 1999, is taking fire from an investment firm that owns 6.2% of the company.

Canada’s prepaid card market—still relatively small—is experiencing a healthy growth surge, according to new data from the Canadian Payments Association, and key industry players confirm the trend.

A startup geared toward the prepaid market thinks it has found a way to effectively bridge the gap between high-touch onboarding and all digital experience: operating like a food truck.

Millions of consumers without traditional banking relationships can use Apple Pay, now that ADP, a major provider of payroll cards, has joined the mobile payments bandwagon.

After several years of tussling with mortgage rules and their implementation, the Consumer Financial Protection Bureau is focusing on several areas that will primarily affect the nonbank market, including debt collection, payday-type loans and prepaid cards.

From fairly humble beginnings three years ago with the low-fee Bluebird prepaid Amex card and the Serve platform, Walmart has gotten more and more aggressive — and welcoming — with payments innovation.