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Total System Services (TSYS) is working with well-known brands like Western Union and Brinks to boost adoption of prepaid cards as the CEO of its NetSpend prepaid unit prepares to leave the company.
July 22 -
Mobile wallets are designed to make it easy to pay from a linked credit or debit card, but the process of using loyalty and gift cards can be a bit trickier. CashStar is working to take some of the pain out of this process for users of its gift card platform.
July 21 -
Dan Henry is leaving his job as chief executive of NetSpend effective July 31, and will be succeeded by Chuck Harris, who is president of the prepaid card company, a unit of the processor TSYS. Henry's exit will be the second departure of a top TSYS executive this month
July 14 -
What's in a name? Many payment companies have struggled with this question, finding out too late that the name they chose sent the wrong message or was rendered unusable by situations outside the brand's control.
July 11 -
Sweden's Seamless has entered into an agreement with InComm that will enable the Atlanta, Ga.-based company to offer digitized versions of reloadable closed-loop cards.
June 30 -
In SaveUp's first foray into the payments industry, the financial management provider is linking its reward program to PayPal's prepaid MasterCard to attract younger consumers.
June 30 -
Nearly 20% of consumers worldwide lack confidence that their banks can protect them from payment card fraud, yet nearly half do things that potentially expose them to fraud, new research says.
June 24 -
When people pay to use transportation, they're generating substantial data that's not being used to its full potential, says Phil Silver, director of business development for Urban Insights.
June 24 -
Philip W. Tomlinson, CEO of Total Systems Services (TSYS), will retire on July 31. He will be succeeded by M. Troy Woods, the company's president and COO.
June 23 -
Green Dot has hired former American Express executive Thien Truong as senior vice president of business development and sales.
June 23 -
Walmart is testing a program that uses its mobile app, website and tracking technology to give back to customers who paid too much for something at the Bentonville, Ark.-based retailer.
June 23 -
SpendSmart Payments Co. is changing its name to SpendSmart Networks. This is the fourth time the prepaid provider has rebranded in five years.
June 19 -
Television financial advisor Suze Orman's prepaid debit card will be discontinued, according to a report in The New York Times.
June 17 -
The Delaware bank, which issues cards for a wide swath of the prepaid industry, will have to curtail its growth as part of an agreement with the FDIC.
June 16 -
New York Attorney General Eric Schneiderman announced his support for a proposal in the state legislature to regulate prepaid debit cards used by employers to pay wages.
June 13 -
Green Dot has hired a PayPal executive to become general manager of its mobile bank account, known as GoBank.
June 12 -
American Express Co. is entering partnerships that aggressively take aim at a very specific segment of spending: fare for taxis and other hired cars.
June 11 -
Prepaid card company Green Dot (GDOT) said Friday that it supports Visa's new initiative to simplify fees and disclosures.
June 6 -
American Express is raising its bet that there's money to be made by providing cheaper financial products to consumers who are shut out of the mainstream banking system.
June 5 -
American Express is adding financial management tools to its Serve and Bluebird prepaid cards and is expanding the cards' cash reload network.
June 5






