Features, News & Blogs
  • CFPB announces proposed rulemaking for prepaid reloadable cards

    The Dodd-Frank Act loophole that exempted general prepaid reloadable cards from fee controls could be closing in the not too distant future. The Consumer Financial Protection Bureau yesterday …
  • Bank issues dual-function transit-ticketing/debit card

    South Africa's Standard Bank has embarked on a pilot of a multifunction payments card that features both prepaid transit and contactless debit card functionality. Initially 1,000 commuters in the …
  • GRG to add card-issuing function to ATM models

    GRGBanking announced recently that its ATMs will now support a debit and gift card issuing function, using a module equipped with an independent card box that can dispense standard-sized cards of any …
  • Euronet Worldwide reports Q1 financials

    Euronet Worldwide announced its first quarter results on April 24. Highlights of the company's earnings report include: Revenues of $297.6 million, a 13 percent increase over Q1, 2011 Operating …
  • Mass. lawmakers seek to end EBT cash withdrawals

    The push to ban cash withdrawals using Electronic Benefits Transfer cards continues to heat up, fueled by a convicted Boston drug dealer's attempt to use his EBT card to withdraw bail money, said a …
  • ATM innovation: Taking it to the streets

    The brilliance of an idea is not always a measure of its future success. One word: Betamax. So it's no wonder that people are a little skeptical of the Next Big Idea. "There's tons of people running …
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  • Prepaid card use on the rise among Gen Y

    More consumers are giving debit cards the go-by in favor of prepaid plastic. One in six underbanked customers and one in six Gen Y customers are choosing prepaid cards as their banking instrument of …
  • Consumers Union calls for CFPB rules on prepaid fees

    Consumers Union, the policy and advocacy arm of Consumer reports is recommending that the Consumer Financial Protection Bureau take action to require clearer fee disclosure and better protections for …
  • Indonesian telecom, bank team up on mobile wallet

    Indonesia's largest telecom, PT Telkomsel, and state lender Bank Negara Indonesia have created a partnership to allow BNI account holders top up their Telkomsel mobile wallets via ATM transfers, said …
  • Singapore drivers to get NETs top-ups on the go

    A report at channelnewsasia.com said that Singapore drivers soon will be able to top up their NETs CashCard at garage-exit ATMs. The NETS CashCard is a stored value smart card offered by payments and …
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