2. It's Not Your Fault
There are times I believe that the credit crisis probably created more sales [of prepaid cards] than any particular dislike for banks in general.
— Steve Streit, CEO of prepaid company Greendot Corp., speaking during the openings morning session at Payments 2012. Streit said that the ease of use and lack of fees is what led many U.S. consumers to embrace prepaid cards over the last several years.
Bryan Yurcan is associate editor for Bank Systems and Technology. He has worked in various editorial capacities for newspapers and magazines for the past 8 years. After beginning his career as a municipal and courts reporter for daily newspapers in upstate New York, Bryan has ... View Full Bio