How Banks Win the Battle for Prepaid CustomersMay 08, 2013Banks can leverage current assets to grow their share of the younger and underbanked customer segments through prepaid products, as long as they keep in mind what these customers are looking for.
Javelin Forecasts Big Growth in Mobile Payments By 2018April 03, 2013Javelin released a report today forecasting payments trends at the point of sale over the next few years, with growth expected in mobile payments and further decline in cash and checks.
PayPal Launches Prepaid CardsDecember 14, 2012PayPal released its first prepaid card yesterday, allowing users to easily load cash into their PayPal account as funds that can be used for online purchases.
Chexar and Visa Deliver Mobile RDC to Prepaid CardholdersOctober 23, 2012Visa prepaid cardholders will be able to deposit their checks with their mobile devices on to their prepaid cards, gaining immediate access to their funds.
Adding Salt to Wounds: Consumers Shun Banks for AlternativesSeptember 14, 2012FDIC data shows that the number of households managing their finances without a bank is growing. It sounds like bad news for banks – but maybe it’s actually an opportunity.
Consumers Want Bank-Offered Prepaid Cards, Survey SaysMay 24, 2012According to research from Market Rates Insight bank customers and credit union members say they are more likely to use prepaid reloadable cards if offered by their financial institution.
Banking the Unbankable Requires a Targeted EffortFebruary 28, 2012To tap the growing number of unbanked and underbanked consumers worldwide, banks need to be more aggressive in offering services and products specifically designed for the market.
