Prepaid
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Prepaid debit cards may soon be subject to federal regulations requiring more transparent fee disclosures and increased financial protection. The Consumer Financial Protection Bureau said Wednesday it is considering new consumer protections for ...
May 23, 2012 at 23:15 | Source: USA Today
The nation’s consumer financial watchdog is preparing restrictions on prepaid debit cards, a largely unregulated product that is flourishing even amid concerns about high fees and poor disclosures. On Wednesday, the Consumer Financial ...
May 23, 2012 at 21:07 | Source: New York Times
In the tech industry it's a well-established fact that major U.S. companies will sometimes test a service in other, international markets before introducing it to domestic customers. That's why the news that Amazon will begin offering prepaid Internet ...
May 28, 2012 at 17:47 | Source: PC Magazine
The government's top consumer sheriff wants to rein in the Wild West of prepaid cards, even as some of the biggest players in the financial industry move quickly into the new frontier. On Wednesday, the Consumer Financial Protection Bureau is ...
May 23, 2012 at 04:17 | Source: Huffington Post
Consumers Union took another swipe a the prepaid debit card business last week, blasting it as a bad deal for consumers. The prepaid industry's response: At least we're cheaper than the banks. That's not necessarily so. If you're responsible with your ...
May 27, 2012 at 04:55 | Source: St. Louis Post-Dispatch
WASHINGTON, May 23, 2012 /PRNewswire-USNewswire/ -- Consumers Union, the policy and advocacy arm of Consumer Reports, called on the Consumer Financial Protection Bureau (CFPB) today to adopt new rules to protect consumers who rely on prepaid cards.
May 23, 2012 at 13:36 | Source: YAHOO!
This post comes from Quentin Fottrell at partner site SmartMoney. If federal regulators limit the charges levied on prepaid debit card users, banking officials say the industry will likely just invent new fees. The Consumer Financial Protection Bureau ...
May 24, 2012 at 21:41 | Source: MSN Money
If ever you become misty-eyed and soft-hearted after watching a few too many soft-focus sunlight-drenched bank ads full of friendly professional women and smiling minorities who've just bought their first homes, it's good to remind yourself that big banks ...
May 23, 2012 at 21:28 | Source: Gawker
Prepaid debit cards are all the rage, with more traditional banks joining the business to help bolster their fee income. The cards let consumers access their money at A.T.M.’s and stores and pay bills without having a traditional checking account.
May 15, 2012 at 16:51 | Source: New York Times Blogs