Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and come with added capabilities to the company’s suite of money movement services. The card “will...
Payments firms Rêv and Netspend have combined their operations to form a new company named Ouro. The new group will maintain Netspend as a flagship brand and prepaid card provider, while also continuing to expand use of Rêv’s X World Wallet, the company said in a Wednesday (Nov. 1) news release....
Recharge has launched a pilot B2B service enabling corporate gifting of prepaid products. The digital prepaid payments platform’s new service is designed to support companies looking to reward and incentivize employees with gift and prepaid cards, Recharge said in a Tuesday (Aug. 15) press release....
Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing director and head of APAC at Discover® Global Network, and Suresh Rajagopalan, CEO at Wibmo, a PayU company, to discuss the changes —...
July 31, 2023
Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing director and head of APAC at Discover® Global Network, and Suresh Rajagopalan, CEO at Wibmo, a PayU company, to discuss the changes — and opportunities — today’s increasingly online economy is bringing to […]
November 11, 2019
Challenger banks — financial firms offering something much like banking services, and looking to compete with old-school banks — are a new idea. The basic structure that underlies them is...
June 05, 2019
Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. The real...
February 21, 2019
Financial technology firm Green Dot, which made its name on its prepaid debit card solutions, is ramping up its focus on Banking-as-a-Service (BaaS) after posting $14.3 million in net income...
November 21, 2024
The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid debit card to receive monthly federal benefits. The U.S. Department of the Treasury’s Bureau of the Fiscal Service said in a Thursday (Nov. 21) press release that it selected […]
September 09, 2024
Earned wage access company DailyPay is rebranding its prepaid Visa card. The card, previously known as the “Friday by DailyPay Visa Prepaid Card,” will now be known as the “DailyPay Visa Prepaid Card,” and...
November 01, 2023
Payments firms Rêv and Netspend have combined their operations to form a new company named Ouro. The new group will maintain Netspend as a flagship brand and prepaid card provider, while also continuing to expand...
August 15, 2023
Recharge has launched a pilot B2B service enabling corporate gifting of prepaid products. The digital prepaid payments platform’s new service is designed to support companies looking to reward and incentivize...
