Prepaid Debit Card news and trends

FTC Warns About Scammers Impersonating Agency Staff
Security & Fraud // July 11, 2023

The Federal Trade Commission (FTC) is warning consumers to be wary of scammers pretending to be staff members. The FTC issued a press release and blog post on Tuesday (July 11) to alert consumers. The blog post said that scammers have been using the names of real FTC employees to gain...

Cryptos Provide A Potential Boost To Mastercard
Payment Methods // February 01, 2018

Credit cards and cryptos might be a match well made. In its latest quarterly report, Mastercard showed strength in cross-border volumes, up double digits at 22 percent. One point of that growth was buoyed — at least in part — by cardholders buying cryptocurrencies with their...

Square Starts Taking Orders For New Debit Card
Payment Methods // May 08, 2017

Square, the payment company owned by Jack Dorsey, is starting to take orders for the roll-out of its first debit card. According to a report in Recode, a Twitter user tweeted last week that an alert was sent out from the Square cash app to order...

Discover Launches Plastik Prepaid Loyalty Card
News // August 13, 2015

Cloud-based mobile rewards platform provider Perk.com announced yesterday (August 12) the launch of its new Perk Plastik prepaid debit card that runs on the Discover Network.

Quick Reads
US Treasury Selects BNY as Financial Agent for Direct Express Program

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 […]

FTC Warns About Scammers Impersonating Agency Staff

July 11, 2023
The Federal Trade Commission (FTC) is warning consumers to be wary of scammers pretending to be staff members. The FTC issued a press release and blog post on Tuesday (July 11) to alert consumers. The blog...

Square Starts Taking Orders For New Debit Card

May 08, 2017
Square, the payment company owned by Jack Dorsey, is starting to take orders for the roll-out of its first debit card. According to a report in Recode, a Twitter user tweeted...

Discover Launches Plastik Prepaid Loyalty Card

August 13, 2015
Cloud-based mobile rewards platform provider Perk.com announced yesterday (August 12) the launch of its new Perk Plastik prepaid debit card that runs on the Discover Network.