Top Stories

06.28.17

Power of Prepaid: Industry Rallies for Innovation amid Uncertainty

As the prepaid industry converged on the U.S. capital last week, familiar themes of regulatory uncertainty as well as opportunities to expand the business took center stage. Although regulatory uncertainty is all-too familiar, there also was a palpable sense of excitement about the potential to innovate.

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Mobile & Emerging Payments

06.27.17

Money20/20 Europe: PSD2 Creates More Questions than Answers

On June 26, artificial intelligence captured the imagination of some at Money20/20 in Copenhagen. But during the June 27 sessions on the second day, it was like I had stepped back in time to November 2016, reported Deputy Editor Antony Peyton. Last year, at the Payments International conference in London, PSD2 left some in the payments industry confused as to where the risks and opportunities lie.

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Pay Studio

06.27.17

Study: Americans Uneasy about Finances Provide Opportunity for Financial Service Providers

One-fourth of Americans say they have too much debt, with 96 percent of them reporting they are financially stressed, according to a survey by the Center for Financial Services Innovation to gauge Americans’ financial well-being. While those statistics are bleak, they should signal an opportunity for banks, credit unions, fintechs and other companies to provide products, services and guidance to improve consumers’ financial stability, according to Jennifer Tescher, founder and CEO of CFSI.

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Retail

06.27.17

Payscout Launches Virtual Reality Commerce with Visa’s Help

Retail payments have taken another step into the future. Payment processor Payscout has launched a virtual reality system that employs Visa Checkout and enables consumers to examine products before ordering them for delivery to shoppers’ homes.

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Op-Ed

06.15.17

A Closer Look at the Future of Cash

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No, cash is hardly sexy, not in this era of mobile payments, bitcoin and biometrics. But here’s some proof about its endurance.

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Government Watch

06.28.17

Pay Gov – June 2017, Vol. 11, Issue XI

In this issue: Industry Rallies on Innovation amid Uncertainty; N.J. Gets Tough on Prepaid; CFPB Slams Credit Repair Execs; Treasury Backs Reform; More

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On The Move

06.19.17

Tate Takes Reins at NBPCA

Brian Tate has been named president and CEO of the NBPCA, replacing Brad Fauss, who in May stepped down from his role at the helm of the prepaid industry association to join Wirecard North America. Tate has served with the NBPCA since 2013 as vice president of government affairs, helping lead the organization’s legislative and regulatory policy agenda, including managing the federal political strategy and building relationships with policymakers on the national and state levels.

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