LAS VEGAS—Last year, 1,500 attended the first Money2020 innovation in payments conference. This year, 4,000 stuffed into the Aria Hotel’s meeting rooms Oct. 6-10.
Disruption in how things have always been done was theme of early October payments confab in Las Vegas.
LAS VEGAS — The moderator of a Money2020 panel consisting of mobile-oriented banking startups asked them a blunt question: Is branch banking dead?
Prepaid cards can be difficult to reload, and the difficulties multiply when those funds are in the form of a check.
Staring down shrinking margins and the confusing moniker “credit union,” some have gotten creative with their fields of membership. This is not a particularly new phenomenon but one that has garnered attention from an L.A. blogger who was just looking for a credit union to join. She’s had a great...
Skeptics who saw the seeds of an eventual bank charter in the advent of American Express and Walmart had a change of heart and last week and announced that the jointly sponsored Bluebird prepaid card will carry FDIC deposit.
Service will include what amounts to real-time verification of an item for deposit while enabling easy re-load of prepaid card.
Staring down shrinking margins and the confusing moniker “credit union,” some have gotten creative with their fields of membership.
CUNA, ABA has no comment so far, NAFCU approves of prepaid cards having FDIC, ICBA objects.
Community bankers lobby says it's researching how to fight Wal-Mart/Amex prepaid card's move toward offering more banking services.