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Article: VIEWPOINT: Prepaid: Doing More, But There's More to Do.(Viewpoint essay)
- Article from:
- American Banker
- Article date:
- August 26, 2009
- Author:
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Laura Kelly
In today's economy, consumers and businesses are more vigilant about spending, looking for new and better ways to make every dollar go further. As a result, prepaid is taking on a larger role in the payments industry - giving consumers the means to compartmentalize their spending, giving the underbanked a cost-effective and secure financial services tool and letting businesses and public-sector agencies drive cost efficiencies, transparency and accountability.
It is no wonder that global prepaid spending is estimated to reach $680 billion by 2015, according to a May 2008 study commissioned by MasterCard and conducted by Boston ...
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Article: Bids Sought for A Social Security Prepaid Program.
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September 17, 2007 ;
700+ words
... ... convert millions of Social Security benefit payments currently ... Only about 20% of Social Security payments, and some ... to shift payments to prepaid cards continues the death of checks. Social Security tends to be a bellwether ...
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