Financial Inclusion

Alternative Finances
Will Louisiana Send Prepaid Packing?
April 07, 2014

Yet another state, Louisiana, is looking to convert plastic back to paper, at least when it comes to how tax refunds are distributed. Under a bill approved by the state’s House Ways and Mean Committee on March 31, taxpayers who do not specify a specific...

Financial Inclusion
Merchants Pile On Deals To Woo Tepid Consumers
April 04, 2014

There was a time that Americans consumption of staple products – toothpaste, soap, toilet paper – was an area one could always count on for consistent growth, but in recent memory this has not been true.   For the last three years, sales of staple consumer...

Alternative Finances
MasterCard Sees 40% Jump In APMEA Prepaid GDR
April 04, 2014

MasterCard’s prepaid card business in the Asia/Pacific, Middle East & Africa (APMEA) region experienced a 40 percent increase in year-over-year gross dollar volume last year. MasterCard expects the momentum to continue through enhanced financial inclusion in emerging markets and increases in cross border and e-commerce...

B2B Payments
Friday Factoids
April 04, 2014

There’s so much data influencing the industry today that it can be hard to stay on top of everything. PYMNTS.com’s Friday Factoids are the perfect solution for innovators, entrepreneurs or observers trying to keep up with all the latest information. In today’s Fridays Factoids, you’ll...

Have Canadians Lost Their Love For Debit?
April 02, 2014

Canadians aren’t so beholden to their debit cards as once was believed. In fact, debit isn’t their preferred form of payment in any of the eight merchant categories TSYS asked about in a recent consumer study, the results of which were released earlier today. In...

Financial Inclusion
Sacramental Crowdfunding
April 02, 2014

The Rev. Stefano Tamburo, the Franciscan friar in charge of the 800-year-old church of St. Francis at Ripa, had a problem.  His church, which contained a room where St. Francis of Assisi had regularly slept, was becoming something of a tourist attraction since the veneration of...

Consumer Finance
Consumers Still Bummed About Their Finances
April 02, 2014

Americans in February were less concerned, though still pessimistic, about their current financial situation than they were at the end of the government shutdown last October, according to the Finance Optimism Index launched April 1, by the Consumer Bankers Association (CBA) and AOL Inc. The...

Bitcoin’s Cash Ties
April 01, 2014

As bitcoin has drawn interest, interest in providing easy ways to turn regular currency into crypto-currency has also grown.  This in turn has led to bitcoin ATM’s popping up all over the U.S. Some, like Las Vegas-based Robocoin’s machines, allow users to turn cash into...

Financial Inclusion
New Debate Over Student Debit Card Fees
March 31, 2014

Student debit cards were the topic du jour at a U.S. Department of Education’s session on March 27. A proposed new rule would “would make direct deposit the default for distributing student-aid refunds and would ban many college-affiliated debit card fees, reports the Chronicle of...