Research

Seventh Annual Prepaid Card Forecast

The credit card market in U.K. has not been doing well recently. Facing both the economic recession and the increasingly popular debit cards, among other challenges, the U.K. credit card industry is struggling to find ways to grow.

The demand from the European regulators for alternative local European card schemes other than Visa and MasterCard, as well as the ongoing scrutiny into Interchange rules and practices have been the central issues in the transition to SEPA for c...

The use of biometric technologies in the financial services and banking industry is not really a cutting-edge application any more thanks to security applications. However, today's new generation biometric payments and other applications might c...

Payment Card Market in China 2010

Consumers Provide Direction With Prepaid Under Scrutiny

Consumers Provide Direction With Prepaid Under Scrutiny

Despite the stated goals of some companies to replace cash completely, recent trends in consumer behavior and the overall business environment show that cash access should be included in business plans for prepaid card providers.

The agency wants to make sure the non-bank players in prepaid are helping to prevent crime. The proposed rules would set out reporting requirements for non-bank companies that are involved in providing prepaid cards, redefine regulatory terms, a...

Churn is an ever-present problem for the prepaid card industry, but providing savings accounts is one way to keep customers around longer and link them to a product.