Feds Collect Prepaid Card Complaints

Wednesday, November 23rd, 2016

The Consumer Financial Protection Bureau (CFPB) has released its monthly report on consumer complaints, and this edition focused on prepaid products. Prepaid cards are increasingly popular among folks who are underbanked and unbanked, as they can be used as alternatives to traditional checking accounts. The CFPB is invested in making sure that prepaid cards and other products are being used appropriately, and that consumer complaints are handled adequately. …

November 23rd, 2016


Mobile Payments Up, Cash Payments Down

Sunday, November 13th, 2016

Plenty of people are still paying for things with cash, but fewer of them are doing so this year than last year. Meanwhile, mobile payments are steadily becoming more popular. That’s according to data from a recent Accenture report that looked at payment methods across the country. Last year’s survey showed that 67% of respondents reported paying for something with cash on a weekly basis; this year that number …

November 13th, 2016


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