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| Prepaid Cards for Specific Uses | | Differentiating Product to Educate Consumers | Arlene Hauben |  | | | Prepaid is a fast growing space in the financial services industry, especially because issuers and program designers are making it easier to understand cards by differentiating them for specific uses. | | | MORE [+] | | COMMENT [0] |
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| | | New Fee Disclosure Box | | Is it Enough? | Rivka Gewirtz Little |  | | | If there is one widely shared goal amongst prepaid service financial providers it’s to show consumers that these accounts can substitute or at least heavily complement traditional banking services. But to do that, card providers must prove that the days of fleecing customers with hidden fees are over. | | | MORE [+] | | COMMENT [0] |
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| | | | | 5 Minutes With T. Jack Williams | | President, Paymentcard Services | Arlene Hauben |  | | | The Future of the Payment Space: T. Jack Williams talks about why the time is right for payroll cards and prepaid financial services. A specialist in open and closed loop prepaid debit cards, Jack has spent many years advising financial services firms about mobile commerce and global money remittance. | | | MORE [+] | | COMMENT [0] |
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| | | | | Western Union MoneyWise | | A Card That Aims for Bank-Like Services Without the Difficult Banking Relationship | Rivka Gewirtz Little |  | | | These days the term “underbanked” does not necessarily refer to the very low-paid worker or the utterly disenfranchised. Traditional banking has gotten more expensive and laden with increasingly stringent credit rules. That means all sorts of consumers are considering prepaid financial services as an alternative. | | | MORE [+] | | COMMENT [0] |
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| | | | | New Jersey Gift Card Law | | More Losses than Gains | Arlene Hauben |  | | | Imagine having a gift card in your wallet that you forgot to use for two years, and the state seizes the remaining value off that card. That could happen, if unclaimed property laws in New Jersey, modified in 2010 to fill a budget shortfall, are enforced. | | | MORE [+] | | COMMENT [0] |
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| |  | | | Guest Blog: Kill the Goose, Get the Eggs - New Jersey and Gift Cards | |
By Julie Lambert, Administrative Manager at LifeWork Search
It looks like the blowback from New Jersey's new law regarding gift cards is getting bigger and bigger. In what initially was a cash grab from the State of New Jersey, this legislation is going to actually take money out of their coffers.
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| (c)2011, The Prepaid Press |