The emergence of new types of consumers and the acceptance of prepaid financial services post-recession are driving banks to enter the lucrative prepaid debit card industry, a business traditionally ...

WASHINGTON—Prepaid cards, which started out as simple gift cards from retail stores, have morphed into popular financial-management tools with functions that rival bank checking accounts. Now ...

Debit cards make it easy to make purchases, shop online, and pull cash out of an ATM. But to use one, you need a checking account—and not everyone has one. If you’re a part of the “unbanked” community ...

PARAMUS, N.J. (CBS 2/WCBS 880)-- Consumers are crying foul over prepaid debit cards that often contain fees that eat up a big chunk of the card's value. Now, a local lawmaker is proposing some tough ...

The Los Angeles Times recently reported that a TSA worker was caught after stealing valuables from passenger luggage. Among the pilfered items was a prepaid debit card with $1,000 loaded on it. While ...

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As New York City continues to see a surge of migrants who have overwhelmed the city’s shelters, social media posts claim they will receive new cash benefits. New York City is launching a pilot program ...