Tag Archives: prepaid cards

ABA Recommends Revisions to FDIC Unbanked Survey

In a comment letter filed before the holidays, ABA voiced support for the FDIC’s National Survey of Unbanked and Underbanked Households and offered recommendations for ways the survey questions could be improved in 2019. Specifically, ABA agreed with the FDIC’s inclusion of prepaid cards in a survey question about consumers’ experiences with bank accounts, noting that “functionally, prepaid accounts vary ...

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Study: Credit Cards Rebound in Consumer Payment Share

Credit cards and prepaid cards increased their share of payment instruments that households use in a typical month, according to results from the Federal Reserve Bank of Boston’s 2016 and 2017 Surveys of Consumer Payment Choice released today.

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CFPB Finalizes Changes to Prepaid Rule

The Consumer Financial Protection Bureau today finalized changes to its final rule on prepaid products, including an overall delay of the rule’s effective date until April 1, 2019.

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In Twist, Cash and Debit Cards Grow Payment Share

Cash, debit cards and prepaid cards all increased their share of payment instruments that households use in a typical month, according to results from the Federal Reserve Bank of Boston’s 2015 Survey of Consumer Payment Choice released today.

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