At the risk of stepping into a hornet’s nest, I’m following up my first commentary on JPMorgan Chase & Co.’s commercial prepaid exit with another related article. This time it is prompted by Fitch’s recent analysis of the general purpose reloadable (GPR) prepaid market and the implications...
February 16, 2015
Apple Pay is joining EMV chip-and-PIN as a standard for roughly 9 million Federal payment cards, including debit-card accounts used for distributing Social Security and Veterans benefits, Bloomberg News reported. On Friday (Feb. 13), the White House announced that “Apple, Visa, MasterCard, Comerica Bank and U.S. Bank are committed to working together to make Apple Pay, a tokenized, […]
