More Millennials Pick Prepaid Cards: Fed Study
General-purpose reloadable prepaid cards have turned a corner, moving from being a product for low-income or unbanked individuals to being an important tool for younger, high-income consumers.  more »
Susan Herbst-Murphy, senior industry specialist for payment cards at the Federal Reserve Bank of Philadelphia.
Visa Europe is working with edo, a Chicago and Nashville-based card-linked marketing firm, to launch a pilot of edo's technology in the U.K. this year and eventually expand to other European countries.  more »
The White House is slated to unveil a major package of initiatives on Friday to increase data security for financial transactions, including an executive order to add chip-and-PIN technology to government-issued credit and debit cards.  more »

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