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The US prepaid card ecosystem is huge, with 10.7 billion prepaid card transactions made in 2016 reaching $290 billion. And it’s shifting focus from low-income, un- and underbanked consumers toward millennials and higher-income adults.See the rest of the story at Business Insider
- The digitization of daily life is making phones and connected devices the preferred payment tools for consumers — here’s what that means for stakeholders
- BofA has announced updates to its mobile apps
- MoneyGram and Xoom have announced platform expansions