Blog

If you’re issuing cards, you’ve likely heard about prepaid cards. But why are so many fintechs offering these products? And why is the prepaid card market valued at over $1.73 trillion¹?Prepaid cards can be used just like a debit or credit card, but they’re not tied to any bank account and work a little differently behind the scenes. Unlike debit cards, your money is loaded on the card itself (rather than a bank account) and you can generally only use the card to spend up to the amount you loaded.

If you’re launching a card program, you may have heard terms like the EFTA or Reg E being thrown around in legal or compliance discussions.The Electronic Fund Transfer Act (EFTA) is important to fintechs because it establishes the rights, liabilities, and responsibilities for parties involved in an electronic transaction (like a debit card transaction). It’s what allows consumers to challenge transaction errors (disputes) or get their money back when an investigation reveals a legitimate error or wrongdoing (chargeback).

Should founders and current financial-services execs go “all-in” on crypto and Web3? Or, should they play it safe and stay out of the fray? In this blog, I make the case for a third way: the combination of crypto with best-in-class fintech.

Momentum in the buy now pay later (BNPL) space is remarkable in every way: Afterpay and Affirm are still growing GMV close to or at triple-digit figures, exits are proving to be massive, and fundraising is relentless - as of Sep’21 YTD, BNPL funding was already 2x higher than all of 2020.