Shift in prepaid debit industry

U.S. retail sales rose unexpectedly last month despite heavy snow storms thought to have kept shoppers at home and that bolstered hopes of a sustainable economic recovery.

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March 12 (Bloomberg) -- Shares of the following companies are having unusual moves in U.S. trading . Stock symbols are in parentheses. Prices are as of 9:40 a.m. in New York.

Lacking GOP Endorsement, Dodd Reshapes Plan – Leaving Insurance Alone When U.S. Sen. Christopher Dodd unveils his new vision for financial services reform Monday, it won't include any major regulatory shake-up for the insurance industry.

The only way to build credit is to open a line of credit that will report to the credit bureaus.

Financial fears didn’t stop South Florida water managers from keeping alive Gov. Charlie Crist ’s $536 million Everglades restoration land deal with U.S. Sugar Corp

Florida would pay $536 million for 73,000 acres of land from U.S. Sugar Corp. to restore water flow Financial fears did not stop South Florida water managers from keeping alive Gov. Charlie Crist's $536 million Everglades restoration land deal with U.S. Sugar Corp.

March 11 (Bloomberg) -- Shares of the following companies had unusual moves in U.S. trading . Stock symbols are in parentheses. Prices are as of 4 p.m. in New York.

WASHINGTON — Greece is a financial basket case, begging for international help. Is America heading down that same road? Many of the same risky financial practices that now threaten the Greeks were at the center of the all-too-recent U.S. meltdown.

The European Union rebutted criticism by the U.S. of its plans to tighten the rules on hedge funds.

Dear Mary: I have opted out of my credit cards, but I may have to travel in an emergency, so I need a card for this purpose.

March 11 (Reuters) - The debate over financial regulation overhaul has a long way to go in the U.S. Congress, with the action now centered in a Senate committee, where analysts, aides and lawmakers see several possible scenarios ahead. Here is a look at what could be coming for Democrats and Republicans as they thrash out possibly the biggest regulatory changes for banks and capital markets ...

Not that the strange story of Yuval Tal needed to get any stranger, but the Post reported yesterday that the Israeli-American businessmen, whose prepaid debit cards were connected to this year's assassination of a senior Hamas militant, has completely disappeared. "Employees of Yuval Tal's Payoneer said he wasn't at the company's Midtown headquarters, and Brooklyn neighbors of Tal said he was ...

Name: Jose R. Peralta Occupation: State Assemblymember 39th District

U.S. Treasury Secretary Tim Geithner has written to the European Commission warning that plans to regulate hedge funds and private equity firms could cause tensions with Washington, the Financial Times reported.

LAS VEGAS, NV--(Marketwire - March 10, 2010) - One World Ventures, Inc.'s ( PINKSHEETS : OWVI ) 1World Card, a provider of prepaid cards and 1World Cash, announced completion of beta testing and approval of its remittance technology.

LAS VEGAS, NV--(Marketwire - 03/10/10) - One World Ventures, Inc.'s (Pinksheets: OWVI - News ) 1World Card, a provider of prepaid cards and 1World Cash, announced completion of beta testing and approval of its remittance technology. The testing process has involved completing transactions that efficiently send funds from Hong Kong to the Philippines in a manner that duplicates the expected real ...

Dubai, February 10, 2010: Emirates NBD Emirates NBD , the largest banking group in the Middle East in terms of assets, in association with Visa Visa , announced today the launch of its complete suite of Chip enabled Debit Cards.

Dubai, February 10, 2010: Emirates NBD, the largest banking group in the Middle East in terms of assets, in association with Visa, announced today the launch of its complete suite of Chip enabled Debit Cards.

The new credit card law aims to protect those under 21. Here are options for getting cards.

COCONUT CREEK, Fla.----StorValue™ Card Solutions will soon launch its fifth branded card program, Campus Dough DebitSmart™ Visa® Prepaid Card, filling a void left by the recent Credit CARD Act, which makes it more difficult for students to get credit cards.

BERWYN, Pa.----Dollar Financial Corp , a leading international financial services company serving unbanked and under-banked consumers, today announced that Jeff Weiss, Chairman and CEO, and Randy Underwood, Executive Vice President and CFO, will present at the 22nd Annual Roth Capital Partners OC Growth Stock Conference on Tuesday, March 16, 2010 at 8:30 a.m.

The finance minister's announcement in the Budget that RBI is going to issue additional banking licences to private sector players, including non-banking financial companies...

BERWYN, Pa.----Dollar Financial Corp , a leading international financial services company serving unbanked and under-banked consumers, announced today that it has reached an agreement to settle its British Columbia class action litigation, in which the plaintiffs claimed that the business model used by the Company’s Canadian subsidiary, National Money Mart Company , resulted in the collection of ...

AUSTIN, Texas----NetSpend, a leading provider of prepaid, reloadable debit cards, announced today that the company’s cardholders loaded a record $1.04 billion onto their NetSpend prepaid cards during the month of February — marking a company and industry first.

ACON Latin America Opportunities Fund, L.P. , a private equity investment fund affiliated with ACON Investments LLC , announced today that it has completed an investment in Credivalores-Crediservicios, S.A.S. , the leading non-bank provider of consumer loans in Colombia. Â Credivalores offers a broad range of innovative credit and micro-insurance products designed to address the particular needs ...

What effect will the Budget have on food prices? And on prices of other things? Has the FM given with one hand and taken away from the other? During a chat on rediff.com on Wednesday, economist Ajit Ranade replied to many such queries.

Of the nearly six lakh inhabited villages in the country, 1.09 lakh have a population of over 2,000.

EAST LOS ANGELES, Calif.----Pan American Bank President and CEO Jesse Torres today publicly applauded President Obama’s 2011 budget proposal for $900 million in School Turnaround Grants.

BERWYN, Pa.----Dollar Financial Corp , a leading international diversified financial services company primarily serving unbanked and under-banked consumers for nearly 30 years, today announced the opening of its 300th “Money Shop” store location in the United Kingdom.

As consumers cut back on spending, one industry proves that consumers are willing to spend on imaginary goods. Enter the world of social gaming where consumers can splurge or create what they often don't have. But creating a virtual world can cost real money, which can sometimes be a problem. Kristy Charron who spends her free time raising virtual pets said her dogs often starve to death because ...

Here is the entire text of the Finance Minister Pranab Mukherjee's Budget Speech:

New York City's underbanked population: New research show 13 percent of New York City households lack bank or credit union accounts.

New research show 13 percent of New York City households lack bank or credit union accounts.

A new study finds hundreds of thousands of New Yorkers don't have bank accounts. In fact, in some neighborhoods, more than half of the adults are unbanked. Now the city has a plan to try to bring them into the financial mainstream.

Abuja — If the time frame of the CBN governor Sanusi Lamido, gave the impression of frailty, his sweeping reforms have projected a different story.