Unexpected Growth Opportunities in the Prepaid Card Industry
The Durbin Amendment, recently tacked on to the Dodd-Frank Wall Street Reform Act, will change the prepaid card industry. There is no consensus on what this change means for companies, however. SunTrust Bank's Senior Vice President of Enterprise Payments Strategy, Steve Karp, spoke with CMIQ about how companies should change practices to comply with new regulations, but also the unexpected benefits and growth opportunities the new regulation will provide. Karp is a featured speaker at the upcoming 5th Annual Prepaid Cards and Mobile Payment Summit, held in Denver this June. His presenation will delve into even more detail on these topics.