The 7th annual prepaid card exposition opens up today. Let the understanding compliance regulations madness begin. With all the new regulations for both stored value card and prepaid cards, compliance is definitely a hot topic this year. Just a few weeks ago, we made an announcement about our partnership with Card Compliant so I suspect there will be more interest from stored value card players, especially in light of the new CIP compliance regulations they must follow.
We kicked off the show today with some more prepaid related news. In case you missed it, we announced why Plastyc, which provides affordable deposit, payment and saving financial services for people with limited access to, or distrust in large banks, is using IDology.
And we have more news to come tomorrow! If, like me, you aren’t in Vegas and want to follow what’s happening, you can. I plan on watching the latest news from the show at the prepaid media room and will track the live updates using hashtag #ppexpo on twitter.