Understanding Prepaid Cards and Improving their Role in Consumer Outcomes
September 21, 2012 9:30 am - 10:45 am
Room: Washington 3
Prepaid cards are an important financial tool for many unbanked and underbanked consumers. Join us at this session to learn more about this increasingly mainstream financial product and discuss its implications for helping low-income households manage their finances. Presenters will explore new research on how consumers are using prepaid cars, savings features that can be incorporated into these cards, and how to design better fee disclosures to help consumers understand the true cost of these products.
Speakers:
- Sarika Abbi, D2D Fund (Presentation - PDF)
- Romy Parzick, Center for Financial Services Innovation (Presentation - PDF)
- Stephanie Wilshusen, Federal Reserve Bank of Philadelphia
- Dan Quan, Consumer Financial Protection Bureau (Moderator)
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This session is designed exclusively for the Research Forum.
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