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Banking

June 5, 2014 / ,

New player enters campus banking game

Santander brings international experience to U.S. Santander Universities U.S. is the latest player to enter the U.S. campus card banking market, and the bank intends to lay down roots in its new home. The Spain-based institution is among the world’s...
April 24, 2014 /

Higher One opens financial literacy grant program to universities nationwide

Higher One has opened the application process for its annual Financial Literacy Counts grant program. The grant program, which supports campus-based financial literacy education programs and initiatives, is open to any accredited, non-profit college or university in the U.S., with...
April 15, 2014 / ,

Banking partnerships grow in shadow of uncertainty

Annual CR80News campus card banking survey It seems that banks are picking and choosing their battles when it comes to campus card partnerships, with some expanding their reach and others holding steady at their previous numbers. With subtle overall growth,...
March 27, 2014 / ,

Stand up for your industry: DoE’s reg draft would cripple campus cards

The Department of Education released an initial draft of proposed changes to the Cash Management portion of the regulation governing title IV financial aid funds. The document includes a series of provisions that would dramatically impact the ways campuses could...
March 25, 2014 /

Financial aid and card regulations: The clause that could spell trouble

Following the Department of Education’s first draft of proposed regulations on financial aid delivery and campus-issued cards, it is clear that there could be major repercussions should all the demands stand. There is one section in particular that will likely...
March 24, 2014 / ,

Card programs await feds' next move

In February 2014, the General Accountability Office released a report on debit and prepaid card programs on college campuses, urging the U.S. Congress and Department of Education to take action. Campus banking relationships have been under fire for two years...
March 24, 2014 /

First draft of regs cuts debit card fees on campus cards

Regulatory action is being proposed in the campus-banking sector, with the U.S. Department of Education releasing its first draft of regulations on campus debit cards that will effectively prohibit certain fees, constrain marketing practices and institute transparency regarding the college-card...
August 8, 2013 / ,

Tips to avoid ID theft on campus

College students have enough to juggle when it comes to school, work and their social life. Fighting fraud often doesn’t make their list of priorities. College-bound students are susceptible to identity theft, however, and the Better Business Bureau (BBB) recommends...
May 15, 2013 /

Regs, uncertainty bring changes to campus bank partnerships

Annual CR80News Campus Card Banking survey results flat, Prepaid leaps as fees fall By Zack Martin, Editor, Avisian Publications The traditional model of banks partnering with colleges and universities to offer an all-in-one campus ID and bank card may be...
November 14, 2012 / ,

Under the microscope: Campus card banking

Following the controversial report from U.S. PIRG, Congress investigates both campus card banking partnerships and financial aid dispersal. Is the future of these products in doubt? Jill Jaracz, Contributing Editor, AVISIAN Publications As campuses have embraced electronic distribution of financial...
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