Prepaid cards are a popular and versatile financial tool, but implementing a successful prepaid program requires careful planning and attention to detail. In this informative one-hour course, we'll guide you through the essential considerations for launching a compliant and profitable prepaid card program.

We'll begin by demystifying the Consumer Financial Protection Bureau's (CFPB) Prepaid Rule, highlighting the key provisions you must understand to ensure your program is compliant. We'll then delve into the top 5 strategic points you should consider before launching your prepaid card, from selecting the right program partner to defining your target market and crafting a compelling value proposition.

Next, we'll provide a comprehensive checklist for reviewing contracts, policies, and procedures, ensuring your program is legally sound and operationally efficient. You'll learn what red flags to look for, how to negotiate favorable terms, and how to develop robust policies that protect both your institution and your cardholders.

Whether you're new to prepaid cards or looking to optimize an existing program, this course will equip you with the knowledge and insights to launch a successful prepaid card program with confidence.

Why You Should Attend:

• Stay Compliant: Ensure your prepaid card program meets all regulatory requirements and avoids costly penalties.
• Maximize Profitability: Learn how to design a program that delivers value to your customers and generates revenue for your institution.
• Mitigate Risk: Identify and address potential risks before they impact your program's success.
• Streamline Operations: Discover best practices for efficient program management and customer service.
• Competitive Advantage: Gain a competitive edge by offering a well-designed and compliant prepaid card program that meets the needs of your target market.