The dirty secret of the prepaid card business is that often it simply is difficult to load new funds on a card, even a reloadable one, and the difficulties multiply when those funds are in the form of a check.
That is why Brookfield, Wis.-based Fiserv has announced what it calls Prepaid Source Capture, which leverages the company's mobile remote deposit capture tools.
"Putting a check on a prepaid card had not been that easy to do," said Gary Brand, director of Source Capture Solutions at Fiserv.
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