On October 29, RushCard announced it is creating a “multi-million dollar” fund to cover the costs that its prepaid debit card customers incurred after their cards stopped working in mid-October. When RushCard moved to a new payment processor on October 12, technical problems ensued that left hundreds of thousands of RushCard customers unable to access their funds. Some users

RushCard to Compensate PrePaid Debit Card Users for Outage
November 3, 2015
Consumer Financial Protection Bureau
, MasterCard
, prepaid cards
, CFPB
, debit cards
, prepaid debit cards
, payment processor
, MetaBank
, RushCard glitch
, Russell Simmons
, RushCard
, custodian bank
, RushCard compensation
, RushCard customers
, RushCard outage
, RushCard problems
Lynn Oldshue