HaloCard was conceived by Nick Lepetsos, the 45-year-old president of First American State Bank, a community bank in Greenwood Village, Colo.

FORBES: A Startup Aims To Disrupt The Charity -- And The Credit Card -- Business

American banks holding corresponding banking relationships with the State Bank of India could also potentially be affected.

FORBES: Thinking Long Term on India and Iran

Recent reports by a Swiss historical commission and the American State Department suggest that most of the gold looted by the Nazis was handled by Switzerland's central bank, which became the target of a new lawsuit this week, not by commercial banks.

ECONOMIST: Swiss banks and Nazi gold