Total System Services' prepaid unit, Netspend, will pay consumers who bought its cards up to $53 million to resolve a Federal Trade Commission suit alleging that the company misled consumers about ...
Netspend, the prepaid card unit of processor Total System Services Inc. (TSYS), will pay $53 million as part of a settlement it reached with the Federal Trade Commission over allegations concerning ...
AUSTIN, Texas, Feb. 24, 2011 (GLOBE NEWSWIRE) -- NetSpend Holdings, Inc. (Nasdaq:NTSP), a company whose mission is to empower the estimated 60 million underbanked consumers in the United States with ...
Netspend, a major issuer of prepaid debit and payroll cards, will pay more than $1 million to settle an accusation by New York’s attorney general that the company froze customers’ bank accounts and ...
NEW YORK (AP) -- Shares of NetSpend rose to a 2-year high Wednesday after the debit card provider agreed to be purchased by Total Systems Services Inc. for about $1.4 billion. THE SPARK: The payments ...
Some consumers are not able to open a checking account at a bank or credit union to pay their bills or purchase groceries or other items and are forced to rely on using prepaid debit cards. In 2021, ...
NetSpend Holdings (NTSP) isn’t just a provider of pre-paid cards anymore. The Texas-based company has grown into a broader financial-service enterprise that serves a number of the credit and money ...
Total System Services closed its $1.4 billion acquisition of NetSpend on July 1, in line with its previously disclosed schedule for closing. TSYS will pay NetSpend stockholders $16 per share in the ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Earned wage access solutions are critical in competitive, labor-seeking ...
As part of its increased B2B focus and overall business strategy, Netspend is introducing the Netspend Earned Wage Access platform and mobile app, which will enable companies to provide their workers ...
COLUMBUS, Ga. & AUSTIN, Texas--(BUSINESS WIRE)-- TSYS (NYS: TSS) and NetSpend Holdings, Inc. (NAS: NTSP) announced today that TSYS has completed its acquisition of NetSpend. NetSpend is now a wholly ...
The ads for NetSpend, one of the country's largest providers of prepaid debit cards, promised "immediate access to your funds." But that's not always the case, the FTC charges. In its deceptive ...
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