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 ...
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 ...