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The Federal Reserve Board said Friday (July 19) that it fined Green Dot $44 million for unfair and deceptive practices and a deficient consumer compliance risk management program. The regulator said in a Friday press release that while marketing, selling and servicing its prepaid debit card products and its tax return preparation payment services, Green Dot violated consumer law.
The U.S. Federal Reserve announced on Friday it had fined Utah-based Green Dot $44 million for numerous "unfair and deceptive" practices, as well as deficient risk management.
The U.S. Federal Reserve announced on Friday it had fined Utah-based Green Dot $44 million for numerous "unfair and deceptive" practices, as well as deficient risk management.
GO2bank will be the key driver of Green Dot's (GDOT) revenues going forward.
Green Dot (GDOT) benefits from BaaS partners, PLS launch and investment in infrastructure.
SAN DIEGO , May 29, 2024 /PRNewswire/ -- The Shareholders Foundation, Inc. announced an update in the lawsuit that is pending for certain investors who purchased shares of Green Dot Corporation (NYSE: GDOT). Investors, who purchased Green Dot Corporation (NYSE: GDOT) shares prior to 2020 and continue to hold any of those NYSE: GDOT shares, have also certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
AUSTIN, Texas--(BUSINESS WIRE)-- #BaaS--rapid!, a leading payment solutions provider and the wage and disbursements arm of Green Dot Corporation (NYSE: GDOT), is growing its list of more than 7,000 employer customers. Today rapid! announced the addition of new companies in the staffing, human capital management (HCM) and professional services industries – serving an estimated combined four million employees with more seamless and convenient payroll solutions – through expanded channel partnerships with.
Green Dot (GDOT) witnesses growth in B2B and Money Movement Services segments in first-quarter 2024.
While the top- and bottom-line numbers for Green Dot (GDOT) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Green Dot (GDOT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.