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 ...
Total System Services Inc. is buying debit card provider NetSpend for about $1.4 billion in cash to expand into the fast-growing prepaid card business. The deal will give the payment services company ...
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 ...
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 ...
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 ...
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 ...
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 ...
A pre-paid card has been slammed online amid claims numerous fees "bled the card dry," leaving a kid with less than $10 of his birthday money to spend. A snap of a Netspend account is attracting a lot ...
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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