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The Federal Reserve fined Green Dot Corp. $44 million over the firm’s handling of prepaid debit cards and tax preparation payment services. The stock fell as much as 6.1%. Green Dot broke ...
Federal Reserve fines Walmart-linked Green Dot Corp $44 million after customers lost access to funds
Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by the Federal Reserve for "numerous" alleged failures that harmed ...
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Apple and Walmart banking partner Green Dot fined $44 million by the Federal ReserveGreen Dot Bank, the tiny state-charted Utah bank behind financial products at some of America’s largest companies—including Apple and Walmart—today agreed to pay a $44 million fine ...
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Green Dot hit with $44M fine by Fed for mishandling prepaid debit cardsGreen Dot Corp. (NYSE:GDOT) stock slid 6.6% in Friday midafternoon trading after the Federal Reserve Board fined the fintech company $44M for allegedly mishandling of prepaid debit card products ...
The Federal Reserve has issued a cease-and-desist order against Green Dot and fined the prepaid debit card specialist $44 million for unfair and deceptive practices. The Fed, which supervises both the ...
The Federal Reserve Board of Governors fined financial technology and bank holding company Green Dot $44 million for numerous unfair and deceptive practices and a deficient consumer compliance risk ...
Green Dot Bank, an Apple financial partner for Apple Cash and other services, has been fined $44 million by the Federal Reserve over its tax-preparation service. The penalty is unrelated to its ...
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