Green Dot

Walmart, Green Dot inching MoneyCard closer to banking look-alike


The reloadable debit card resembles a bank account with new high-yield savings account and other tweaks.


How Dan Henry aims to turn Green Dot around


The prepaid card issuer will rely less on promotional marketing and more on its banking charter to drive profits, Henry said in his first public remarks since taking over as CEO in March.


Green Dot hires former NetSpend boss Dan Henry as new CEO


Former NetSpend CEO Dan Henry has been named as the CEO of Green Dot, the Pasadena, Calif.-based prepaid card issuer and banking company.


After leadership shake-up, what's next for Green Dot?


The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say.


Green Dot CEO, a prepaid card pioneer, to step down Dec. 31


Steve Streit is retiring as part of a shakeup in the firm's management ranks. The Pasadena, Calif.-based company that he founded in 1999 has been suffering amid new competition from challenger banks.


Neobanks pose latest threat to prepaid card issuer Green Dot


Earlier this decade, a boom in low-cost prepaid cards undercut the firm's business model. Now the fiercest competition is coming from venture capital-backed startups that offer accounts with no overdraft fees.


Green Dot renews vital card partnership with Walmart


The two companies agreed to continue to collaborate on a prepaid card program until 2027. The deal holds particular importance for Green Dot, which relies heavily on revenue generated at the discount retail giant.


Is Uber Wallet a challenger bank—or something more ambitious?


Uber launched a series of financial services to provide real-time wage payments and enhanced account features in a single app, seemingly putting Uber in the role of a digital bank.


Citizens' AI drive hits a wall — commercial loan processing


An executive at the Rhode Island company said the complexity of business lending remains an obstacle to switching to entirely automated, paperless operations.


Green Dot enlists social media influencers in banking-as-service push


The digital lender and payments platform is tailoring its affinity banking services for a new market.