Green Dot

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

12/26/19

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.

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

12/19/19

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.

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Neobanks pose latest threat to prepaid card issuer Green Dot

11/08/19

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.

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Green Dot renews vital card partnership with Walmart

10/29/19

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.

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

10/28/19

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.

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Citizens' AI drive hits a wall — commercial loan processing

03/20/19

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

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

03/12/19

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

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Forget cash, this debit card offers 'stock back'

03/12/19

The rewards card offered by the fintech Stash will let users accumulate stock of companies at which they frequently shop. The company said Tuesday that it has raised $65 million from investors and will offer the card in partnership with Green Dot.

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Green Dot's profits surge on higher swipe fees, purchase volume

02/20/19

The results suggest that consumers who buy Green Dot cards are using them with greater frequency or for longer periods of time than they have in the past.

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Green Dot's mobile growth distances it from its prepaid reputation

05/09/18

The prepaid card issuer is attracting customers who are more inclined to seek it out through the app store.

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