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. ... Read full article
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. ... Read full article
The prepaid card issuer has bounced back from the hit it took after discontinuing a product that proved to be popular with fraudsters. ... Read full article
The Pasadena, Calif., company reported net income of $19.3 million, up from $8 million in the same period a year earlier. ... Read full article
The Pasadena, Calif., firm also reported growth in the number of active prepaid cards for the first time since the second quarter of 2015. Profits rose by 24%. ... Read full article
Jeffrey Osher, who led a bare-knuckle fight last year to oust the prepaid card company’s CEO and chairman, will serve as an adviser to the firm’s board. ... Read full article
The Pasadena, Calif.-based prepaid card issuer expects to gain 750,000 active new cardholders in the deal. ... Read full article
