The Bancorp, which is the rent-a-banking-license for many top fintech ventures, is in danger of being delisted by Nasdaq. Last Friday, The Bancorp [ticker: TBBK] disclosed that it once again missed its deadline for filing its 2014 financial disclosures to Nasdaq. The Bancorp has not released financial information since lastRead More
Post Tagged with: "NetSpend"
You can’t accuse Green Dot of standing still. In the past several weeks, the prepaid-player-turned-bank has added functionality and diversified its channel mix. A mid-March move to increase functionality on its cards and acquire two competitors, came on the heels of a January announcement of two forthcoming credit products. But looming overRead More
Call it the Year of the Prepaid Card. It is estimated that prepaid purchase volume will top $150 billion this year and is expected to grow $45 billion over the next five years, according to Javelin Research & Strategy. Between 2009 and 2012 consumer use of prepaid cards grew 71%. So whatRead More