Just as The Bancorp‘s stock was plummeting 30% after the company was hit with a Federal Deposit Insurance Corp. consent order over too-lax anti-money laundering practices in its prepaid card business, the company’s chief executive officer did something unexpected: she bought more company stock. Betsy Z. Cohen, The Bancorp’s CEO, purchasedRead More
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The high-flying Bluebird card from American Express and Walmart claimed the top spot in Consumer Reports’s first ranking of prepaid cards today. Another American Express venture with a retail giant, Target, finished last among the 26 cards surveyed. Bluebird is still a new product, having launched in October 2012. ConsumerRead More
For those of you out of the pop-culture loop — and I count myself among you — Lady Gaga today passed 30 million followers on Twitter. That is the greatest number of followers of anyone on Twitter. This landmark (if you can call it that) got us thinking here aboutRead More