Green DotRSS

Green Dot reports net income jump in Q2, touts fintech deals, acquires secured credit portfolio

Green Dot

Green Dot has reported strong numbers for the quarter ended 30 June 2017, including total GAAP revenues of $222.5 million, up from $173.5 million for Q2 2016, representing a year-over-year increase of 28%.

UniRush and Mastercard ordered to pay $13m over RushCard outage

Paying the fine

In its first enforcement action against prepaid providers, the Consumer Financial Protection Bureau (CFPB) has announced that UniRush and Mastercard will pay a combined $13 million for a 2015 service disruption that left cardholders without access to their funds.