Some consumers are not able to open a checking account at a bank or credit union to pay their bills or purchase groceries or other items and are forced to rely on using prepaid debit cards. In 2023, ...

(Reuters) - Green Dot Corp's dim outlook is casting a shadow on NetSpend Holdings Inc as rising competition turns the two companies' high-margin prepaid cards into just another piece of plastic.

Netspend, a major issuer of prepaid debit and payroll cards, will pay more than $1 million to settle an accusation by New York’s attorney general that the company froze customers’ bank accounts and ...