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The Federal Reserve fined Green Dot Corp. $44 million over the firm’s handling of prepaid debit cards and tax preparation payment services. The stock fell as much as 6.1%. Green Dot broke ...
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Apple and Walmart banking partner Green Dot fined $44 million by the Federal ReserveGreen Dot Bank, the tiny state-charted Utah bank behind financial products at some of America’s largest companies—including Apple and Walmart—today agreed to pay a $44 million fine ...
Federal Reserve fines Walmart-linked Green Dot Corp $44 million after customers lost access to funds
Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by the Federal Reserve for "numerous" alleged failures that harmed ...
The Federal Reserve Board of Governors fined financial technology and bank holding company Green Dot $44 million for numerous unfair and deceptive practices and a deficient consumer compliance risk ...
Walmart Inc.'s pre-paid debit card issuer has been fined $44 million for practices that denied some users access to their own money, the Federal Reserve Board said on Friday. Green Dot Corp ...
The Federal Reserve today announced it has fined Green Dot Bank, a partner to Apple and Walmart, for deceptive practices the bank says it stopped years ago. © 2024 ...
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