Hidden in its most recent 10-q, Green Dot reports that use of its cards and of its reload products surged.

Green Dot now has more than 5.5 million active general purpose re-loadable cards. (more…)

The Federal Reserve gave its approval to Green Dot’s acquisition of Bonneville Bancorp on Friday.

Green Dot will pay $15.7 million for Bonneville. The new entity will be renamed Green Dot Bank.

This is a significant event for Green Dot because it will allow them to capture more of the income (more…)

Quietly, Blackhawk Network has been lining up agreements that will have a big impact on how consumers load money on to their prepaid cards.

Earlier in the month, Blackhawk reported that it has reached loading agreements with AccountNow, PreCash, NetSpend, Galileo and Ready Debit.

(more…)

Rumors are circulating that NetSpend (NTSP) will soon be purchased by one of its competitors.

Shares of NetSpend fell below $5 last week. The Federal Reserve has placed an enforcement order upon NetSpend’s largest share holder.

Analysts think that Green Dot and Capital One are the entities most likely to want to bid for their shares. NetSpend (more…)

Green Dot reported some fantastic results on Thursday.

In its 10-q, released on Thursday afternoon, Green Dot revealed incredible growth. More people using their prepaid (more…)