Bank Talk
Exploring the Finances of the Unbanked

More on NetSpend and TSYS

February 20th, 2013

Will the cultures of NetSpend and TSYS find a fit? TSYS CEO says “We also believe that their culture and mission makes them a great fit for TSYS.” But does a company where accents seem reminiscent of Augusta National really mix with a company based in Austin and led (more…)

   
 
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February 20th, 2013 11:26:04

Bank Notes: Payday Lending in NC, Western Union, White River, NetSpend

February 15th, 2013

Some short notes on how payday lending is coming back to North Carolina, the odd case of the low price for shares in Western Union, White River Capital completes it sale, and highlights from NetSpend’s investor call:

payday in NC could be back: In a reversal of a trend across the country where (more…)

   
 
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February 15th, 2013 15:51:43

Don’t Count Green Dot Out Just Yet

October 12th, 2012

Yesterday I tweeted out my view that Green Dot shares are being punished by an overreaction to the power of the relationship between Wal-Mart and Green Dot.

Well, I have had twenty-four hours to think about what I said, and I still feel that people are wrong about this company.

I understand that Green Dot is going to lose some business from Amex’s Bluebird card, but everyone should be (more…)

   
 
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October 12th, 2012 15:34:43

NetSpend and Liberty Tax Buying Some CASH

August 20th, 2012

Meta Financial Group (ticker: CASH) said that it will sell 1.56 million shares of its common stock to several private investors. While the business community seemed to focus on the fact that the shares were going to be sold at a discount to the current trading price, the bigger story for those within the universe of alternative financial services might be about who is doing the buying. It looks like two of the buyers will be NetSpend (more…)

   
 
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August 20th, 2012 15:50:23

NetSpend Customers Flood CFPB with GPR Comments

August 02nd, 2012

Comments on how the CFPB should approach general-purpose-reloadable prepaid debit cards closed on July 23rd. The comments are available for the public to read on the CFPB’s web site.

It appears that NetSpend customers were aware of the opportunity to comment. At least one referenced an (more…)

   
 
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August 02nd, 2012 11:25:24