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Stock Market & Financial Investment News

News Breaks
January 16, 2013
13:48 EDTGDOT, FDC, NTSPFlorida AG reaches settlements with prepaid debit card companies
Florida Attorney General Pam Bondi’s office announced it has reached settlements requiring reforms to the business practices of five of Florida's prepaid debit card companies, including First Data, Green Dot (GDOT), Net Spend (NTSP). Following an investigation based upon concerns that consumers where not advised of fees and misled by claims that using the cards would build positive credit history, the settlements require the companies to provide notice of fees and prohibits them from making misleading claims about the ability of prepaid debit cards to build positive credit history. Additionally, the companies have agreed to pay $115,000 to the Central Florida Chapter of Junior Achievement. Reference Link
News For GDOT;NTSP;FDC From The Last 14 Days
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May 17, 2013
10:18 EDTGDOTBarclays' IT consulting & computer services analyst holds conference call
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May 15, 2013
06:55 EDTGDOTGreen Dot expects GoBank to be available by July 4
During its presentation at FinovateSpring yesterday, Green Dot's GoBank announced that it expects to be generally available by July 4. GoBank is the first bank account designed specifically for the mobile device, the company said.

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