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 ...

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 2021, ...

Global Payments Inc is exploring a sale of its Netspend unit, aiming to secure a valuation of more than $2 billion for the prepaid debit card business, three people familiar with the matter said on ...