Total System Services' prepaid unit, Netspend, will pay consumers who bought its cards up to $53 million to resolve a Federal Trade Commission suit alleging that the company misled consumers about ...
Netspend, the prepaid card unit of processor Total System Services Inc. (TSYS), will pay $53 million as part of a settlement it reached with the Federal Trade Commission over allegations concerning ...
AUSTIN, Texas, Feb. 24, 2011 (GLOBE NEWSWIRE) -- NetSpend Holdings, Inc. (Nasdaq:NTSP), a company whose mission is to empower the estimated 60 million underbanked consumers in the United States with ...
Total System Services Inc. is buying debit card provider NetSpend for about $1.4 billion in cash to expand into the fast-growing prepaid card business. The deal will give the payment services company ...
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 ...
NEW YORK (AP) -- Shares of NetSpend rose to a 2-year high Wednesday after the debit card provider agreed to be purchased by Total Systems Services Inc. for about $1.4 billion. THE SPARK: The payments ...
NetSpend Holdings (NTSP) isn’t just a provider of pre-paid cards anymore. The Texas-based company has grown into a broader financial-service enterprise that serves a number of the credit and money ...
Total System Services closed its $1.4 billion acquisition of NetSpend on July 1, in line with its previously disclosed schedule for closing. TSYS will pay NetSpend stockholders $16 per share in the ...
The ads for NetSpend, one of the country's largest providers of prepaid debit cards, promised "immediate access to your funds." But that's not always the case, the FTC charges. In its deceptive ...
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