US Federal Reserve fines digital bank Green Dot $44 million over “unfair and deceptive practices”
Green Dot has been anticipating the arrival of the consent order since February.
Green Dot has been anticipating the arrival of the consent order since February.
The new CPO will head product design and team development for the Texas-based fintech.
Green Dot says the consent order relates “principally to various aspects of compliance risk management”.
Green Dot will facilitate all banking services for Dayforce Wallet customers in the US.
Harden has served as the bank’s SVP of product development since February 2022.
Former Green Dot employee wants to foster financial literacy and equality in the US.
US financial services platform to launch mobile-first banking.
Green Dot Corp. reported strong numbers for the quarter ended June 30, 2017, including a 140 percent increase in GAAP net income to $19.3 million, up from $8.0 million over Q2 2016.
Nearly a decade after jumping from the public to the private sector, Green Dot’s Jeff Ross remains as enthused as ever by the new challenges and complexities he faces every day as compliance head for one of the biggest players in an industry with a constantly shifting regulatory landscape and technology that’s advancing at a breakneck pace.
It’s official: Green Dot will spend at least $167 million to buy UniRush.