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Fed Fines Green Dot $44 Million


Press Releases - Federal Reserve Board

The Federal Reserve Board on Friday took action to address consumer compliance breakdowns by Green Dot, fining the firm $44 million for numerous unfair and ...

US Fed fines Green Dot $44 million for numerous unfair ... - Reuters

The U.S. Federal Reserve announced on Friday it had fined Utah-based Green Dot $44 million for numerous "unfair and deceptive" practices, ...

Federal Reserve fines Walmart-linked Green Dot Corp $44 million ...

Green Dot Corp., a company that partners with Walmart to sell prepaid debit cards at the retail giant, has been fined $44 million by the ...

Fed fines Green Dot $44M over prepaid cards - Payments Dive

The Federal Reserve Board fined Green Dot $44 million on Friday, alleging deceptive practices and a deficient risk management program.

Green Dot agrees to pay Federal Reserve $44 Million to resolve ...

Green Dot agreed to pay $44 million to the Fed to resolve allegations claiming it engaged in UDAPs.

US Federal Reserve fines Green Dot $44 million - FinTech Futures

Digital bank Green Dot has been fined $44 million by the Federal Reserve over multiple alleged failures of US consumer laws and protections.

Federal Reserve Fines Bank for Hidden Tax Prep Fees

... $44 million penalty ... The July 19 order and fine went to Green Dot Corporation, the holding company that owns Utah-based Green Dot Bank.

FRB Enforcement Action Hit Green Dot $44 Million Fine - AML Watcher

The US Federal Reserve Board has penalized Green Dot, a local bank, with a $44 million fine.

Fed fines Green Dot $44 million over unfair practices

The Federal Reserve says the prepaid debit card issuer failed to make key disclosures to customers and had lackluster money laundering ...

Green Dot fined $44M by Fed over compliance deficiencies ...

The Federal Reserve Board of Governors fined financial technology and bank holding company Green Dot $44 million for numerous unfair and deceptive practices.

Apple and Walmart banking partner Green Dot fined $44 million by ...

The Federal Reserve today announced it has fined Green Dot Bank, a partner to Apple and Walmart, for deceptive practices the bank says it stopped years ago.

Fed fines Green Dot $44M - Yahoo Finance

The consent order has been expected since February, when Green Dot revealed that reasonable associated losses could total $50 million.

Green Dot Fined $44 Million by Fed Over Prepaid Debit Cards

The Federal Reserve fined Green Dot Corp. $44 million over the firm's handling of prepaid debit cards and tax preparation payment services.

Fed Fines Green Dot $44 Million, Alleging Unfair Practices

The Federal Reserve Board said it fined Green Dot $44 million for unfair and deceptive practices and a deficient risk management program.

Fed fines Green Dot $44m - Finextra Research

The Federal Reserve has fined Green Dot $44 million for "numerous" unfair and deceptive practices in the marketing, selling and servicing of its prepaid cards.

$44 Million Fed Fine for Green Dot over Sins from "Years Ago"

The Federal Reserve (Fed) has imposed a hefty $44 million fine on Green Dot Corporation, a popular US-based digital bank, citing a litany of ...

US Fed Fines Green Dot $44 Million for Numerous Unfair and ...

WASHINGTON (Reuters) - The U.S. Federal Reserve announced on Friday it had fined Utah-based Green Dot $44 million for numerous "unfair and ...

Fed fines Green Dot $44 million for numerous unfair and deceptive ...

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Apple and Walmart banking partner Green Dot fined $44 million by ...

In a statement published this afternoon the Fed said the fine was for “numerous unfair and deceptive practices and a deficient consumer ...

Federal Reserve fines Walmart-linked Green Dot Corp $44 million ...

Federal Reserve fines Walmart-linked Green Dot Corp $44 million after customers lost access to funds.