Green Dot is still in discussions with the Fed on the proposed consent order, the company said. Spokespeople for the Fed and Green Dot had no further comment.

The Green Dot-related order, which has not been finalized, involves activities and practices that date back to 2017, according to Green Dot CEO George W. Gresham, who became chief executive in 2020.

Green Dot Bank, which partners with Walmart to provide digital banking services, said it has received a proposed consent order from the Federal Reserve over allegedly faulty consumer protection ...

Green Dot has acknowledged the deficiencies identified by the Federal Reserve and is taking significant measures to comply with the requirements set forth in the consent order.

Financial technology firm Green Dot Corp. estimated a pending consent order with the Federal Reserve Board will require a payment of between $20 million to $50 million.

Green Dot entered into a consent agreement with the Fed, agreeing to the terms of the order and waiving its right to challenge it. Along with the fine, the company has also agreed to bring in a third ...

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 Federal Reserve for "numerous" alleged failures that harmed ...

Additionally, the civil money penalty and related expenses associated with Green Dot's consent order previously disclosed are expressly excluded from its non-GAAP measures and related financial ...

In summary, Green Dot is unloved, and I think at an inflection point to organic growth due to new customer wins. The business units have strong market positions and the one-off declines are now ...

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 Federal Reserve for "numerous" alleged failures that harmed ...