NetSpend Stealthily Settles FTC Charges Ahead of Fight Over CFPB Prepaid Card Rules

The Georgia company leading the charge against new rules for prepaid cards has agreed to refund $53 million for denying customers’ access to their own money despite ads promising “instant access.” The under-the-radar settlement between NetSpend and the Federal Trade … Continue reading NetSpend Stealthily Settles FTC Charges Ahead of Fight Over CFPB Prepaid Card Rules