Payments company Rêv Worldwide, in partnership with Searchlight Capital Partners, has completed its $1 billion purchase of Netspend from Global Payments. The all-cash transaction, announced Monday (May 1), puts prepaid card provider Netspend back under the control of founders Roy Sosa and Bertrand Sosa, who...
FinTech company DailyPay launched a general purpose reloadable (GPR) prepaid card and app called Friday that enables employees to receive instant, no-fee, on-demand pay transfers from employers who use the company’s on-demand pay platform called DailyPay. Beyond that, the Friday app enables users to view...
Companies that are looking to launch offices in more countries and serve customers in new markets need to be able to easily pay staff in those locations. The economic downturn caused by the COVID-19 pandemic has made it even more important that firms deliver payroll...
To help unbanked consumers and their families receive economic stimulus funds faster, 7-Eleven Inc. is providing a Trans@ct by 7-Eleven® Prepaid Mastercard®. The U.S. Treasury Department has started sending out the payments, but some individuals might have to wait weeks or months to get them through the...
October 25, 2023
Western Union, a provider of cross-border money movement and payment services, has focused on digital conversion to enhance its services and improve customer experiences. The company’s third-quarter results released Wednesday (Oct. 25), show growth of 3% in its branded digital revenue year over year (YoY) for the quarter ending Sept. 30. During the earnings call, […]
May 01, 2023
Payments company Rêv Worldwide, in partnership with Searchlight Capital Partners, has completed its $1 billion purchase of Netspend from Global Payments. The all-cash transaction, announced Monday (May 1), puts prepaid...
September 07, 2022
FinTech company DailyPay launched a general purpose reloadable (GPR) prepaid card and app called Friday that enables employees to receive instant, no-fee, on-demand pay transfers from employers who use the...
April 16, 2020
To help unbanked consumers and their families receive economic stimulus funds faster, 7-Eleven Inc. is providing a Trans@ct by 7-Eleven® Prepaid Mastercard®. The U.S. Treasury Department has started sending out the payments,...
