Green Dot Corporation
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Green Dot: Shaking Off the Competition
By Mark Holder - May 15, 2013 | Tickers: AMX, GDOT, NTSP
The summary of the Green Dot (NYSE: GDOT) Q1 2013 earnings report had to be that the company was shaking off the increased competition in the prepaid debit card arena. The long-term market leader famously plunged 50%% back in July of last year after forecasting that earnings would be greatly impacted by increased competition primarily from the Bluebird Card via American Express (NYSE: AMX) at Wal-Mart stores.
Ironically, the leading more »
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It's a Bigger Opportunity Than it Seems
By Reuben Brewer - May 11, 2013 | Tickers: GDOT, NTSP, TSS, WU
There's a large swatch of the country that doesn't use banks. These people are a huge market, and The New Yorker recently highlighted why you should be looking for opportunities in the space.
Undocumented Income
One of the big blocs that don't use banks are illegal immigrants. This fact has given the space a bad name. However, it isn't only illegal immigrants that avoid banks. Anyone more »
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Investing in the Prepaid Debit Card Revolution
By Charles Tamburello - May 1, 2013 | Tickers: AXP, GDOT, JNJ, NTSP, NVO, PFE, TSS, WMT
As a nation, we are currently in the midst of remarkable changes in the utilization of payment instruments. Electronic payment in the form of prepaid debit and stored value cards is currently the fastest growing niche in the financial sector. In fact, the number of prepaid card payments increased by 22 percent per year from 2006 through 2009. According to the Mercator Advisory Group, the amount of money placed on more »
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These Companies are Heating Up The Underbanked Niche
By Reuben Brewer - March 21, 2013 | Tickers: GDOT, MGI, NTSP, TSS, WU
The merger agreement between Total System Services (NYSE: TSS) and NetSpend Holdings (NASDAQ: NTSP) shows that serving the underbanked population is heating up. Investors should keep an eye on the niche area.
Prepaid cards
Total Systems Services is best thought of as the “man behind the curtain,” to quote from The Wizard of Oz. The company is the backbone on which other companies provide electronic payment services. It has a more »
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These Companies are Heating Up The Under Banked Niche
By Reuben Brewer - March 19, 2013 | Tickers: GDOT, MGI, NTSP, TSS, WMT, WU
The merger agreement between Total System Services (NYSE: TSS) and NetSpend Holdings (NASDAQ: NTSP) shows that serving the under banked population is heating up. Investors should keep an eye on the niche area.
PrePaid Cards
Total Systems Services is best thought of as the “man behind the curtain,” to quote from The Wizard of Oz. The company is the backbone on which other companies provide electronic payment services. It has more »
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Watch These Stocks at Piper Jaffray's Technology, Media, & Telecommunications Conference
By John Macris - March 12, 2013 | Tickers: T, GDOT, SIRI
Piper Jaffray is hosting its annual Technology, Media, & Telecommunications Conference in New York City on Tuesday, March 12 and Wednesday, March 13. Headquartered in Minneapolis, Piper Jaffray is a leading full-service investment bank and asset management firm.
While lesser known to readers than the largest banks on Wall Street, Piper Jaffray has a sterling reputation. Piper Jaffray Companies trades on the New York Stock Exchange and has a market capitalization more » -
Is Green Dot Cheap Based on the NetSpend Buyout?
By Mark Holder - February 22, 2013 | Tickers: GDOT, NTSP, TSS
After last writing about Green Dot (NYSE: GDOT) as a potential winning stock based on the new mobile banking platform, the stock has crept higher. The leading independent prepaid card provider for the underbanked got a boost on Tuesday after TSYS (NYSE: TSS) agreed to buy NetSpend (NASDAQ: NTSP) for $1.4 billion.
Considering Green Dot is the leader in the sector though only worth $540 million, investors should consider more »
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Tuesday's After-hour Movers: What’s Moving These Stocks?
By Brian Nichols - February 20, 2013 | Tickers: DMD, GDOT, MM, P
Yesterday's after-hours trading had a slew of big-time movers that made their jumps for a variety of reasons. I'm looking at these stocks to determine why each traded with such volatility, hopefully identifying some value in the process.
For Once, this Stock is Trading Higher
After losing more than 50% of its value over the past year, Green Dot (NYSE: GDOT) traded higher by more than 16% during more »
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Benefiting from Immigration, Legal and Otherwise
By Reuben Brewer - February 11, 2013 | Tickers: GDOT, MGI, WMT, WU
Immigration is a highly contentious topic in the United States. While that may seem odd for a nation that is, basically, a country of immigrants, it is the world we live in. Regardless of the issue, however, there are a lot of people on these shores who were not born here. Providing services to them can be a very lucrative niche.
Immigration in America
Since American Indians are the true more »
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Should Investors Bank on Gains with Green Dot?
By Mark Holder - January 17, 2013 | Tickers: AXP, GDOT, WMT |
Green Dot Corp. (NYSE: GDOT), a leading independent prepaid card provider for the underbanked, announced yesterday the launch of the first mobile-focused bank. Will this turn around the prospects of a stock that has been crushed over the last year as fears of new entrants into the prepaid card sector have hurt expectations?
GoBank is designed to be the first bank account focused on being used on a mobile device more »
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A Prepaid Blitzkrieg
By Ramesh Malayappan - December 31, 2012 | Tickers: AXP, COF, C, GDOT, JPM
Recently, I wrote about the enormous effort that American Express (NYSE: AXP) was putting towards popularizing its prepaid card products, which include recently introduced SERVE and BLUEBIRD. I also mentioned that American Express (AMEX) offered a third long standing product which is just a plain AMEX branded prepaid card.
All of these cards appear to share the same “platform,” meaning, they all perhaps use the same database. What that effectively more »
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Here’s Where Insiders Are Stocking up This Holiday Season
By Meena Krishnamsetty - November 27, 2012 | Tickers: D, DUK, GDOT, KSU, AES
Diversification is one of the most important principles of investing, not only for investors themselves but also for company insiders. Since they have a strong economic connection to their company, they are in a way “invested” in it whether or not they actually own shares. So when they do buy shares, it is a signal that they are so confident in the stock that they are willing to ignore the more »
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Serving up "Bluebird" for a Song!
By Ramesh Malayappan - November 12, 2012 | Tickers: AXP, GDOT, JPM, WMT
There is a quiet prepaid card revolution happening out there and American Express (NYSE: AXP) is at its forefront. Long a purveyor of charge cards to the wealthy and well off, this card issuer and bank has slowly but steadily expanded to credit cards and now prepaid cards. American Express operates several businesses which include a travel business, an insurance business and a traditional bank among others. In contrast to more »
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Wal-Mart's Bluebird of Happiness
By John Casteele - October 11, 2012 | Tickers: AXP, EBAY, GDOT, WMT
This past weekend, big-box superpower Wal-Mart Stores Inc. (NYSE: WMT) and credit card giant the American Express Company (NYSE: AXP) released a statement that they would be making a big announcement on Monday. This led to a lot of speculation about a Wal-Mart-branded credit card from American Express, and even theories about credit cards designed with the poor and those with credit problems in mind. In the end, however, the more »
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Pre-Paid Debit Cards: A Changing Landscape
By Jennifer Streaks - September 23, 2012 | Tickers: AXP, COF, DG, GDOT, JPM, USB, WFC
Prepaid debit cards, often sold in drug stores and can be reloaded with cash, are usually marketed to low-income consumers who don't have credit cards or checking accounts.
This is rapidly changing. Just this year, several major financial institutions have come out with their own prepaid debit cards. Leading the way is American Express (NYSE: AXP). With this new product offering, AMEX is hoping that it will appeal to more »
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What Do Hedge Fund Managers See in These Small Caps?
By Meena Krishnamsetty - September 10, 2012 | Tickers: ACI, CSTR, GMAN, GDOT, KSS
Hedge fund activity is an essential indicator for individual investors to follow, as empirical studies have shown that ardent mimickers can beat the market, sometimes by as much as 20 percentage points each year. While funds’ large cap holdings dominate the headlines, it’s equally as important to track the small caps – stocks with market valuations between $250 million and $2 billion. Without further ado, here are four such stocks more »
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Enough Already! Financial Sector Readying for More Fed Regulations
By Tedra DeSue - July 30, 2012 | Tickers: GDOT, JPM, NTSP, WFC
Second quarter earnings for the financial sector were disappointing to say the least, with banks and similar institutions struggling to post revenues that were higher than they were for the same period last year. It’s not surprising that many of them are seeking as many ways as possible to deal with the revenue declines, but a new federal agency may serve to cause much of that revenue to dry more »
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Small Cap Buyout Candidate?
By Chad Henage - June 22, 2012 | Tickers: AXP, BBT, GDOT, NTSP, WMT
Call me a frustrated matchmaker, but where's the love for GreenDot (NYSE: GDOT)? Here is a company that operates in an underserved segment of the financial industry, and I keep seeing banks creating competitive products. You know that an industry is hot when American Express (NYSE: AXP) and people from Russell Simmons to Suze Orman launch their own pre-paid cards. I guess my question is, when will a financial institution wise up and just buy one of the top companies in this field?
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Are These Stocks Value Traps?
By Lee Samaha - April 24, 2012 | Tickers: GDOT, MGI, WU
Western Union(NYSE: WU) and, its rival Moneygram (NASDAQ: MGI) will give results this week. Near term, there maybe some positive profit drivers but thinking further out, I suspect these businesses have the makings of a value trap. This article will focus on Western Union, but much of the issues discussed are equally applicable to MoneyGram or Green Dot (NYSE: GDOT).
The essence of my argument is that the core more »
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Bank Fees and What You Can Do About Them
By Chad Henage - March 15, 2012 | Tickers: GDOT, WFC
Long story short, if you don't like a fee that your bank proposes, ask your banker how you can avoid paying this charge. If there is no way around it and you don't feel like paying the fee, then explore other options. You have at least two other choices beyond your standard bank. Now can we all just agree that banks are not forcing fees down anyone's throat and move on? Let me know what you think in the comments section below.
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