Paul Bridgewater (left) says his electronic transactions company, TSYS, purchased the prepaid debit cards provider Netspend earlier this year to “move closer to the consumer.”
He foresees expanding the use of Netspend from an underbanked market into traditional markets as a backup credit card.
Likewise, Netspend CEO Dan Henry says TSYS has relationships with traditional financial institutions that represent partnership opportunities for Netspend.
Kimberly Gartner, CFSI’s senior vice president for advisory services, moderated.
WASHINGTON (5/4/15, UPDATED 1:45 p.m. ET)--Building on the success credit union advocates are having in getting data breach legislation introduced in the U.S. Congress, today CUNA launches a new call to action to garner support for the recently introduced House Data Security Act of 2015 (H.R. 2205).