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Feds raid alleged Chinese 'birth tourism' operations in California

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Green Dot is targeting the 'unhappily banked' for its prepaid cards
Green Dot is targeting the 'unhappily banked' for its prepaid cards

Steven W. Streit says he doesn't have anything against traditional banks. He's just happy to take away their customers. Streit, a former radio disc jockey, is chief executive of Green Dot Corp., best known for its prepaid reloadable debit cards. Green Dot also provides banking services with its GoBank mobile bank account. Products include Green Dot MasterCard and Visa prepaid debit cards as well as co-branded prepaid card programs. It also offers Visa-branded gift cards. The Pasadena company's Green Dot Network lets consumers use cash to reload the prepaid debit cards or to transfer cash to any of the network's members, which include competing prepaid card...

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