Green Dot products from multiple business divisions were honored in
the 2nd Annual Best of FinXTech Awards, the 2017 Pay Awards, and the
2017 PYMNTS Innovator Awards
PASADENA, Calif.--(BUSINESS WIRE)--Apr. 28, 2017--
Green
Dot Corporation (NYSE: GDOT) today announced a series of recent
awards recognizing its innovation in financial technology and consumer
banking.
2017 Pay Awards
Walmart MoneyCard by Green Dot has been chosen by Paybefore judges as a
2017 Pay Awards winner in the Consumer Champion and Change Agent of the
Year categories, and the innovative Walmart Prize Savings program by
Green Dot Bank was selected as a winner in the Best Incentive Program
category. In addition, SimplyPaid by Green Dot was selected as a winner
in the Most Innovative Technology category, while the rapid! PayCard
Payroll Card by UniRush (a Green Dot Company) was chosen as a winner in
the Outstanding Pay Solution category.
Announced by Paybefore on April 26, these all now vie for 2017 Pay
Awards Best-in-Category distinctions, which will be announced in Pay
News the week of June 12. Visitors to Paybefore.com
will have a chance to vote on Best in Category through May 31. The
outcome of this vote will be combined with the judges’ picks to
determine Best-in-Category honorees, all of which will be profiled in
the Pay Magazine – Awards Issue.
Best of FinXTech Awards
The Uber Debit Card from GoBank with its Instant Pay feature won at the
2nd annual Best of FinXTech Awards, which highlights collaborative
efforts between banks and fintech companies working together in a
successful partnership. Announced at a live ceremony that concluded the
FinXTech Annual Summit in New York on April 26, the Uber/Green Dot
collaboration was chosen from a pool of over 100 entrants and 10
finalists.
The Uber Debit Card from GoBank is a mobile-first small business
checking account with a linked debit card. Instant Pay offers drivers
the ability to get paid instantly after each completed fare.
2017 PYMNTS Innovator Awards
The Walmart MoneyCard Prize Savings Program was honored at the 2017
PYMNTS Innovator Awards in the Best Prepaid Innovation Category.
Announced at a live ceremony and awards dinner on March 16, Walmart
MoneyCard was presented with the category’s Silver Medal for the
introduction of the first national and retail offered prize-linked
savings program that provides incentives for building a savings account.
Prize Savings was launched in August 2016 and gives Walmart MoneyCard
cardholders a chance to win monthly prizes as an incentive for stashing
cash in the integrated FDIC-insured Green Dot Bank Savings Vault.
“Green Dot's mission is to reinvent personal banking for the masses. We
do this by using our highly unique and compelling collection of core
assets to solve important consumer problems. For example, all of these
award winning programs utilize our strong and stable bank, our world
class mobile and financial technology prowess, our experienced fintech
product development capabilities and our consumer marketing skills to
bring it all together," said Steve Streit, Founder and Chief Executive
Officer of Green Dot. “We’re honored that our collaborations with such
great companies like Walmart and Uber have been recognized by these
prestigious organizations."
About Green Dot Corporation
Green Dot Corporation, along with its wholly owned subsidiary bank,
Green Dot Bank, is a bank holding company regulated by the Board of
Governors of the Federal Reserve System and the Utah Department of
Financial Institutions. Green Dot is widely recognized as the inventor
of the prepaid debit card industry and is the largest provider of
reloadable prepaid debit cards and cash reload processing services in
the United States. Green Dot is also a leading financial technology
company and the largest processor of tax refund disbursements in the
U.S. through its wholly owned subsidiary, TPG. Green Dot is also a
leading provider of mobile banking with its GoBank checking account sold
at retailers nationwide and through integrated technology partners.
Green Dot's products and services are available to consumers through a
distribution network of more than 100,000 U.S. locations, as well as
online, in the leading app stores and through leading online tax
preparation providers. Headquartered in Pasadena, Calif., it has
additional facilities throughout the United States and in Shanghai,
China.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170428005607/en/
Source: Green Dot Corporation
Media Relations:
ICR for Green Dot Corporation
Brian
Ruby, 203-682-8268
PR@greendot.com
or
Investor
Relations:
626-765-2427
IR@greendot.com