Latest news with #ChrisRuppel
Finextra
06-05-2025
- Business
- Finextra
Green Dot to add P2P features to Samsung Wallet
Green Dot Corporation (NYSE: GDOT) today announced a new partnership with Samsung Electronics to add new features and functionality to Samsung Wallet, the secure, go-everywhere app for conveniently using and organizing daily essentials. 0 Leveraging Green Dot's comprehensive and configurable embedded finance platform, Arc, Samsung Wallet's U.S. users will soon have access to Tap to Transfer, a peer-to-peer (P2P) tool enabling users to quickly transfer funds within minutes3 from Samsung Wallet to other digital wallets or contactless debit cards, with additional features and functionality planned. 'We are thrilled to partner with Samsung to bring seamless and affordable financial services to their Samsung Wallet users, starting with Tap to Transfer, with more value-driven and user-focused innovations to come,' said Chris Ruppel, Interim President, Green Dot. 'Samsung's long history of innovation has established them as a powerful player in financial technology, and we look forward to growing the Samsung Wallet product with them through the power of our Arc platform for years to come.' Arc is the embedded finance platform of services featuring all of Green Dot's secure banking and money processing capabilities designed to fuel value, loyalty and growth for consumers and businesses. Arc by Green Dot powers some of the world's most trusted brands and thousands of other businesses with seamless, secure and useful financial tools and experiences. Integrated with Green Dot Bank, Arc provides partners with leading FDIC-insured banking products and tools, plus regulatory and compliance expertise, oversight and support. The Arc platform is cloud-based, modular and scalable by design - configurable to meet a wide range of business needs and goals, and flexible to adapt as our partners grow. Arc's end-to-end banking services are powered by enterprise-grade APIs and offer partners access to comprehensive customer support, fraud protection, the largest retail deposit and ATM network in the U.S., and much more. For more information, visit 'Our partnership with Samsung presents an enormous opportunity to bring convenient and instant peer-to-peer payments to Samsung's vast user base,' said Crystal Bryant-Minter, SVP, Money Movement, Green Dot. 'It also exemplifies Arc's potential to power leading brands with seamless, secure financial experiences that deliver real value to everyday consumers.' Samsung Pay allows users to tap to pay with Samsung devices anywhere near-field communication (NFC) is available, making in-store payments quick and secure and also allowing in-app and online purchases at participating merchants. Tap to Transfer expands payment options available to Samsung Wallet users by enabling P2P transfers not only between Samsung Wallet, but also third-party tokenized NFC card-based wallets like Apple Wallet® or Google Wallet™ and any other contactless chip-enabled debit card. Samsung Pay, a service within the Samsung Wallet app, is a quick, easy and secure way for users to organize and access important documents and identifications - from bank cards and digital keys to travel passes, driver's licenses and student IDs - with just one swipe. The Samsung Wallet platform is protected by Samsung's security platform, Samsung Knox, which includes fingerprint recognition and encryption to make sure users' important data are protected. As Samsung continues to collaborate with Green Dot and leverage the support of its scalable and configurable integrated Arc platform, the capabilities of Samsung Wallet will continue to grow.
Yahoo
06-05-2025
- Business
- Yahoo
Green Dot Announces Partnership with Samsung to Introduce New Samsung Wallet Features
Powered by Green Dot's embedded finance platform, Arc, Samsung Wallet's nearly 12 million U.S. users will gain "Tap to Transfer" peer-to-peer functionality, with more features to come PROVO, Utah, May 06, 2025--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) today announced a new partnership with Samsung Electronics to add new features and functionality to Samsung Wallet1, the secure, go-everywhere app for conveniently using and organizing daily essentials. Leveraging Green Dot's comprehensive and configurable embedded finance platform, Arc, Samsung Wallet's U.S. users will soon have access to Tap to Transfer2, a peer-to-peer (P2P) tool enabling users to quickly transfer funds within minutes3 from Samsung Wallet to other digital wallets or contactless debit cards, with additional features and functionality planned. "We are thrilled to partner with Samsung to bring seamless and affordable financial services to their Samsung Wallet users, starting with Tap to Transfer, with more value-driven and user-focused innovations to come," said Chris Ruppel, Interim President, Green Dot. "Samsung's long history of innovation has established them as a powerful player in financial technology, and we look forward to growing the Samsung Wallet product with them through the power of our Arc platform for years to come." Arc is the embedded finance platform of services featuring all of Green Dot's secure banking and money processing capabilities designed to fuel value, loyalty and growth for consumers and businesses. Arc by Green Dot powers some of the world's most trusted brands and thousands of other businesses with seamless, secure and useful financial tools and experiences. Integrated with Green Dot Bank, Arc provides partners with leading FDIC-insured banking products and tools, plus regulatory and compliance expertise, oversight and support. The Arc platform is cloud-based, modular and scalable by design – configurable to meet a wide range of business needs and goals, and flexible to adapt as our partners grow. Arc's end-to-end banking services are powered by enterprise-grade APIs and offer partners access to comprehensive customer support, fraud protection, the largest retail deposit and ATM network in the U.S., and much more. For more information, visit "Our partnership with Samsung presents an enormous opportunity to bring convenient and instant peer-to-peer payments to Samsung's vast user base," said Crystal Bryant-Minter, SVP, Money Movement, Green Dot. "It also exemplifies Arc's potential to power leading brands with seamless, secure financial experiences that deliver real value to everyday consumers."
Business Wire
06-05-2025
- Business
- Business Wire
Green Dot Announces Partnership with Samsung to Introduce New Samsung Wallet Features
PROVO, Utah--(BUSINESS WIRE)--Green Dot Corporation (NYSE: GDOT) today announced a new partnership with Samsung Electronics to add new features and functionality to Samsung Wallet 1, the secure, go-everywhere app for conveniently using and organizing daily essentials. Leveraging Green Dot's comprehensive and configurable embedded finance platform, Arc, Samsung Wallet's U.S. users will soon have access to Tap to Transfer 2, a peer-to-peer (P2P) tool enabling users to quickly transfer funds within minutes 3 from Samsung Wallet to other digital wallets or contactless debit cards, with additional features and functionality planned. 'Samsung's long history of innovation has established them as a powerful player in financial technology, and we look forward to growing the Samsung Wallet product with them through the power of our Arc platform for years to come.' - Chris Ruppel, Green Dot Share 'We are thrilled to partner with Samsung to bring seamless and affordable financial services to their Samsung Wallet users, starting with Tap to Transfer, with more value-driven and user-focused innovations to come,' said Chris Ruppel, Interim President, Green Dot. 'Samsung's long history of innovation has established them as a powerful player in financial technology, and we look forward to growing the Samsung Wallet product with them through the power of our Arc platform for years to come.' Arc is the embedded finance platform of services featuring all of Green Dot's secure banking and money processing capabilities designed to fuel value, loyalty and growth for consumers and businesses. Arc by Green Dot powers some of the world's most trusted brands and thousands of other businesses with seamless, secure and useful financial tools and experiences. Integrated with Green Dot Bank, Arc provides partners with leading FDIC-insured banking products and tools, plus regulatory and compliance expertise, oversight and support. The Arc platform is cloud-based, modular and scalable by design – configurable to meet a wide range of business needs and goals, and flexible to adapt as our partners grow. Arc's end-to-end banking services are powered by enterprise-grade APIs and offer partners access to comprehensive customer support, fraud protection, the largest retail deposit and ATM network in the U.S., and much more. For more information, visit 'Our partnership with Samsung presents an enormous opportunity to bring convenient and instant peer-to-peer payments to Samsung's vast user base,' said Crystal Bryant-Minter, SVP, Money Movement, Green Dot. 'It also exemplifies Arc's potential to power leading brands with seamless, secure financial experiences that deliver real value to everyday consumers.' Samsung Pay allows users to tap to pay with Samsung devices anywhere near-field communication (NFC) is available, making in-store payments quick and secure and also allowing in-app and online purchases at participating merchants. Tap to Transfer expands payment options available to Samsung Wallet users by enabling P2P transfers not only between Samsung Wallet, but also third-party tokenized NFC card-based wallets like Apple Wallet® or Google Wallet™ and any other contactless chip-enabled debit card. Samsung Pay, a service within the Samsung Wallet app, is a quick, easy and secure way for users to organize and access important documents and identifications – from bank cards and digital keys to travel passes, driver's licenses and student IDs – with just one swipe. The Samsung Wallet platform is protected by Samsung's security platform, Samsung Knox, which includes fingerprint recognition and encryption to make sure users' important data are protected. As Samsung continues to collaborate with Green Dot and leverage the support of its scalable and configurable integrated Arc platform, the capabilities of Samsung Wallet will continue to grow. About Green Dot Green Dot Corporation (NYSE: GDOT) is a financial technology platform and registered bank holding company that builds banking and payment solutions to create value, retain and reward customers, and accelerate growth for businesses of all sizes. For more than two decades, Green Dot has delivered financial tools and services that address the most pressing financial needs of consumers and businesses, and that transform the way people and businesses manage and move money. Green Dot delivers a broad spectrum of financial products to consumers and businesses through its portfolio of brands, including: GO2bank, a leading digital and mobile bank account offering simple, secure and useful banking for Americans living paycheck to paycheck; the Green Dot Network ('GDN') of more than 95,000 retail distribution and cash access locations nationwide; Arc by Green Dot, the single-source embedded finance platform combining all of Green Dot's secure banking and money processing capabilities to power businesses at all stages of growth; rapid! wage and disbursements solutions, providing pay card and earned wage access services to more than 7,000 businesses and their employees; and Santa Barbara Tax Products Group ('SBTPG'), the company's tax division, which processes more than 14 million tax refunds annually. Founded in 1999, Green Dot has managed more than 80 million accounts to date both directly and through its partners. Green Dot Bank 4 is a subsidiary of Green Dot Corporation and member of the FDIC. For more information about Green Dot's products and services, please visit
Yahoo
27-02-2025
- Business
- Yahoo
One Green Dot Insider Raised Stake By 48% In Previous Year
Viewing insider transactions for Green Dot Corporation's (NYSE:GDOT ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders in relation to shares sold. While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether. View our latest analysis for Green Dot In the last twelve months, the biggest single purchase by an insider was when Chief Revenue Officer Chris Ruppel bought US$299k worth of shares at a price of US$9.16 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$8.48). While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock when an insider has bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Chris Ruppel was the only individual insider to buy during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Insiders own 1.4% of Green Dot shares, worth about US$6.6m, according to our data. Overall, this level of ownership isn't that impressive, but it's certainly better than nothing! There haven't been any insider transactions in the last three months -- that doesn't mean much. On a brighter note, the transactions over the last year are encouraging. While we have no worries about the insider transactions, we'd be more comfortable if they owned more Green Dot stock. Therefore, you should definitely take a look at this FREE report showing analyst forecasts for Green Dot. Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
