Special Report: Eighth Annual Underbanked Financial Services Forum

Lenders strive to bring underbanked consumers into financial mainstream.

June 10, 2013
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Paul Bridgewater

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.

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