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Netspend Blog

News & Trends

  • Netspend’s Annual One-Day Community Connect Event Gifts Over $30,000 to Unsuspecting Austin Residents

    12/05/2019
    With the holiday season upon us, most U.S. consumers are creating gift lists and hitting the store aisles. However, this time of year proves more financially challenging than cheerful for a significant portion of the population. Despite economic growth and the availability of online financial services, nearly 27% of U.S. households remain unbanked or underbanked, according to the Federal Deposit Insurance Corp. Additionally, even though the poverty rate in the U.S. is slowly improving, the general cost of living it is still a problem in many areas of the country – including Georgia and Texas, home to two of Netspend’s national offices.
  • Popular Scams of 2019 & How to Avoid Them

    11/04/2019
    Phishing, Nigerian letter fraud, and ransomware are scamming tactics that have been used for years, but they’re capturing new victims through an ever-increasing degree of sophistication. This year, phishing – an attempt to get your sensitive information through seemingly trustworthy electronic communications – accounted for 90% of all data breaches, having grown by 65% in just 12 months.
  • Insights from the Netspend Income Volatility Report

    05/21/2019
    May 29, 2019 -- More Americans are grappling with unpredictable incomes. What’s more, they’re doing so without additional support from employers or the financial services industry at large. In surveying more than 2,700 Americans, Netspend found approximately one in five individuals dealt with monthly income fluctuations. However, only 6% of respondents said their employers provide tools to help mitigate financial instability.
  • How Millennials are Not Banking

    07/18/2017
    Often when people think of prepaid card holders, the unbanked and underbanked of America, they think of lower income households. It’s a long-held belief that to save you have to rely on traditional banking, but millennials are looking to disrupt the system. In fact, according to Business Insider, the two youngest adult generations in the US accounted for 80% of prepaid card owners in August 2013. This has led to an increase in prepaid card issuers in recent years offering consumers more choices, meaning it’s easier to find the best prepaid card for your lifestyle.
  • Community Connect 2016

    03/21/2017
    You never really know someone until you walk around in their shoes. That’s why every December, instead of throwing a holiday party for ourselves, we ask every employee to go out and walk in the shoes of our customers. Its part scavenger hunt, part pay it forward, all teamwork and empathy. We call it Community Connect.
  • Introducing the Netspend Blog

    09/15/2015
    It's hard to believe that it's been five years. I've learned a lot in my time here. The most important thing that I have learned is that it's all about you, our customers. I ask my team every day, “What customer problem are we solving?” We stay focused on you, your needs, and your goals because it's your money and your life. We're just here to make it a little easier.