Any office of Thrift Supervision stated MetaBank had utilized misleading methods into the loan program that is payday.

Any office of Thrift Supervision stated MetaBank had utilized misleading methods into the loan program that is payday.

NetSpend stock offering delayed

Austin-based NetSpend Holdings Inc. has postponed its 200 million-plus stock that is initial as a result of regulatory issues concerning the main provider of this prepaid debit cards NetSpend areas. NetSpend was indeed anticipated to rate the providing Thursday and begin offering stocks to the general public this early early early morning. Analysts had stated the providing will be well-received as a result of NetSpends position within the fast-growing marketplace for prepaid debit cards, by which it really is a provider that is leading. Nevertheless the providing was postponed until a few weeks, in accordance with IPOhome.com, which tracks the marketplace for initial offerings, therefore the Wall Street Journal. Read More