Monday, December 23, 2013

1 Company Still Feeding Off of Wal-Mart

Oddly, Green Dot (NYSE: GDOT  ) spent the last year trying to counteract large competition from American Express (NYSE: AMX  ) at top customer Wal-Mart Stores  (NYSE: WMT  )  only to end up more entangled with the top retailer. While the largest provider of prepaid debit cards has successfully survived the onslaught of new prepaid competitors, Green Dot hasn't progressed at all in de-linking itself from Wal-Mart.

Read the full article here.


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