Fall is around the corner and prepaid card issuer Green Dot, which is the regulated bank partner for Apple Pay, has updates on Apple’s P2P money transfer service that will launch in the coming months.
In their earnings call for the second quarter ended in June 30, Green Dot CEO Steven Streit updated investors on developments on this partnership. He also warned investors not expect to see any material impact Green Dot’s financials for the rest of the year as a result of that partnership.