Sep 22, 2010 Posted by webmaster@greensheet.com on Sep 22, 2010 in Prepaid | 0 comments

Fifth Third Processing acquires Springbok’s prepaid platform

Cincinnati, Sept. 21, 2010 -- Fifth Third Processing Solutions, LLC, today announced that it has acquired certain assets of Englewood, Colorado based Springbok Services, Inc. The assets were acquired by Fifth Third Processing Solutions in connection with Springbok's Chapter 11 bankruptcy proceeding and include Springbok's cutting edge reloadable prepaid card processing platform. Founded in 1998, Springbok pioneered and advanced the development of full-service, multi-touch prepaid solutions.