Campus Cards, College and University Identification and Security

Report: Higher One seeking buyout

Friday, August 3, 2012

Higher One Holdings is seeking a buyer and has contacted private-equity firms, said three people with knowledge of the discussions, according to a Business Week report.

Higher One is using Goldman Sachs Group to canvass potential buyers, said the people, who spoke on condition of anonymity because the matter is private.

Ken Goff, a Higher One spokesman, said it’s the company’s policy not to comment on “rumor or speculation.”


In May, the U.S. Public Interest Research Group said in a report that campus debit-card programs sometimes charge fees that are “unnecessary and unfair” and that the companies use “aggressive” marketing.

Earlier this week, Higher One released a statement that it aims to make its checking account fees and terms more transparent and simpler for consumers to understand and that it would follow recommendations made by the Pew Charitable Trust that calls for financial institutions to standardize their disclosure forms.

Read more here[end] 

A study has revealed a clear need for greater and more differentiated financial literacy education in the K-12 environment.

The “Money Matters On Campus” report, now in its second-year, polled some 65,000 first-year college students across the country. In addition to the need for an early financial understanding, survey results indicate that colleges and universities should provide financial education at the onset of a student’s college experience to better ensure that students will make sound financial decisions later on. The study was conducted by Higher One and education technology specialist EverFi.

read more »

Regulatory action is being proposed in the campus-banking sector, with the U.S. Department of Education releasing its first draft of regulations on campus debit cards that will effectively prohibit certain fees, constrain marketing practices and institute transparency regarding the college-card provider relationship.

read more »

AVISIAN Publishing is pleased to announce the release of the interactive version of the spring 2014 issue of CR80News.

The interactive feature allows for a miniature mode that you can thumb through as well as a full screen mode that allows you to read the magazine as if it were sitting in front of you. Even flipping the pages looks great with this new feature.

read more »

Banking partnerships and financial aid delivery under scrutiny

Zack Martin, Editor, Avisian Publications

In February 2014, the General Accountability Office released a report on debit and prepaid card programs on college campuses, urging the U.S. Congress and Department of Education to take action.

read more »

Be first to comment...
Comment on this article

Your full name and URL will be displayed with your comment.

Your email is not shown or shared, and is used only for your Gravatar image.




characters left.