Entries by DianeBrocklebank

PIF in the News: Building consumer trust is the biggest Open Banking challenge

Global Banking & Finance Review: Recent data indicates that only three of 10 British adults are willing to hand over access to their financial data to technology companies such as Apple, Google or other third-party applications using their platforms. Amidst a host of other research, this was the key finding from a Prepaid International Forum (PIF) study clearly illuminating the scope of the challenge facing the financial services industry.…

Proposed Gift Card Consumer Protection Legislation welcomed by PIF

In Ireland, moves are being made to strengthen consumer protection around the operation of gift products. These moves have been broadly welcomed by PIF, the European industry voice for regulated prepaid card products.

Mr Niall Collins TD of Fianna Fail has proposed in Dail Eirann (the Irish Parliament) new consumer protection legislation covering the gift card area.…

PIF in the News: European industry group for regulated prepaid card operators welcomes proposed new consumer legislation in Ireland

Irish Times: The European industry group for regulated prepaid card operators has welcomed proposed new consumer legislation in the Republic that would ban short-term expiry dates on gift cards and make the disclosure of terms and conditions mandatory.

Craig James, chairman of the Prepaid International Forum (PIF), welcomed the proposed legislation from Fianna Fáil TD Niall Collins as Ireland moves to strengthen consumer protection around the operation of gift card products.…

DUNEDIN INVESTS IN £44 MILLION FUNDING OF GPS IN UK’S 3RD LARGEST FIN-TECH FINANCING THIS YEAR

  • Investment will accelerate the growth of GPS and drive its international expansion plans
  • GPS is the tech powerhouse behind the most exciting digital banks, challenger banks, fin-techs and financial institutions 
  • This is UK’s largest B2B fintech investment of the year 2018

19 June 2018, Dunedin, the UK private equity house, today announced that it has invested in the £44 million funding of Global Processing Services (“GPS”), the global payments processor and tech powerhouse behind the most exciting digital banks, challenger banks, fin-techs and financial institutions.…

PIF Announces Board Appointments

London, 29 May 2018 – PIF, the not-for-profit industry body representing the prepaid sector, has today announced the appointment of three new members and the reappointment of two existing members to the PIF Board of Directors.

Des Hellicar-Bowman, Chief Compliance Officer at Glint, Paul Swinton, CEO of B4B Payments and Suresh Vaghjiani, Managing Director at Global Processing Services join the board as non-executive directors with immediate effect.…