Entries by DianeBrocklebank

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.…

PIF: TSB Crisis Doubles the Number of Small Businesses Questioning the Value of Banks

16 May 2018 - As the latest crisis to hit the banking sector saw TSB’s business customers struggling to access accounts or even pay HMRC by the quarter’s VAT deadline, the number of SMEs considering alternative options to the traditional big banks has more than doubled

Research of 500 small and medium business owners, commissioned by Prepaid International Forum (PIF), the not-for-profit trade body representing the prepaid financial services sector, found that just under a fifth (18%) are actively considering financial products and services from a new wave of providers using prepaid platforms.…

The Direct finance Card gives companies direct overview and control over all employee expenses in real-time

  • Employees across the whole company can use the Direct Card for business expenses anywhere in the world – including trips, instore and online purchases
  • Direct Card can be used anywhere where Mastercard® is accepted
  • It can be provided as an individual card to each employee or as a single card that teams can share
  • Provides Financial Directors and company accountants with a direct overview and control over all company expenses
  • The solution has already been adopted by companies such as Ogilvy, HRG, AlgoTech, ŠKODA Auto, HYUNDAI Motor Manufacturing Czech s.r.o.