21 October 2014 - Money20/20Europe Designed to be a Eurocentric Global Catalyst Enabling Payments & Financial Services Innovation for Connected Commerce. Download the full press release
14 October 2014 - AUSTIN, Texas - NetSpend, a TSYS® company, announced today that Patrick Brown, Senior Vice President and General Manager for Commercial Prepaid, and Romy Parzick, Head of Customer Impact Initiatives, will both speak at the upcoming PayThink Forum, October 20-22, in Pheonix, Arizona. The theme of this year's conference is "Rethink Payments".
Brown will present during an Industry Innovation Luncheon on Tuesday, October 21, at 12:00 p.m. PST. With industry reports continuing to show greater shifts among consumers from traditional financial institutions to alternative payment options, many companies are following suit in opting for alternative solutions for a wide variety of corporate payments and expenses. Brown, leveraging the insights and expertise of NetSpend, will discuss these market shifts and the growing opportunities for companies to better manage expenses, offer employees an additional meaningful benefit, and grow their business using commercial prepaid products.
Parzick will take part in a panel discussion, titled "Navigating New Frontiers in Prepaid," on Wednesday, October 22, at 10:15 a.m. PST. She will engage in a conversation around the evolution of prepaid cards into increasingly sophisticated financial tools that meet the needs of a variety of consumers. Parzick will also offer her perspective on the future of the prepaid.
The conference will be held at the JW Marriott Desert Ridge in Phoenix, Arizona. For more information, visit: http://www.paymentssource.com/conferences/paythink/ .
At TSYS® (NYSE: TSS), we believe payments should revolve around people, not the other way around. We call this belief "People-Centered Payments®." By putting people at the center of every decision we make, TSYS supports financial institutions, businesses and governments in more than 80 countries. Through NetSpend®, A TSYS Company, we empower consumers with the convenience, security, and freedom to be self-banked. TSYS offers issuer services and merchant payment acceptance for credit, debit, prepaid, healthcare and business solutions.
TSYS' headquarters are located in Columbus, Ga., USA., with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS is a member of The Civic 50 and has been named one of the 2013 World's Most Ethical Companies by Ethisphere magazine. TSYS routinely posts all important information on its website. For more, please visit us at www.tsys.com
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8 October 2014 - PrePay Solutions, the European leader in prepaid services, today announces that it will be providing the payment technology for P&MM’s virtual open-loop card, known as eSpree. P&MM, the industry renowned marketing services company, will be launching eSpree under the umbrella of its existing Spree programme.
E-Spree is a prepaid virtual gift card run on the MasterCard® platform redeemable online, which businesses can use as part of their engagement programmes. Non cash awards can be delivered globally for Incentive, Recognition and promotions. This will enable recipients to instantly redeem their virtual card online without having to wait for a gift card or voucher to be sent or physically issued.
PrePay Solutions first began working with P&MM in 2007, and this new virtual programme is part of the long-standing relationship between the two companies that will contribute to a broad range of new technologies and solutions.
John Sylvester, Executive Director at P&MM, comments:
We are hugely excited to be at the forefront of yet another technological advance. Using virtual prepaid cards across our programmes will enable us to deliver instant, low cost, engaging awards as part of UK and International programmes.
Ray Brash, Managing Director and Chairman, PrePay Solutions, comments:
“This new project with P&MM shows our commitment to further expanding our range of digital products and solutions and underlines the increasing market trend for instant issue virtual cards that can be redeemed online within merchants mobile and ecommerce platforms. P&MM’s virtual card will satisfy this need perfectly, as it is extremely user-friendly and practical.
“Our successful partnership with P&MM is testament to both companies’ teams, processes and strategies and we are looking forward to working on the growth of this project together.”
PrePay Solutions is Europe's leading prepaid services company. It is jointly owned by Edenred, the world leader in prepaid corporate services, and MasterCard Worldwide, Europe’s leading prepaid network. Drawing on more than 10 years experience and the combined strengths of its shareholders, PrePay Solutions delivers excellence in prepaid.
PrePay Solutions offers a range of payment services including Transaction Processing, eWallet provision, Compliance and Fraud Services, Supply Chain management, Customer Services, Marketing and Programme Design.
The company is present in 22 countries and provides services to more than 50 blue chip organisations. It has clients across the retail, corporate, online, mobile, travel, and financial sectors, and delivers prepaid solutions to some of the largest global brands.
020 7440 8674
24 September 2014 - The following article published by Paybefore further points to a covergence of traditional financial services and the prepaid sector. The initial entry of Amex to the sector pointed towards this development but now it and others are recognising the value of their prepaid customers through applying their mainstream rewards schemes to these customers. The industry will see more of this convergence as Prepaid continues its high growth trajectory in the market. http://paybefore.com/top-stories/gpr-issuers-see-positive-results-from-adding-rewards-incentives/
16 September 2014 - Paybefore report from MasterCard Europe's Prepaid Conference in Budapest
15 September 2014 - The Prepaid International Forum (PIF) Summit 2014 takes place on 30 September - 1 October at South Lodge Hotel in West Sussex.
Now in its eighth year this event brings together leading prepaid industry experts and pioneers to discuss and debate crucial industry issues and actions needed to respond.
Regulation, Competition, Education
The PIF AGM & Summit 2014 will address the key themes of:
- Regulation, risk and compliance
- Competition and innovation
- Consumer and stakeholder education
As well as stimulating candid and thought-led debate we will look at practical approaches to the most pressing issues facing the industry. Speakers and panellists include:
- Declan Byrne, Managing Director - UK, Gift Voucher Shop/One4all, Chairman, PIF Public Affairs/Public Relations Committee
- Robert Courtneidge, Global Head of Cards & Payments, Locke Lord LLP, Co-Founder and Director, PIF
- Dr Hartwig Gerhartinger, Legal Counsel, paysafecard, Chairman, PIF AML Working Group
- Alastair Graham, C0-Chairman, PIF Public Affairs/Public Relations Committee
- John Hagy, Chief Legal Officer, MetaBank
- Craig James, CEO, Neopay, Chairman, PIF
- Kate Johnson, Senior Associate, Osborne Clarke, Chairman, PIF Legal & Regulatory Working Group
- Kenn Kern, Chief of Staff of the Investigation Division, New York County District Attorney's Office
- Benjamin May, Partner, ARAMIS Société d'Avocats
- Hannah Nixon, Managing Director, Payment Systems Regulator
- Judith Rinearson, Partner, Bryan Cave LLP
- David Roche, Associate, ARAMIS Société d'Avocats
- Peter Sidenius, Director, Edgar, Dunn & Company
To request a copy of the latest agenda click here
Register now to reserve your place:
PIF Members: Free to attend (2 places per member organisation)
£375 + VAT per person (30-Sept Annual PIF Dinner + 1-Oct PIF Summit)
£275 + VAT per person (1-Oct PIF Summit)
21 August 2014 - One4all is delighted to announce that it has been shortlisted as a finalist for two 'Emerging Payments Awards'.
The Emerging Payment Awards, incorporating Prepaid Awards, were created in 2008 to recognise the significant and commercial achievements in the prepaid sector.
Now in its seventh year, the awards celebrate the evolution of prepaid into emerging payments.
One4all has been shortlisted in the 'Best Prepaid Card or Packaging Design UK' category for its 'Personalise My Card' offering and in the 'Best Prepaid Marketing Campaign UK' category for its BBC Children in Need campaign.
The 'Personalise My Card' product is the first to market in Europe and is changing consumer's perceptions, habits and buying behaviour within the gift card market.
The One4all 'Personalise My Card' product capitalises on online personalisation and, with the recent launch of the html 5 version of the service, it enables One4all to take advantage of the increasingly popular trend of social gifting.
The launch of the bespoke online product has led to growth of sales in the UK web channel by 79% since March 2014. The company has also seen a rise in the average value load for the product of 82% in the UK.
One4all's campaign with BBC Children in Need involves the company working with the Post Office through offering a unique Christmas themed Pudsey One4all Gift Card. Following on from the success of its inaugural launch in 2013 the card will go on sale in November 2014 and will be on sale in 11,500 post offices nationwide.
Winners of the Emerging Payments Awards will be announced on October 23rd at an awards ceremony at the Lancaster Hotel, in London.
Declan Byrne, Group Director at One4all says, "It's fantastic that One4all has been shortlisted for two awards, at one of the most prestigious award ceremonies in the prepaid industry. It signifies the growth of the One4all brand and the increase in demand by consumers for convenient and thoughtful gifting options. "
Notes to Editors:
One4all Rewards is the corporate division of GVS, the creators of the One4all multi-store Gift Card sold throughout the Post Office network in the UK and Ireland. The company work with over 6,000 businesses of all sizes to transform employee and customer relationships, recognising what motivates and inspires people is very individual. Choice empowers people to do what is important to them which is why their products are instrumental in transforming relationships.
All products have been created to provide the ultimate choice, whether it's a flexible employee benefit like One4all Christmas Club, a customer loyalty scheme with the reward of an individually customised One4all Gift Card or an ongoing employee incentive scheme delivered through the reloadable One4all Reward Card.
The end result of the choice offered by any of One4all Reward's products will be very personal to the individual. This will be what a business will be remembered for and what is key in transforming relationships.
One4all are ISO accredited and have received great recognition throughout their ten years of trading, the most recent being overall Winner of "Best Prepaid Marketing Campaign" at UK Prepaid Awards 2014 and overall category winner 'Prepaid with Soul' in the 2014 Worldwide Paybefore Awards.
6 August 2014 - Money 20/20 Announces the 'Money20/20 Hackathon'
22 July 2014 - Locke Lord LLP has published an update on where the European Commission’s proposed second Payment Services Directive (PSD2) and Regulation on interchange fees for card-based payment transactions (MIF Reg) are in the European legislative process. More...
21 July 2014 - Prepaid International Forum (PIF) in reponse to strong industry demand has created a one day training workshop for PIF members and all interested parties.
This highly interactive workshop is designed to provide participants with a good working understanding of the prepaid sector; the contributors that make up its infrastructure, from issuers to ID suppliers to card manufacturers; and the rules and regulations which govern the environment.
Date: Thursday 11 September 2014 Location: Central London Duration: 1 Day
WHO WILL THE WORKSHOP BENEFIT?
- Staff with fraud, risk and compliance duties who are new to the industry
- Staff performing other business functions, e.g. finance, sales & marketing, who may be new to the industry and would benefit from a working understanding of the sector
- Individuals or organisations interested in working in the sector
- Individuals or organisations outside the sector who want to gain an understanding of the industry
Part 1 - The Prepaid Value Chain An introductory overview of how prepaid works in the real world
- Industry participants including issuers, processors and card schemes
- How the component parts come together to create the value chain
- Benefits to consumers and suppliers
- Case studies
Part 2 - Regulatory Environment A general overview of the current regulatory environment within the European Union and how relevant legislation is communicated and enforced, including:
- Background of Payment Services Regulations, E-Money Regulations and related Directives
- Regulatory structure within the EU
- Responsibilities of a regulated business
- Financial Conduct Authority (FCA) involvement and interaction
Part 3 - Corporate Governance and Senior Management Systems & Controls A breakdown of the required structure, controls, oversight and reporting a regulated business must have in place, including:
- Organisational framework
- Reporting requirements & communication with the FCA
- Control structure requirements and oversight
- Risk management
Part 4 - Financial Crime A summary of the current legislation regarding financial crime and the related regulatory requirements, including:
- Overview and implementation of required controls
- Relevant legislation:
- Anti-Money Laundering
- Data Protection Act
- Treating Customers Fairly/Complaints Handling
- Statutory training obligations in a regulated business
Highly respected within the e-money and payments markets, Joy has over 20 years experience within financial services, specialising in fraud, AML and risk. She has a passion for engaging others on these issues and guiding them to success and understanding and, through this, has gained a reputation for providing practical advice and solutions to businesses in these sectors.
Having worked for a UK bank in their Financial Crime Unit and Group Compliance, Joy moved to Head of Financial Crime and Compliance/MLRO for one of the UK's leading prepaid card programmes, successfully supporting their programme managers and growth for six years before joining Neopay.
She has specific expertise in AML obligations (UK/European) and the UK regulatory framework as well as AML training compilation and delivery and, as such, she has led AML Workshops to Crime Prevention Agencies and been a speaker at various events for BSA; ID providers and monitoring system providers.
Joy has worked both as an external advisor and within successful e-money businesses running their compliance and risk function. She has extensive understanding of business requirements in the implementation and integration of compliance.
WORKSHOP PRICING & REGISTRATION
£295 + VAT per person. PIF members qualify for one free place for every paid place.
To book a place on this workshop please contact email@example.com or call us on +44 (0) 7736 971986 for further details. Due to the interactive nature of this workshop places are limited.
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