Prepaid Innovation Gets Fresh Attention

PIF Innovation Day: Fast-Growing Prepaid Market Offers Rewards, Risks

Source: Paybefore

New growth estimates for prepaid are encouraging to say the least, but providers gathering in London for the Prepaid International Forum’s annual Innovation Day said the industry must remain focused on compliance and the customer proposition to safeguard its success.…

Prepaid International Forum announces third Innovation Day

The future of banking and new technology take centre stage for industry forum

The Prepaid International Forum (PIF) has announced the details of its annual Innovation Day on 11th May 2017 to be held in central London.

The event which is in its third year, was created to highlight how the latest innovations in the prepaid sector are fuelling its growth as an effective and fast-growing alternative to traditional financial services products.…

W2 Global Data secures new co-investment

W2, a provider of SaaS, B2B software solutions and data services, has secured a series A investment. The investment is for growth capital to fund the expansion of its sales, marketing and technical capability in the UK and international markets.

W2 Global Data (W2), which provides a range of Software as a Service (SaaS) products for the Know Your Customer (KYC), Anti Money Laundering (AML) and fraud prevention due diligence markets, has received Mercia Fund Management’s largest ever Growth Fund investment and a substantial follow on investment from Finance Wales.…

PIF: ‘Frictionless’ Brexit Key to FinTech Sector’s Success in UK and EU

29 March 2017 - The Fintech sector has called for a ‘frictionless’ Brexit deal for its sector, highlighting how this is in the best interests of both the UK and the EU.

The Prepaid International Forum (PIF), the not-for-profit trade association for the prepaid financial services sector, is advising Theresa May and the UK’s Brexit negotiators, that a scenario where barriers to trade are strictly enforced in the financial markets, especially in the fast-growing financial technology sector, is a ‘no-win’ game.…

London’s shared service alliance of Hammersmith & Fulham, Kensington and Chelsea, and City of Westminster appoints Prepaid Financial Services (PFS) to manage its direct payments prepaid card programme

Prepaid Financial Services (PFS), has been appointed by shared service alliance of local authorities (Hammersmith and Fulham, Kensington and Chelsea, and City of Westminster) to manage a prepaid card programme for all social care service users who are in receipt of a direct payment.…