Torbay and South Devon NHS Foundation Trust appoints PFS to manage its direct payments prepaid card programme

Prepaid Financial Services (PFS), has been appointed by Torbay and South Devon NHS Foundation Trust (TSDFT) to manage a prepaid card programme to distribute funds for social care and health budgets. As part of the programme, PFS will work alongside the Foundation’s direct payments partner, Disability Focus to distribute funds to over 400 service users.…


Red Cross provide prepaid solution to support refugees

Global humanitarian and aid organisation, the International Federation of Red Cross and Red Crescent Societies (IFRC), has selected Prepaid Financial Services Limited (PFS) to provide a cashless management solution for refugees in Greece.

PFS, an established e-money issuer and alternative banking provider with an extensive background in financial solutions for the unbanked, is acting as the issuer of prepaid cards to target beneficiaries under the Hellenic Red Cross and IFRC Cash Transfer Programme (CTP) for people seeking asylum in Greece.…


Wirecard selected as issuer for popular Bread4Scrap programme by Payment Card Solutions

Wirecard and Payment Card Solutions extend partnership with new collaboration

Aschheim (Munich)/Newcastle. Wirecard Card Solutions, a subsidiary of Wirecard AG, collaborates with Payment Card Solutions (PCS) - a leading UK based prepaid Programme Manager to deliver Bread4Scrap (B4S) Prepaid Mastercard, an award winning prepaid programme for scrap metal dealers.…


Raphaels Bank and Faster Payments recognised for Industry Achievement of the Year

Raphaels Bank and the Faster Payments Scheme have kicked off 2017 with a joint award in recognition of the successful project to become the first new participant of the UK’s 24/7 real-time payment service. The payments innovators received the Industry Achievement Award at the prestigious Card and Payments Awards in front of 1,200 industry peers at the Grosvenor House Hotel in London.…


PIF in the News: Top Regulatory Issues in the UK and EU

Paybefore, 01.02.2017 - As the U.S. payments industry looks forward to regulatory relief, experts from the Prepaid International Forum talk about regulatory threats and opportunities for e-money in the U.K. and EU.

European regulators reeling from terrorist attacks in Paris in 2015 and Brussels in 2016, among others, turned their attention to prepaid cards last year, in an effort to crack down on terrorist financing.…


Raphaels Bank appoints Janet Johnston Head of Payment Services

Driving Forward New Innovations in Payments

Building on its award-winning position in the payments sector, Raphaels Bank has confirmed the appointment of Janet Johnston as Head of Payment Services.

Janet brings almost 30 years’ experience in the banking industry, beginning her career in South Africa where she held a number of senior positions in retail banking.…


Paybefore 2017 Pay Awards: Call for Nominations

Paybefore, 4 January 2017: Don’t just say you’re the best in the industry—prove it. Showcase your latest innovations and brilliant people and earn international recognition as a Pay Awards winner. We are accepting nominations for our 11th annual competition in 24 categories, which will be evaluated by respected industry leaders.…