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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.…

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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.…

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UK Retailers to Receive Record Post-Xmas Bonus from Gift Card Sales

£3bn of Gift Cards to be given as Xmas presents this year

Retailers worried about their prospects in 2017 are to receive a welcome post-Christmas bonus thanks to a record year for sales of gift cards and vouchers.

This Christmas, the Prepaid International Forum (PIF), the not-for-profit trade body representing the prepaid financial services sector, predicts that UK present buyers will give friends, colleagues and loved ones an estimated £3bn of gift cards for them to treat themselves.…

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Prepaid Financial Services (PFS) launches prepaid card programme for Samaritan’s Purse to provide financial support to refugees in Greece

London, November 29, 2016 - Prepaid Financial Services (PFS) a leading e-money institution that specialises in prepaid cards and alternative banking services, has today announced the launch of a programme for international relief organisation, Samaritan’s Purse, to provide financial aid to refugees and migrants across Greece.…

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PIF in the News: EBA’s proposals on SCA might harm consumers and PSPs – PIF says

28 November 2016: The Paypers - The Prepaid International Forum (PIF) has joined pan-European initiative to express grave concerns with the European Banking Authority’s proposal to tighten customer authentication for online payments.

The move follows the latest EBA proposed Regulatory Technical Standards on Strong Customer Authentication under PDS2 that introduces disproportionate security requirements to the detriment of consumers, merchants and issuers of prepaid products.…

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PIF in the News: Prepaid International Forum Argues against European Plan for Online Authentication

28 November: Paybefore - The Prepaid International Forum has joined the chorus of criticism of a European plan for new online transaction authentications, following the lead of Visa and other payment industry participants.

The trade group said Nov. 28 that it has signed a letter addressed to Valdis Dombrovskis, the European Commission vice president in charge of financial services, “that outlines the potential harms” of new and stronger online authentication rules.…