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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.…

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EBA’s proposals on Strong Customer Authentication under PSD2 will “have a wider and chilling effect on the Digital Single Market”

PIF joins pan-European initiative to express grave concerns with the European Banking Authority’s proposal to tighten customer authentication for online payments

Latest EBA proposal introduces disproportionate security requirements to the detriment of consumers, merchants and issuers of prepaid products

LONDON (28 November, 2016) – The Prepaid International Forum (PIF), the not-for-profit trade association for the prepaid financial services sector, has today added its signature to a letter to Vice-President Dombrovskis at the European Commission that outlines the potential harms the EBA’s proposed Regulatory Technical Standards on Strong Customer Authentication under PDS2 will have on both consumers and payment services providers.…

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PIF in the News: The Spectator Money Digest

The Spectator: As companies plan their Christmas bonuses, new research may cause a rethink of who should get a bit extra in their December pay packet.

According to a study of 1,000 UK workplaces conducted by the Prepaid International Forum, the not-for-profit trade body representing the prepaid financial services sector, read more