17 million Brits ready to pay with wearable devices

Overwhelming success of contactless cards peaks shopper demand for wearable payments

February 22, 2018 – One quarter (26%) of British shoppers expect to start using “tap and go” contactless payments with a smartwatch, bracelet, keyring or other forms of wearable payments, according to new figures from Mastercard.…

A Third of Customers Ready to Trust Tech Companies with their Bank Account

Just under a third of UK adults (30%) would be happy to sign over access to their financial data to trusted tech companies such as Apple, Google or third-party apps using such platforms, a study has revealed.

The research* by the Prepaid International Forum (PIF), the not-for-profit trade body representing the prepaid financial services sector, has been revealed following the start of ‘open banking’ in the UK.…

PIF welcomes Compass Plus to membership

Another growth boost for PIF as innovative payment solutions provider joins the Prepaid International Forum 

London, 13 February 2018 -  The Prepaid International Forum (PIF), the not-for-profit industry body representing the prepaid sector, today announced Compass Plus, an international provider of retail banking and electronic payments software for processors and financial institutions, as its latest member.…

PrePay Solutions Cracks Open New Partnership with Challenger Bank Coconut

The collaboration has created a full-service bank account that combines banking and accounting for freelancers, self-employed people and small businesses.

7th February 2018, London, UK – PrePay Solutions (PPS), Europe’s leading prepaid and digital banking  specialist, has partnered with new business bank account provider, Coconut, to enable the delivery of  an app-based account that uniquely manages tax and expenses for freelancers and self-employed people.…

Their Perfect Gift Card issued by Wirecard wins the award for the Best Prepaid Card Programme

05 February 2018 - Their Perfect Gift Card issued by Wirecard has won the award for the Best Prepaid Card Programme. The award was announced at the 2018 Cards & Payments Awards held at The Grosvenor House Hotel last week.

This year Wirecard entered with ‘Their Perfect Gift’ and nominated their Mastercard Gift Card programme.

Global Processing Services selected to be part of the UK Fintech delegation to Austria and Switzerland

Switzerland and Austria to host its annual UK Fintech Mission

London, 5th February 2018: Her Majesty’s Swiss Government is delighted to announce the third UK Fintech Mission to Switzerland which, because of its past success, this year encompasses both the Austrian and Swiss markets. …

TSYS Appoints Kelley Knutson as President of Netspend

26 January 2018 - Today, TSYS, a leading global payments solutions provider across the issuing, merchant and prepaid industries announced it has appointed Kelley Knutson as Senior Executive Vice President of TSYS and President of Netspend, a leading provider of prepaid debit cards for personal and commercial use.…

PIF in the News: Prepaid cards delivering dividends for councils

Local Government News - Governments across the world have switched to prepaid cards as a modern alternative to cash when it comes to distributing payments to its citizens who opt not to use bank transfers. However, the UK is only now starting to fully seize the opportunity.…

FinTech foes join forces to launch multi-currency payment solution UPayCard

Two #1 Payments Power 10 superheroes have come together to drive FinTech innovation and reduce the complexity involved with payment legislation.

LONDON, January 15, 2018: International payments company Moorwand and leading global issuer processer GPS have joined forces to launch the UPayCard branded prepaid card solution to the UK market.…

CashFlows joins the Prepaid International Forum

Membership on the rise as PIF welcomes leading FinTech solutions provider

London, 08 January 2018 - The Prepaid International Forum (PIF), the not-for-profit trade association representing the prepaid financial services sector, today announced CashFlows, a fast-growing, innovative provider of payment solutions, as its latest member.…