Yalamanchili Payment Processing Platform Supports EZ-Link and M1 Prepaid MasterCard

11 October 2012 -  Global payment solutions provider, Yalamanchili, today announces that its next generation payments platform has been utilised by Singaporean prepaid card giant, EZ-Link to provide the payments processing capability behind the recently launched contactless M1 Prepaid MasterCard. The card, a co-branded collaboration between EZ-Link, MasterCard Worldwide and telecommunications provider M1 Limited (M1), a leading provider of mobile, broadband and fixed communications services in Singapore, is the first prepaid product in Singapore that integrates voice (telephony), global retail, and transportation contactless payments all in one card.…

PIF Publishes White Paper to Promote Understanding of Prepaid

10 October 2012 - Prepaid International Forum (PIF) has produced a concise introduction to prepaid in its new White Paper, ‘Prepaid: Issues, Economics & Growth’. The paper forms part of PIF’s drive to promote understanding, of who issues prepaid products and how they are used, to regulators, consumer bodies and the media.…

Founder of Yalamanchili Appointed to PIF Board of Directors

27 September 2012 - Ramki Yalamanchili, Founder and Chief Executive of global payment solutions provider, Yalamanchili, has been appointed to the Board of Directors at Prepaid International Forum (PIF), to support its efforts to create new opportunities in the global prepaid market and accelerate the adoption of prepaid services worldwide. …

PIF India Announces New Chairman and Executive Committee

07 September 2012 – Prepaid International Forum (PIF) today announced the appointment of Navtej Singh, Head of Direct Payment Products at HDFC Bank as Chairman of the forum’s India Chapter with immediate effect. Mr Singh succeeds Kusal Roy, Head of Cards & Personal Loans at ICICI Bank whose annual term has come to an end.…

PIF Summit 2012: Latest Speakers Announced

Prepaid International Forum (PIF) is pleased to announce the latest list of confirmed speakers for the PIF Summit 2012 which will be held at South Lodge Hotel in West Sussex on 26-27 September 2012.

Now in its sixth year the PIF Summit will bring together prepaid industry experts and pioneers to share knowledge, ideas and standards for prepaid.…

Locke Lord’s Robert Courtneidge in Top Two of International Prepaid Top 10

(LONDON) June 12, 2012 – Locke Lord's Global Head of Cards and Payments Robert Courtneidge, who recently was named Chairman of the Prepaid International Forum (PIF), has made the top of the list for the 2012 Prepaid Power 10, and international group of key contributors to and leaders in the prepaid industry.…

BRC: Card Charging Ruling ‘Historic and Highly Significant’

A ruling that a decision outlawing charges levied on retailers by MasterCard should be upheld is being called ‘historic and highly significant’ by the British Retail Consortium (BRC).

In 2007 the charges imposed on UK retailers for the processing of credit and debit card payments from customers in other EU countries (so called cross-border transactions) were declared anti-competitive and unlawful by the European Commission.…

Finextra: European Central Bank seek to boost the security of Internet payments

The European Central Bank has issued a set of recommendations to promote the security of payments made over the Internet:   http://www.finextra.com/News/Fullstory.aspx?newsitemid=23638

PIF Research Reveals a Maturing UK Prepaid Market

PIF research has revealed that the frequency of spend on consumer loaded cards has nearly doubled and that year-on-year average load values have grown nearly three times. It also noted that Polymath Consulting analysis reveals the number of consumer loaded prepaid card programmes has grown significantly in the past four years, from just 50 in 2007 to 229 in 2011.…

Prepaid International Forum announces new Chairman and Board expansion

Prepaid International Forum (PIF) today announced that Robert Courtneidge, who will shortly join US law firm Locke Lord as Global Head of Cards & Payments, has been elected as Chairman of the forum and will join the Board of Directors.  It further announced the appointment of four new Directors – Craig James, CEO of Neopay Ltd, Judith Rinearson, a partner in Bryan Cave LLP’s New York offices, Peter Sidenius, Director, Edgar Dunn & Company and Paul Stanley, CEO at ReD.…