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Paybefore

 •  November 22

The Canadian Prepaid Providers Organization (CPPO) released its second annual benchmark study, “Canadian Open-Loop Prepaid Market: 2016″, that shows 17% growth of the open-loop prepaid card market in Canada between 2015 and 2016. Growth in all nine active segments of consumer-, corporate- and government-funded prepaid cards drove the market to...

Paybefore

 •  November 21

Joining FirstView Financial in July 2017 as president and CEO, Bob Raffo has quickly become a proponent of developing the paytech segment, the opportunities it presents to serve larger consumer and B2B bases and accelerate payment processes. FirstView Financial provides prepaid, financial, mobile and payment solutions. Over the last decade,...

Paybefore

 •  November 21

Here’s more action from the lively paytech place, as reported by Paybefore’s sister publication, Banking Technology. Features Apple, Coinsilium Group, UMT United Mobility Technology, Visa and even the Olympic Winter Games. Apple, which is rarely out of the news, has set up Apple Pay Cash for person-to-person (P2P) payments in Messages. This feature...

Paybefore

 •  November 20

One of the hottest topics in payments – particularly during the holiday shopping season – is gift cards. The closed-loop gift card industry has shown tremendous growth and innovation in the last few years and shows no signs of slowing down. As we reflect on 2017 and look ahead to 2018, we spoke with Colleen Dorwart, Retail Gift Card Association...

Paybefore

 •  November 20

Customers of TSB and Tesco Bank are now able to use facial recognition technology, Face ID, for mobile banking app and make payments, reports Banking Technology (Paybefore‘s sister publication). The new technology is exclusive to Apple’s iPhone X. Carlos Abarca, TSB’s chief information officer, says: “Providing customers with biometrics logon to...

Paybefore

 •  November 17

More paytech action featuring PayPal, NCR, Samsung, Scotiabank, Mastercard and Eftpos – as reported by Paybefore‘s sister publication Banking Technology. It’s been offering cross-border payments in India for a decade, but PayPal has now launched domestic operations in the country as it looks to take on Paytm and Amazon Pay. The firm says Indian...

Paybefore

 •  November 16

Payments are changing rapidly, and the industry is struggling to keep pace. Many banks and other card issuers — including the service providers they rely on — lack the agility to stay competitive and quickly deliver the new products, features, and payments experiences today’s customers want. Consumers have different expectations about their...

Paybefore

 •  November 16

Joe Daly, COO payments processing North America, Paysafe, talks to us about all things paytech. How have digital transactions and the on-demand economy changed customers’ expectations of the path to purchase? The rise of digital payment alternatives and the on-demand economy have changed the way consumers make transactions, as they now expect to...

Paybefore

 •  November 16

Tennessee-based Studio Bank has powered up in the US and selected Computer Services Inc (CSI) as its core and mobile banking technology provider, reports Banking Technology (Paybefore‘s sister publication). Studio, which filed its application to become Nashville’s “first newly chartered de novo bank in nearly a decade”, plans to use CSI’s NuPoint...

Paybefore

 •  November 15

Wells Fargo has unleashed Greenhouse, a new standalone mobile banking app to help consumers manage their money and know where they stand financially, writes Banking Technology (Paybefore‘s sister publication). The app combines personal finance management (PFM) tools with Wells Fargo banking, offering “personalised” insights through artificial...