‘We need banking, not banks’: In 1994, Bill Gates predicted the end of traditional banks. Twenty years later, a new wave of companies intends to disrupt financial services and reinvent the banking experience – the FinTech firms. Continue reading Eric’s article in the magazine here.
Author: Bankable PR Team
(Almost) everything you need to know to start in FinTech
Head of Product Strategy and Commercialisation, Sophie Guibaud, held a workshop providing attendees with a global overview of the Fintech world, market dynamics and how London has managed to become a leading Fintech hub. Learn about the various business models that fall under the Fintech umbrella (Payments, Money transfer, Crowdfunding, Lending, Data & Analytics) and the new banking models that are trying to inspire and shape the bank of the future. See presentation.
Bankable amongst the founding 50 members at Innovate Finance
London – Bankable secured its spot amongst the founding 50 members at Innovate Finance, a new industry body established for the UK financial technology industry. The vision of Innovate Finance is for the UK to become a global leader in FinTech and Bankable wishes to stimulate cooperation amongst Innovate Finance members to help create world class solutions and set standards within the London FinTech community. Bankable will contribute as one of the voices for FinTech companies to fuel the much needed evolution in government policies and play a part in leading the UK FinTech industry on a global stage. Read more in Innovate Finance’s press release here.
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About Bankable
Bankable is a global architect of innovative payment solutions for corporate, banks and retailers. Its solutions – including e-wallets, m-wallets, remittance services, P2P money transfers and prepaid card programmes – are available in the form of white-label self-service platforms as well as via APIs. The proprietary software assets help organisations streamline their payment processes while unlocking new revenue opportunities. While banks and retailers can quickly launch new corporate or retail financial products, their “Banking as a Service” approach enables any organisation with a large customer base to offer light banking services to their customers. For more information, visit www.bnkbl.com and follow @wearebankable on Twitter.
About Innovate Finance
Innovate Finance was launched on August 6, 2014 by the Chancellor of the Exchequer, the City of London Corporation and the Canary Wharf Group at Level 39, Europe’s largest FinTech accelerator. Innovate Finance is an independent membership-based industry organisation that aims to advance the UK’s standing as a leader in financial technology (FinTech) innovation – both domestically and abroad. Members range from the world’s leading global corporations to the UK’s most promising FinTech start-ups and, through Innovate Finance, will receive a single point of access to policymakers, regulators, investors, customers, educators, talent and key commercial partners.
Cards Prepaid rebrands to Bankable
London – Cards Prepaid is rebranding to Bankable today to shift focus from prepaid cards as a means of payment to the company’s mission of providing “Banking as a service”. Banks, brands and governments can launch financial services quickly, while corporates can streamline their payment processes through Bankable’s proprietary payment platforms.
The name positions the company as an established partner with reliable technology for its clients. Additionally, the new logo symbolises a gear mechanism that emphasises the idea of uninterrupted performance and continuous innovation provided by Bankable to its clients and partners.
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About Bankable
Bankable is a global architect of innovative payment solutions for corporate, banks and retailers. Its solutions – including e-wallets, m-wallets, remittance services, P2P money transfers and prepaid card programmes – are available in the form of white-label self-service platforms as well as via APIs. The proprietary software assets help organisations streamline their payment processes while unlocking new revenue opportunities. While banks and retailers can quickly launch new corporate or retail financial products, their “Banking as a Service” approach enables any organisation with a large customer base to offer light banking services to their customers. For more information, visit www.bnkbl.com and follow @wearebankable on Twitter.
Ici Londres (in French)
An interview with Sophie Guibaud, Head of Product Strategy and Commercialisation, on “Integration of banking services simplified”.
CPP at Marbella All Payments Expo
Eric Mouilleron, Founder & CEO of Cards Prepaid Ltd, was one of the speakers at All Payments Expo Europe in Marbella, Spain from May 19 to 21. Eric spoke about The Rise of Alternative Financial Services stressing that the retail banking model is on the precipice of change in revenue models, opening up possibilities for new types of banking to emerge. Along with Eric, the speaker on this topic included Rich Wagner, CEO of Advanced Payment Systemers while the CEO of Gx, Tony Craddock, was the chair.
500 attendees from the EU and Russia across the payments ecosystem including retail, banks, payments and technology participated in the event.
The event is the sister event of All Payments Expo USA, and was held at the Don Carlos Resort in Marbella. The focuses were on merchant acceptance, emerging payment technologies and alternatives such as prepaid. Some of the retailers speaking at this event were BP, LivingSocial, Tesco Bank, Pizza Hut, Asda and British Retail Consortium. Amongst technology companies, speakers included Braintree, Virtual Piggy, SumUp.
For more information on All Payments Expo Europe, click here.
Cards Prepaid Joins Level39, Europe’s Largest Technology Accelerator Space
Cards Prepaid is joining Level39 in Canary Wharf, shifting its office to “The High Growth Space” on the 42nd floor of Canada One Square. Being at the centre of London’s financial hub, Bankable wishes to contribute to the space by helping set world class solutions and standards by federation of London FinTech leaders. As the UK FinTech industry is experiencing exponential growth, it is a very exciting time for Bankable to be one of the 50 members of Level39, who occasionally host regular industry events, innovation and accelerator programmes as well.
Level39 is Europe’s largest technology accelerator space for finance, retail and future cities technology companies. Level39, occupying the entire 39th floor of the iconic Canada One Square building, brings in experienced entrepreneurs, technology invertors and industry experts together in one space. It was inaugurated on March 18, 2013 by Boris Johnson, Mayor of London. The graduates of Level39 move to the 42nd floor of the same building which offers more office space for teams between 8-100.
Deutsche Bank latest to join prepaid card revolution, EuroMoney
EuroMoney – Deutsche Bank has become the latest global bank to enter the fast-growing market for prepaid corporate cards, which was estimated to be worth close to $80 billion in the US alone last year. The German bank has launched DB corporate prepaid card, developed in conjunction with Cards Prepaid Ltd, for its corporate clients in the European Economic Area to use globally.
Deutsche Bank Launches Corporate Prepaid Card in Europe
Deutsche Bank has launched the DB corporate prepaid card, a pre-funded payment card, which it is promoting as providing a more convenient corporate payment method replacing cash, cheques and vouchers. The card is available to clients across the European Economic Area (EEA) for global use wherever MasterCard is accepted. It is developed in conjunction with Cards Prepaid, a European programme manager specialising in the design and delivery of prepaid card solutions.
Cards Prepaid Ltd Achieves PCI DSS Level 2 Compliance with SafeNet Luna SA
SafeNet, Inc.’s Luna SA HSM has been selected by Cards Prepaid Ltd to support transparent data encryption, PIN retrieval, and high levels of cryptographic operations per second. The Luna SA HSM also ensures compliance with the latest Payment Card Industry Data Security Standard (PCI DSS).