Category: News article

‘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.

An interview with Sophie Guibaud, Head of Product Strategy and Commercialisation, on “Integration of banking services simplified”.

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 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.

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.

 

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).