Prepaid


Q&A with Bob Raffo, FirstView Financial

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.

Q&A with Michael Parlotto, InComm

Michael Parlotto, VP, Emerging Technologies, InComm, gives the lowdown to Paybefore on the evolution of prepaid and what the future might hold for the industry.

Univision Mastercard Prepaid Card Hits Walmart Shelves

Univision Mastercard Prepaid Card is now available in approximately 300 Walmart stores in California, Texas and Florida. The move is part of the brand’s continued expansion into retail spaces in prominently Hispanic regions.

InComm expands transit business

InComm, a prepaid and payments technology company, continues to expand its tolling and transit payments business nationwide with the launch of the RiverLink Starter Kit.

Bento for Business Names Jeff Pomeroy VP of Product

Blackhawk Network veteran Jeff Pomeroy has joined the Pay Award-winning Bento for Business, a provider of employee expense management solutions for small businesses, as vice president of product.

Executive profile: Solana Cozzo, Mastercard

It’s a good thing Solana (“Sol”) Cozzo is high energy. When she’s not literally running or chasing after 3-year-old twins, she’s running Mastercard’s North American prepaid and inclusive growth business. It’s hard work when you consider that “the cardable opportunity is about seven times the current market,” she says.

Raise Pulls in $60 Million in Funding, PayPal Joins Party

Raise, which bills itself as the world’s largest gift card marketplace, has raised $60 million in a Series C funding round led by Accel, with participation from PayPal and existing investors New Enterprise Associates and Bessemer Venture Partners.

Mercator: Consumer Prepaid Sales Drop in U.S.

U.S. consumers aren’t buying as many prepaid cards, according to a new consumer survey from Mercator Advisory Group. The data show 56 percent of U.S. adults bought prepaid cards in the year preceding the June survey, down from 63 percent in 2016.

PIF Welcomes GPS

The Prepaid International Forum has added another member to its roster. Global Processing Services, whose managing director Suresh Vaghjiani is an Industry Achievement Award recipient in the 2017 Pay Awards, has joined the nonprofit trade group.