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Fintechs enter Canada’s prepaid card market

Two Vancouver-based fintechs, Koho and Mogo Finance Technology, have launched mobile-enabled prepaid cards targeting Canadian millennial consumers looking to avoid the country’s notoriously high bank …

Canadian open-loop prepaid market open to growth

While prepaid open-loop and closed-loop transactions are the fastest-growing POS transaction types in Canada, they still only account for small proportions of POS volume and value. Despite this, the p…

No end in sight for UK’s contactless surge

Since the launch and popularisation of contactless payments in the UK, there seems to be no peak in the solution’s use. Much has been made of contactless’s success in the UK and, according to new rese…

StanChart flying to Infinite heights

Standard Chartered Singapore has scored a direct hit with its revitalised Visa Infinite credit card, which it targets squarely at the affluent segment. Douglas Blakey reports on the background to the …

Gift cards are no longer just for Christmas

From book vouchers to electronic gift cards, every consumer has received some sort of prepaid stored value as a present. However, the UK Gift Card &Voucher Association (UKGCVA) wants these to bec…

Contactless technology making waves

According to Timetric research, the global contactless card transaction value will almost quadruple between 2016 and 2020, while the global mobile NFC transaction value will grow more than fivefold. W…

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