We’re proud to have maintained PCI compliance since 2018 and especially proud of this year’s certification.
\n\nThis year marked a step change.
\n\nWe completed our transition to PCI DSS 4.0, the most rigorous version of the standard to date. The bar is higher. The requirements are deeper. The expectations are tighter.
\n\nThe move to PCI 4.0 required stronger control validation, expanded monitoring, and tighter alignment between our security practices and a changing threat environment. It required focus, discipline, and execution at a high level.
\n\n“PCI 4.0 raised the bar across the board,” said Michael Gaspar, CEO of ExpanseFT. “This achievement belongs to Tim Antchoutine and every member of our technology team. I want to congratulate them for the time, effort, and ownership they brought to this process. They handled the complexity and executed at a high level to meet a much higher standard.”
\n\nWhat changed with PCI 4.0:
\n\n“This achievement reflects the strength of our IT organization,” Gaspar elaborated. “Tim led a complex transition to PCI 4.0, and I want to congratulate him and his team for the dedication, skill, and disciplined execution they brought to this effort. Their work is central to how we operate and foundational to how we protect our customers and support our partners every day.”
\n\nPCI compliance is not a check-the-box exercise for us.
\n\nIt is core to how we operate.
","title":"ExpanseFT Achieves PCI Compliance for Seventh Consecutive Year"},{"date":"2025-04-01","id":"expanseft-mourns-the-passing-of-founder-and-ceo-andrew-siden","title":"ExpanseFT Mourns the Passing of Founder and CEO Andrew Siden","body":"It is with profound sadness that we announce the passing of Andrew Siden,\nour Founder, CEO, colleague, and dear friend. Andrews passion, leadership,\nand unwavering commitment shaped ExpanseFT into the company it is\ntoday. His loss leaves a tremendous void, both professionally and personally,\nfor all of us who had the privilege to know and work alongside him.\nExpanseFT will continue to operate without interruption. To ensure stability\nand continuity, the Board of Directors has appointed Michael Gaspar, who\nhas been serving as our Chief Operating Officer, as Chief Executive Officer.\nMichael Pruzan, a longtime Board member since 2008, has been appointed\nExecutive Chairman. Together with the leadership team, they remain\ncommitted to carrying forward the vision and values Andrew instilled in all of\nus.\nWe extend our deepest condolences to Andrews family, friends, and\neveryone touched by his remarkable life.\nMedia Contact:\nMichael Gaspar\nChief Executive Officer\nExpanseFT\n(516) 653-2440\ncontactus@expanseft.com\nPress Release\nprnewswire.comprnewswire.com\nExpanseFT Mourns the Passing of Founder and CEO Andrew Siden\n/PRNewswire/ -- It is with profound sadness that we announce the passing of Andrew Siden, our Founder, CEO, colleague, and dear friend. Andrew's passion,... (36 kB)
"},{"date":"2024-07-15","id":"2024-07-15-product-launch","url":"https://www.expanseft.com/news/2024/07/product-launch","title":"ExpanseFT launches new payments platform module"},{"date":"2024-05-10","id":"2024-05-10-partnership","url":"https://www.expanseft.com/news/2024/05/partnership","title":"Strategic partnership expands program management services"},{"date":"2023-12-01","id":"2023-12-01-award","url":"https://www.expanseft.com/news/2023/12/top-workplace","title":"Recognized as a Top Workplace in FinTech"},{"date":"2023-01-01","id":"ceo-andrew-siden-talks-innovation-with-ben-jackson-on-the-ipa-payments-pod","title":"CEO Andrew Siden Talks Innovation with Ben Jackson on the IPA Payments Pod","body":"Our CEO, Andrew Siden recently sat down with Ben Jackson on the IPA Payments Pod to discuss the company's history, its growth, and what the future holds.\nIn the interview, Siden emphasized the importance of incorporating innovation into product development. \"We are constantly looking for new ways to improve the payment experience for our customers,\" he said. \"Whether that's through new technology or partnerships, we're always looking for ways to stay ahead of the curve.\"\nSiden also touched on the role of timing and luck in the success of a business \"Having a great idea is only part of the equation. The timing has to be right and sometimes you need a little bit of luck to make it all come together.\"\nOverall, the interview provided valuable insights into the world of fintech and the challenges facing entrepreneurs in the industry. If you're interested in learning more about ExpanseFT and its mission to make payments more seamless and secure, be sure to check out the latest episode of the IPA Payments Pod.
"},{"date":"2022-10-01","id":"prepaid-ventures-becomes-expanseft","title":"Prepaid Ventures Becomes ExpanseFT","body":"Prepaid Ventures, a leader in providing full-service cloud-based payment solutions announced today that it has changed its name to Expanse Financial Technologies, Inc., LTD. The company will operate under the name ExpanseFT.\n\"This is an exciting milestone for our business,\" declared Andrew Siden, ExpanseFT's CEO. \"The ExpanseFT name embodies our mission to provide a broad spectrum of scalable financial products including credit, debit, prepaid and crypto solutions. Our powerful and dynamic platform enables our partners to leverage an ever-expanding range of payment products, services, and support to create extraordinary customer experiences. ExpanseFT is dedicated to creating unique solutions that are proven to deliver trust and positive results.\"\nExpanseFT empowers partners to customize their FinTech relationship and select from full-service solutions ranging from white label card issuing program management and full cycle collection, disbursement, and ACH services to focused use case-oriented experiences. Partners have the flexibility to take advantage of an expansive catalog of managed services or simply integrate their existing environment into ExpanseFT's powerful API set.\nExpanseFT capitalizes on strong strategic partnerships and years of industry experience. \"We're seeing a growing need for someone to bridge the gap between those seeking financial solutions and today's complex payments infrastructure,\" said Siden. \"We've run our own successful business utilizing the same solutions we are now proud to offer to our partners. We know there's a need out there and we're excited to solve this problem in the industry.\"\nExpanseFT is a full-service cloud-based payments solutions provider based in New York. ExpanseFT's platform leverages powerful technology, dedicated and knowledgeable team members, and years of industry experience to offer solutions to partners and consumers. ExpanseFT offers custom technology solutions, award-winning in-house customer service, vigilant compliance, and fraud monitoring services, and a solutions-oriented approach to create exceptional partnerships and user experiences.\nSOURCE: ExpanseFT
"},{"date":"2022-08-01","id":"plutus-card-to-launch-in-the-united-states-8-crypto-rewards-accessible-by-millions","title":"Plutus Card to Launch in the United States, 8% Crypto Rewards Accessible by Millions","body":"Andrew Siden, CEO at Prepaid Ventures:\nLondon | August 10, 2022, 10:00 AM Eastern Daylight Time\nPlutus, the visa debit card offering 3-8% in crypto rewards, today announced its plans to dominate the United States (US) neo-banking sector.\nPlutus is a London-based FinTech providing industry-leading crypto reward rates and 20+ Perks such as 100% back on Netflix, Spotify, and Prime. Its user base has experienced 20.4% Month-on-Month (MoM) growth due to the value customers get from its rewards programme.\nCurrently, Plutus is available in the United Kingdom (UK) and European Economic Area (EEA). In Q1 2023, Plutus will launch its finance app and card in the United States (US), the largest crypto market in the world.\nPlutus has partnered with Prepaid Ventures (PPV), one of the leading debit card solutions in the US, to issue its Plutus-branded Visa debit cards to U.S. residents.\nDanial Daychopan, CEO & Co-founder of Plutus, comments on the announcement:\nThis is a major milestone. Soon, a population of 330m will be able to earn substantial amounts of crypto simply for living their lives to the fullest! We know there is a huge demand for our services and we have full intentions to become a dominant player in the U.S. neo-banking sector.\nAndrew Siden, CEO at Prepaid Ventures, comments on the partnership:\n At PPV, we are perfectly built to support Plutus in bringing its solutions to the US and providing its customers with a dynamic and reliable platform customized to match Plutus' offering in the EU.\"\n\"Our missions are well aligned and we look forward to a successful partnership with the Plutus team.\"\nPlutus recently experienced a huge surplus of card orders, issuing 6 months' worth of card stock in less than 6 days and ultimately running out of card stock. Now, 50,000+ users are signed up on a waitlist until cards return in stock.\nPrepaid Ventures, LTD. entered the financial market with the aim of providing customers of alternative financial centers with a financially inclusive product, making e-commerce, and other electronic payments universally accessible. Today, as one of the leading providers of payment processing, program management, and prepaid debit card solutions, Prepaid Ventures also leverages its in-house technology to launch other products for itself as well as third parties.
"},{"date":"2020-08-01","id":"prepaid-ventures-ltd-the-next-generation-cloud-based-payments-processor","title":"Prepaid Ventures, LTD.: The Next-Generation Cloud-Based Payments Processor","body":"The eventual emergence of the e-commerce world during the late 90s and the early 21st century was a game-changer for various industries worldwide, particularly for the banking and finance field. As the transactional activities began to digitize, the financial sector changed drastically, including the landscape of alternative financial products. The unbanked and underbanked customers from the alternative financial products industry, also known as the check-cashing industry, faced obstacles when partaking in online shopping because they were still dealing in cash.\nPrepaid Ventures, LTD. (PPV) entered the financial market in the year 2007 with a key aim of providing customers of the alternative financial sector a financially inclusive product, making e-commerce and other electronic payments universally accessible. The company now offers a suite of electronic payment options across multiple payment products and distribution channels.\nAndrews Entrepreneurial Journey\nAndrew Siden (Founder and CEO) has been a major driving force behind Prepaid Ventures success. He brings 30 years of financial services and electronic payment processing experience to the company. The veteran leader started his career at Smith Barney in 1991, where he worked as a Guided Portfolio Manager and ultimately became an Equity Trader with Knight Capital Group. Then, in 2003, he left Wall St. to pursue the rapidly evolving Alternative Financial Services (AFS) market, where he joined a leading New York-based check-cashing business. Once there, Andrew implemented new corporate strategies, leveraged technology, and improved compliance & operational procedures. All the while gaining a broad understanding of the AFS landscape and ultimately launching Prepaid Ventures and developing its initial product, the NexsCard Prepaid Visa Card.\nNow, as the Founder and CEO, Andrew has set up new priorities for PPV, which includes the launch of new products such as a payroll card program, gift card program, and companion card program. Also, Prepaid Ventures will continue to build upon existing programs such as Avid Prepaid, NexsCard For Business, and a remote deposit capture feature-mobile teller.\nThe Motivation behind Prepaid Ventures\nAndrew shares, In 2005, I entered the alternative financial services space, and in 2007, started PPV. I never realized how many people were unbanked and how the big industry was. At the time, the government estimates were 60 million un or underbanked. Banks were not available to them, people not having financial services that they needed, or even a choice, so people used alternative services and check-cashing. As Andrew started his journey in the check-cashing industry, he would work various shifts. He noticed each week at 11 pm, the nurses from the local hospital would have a shift change and would come to cash their paychecks, leaving the store with cash in a dangerous neighborhood to go home at night. This situation didnt sit right with Andrew, and he saw an opportunity to help check cashers and customers.\nSimultaneously, companies like EBAY were hitting the mainstream, and people who rely solely on cash could not participate in the online economy. Prepaid cards were not widely available at that time, nor was it common with check-cashing stores. To overcome this problem, Andrew figured out a way to customize a prepaid card for check cashing stores and their customers. This motivated him to start Prepaid Ventures. He raised capital, and NexsCard was formed. Through tenacious effort, research, and with a few false starts, Andrew persevered and designed a product to meet the needs of customers and bridged a gap in the check-cashing industry.\nAndrews notion of offering this to a select group of NY check cashing stores quickly grew to a national program. It was with this demand that the seasoned leader started a core team that really pushed the product to a large distribution network of retail locations. Despite such a big achievement, Andrew still felt that the product needed to be refined. So, he recruited more technical staff, and PPV was able to build upon an already great product known as NexsCard. Commenting on this, he says, The most difficult years were the first two, even though there was tremendous growth.\nThe Continued Evolution of NexsCard\nIn 2009, after two years of developing and fine-tuning his model, Andrew launched NexsCard, a prepaid debit card in the market. NexsCard allowed checking cash customers to load cash onto a network-branded prepaid card at their local check cashier, or obtain direct deposits, and to use the card anywhere with Visa brands approved (Prepaid Ventures exclusively partners with Visa to provide its prepaid card solutions). In addition to the cardholder benefits, NexsCard agent check cashers were able to keep their check cashing revenue, retain the customers that they would otherwise have lost to direct deposit and grow their revenue streams by offering NexsCard. Throughout the establishment of this prepaid debit card, Andrew brought in resources such as Customer Support and Technology in-house to empower the Prepaid Ventures platform. When NexsCard achieved critical mass, Andrew started pursuing other payment space-related projects; that is where they are today.\nOver time, Prepaid Ventures began reinvesting the profits earned from NexsCard into its own processing platform, which included mobile applications, cardholder websites, and more. Andrew explains, We really work hard to provide our customers with products and services that work for them. We even built an in-house call center to provide our customers with a more personal experience from our own employees who use the card every day.\nToday, Prepaid Ventures is one of the leading providers of payment processing, system management, and prepaid debit card solutions, using its in-house technology to launch other products for itself and third parties. This includes payroll cards, corporate prepaid cards, general-purpose reloadable cards, and remote deposit capture of checks. Consumers have become more digitally oriented and increasingly involved in online check cashing. Mobileteller system of Prepaid Ventures has been specifically developed to ensure the smooth virtual interaction between agents and their customers. The company empowers clients with its disbursement services and flexible payment management software with bank-level security, focused on replacing manual paper-based processes with electronic payments and documents.\nPrepaid Ventures collaborates with several different supply chain providers, which results in a seamless, vertically integrated solution in a complex marketplace. It has also entered the merchant processing space to add to its full suite of processing, payments, and program management services. Because of this, the company uses a customer approach and customized consultative client, coupled with the agile methodology to develop new solutions.\nEnsuring Unparalleled Security of Customers Information\nIn the card and payment industry, security is a concerning topic for consumers because they want protection from any unknown threats. Prepaid Ventures recognizes this demand, and therefore, it implements any regulatory changes swiftly, monitors its systems, and relies on stringent risk management approaches to ensure consumer protection.\nThe company employs security tools on a product, program, and portfolio level. Moreover, it undergoes an annual PCI audit and has achieved Level 1 PCI, the industrys highest standard. Below are some of the ways PPV employs its solutions:\nAccount Shield: Customers have full control over their account security by blocking transactions. They can instantly protect their card by turning on Account Shield. This option temporarily enables or disables account transactions. Cardholders can do this by using the mobile app or cardholder website.\nBiometrics: The company secures customers data with 256-bit encryption, a high level of data security. Using biometrics like Touch ID and Face ID protects the information with automatic sign-out if a customer leaves the app open. It also uses two-factor authentication for an extra layer of protection when a customer creates their account or performs certain actions.\nEMV chip technology: This technology is used to support safe and secure payments. It offers enhanced fraud protection, smart security, and is the global standard to safeguard customers data and transactions.\nReal-Time Alerts: Any time a customer uses their card, it sends instant transaction reminders to that customer. As a result, the customer will know their balance in the account. Additionally, its card programs support a robust alert/notification system.\nVisas Zero Liability Policy: Visas Zero Liability Policy covers card programs to ensure that cardholders are not liable for unauthorized charges. This is a guarantee from Visa that customers will not be held responsible for unauthorized charges resulting from their account or account details. They are protected even when their Visa credit or debit card is lost, stolen or fraudulently used, online or offline.\nFDIC Insured: PPVs top priority is to protect its customers that starts with keeping their information and money secure and safe. Therefore, card programs are FDIC insured. Funds are insured up to $250,000 through its issuing bank, Metropolitan Commercial Bank, Member FDIC.\nEnhanced Fraud Engine: Using industry best practices, cardholder experience, past transactional history and knowledge of the retailer environment, PPV makes it possible to prevent what may seem like an assault by fraudsters who also threaten prepaid cards and prepaid industries\nSeeking Best Qualities, Crediting Board Members\nThe team is one of the core elements which define the success of any organization. Andrew feels fortunate to have trusted friends as the board members. The advice and guidance offered by them help him stay competitive. The board challenges Andrew and has advised him of the entrepreneurs curse at the start of his endeavors.\nThis has always motivated Andrew to become a better CEO and has held this philosophy very closely. Therefore, he credits his recognition and performance to his boards encouragement and advice. As for team members, Andrew searches for certain characteristics inside his team that reflect the same entrepreneurial spirit that is instilled in him. Drive, willingness to learn and intellect are those characteristics that make a successful member of Prepaid Ventures. These are the fundamental skills required to succeed at PPV.\nwww.ppvglobal.com\nPrepaid Ventures, LTD. entered the financial market with the aim of providing customers of alternative financial centers a financially inclusive product, making e-commerce, and other electronic payments universally accessible. Today, as one of the leading providers of payment processing, program management, and prepaid debit card solutions, Prepaid Ventures also leverages its in-house technology to launch other products for itself as well as third parties.\nwww.mirrorreview.com\nMirror Review is on a mission to depict not only the achievements of companies and entrepreneurs but also to shed light on the innovations they are carrying to disrupt the current market scenario. Doing so, we hope to inspire and enlighten thousands of businesses and personnel around the world through our best leadership magazine.
"},{"date":"2020-04-01","id":"prepaid-ventures-ltd-wins-2020-excellence-in-customer-service-award","title":"Prepaid Ventures, LTD. Wins 2020 Excellence in Customer Service Award","body":"Prepaid Ventures, LTD. is a financial technology company that specializes in payment solutions. Prepaid Ventures offers a broad range of robust products including white label services, prepaid and payroll debit solutions, early access of direct deposits, mobile apps, cardholder websites, and customizable CRM and POS systems. These solutions were created with clients and customers in mind and they strive to bring the best quality of payment services to the industry.\nPrepaid Ventures believes that bringing the highest level of customer service is the driving force to success and has made it their goal to always provide every call with a great experience. With our in-house call center, we provide our customers with a more personal experience from our own employees who use our services everyday. The team has done an outstanding job just by understanding that our customers come first. said Andrew Siden, CEO of Prepaid Ventures.\nYear after year the role of customer service plays a more important aspect in all of our lives, said Maria Jimenez, chief operating officer of the Business Intelligence Group. We are thrilled to be honoring Prepaid Ventures as they are leading by example and making real progress on improving the daily lives of so many.\nOrganizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.\nwww.ppvglobal.com\nPrepaid Ventures, LTD. entered the financial market with the aim of providing customers of alternative financial centers a financially inclusive product, making e-commerce, and other electronic payments universally accessible. Today, as one of the leading providers of payment processing, program management, and prepaid debit card solutions, Prepaid Ventures also leverages its in-house technology to launch other products for itself as well as third parties.\nThe Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organizations proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
"},{"date":"2020-04-01","id":"prepaid-venturess-evp-of-finance-and-compliance-michael-gaspar-named-to-long-island-business-news-40-under-40-class-of-2020","title":"Prepaid Venturess EVP of Finance and Compliance, Michael Gaspar, named to Long Island Business News 40 under 40 Class of 2020","body":"Prepaid Ventures EVP Michael Gaspar was recognized by Long Island Business News by being named to its 40 under 40 Class of 2020. This honor features leaders of Long Island who have begun to distinguish themselves in business, government, education, and not-for-profit sector. They also have a proven track record of career success and are involved with mentoring and promoting their profession while giving back to their local communities.
"},{"date":"2019-12-01","id":"prepaid-ventures-awarded-long-islands-top-workplace-2019","title":"Prepaid Ventures Awarded Long Island's Top Workplace 2019","body":"This prestigious designation is based solely on employee feedback that represents PPVs corporate office and regional support teams. The anonymous employee survey gathered responses covering different areas in the workplace culture, including employee alignment, engagement, connection, and compensation as well as company leadership, management, and effectiveness.\nThank you to our team for keeping us on top, said Prepaid Ventures Chief Executive Officer Andrew Siden.
"},{"date":"2018-10-04","id":"prepaid-ventures-attends-the-20th-annual-afpd-holiday-food-beverage-show","title":"Prepaid Ventures attends the 20th Annual AFPD Holiday Food & Beverage Show","body":"Prepaid Ventures attended the AFPD’S Holiday Show in Michigan on September 6, 2018. AFPD known as “The Voice for the food, beverage and petroleum industry” is a multi-state trade association representing thousands of retailers operating in Michigan, Ohio and surrounding states. As Michigan’s premiere holiday show, retailers and on- and off-premise licensees come from miles away to see, sample and buy. This is AFPD’s biggest show of the year with the highest attendance.
\\r\\n"},{"date":"2018-10-04","id":"prepaid-ventures-to-attend-the-2018-imtc-world-conference","title":"Prepaid Ventures to attend the 2018 IMTC World Conference","body":"Prepaid Ventures will be attending and sponsoring the Welcome Reception at the 2018 IMTC World Conference at the Eden Roc, Miami, November 13-16, 2018. IMTC WORLD gathers +500 participants from close to 50 countries and is the largest gathering of the industry in the world, with a whole new wave of participants from Fintech start-ups, Blockchain-based companies and all VCs interested in business opportunities. This is IMTC’s largest conference with the most attendees
\\r\\n"},{"date":"2018-10-04","id":"prepaid-ventures-to-attend-the-2018-money-20-20-conference","title":"Prepaid Ventures to attend the 2018 Money 20/20 Conference","body":"Prepaid Ventures is set to attend the 2018 Money 20/20 Conference at the Venetian, LasVegas, October 21-24, 2018. Money20/20 is where the Payments, FinTech and Financial Services ecosystem unites to create and explore the disruptive ways in which consumers and businesses manage, spend and borrow money.
\\r\\n"},{"date":"2018-10-04","id":"prepaid-ventures-sponsors-at-the-2018-fisca-conference-and-ceo-andrew-siden-participates-in-a-panel-discussion","title":"Prepaid Ventures sponsors at the 2018 FISCA Conference and CEO Andrew Siden participates in a panel discussion.","body":"Prepaid Ventures sponsors and participates in the 2018 FISCA Conference at the Cosmopolitan, Las Vegas, October 4-7, 2018. The panel discussion was focused on critical industry topics including cybersecurity, state and federal legislative issues and developments, payments, new products and services, research and data, regulatory updates and more. CEO Andrew Siden also introduced the Awards at the Awards Luncheon as the Sponsor of the event. Prepaid Ventures unveils the new Mobile Teller app along with the Nexscard for Business, to continue to grow our relationships with our check cashing partners.
\\r\\n"},{"date":"2018-07-14","id":"prepaid-ventures-attends-and-exhibits-at-the-pawn-expo","title":"Prepaid Ventures attends and exhibits at The Pawn Expo","body":"Prepaid Ventures attended and exhibited at The Pawn Expo in Las Vegas, July 10-12, 2018. Pawn Expois the only national convention and trade show for the pawn industry, hosted annually by the National Pawnbrokers Association. The Pawn Expo Trade Show brings over 120 companies together to feature the largest collection of vendors and service providers that cater specifically to the pawn industry.
\\r\\n"},{"date":"2018-05-20","id":"prepaid-ventures-sponsors-and-speaks-at-the-cfsp-conference","title":"Prepaid Ventures sponsors and speaks at The CFSP Conference","body":"Prepaid Ventures sponsored and attended The CFSP Conference on May 6th and May 7th. CEO Andrew Siden spoke at the conference focusing the discussion onPrepaid Cards. The California Financial Service Providers Association (CFSP) represents California businesses that offer check cashing, consumer loans, and other financial services. Their mission is to promote the goodwill and general welfare of its members, to educatepublic leaders and policy makers about their products and services.
\\r\\n"},{"date":"2018-05-20","id":"prepaid-ventures-attended-and-sponsored-at-the-afpd-innovations-buying-show","title":"Prepaid Ventures attended and sponsored at TheAFPD Innovations Buying Show","body":"Prepaid Ventures attended and sponsored at The AFPD’S Innovations Buying Show in Michigan on May 8th. AFPD known as “The Voice for the food, beverage and petroleum industry” is a multi-state trade association representing thousands of retailers operating in Michigan, Ohio andsurrounding states. This show is aimed at bringing together the best companies and givingthem the opportunity to meet hundreds of other businesses.
\\r\\n"},{"date":"2018-04-20","id":"prepaid-ventures-attends-etas-transact-trade-show","title":"PrepaidVentures attends ETA’s TRANSACT Trade Show","body":"Prepaid Ventures attended TRANSACT held on Tuesday, April 17th to April 19th. TRANSACT isan annual meeting and tradeshow by ETA that attracts 4000+ attendees. TRANSACT is the place where financial institutions, networks, payments companies, FinTech and technology innovators gather to make the deals that shape the industry. This annual conference gives greater insight of new advances and innovations that push the industry forward.
\\r\\n"},{"date":"2018-04-20","id":"prepaid-ventures-sponsors-and-speaks-at-the-fscny-conference-expo","title":"Prepaid Ventures sponsors and speaks at The FSCNY Conference& Expo","body":"Prepaid Ventures sponsored and attended FSCNY’SConference & Expo in New York on April 26th. Financial service providers from across the region will gathered at the annual conference. Prepaid Ventures’ CEO Andrew Siden participated on a panel discussion focused on the critical issues impacting the FSC industry. Financial Service Centers of New York is the professional trade association representing New York's licensed check cashing industry, the financial services industry has fulfilled its mission to ensure that millions of low to moderate income New Yorkers in the most underserved and under-banked neighborhoods have access to affordable, secure and quality financial services in a convenient and regulated environment.
\\r\\n"},{"date":"2018-04-20","id":"prepaid-ventures-attends-power-of-prepaid-2018","title":"Prepaid Ventures attends Power of Prepaid 2018","body":"Prepaid Ventures LTD. attended NBPCA’s Power of Prepaid on April 9, 2018, a must-attend annual event for the prepaidcommunity. The event held in D.C. provided cutting-edge content, discussions, and enhanced networking with those leading the way in prepaid compliance, legislation, regulation, and innovation. The Power of Prepaid program is designed to keep its attendees ahead of an ever-changing industry and position us to succeed in tomorrow's prepaid environment.
\\r\\n"},{"date":"2017-09-05","id":"prepaid-ventures-ceo-andrew-siden-to-moderate-the-newcomers-whats-next-in-payments-panel","title":"Prepaid Ventures' CEO Andrew Siden to moderate the Newcomers & What's Next in Payments Panel","body":"Prepaid Ventures, LTD. Founder & CEO Andrew Siden, with over 25 years of experience in financial services and electronic payment processing, will be moderating the Newcomers & What's Next in Payments Panel on September 19 in Phoenix, AZ.
\\r\\n\\r\\n\\r\\n\\r\\n
PayThink is focused on the rapidly changing, inter-connected markets of debit, credit, mobile, prepaid and digital payments. As we move toward a cashless society and payments become less visible, PayThink provides payments executives with forward-thinking ideas and strategies to ensure banks maximize their opportunities to become the default payment method, and keep abreast of innovations in credit scoring,faster payments, analytics, security and fraud detection.
\\r\\n"},{"date":"2017-03-08","id":"prepaid-ventures-ceo-andrew-siden-speaks-at-card-forum-2017","title":"Prepaid Ventures' CEO Andrew Siden Speaks at Card Forum 2017","body":"Prepaid Ventures, LTD. Founder & CEO Andrew Siden will be speaking at Card Forum 2017 on May 8 at Austin, TX. Mr. Siden will be speaking on "The Future of Prepaid Innovation". The talk will outline evolution of money transfer payments, management and how Prepaid Ventures has played a vital role in advancement of Prepaid Services.
\\r\\n\\r\\nCard Forum is built exclusively for card and payment executives at the industry’s leading issuers, networks and retailers. The program includes cutting edge insight from different industry leaders like Chase, Wells Fargo, Bank of America, Google, PayPal, VISA. The 2017 program features in-depth case studies and networking to ensure that you’re making the most of your time away from the office and coming back with actionable strategies.
\\r\\n"},{"date":"2016-11-08","id":"prepaid-ventures-facilitates-direct-connection-with-moneygram","image":"https://media.licdn.com/dms/image/C560BAQGACwfnfuFbbg/company-logo_200_200/0/1671423262088?e=1686182400&v=beta&t=yJGxAO9kNpPZNQ-Y7H2EddZT2WA2S97e0fKaRIwk6Xk","title":"Prepaid Ventures Facilitates Direct Connection With Moneygram","body":"Prepaid Ventures is happy to announce a direct connection with MoneyGram, resulting in fasterand more convenient service to clients and consumers.
\\r\\n"},{"date":"2016-11-08","id":"prepaid-ventures-attends-imtc-world-2016-as-a-silver-sponsor-and-vendor","title":"Prepaid Ventures attends IMTC World 2016 as a Silver Sponsor and Vendor","body":"Prepaid Ventures was proud to be a Silver Sponsor and Vendor at IMTC World 2016. Prepaid Ventures highlighted new and innovative Money Transmission solutions for the digital age.
\\r\\n"},{"date":"2016-10-08","id":"prepaid-ventures-attends-2016-money-20-20-in-las-vegas-nv","image":"https://images.ctfassets.net/zfifjkc7y6ct/2UmmOV846UTbdHtuNowtJm/c838af4edac685af914319f62442ab80/Untitled_design__7__copy_2.png","title":"Prepaid Ventures attends 2016 Money 20/20 in Las Vegas, NV","body":"PREPAID VENTURES ATTENDS THE 2016 MONEY 20/20 CONFERENCE IN LAS VEGAS BETWEEN OCTOBER 22ND AND OCTOBER 25TH.
\\r\\n"},{"date":"2016-09-08","id":"nexscard-sponsors-2016-anti-money-laundering-compliance-workshop","image":"https://images.unsplash.com/photo-1559223607-a43c990c692c?ixlib=rb-4.0.3&ixid=MnwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8&auto=format&fit=crop&w=1470&q=80","title":"Nexscard Sponsors 2016 Anti-Money Laundering Compliance Workshop","body":"NexsCard Was Proud To Sponsor The AML Compliance Workshop At The Doubletree By Hilton Hotel Carson On September 28th. Andrew Siden And Connie Fenchel Explored Anit-Money Laundering Techniques, Financial Security And How To Protect Your Business In The Digital Age.
\\r\\n"},{"date":"2016-08-08","id":"nexscard-vendor-at-2016-fisca-exposition-conference","image":"https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fis5-ssl.mzstatic.com%2Fimage%2Fthumb%2FPurple124%2Fv4%2Fe7%2Fb9%2F7c%2Fe7b97c9e-d90f-d5e3-b92f-de6cf0501d07%2Fsource%2F512x512bb.jpg&f=1&nofb=1&ipt=957469f39c15c30d8de2852c902ee05a27b81464edbf80ff0ef0960e9bf22d60&ipo=images","title":"Nexscard Vendor At 2016 Fisca Exposition & Conference","body":"NexsCard attends 2016 FiSCA Exposition & Conference as a vendor. NexsCard was proud to introduce a year of development and progress, including launchingNexsCard Pink, the redesigned NexsCard website and the new NexsCard Mobile App
\\r\\n"},{"date":"2016-08-08","id":"prepaid-ventures-boasts-in-house-bilingual-call-center","image":"https://images.unsplash.com/photo-1626863905121-3b0c0ed7b94c?ixlib=rb-4.0.3&ixid=MnwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8&auto=format&fit=crop&w=1470&q=80","title":"Prepaid Ventures Boasts In-house Bilingual Call Center","body":"Prepaid Ventures Is Proud To Operate An Expertly-trained In-house Call Center. The Call Center Employs Local Talent And Specializes In Mediating Prepaid Account Management And Fraud & Dispute Activity In Both English And Spanish.
\\r\\n"},{"date":"2015-12-01","id":"prepaid-ventures-acquires-money-access-mac-card-operations-and-fulfillment","title":"Prepaid Ventures Acquires Money Access M.A.C Card Operations And Fulfillment","body":"Prepaid Ventures, a leading provider of payment processing, program management and prepaid debit card solutions, today announced the acquisition of the Money Access MAC Card Visa Prepaid Card (MAC Card) and partnership with the JetPay Card Services Corporation to assume operational and fulfillment responsibilities. MAC Card will be managed out of Prepaid Ventures New Hyde Park corporate offices. MAC Cards existing cardholder network will be ushered into the new program at no cost.\nPrepaid Ventures will issue the new MAC Card to existing and new customers, giving cardholders across the country access to a convenient and affordable direct deposit card product. In addition, the MAC Card will continue to offer two pricing options, MAC One and MAC Choice to its customers. Both card types are reloadable through thousands of retailers across the country offering Western Union, MoneyGram and Visa Readylink. MAC Card will now be backed by Prepaid Ventures secure payments network and will boast a redesigned mobile and desktop user experience.\nWe take pride in continuing to offer the unrivaled consumer value and quality that MAC Card customers have enjoyed for years, says Andrew Siden, Chief Executive Officer of Prepaid Ventures. Were uniquely positioned to grow the MAC Card brand. We are very excited to provide this network increased security, better benefits and enhanced user experience, backed by award-winning customer support.\nNew and existing customers of MAC Card can learn more at myMACcard.com, or call 1-844-636-6300.\nJetPay Corporation is a leading provider of vertically integrated solutions including card acceptance, transaction processing, payroll, payroll tax filing and other financial transactions. JetPay provides a one vendor solution for payment services, debit and credit card processing, ACH services, and payroll and tax processing needs of business (edited) \nPrepaid Ventures Named Rising Star Winner In 10th Annual Pay Awards\nJan, 16\nPaybefore has selected Prepaid Ventures as a 2016 Pay Awards winner in the RISING STAR category. For 10 years, Pay Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for payments executives.\nWe started with nothing as an industry outsider, so being recognized at all for this award is truly a great honor, says Andrew Siden, Founder and CEO of Prepaid Ventures. Wed like to thank Paybefore for acknowledging the hard work and dedication to moving forward within this industry. Prepaid Ventures was selected by an expert judging panel that evaluated nominations from around the world.\nWeve been recognizing excellence and innovation in payments for 10 years. Once again, we saw nominees from across the globe tackling payments problems with mastery and ingenuity, says Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. From Silicon Valley startups to established powerhouses, the winners in this years competition reflect a dynamic industry with no sign of slowing its pace of expansion and change. Were proud to recognize Prepaid Ventures contributions to advancing electronic payments.\nPrepaid Ventures is a RISING STAR for its undying commitment to staying current with marketing trends and developing solutions for businesses in need. Whether providing financial service centers a prepaid debit card program to revitalize and digitize their transaction and reporting functioning, managing customized access point programs, providing powerful technology for financial management or through exceptional consultation, Prepaid Ventures strives to provide unrivaled service.\nPrepaid Ventures now will vie for Best-in-Category distinction, which will be announced during the Pay Awards ceremony on March 21 at the All Payments Expo. Visitors to Paybefore.com will have a chance to vote on Best in Category through Feb. 29. The outcome of this vote (counted as one-sixth of the total) will be combined with the five judges picks to determine Best-in-Category honorees.\nPaybefore is the leading information provider to prepaid, mobile and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefores family of media properties includes: Paybefore.com; Pay News, Pay Gov, Pay Week, Pay Op-Ed, Pay Magazine, Pay Awards Magazine and a global payments directory, Pay Connect available online. Visit us at www.paybefore.com.\nPrepaid Ventures Named Outstanding White-label Platform Winner In 10th Annual Pay Awards!\nJan, 16\nPaybefore has selected Prepaid Ventures as a 2016 Pay Awards winner in the OUTSTANDING WHITE LABEL category. For 10 years, Pay Awards has conferred the most prestigious recognition of excellence in the worldwide prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for payments executives.\nThe ROVR Financial Management Platform is the culmination of dedicated and focused work over 5 years, says Andrew Siden, Founder and CEO of Prepaid Ventures. Our close watch on the needs of the financial technology industry led us down a path to provide unmatched transactional and management functionality in a highly customizable environment.\nWeve been recognizing excellence and innovation in payments for 10 years. Once again, we saw nominees from across the globe tackling payments problems with mastery and ingenuity, says Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. From Silicon Valley startups to established powerhouses, the winners in this years competition reflect a dynamic industry with no sign of slowing its pace of expansion and change. Were proud to recognize Prepaid Ventures contributions to advancing electronic payments.\nPrepaid Ventures ROVR Financial Management Platform is winner of OUTSTANDING WHITE-LABEL PLATFORM because it improves short-term and long-term business performance by streamlining transactional and reporting that is traditionally time-ineffective and susceptible to fraud. Reducing operating costs by eliminating the needs for physical transmittance of funds through checks and shipping/handling, ROVR is effective in smoothly managing financial transactions, minimizing record-keeping errors and redundancy, ensuring compliance with tax and account regulations. ROVR allows businesses offer product flexibility, gain brand awareness and increase customer loyalty.\nPrepaid Ventures now will vie for Best-in-Category distinction, which will be announced during the Pay Awards ceremony on March 21 at the All Payments Expo. Visitors to Paybefore.com will have a chance to vote on Best in Category through Feb. 29. The outcome of this vote (counted as one-sixth of the total) will be combined with the five judges picks to determine Best-in-Category honorees.\nPaybefore is the leading information provider to prepaid, mobile and emerging payments industry professionals, offering the latest news, commentary and analysis. Paybefores family of media properties includes: Pay News; Pay Gov; Pay Week; Pay Op-Ed; Pay Magazine, Pay Awards Magazine and a global payments directory, Pay Connect available online. Visit us at www.paybefore.com.\nNBPCA Names Andrew Siden To The Board Of Directors\nFeb, 16\nThe Network Branded Prepaid Card Association (NBPCA), a national trade association dedicated to supporting the continued growth and success of prepaid products, Announced Andrew Siden to the Board of Directors. As Founder and CEO of Prepaid Ventures, Andrew brings a unique background and outlook to the board that will help ensure NBPCA continued growth and fully represent the entire prepaid value chain.\nI am honored to be named to the NBPCA Board of Directors, says Andrew Siden, Founder and CEO of Prepaid Ventures. The NBPCA has stood as a pillar of success in the prepaid industry and I am focused on continuing the extensive work theyve done.\nAndrew Siden joins three other accomplished payments experts that have been added to the NBPCA Board of Directors. Mr. Sidens unique perspective and experience in the prepaid industry will bolster a well-rounded board for the NBPCA and assist in shaping the future of prepaid.\nThe Network Branded Prepaid Card Association (NBPCA) is a non-profit, inter-industry trade association that supports the growth and success of network branded prepaid cards and represents the common interests of the many players in this rapidly growing payments category. For additional information, visit NBPCAs website, or follow us on Twitter @NBPCA.\nPrepaid Ventures, Ltd. Ranks No. 4150 On The 2016 Inc. 5000 With Three-year Sales Growth Of 67%\nAug, 16\nInc. magazine today ranked Prepaid Ventures, Ltd. NO. 4150 on its 35th annual Inc. 5000, the most prestigious ranking of the nation's fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy's most dynamic segmentits independent small businesses. Companies such as Microsoft, Dell, Domino's Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc. 5000.\n\"Inclusion in the Inc. 5000 means the world to us. As a Financial Services Technology provider our mission is to deliver cutting edge financial inclusion products to our customers. The task required significant investment and careful execution to get to this stage. I am very proud of what we have been able to accomplish and even more excited for what lies ahead for us as a company. I know I speak for the entire team, from our Engineers, to our Call Center Representatives, to our sales force, when I say we are honored to have been considered, and now included, with the other best in class companies who made the list.\" Andrew Siden, Founder and CEO\nThe 2016 Inc. 5000, unveiled online at Inc.com and with the top 500 companies featured in the September issue of Inc. (available on newsstands August 23) is the most competitive crop in the list's history. The average company on the list achieved a mind-boggling three-year growth of 433%. The Inc. 5000's aggregate revenue is $200 billion, and the companies on the list collectively generated 640,000 jobs over the past three years, or about 8% of all jobs created in the entire economy during that period. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.\n\"The Inc. 5000 list stands out where it really counts,\" says Inc. President and Editor-In-Chief Eric Schurenberg. \"It honors real achievement by a founder or a team of them. No one makes the Inc. 5000 without building something great usually from scratch. That's one of the hardest things to do in business, as every company founder knows. But without it, free enterprise fails.\"\nPrepaid Ventures, Ltd. (PPV), founded in 2007, is a leading processor of Payments and prepaid debit card solutions in the United States. Leveraging proprietary cutting-edge technology and a deep understanding of the Financial technology landscape, Prepaid Ventures offers innovative solutions to Banks and Businesses as well as Financial Inclusion solutions to end users. By having the foresight to see the transformation of payments from paper check form to fully electronic before the larger marketplace, PPV has been able to build technology to help foster this change. Now with processing, sales, call center, and payments infrastructure, PPV delivers end to end solutions to businesses and individuals alike. PPV has been recognized as a leader in the FinTech industry by several market participants as well as by unaffiliated third parties.\nMore about Inc. and the Inc. 500|5000\nMethodology\nThe 2016 Inc. 5000 is ranked according to percentage revenue growth when comparing 2012 to 2015. To qualify, companies must have been founded and generating revenue by March 31, 2012. They had to be U.S.-based, privately held, for profit, and independentnot subsidiaries or divisions of other companiesas of December 31, 2015. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2012 is $100,000; the minimum for 2015 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.'s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.\nFounded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 15,000,000 today. For more information, visit www.inc.com.\nThe Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.\nFor more information on Inc. and the Inc. 5000 Conference, visit http://conference.inc.com/.\nNexscard Vendor At 2016 Fisca Exposition & Conference\nAug, 16\nNexsCard attends 2016 FiSCA Exposition & Conference as a vendor. NexsCard was proud to introduce a year of development and progress, including launching NexsCard Pink, the redesigned NexsCard website and the new NexsCard Mobile App\nPrepaid Ventures Boasts In-house Bilingual Call Center\nAug, 16\nPrepaid Ventures Is Proud To Operate An Expertly-trained In-house Call Center. The Call Center Employs Local Talent And Specializes In Mediating Prepaid Account Management And Fraud & Dispute Activity In Both English And Spanish.\nNexscard Sponsors 2016 Anti-Money Laundering Compliance Workshop\nSep, 16\nNexsCard Was Proud To Sponsor The AML Compliance Workshop At The Doubletree By Hilton Hotel Carson On September 28th. Andrew Siden And Connie Fenchel Explored Anit-Money Laundering Techniques, Financial Security And How To Protect Your Business In The Digital Age.\nPrepaid Ventures attends 2016 Money 20/20 in Las Vegas, NV\nOct, 16\nPREPAID VENTURES ATTENDS THE 2016 MONEY 20/20 CONFERENCE IN LAS VEGAS BETWEEN OCTOBER 22ND AND OCTOBER 25TH.\nPrepaid Ventures Facilitates Direct Connection With Moneygram\nNov, 16\nPrepaid Ventures is happy to announce a direct connection with MoneyGram, resulting in faster and more convenient service to clients and consumers.\nPrepaid Ventures attends IMTC World 2016 as a Silver Sponsor and Vendor\nNov, 16\nPrepaid Ventures was proud to be a Silver Sponsor and Vendor at IMTC World 2016. Prepaid Ventures highlighted new and innovative Money Transmission solutions for the digital age.\nPrepaid Ventures CEO Andrew Siden interviewed at IMTC World 2016\nNov, 16\nPrepaid Ventures, LTD. Founder & CEO Andrew Siden recently spoke with IMTC World 2016 in Miami Beach. Florida. Mr. Siden discusses the evolution of money transfer payments & management and how Prepaid Ventures has played in a part in advancing technical innovation. Specifically, Mr. Siden highlights the ability for Prepaid Ventures to be a solution for companies transitioning from traditional brick & mortar transferring to digital processing.\nPrepaid Ventures, through licensing and fintech platforms, provides the ability to acquire and send money to merchants worldwide. Mr. Siden also discusses the impactful role IMTC World has played in bringing people and ideas together. As a sponsored speaker, Mr. Siden launched IMTC World 2016 on the first night of the convention signaling the continuation of a lasting & sustainable relationship between Prepaid Ventures and the Money Transmission industry. IMTC World 2016 was hosted in Miami Beach, Florida between November 8th, 2016 and November 11th, 2016.\nPrepaid Ventures' CEO Andrew Siden Speaks at Card Forum 2017\nMar, 17\nPrepaid Ventures, LTD. Founder & CEO Andrew Siden will be speaking at Card Forum 2017 on May 8 at Austin, TX. Mr. Siden will be speaking on \"The Future of Prepaid Innovation\". The talk will outline evolution of money transfer payments, management and how Prepaid Ventures has played a vital role in advancement of Prepaid Services.\nCard Forum is built exclusively for card and payment executives at the industrys leading issuers, networks and retailers. The program includes cutting edge insight from different industry leaders like Chase, Wells Fargo, Bank of America, Google, PayPal, VISA. The 2017 program features in-depth case studies and networking to ensure that youre making the most of your time away from the office and coming back with actionable strategies.\nCapX Payments And MiCamp to Offer Merchants Cash Discount Program\nMay, 17\nMiCamp Solutions, a recognized leader in payment processing solutions, and CapX Payments, an innovator in payment solutions, today announced a new cash discount program for merchants called WAVit. The program will allow merchants to drastically reduce their credit card processing fees and provides significant cost savings.\nCapX Payments, a subsidiary of Prepaid Ventures, is a partnership of industry veterans bringing nearly 75 years of payments experience to market. CapX Payments is excited about our new partnership with MiCamp and the revolutionary merchant solutions we will bring to market with our combined efforts. CapX specializes in investing in new niches in the payment space, and MiCamps partnership allows us to deliver on that motto. With the combined years of experience and unique product offerings in MiPoint and WAVit, our partnership will revolutionize the payment space, says Paul Compton, President of CapX Payments.\nAndrew Siden, CEO of Prepaid Ventures, added, We are thrilled to have Paul and his team leading us, and the rest of the industry, as we bring much needed choice and change to the marketplace. Micah Kinsler, President of MiCamp Solutions, echoed the CapX teams enthusiasm by saying, Were excited to offer merchants a more cost-effective way to do business. With the cash discount program, merchants are able to keep more of the money they earn and can accept all the ways their customers would like to pay.\nMiCamp Solutions is a trusted leader for payment processing solutions in the restaurant, hospitality, and retail industries. Supported by extensive expertise, strong partnerships, and proven technologies, MiCamp Solutions offers the latest advancements in payment processing to increase security while optimizing business operations. For more information, visit micamp.com.\nPrepaid Ventures' CEO Andrew Siden to moderate the Newcomers & What's Next in Payments Panel\nSep, 17\nPrepaid Ventures, LTD. Founder & CEO Andrew Siden, with over 25 years of experience in financial services and electronic payment processing, will be moderating the Newcomers & What's Next in Payments Panel on September 19 in Phoenix, AZ.\nPayThink is focused on the rapidly changing, inter-connected markets of debit, credit, mobile, prepaid and digital payments. As we move toward a cashless society and payments become less visible, PayThink provides payments executives with forward-thinking ideas and strategies to ensure banks maximize their opportunities to become the default payment method, and keep abreast of innovations in credit scoring, faster payments, analytics, security and fraud detection.\nPrepaid Ventures CEO, Andrew Siden to Speak on Financial Digital Trends at IMTC Miami Wednesday, Nov. 29, 2017 4:30pm 5:30pm\nNov, 17\nPrepaid Ventures CEO, Andrew Siden and Controller, Michael Gaspar, will participate in a round table discussion titled, Are We There Yet? Focusing on the adoption rate of digital channels within the financial industry. The panel, made up of other industry insiders, will also discuss best practices users should integrate and be aware of within the money transfer marketplace as well as trends to expect in the coming year and beyond. For more details on the conference click here. Prepaid Ventures will also host and sponsor the IMTC\nWelcome Reception on Tuesday, Nov. 28, 2017\n5:30pm 7:30pm\nIMTC is a forum, experienced in international money transfer and within the global payments industry. IMTC partners with many companies, individuals and a wide array of associations and organizations, including government institutions from around the globe to create the largest gatherings within the market. IMTC brings the researchers, consultants, politicians, regulators, and activists, while also bringing together the providers of services and/or products that intersect with the industrys core services.\nPrepaid Ventures attends Power of Prepaid 2018\nApr, 18\nPrepaid Ventures LTD. attended NBPCAs Power of Prepaid on April 9, 2018, a must-attend annual event for the prepaid community. The event held in D.C. provided cutting-edge content, discussions, and enhanced networking with those leading the way in prepaid compliance, legislation, regulation, and innovation. The Power of Prepaid program is designed to keep its attendees ahead of an ever-changing industry and position us to succeed in tomorrow's prepaid environment.\nPrepaid Ventures attends ETAs TRANSACT Trade Show\nApr, 18\nPrepaid Ventures attended TRANSACT held on Tuesday, April 17th to April 19th. TRANSACT is an annual meeting and tradeshow by ETA that attracts 4000+ attendees. TRANSACT is the place where financial institutions, networks, payments companies, FinTech and technology innovators gather to make the deals that shape the industry. This annual conference gives greater insight of new advances and innovations that push the industry forward.\nPrepaid Ventures sponsors and speaks at The FSCNY Conference & Expo\nApr, 18\nPrepaid Ventures sponsored and attended FSCNYS Conference & Expo in New York on April 26th. Financial service providers from across the region will gathered at the annual conference. Prepaid Ventures CEO Andrew Siden participated on a panel discussion focused on the critical issues impacting the FSC industry. Financial Service Centers of New York is the professional trade association representing New York's licensed check cashing industry, the financial services industry has fulfilled its mission to ensure that millions of low to moderate income New Yorkers in the most underserved and under-banked neighborhoods have access to affordable, secure and quality financial services in a convenient and regulated environment.\nPrepaid Ventures sponsors and speaks at The CFSP Conference\nMay, 18\nPrepaid Ventures sponsored and attended The CFSP Conference on May 6th and May 7th. CEO Andrew Siden spoke at the conference focusing the discussion on Prepaid Cards. The California Financial Service Providers Association (CFSP) represents California businesses that offer check cashing, consumer loans, and other financial services. Their mission is to promote the goodwill and general welfare of its members, to educate public leaders and policy makers about their products and services.\nPrepaid Ventures attended and sponsored at The AFPD Innovations Buying Show\nMay, 18\nPrepaid Ventures attended and sponsored at The AFPDS Innovations Buying Show in Michigan on May 8th. AFPD known as The Voice for the food, beverage and petroleum industry is a multi-state trade association representing thousands of retailers operating in Michigan, Ohio and surrounding states. This show is aimed at bringing together the best companies and giving them the opportunity to meet hundreds of other businesses.\nPrepaid Ventures CEO Andrew Siden participates in two panel discussions at IMTC USA\nJul, 18\nPrepaid Ventures sponsored and participated in IMTC USA 2018 in San Francisco, June 27-29, 2018. Prepaid Ventures CEO Andrew Siden participated in two panel discussions. The first, a fire side chat, with Joe Graves, co-founder of Groundswell Card (www.groundswellworld.com) and Hugo Cuevas-Mohr of IMTC (www.imtconferences.com), discussed vertically integrating payments solutions for MTOs, as well as the valuable relationship between not for profits and MTOs. This discussion highlighted the partnership between PrePaid Ventures prepaid and payment solutions and how it benefits Groundswell's mission to partner with nonprofit organizations to share transaction fees from the loyal members of not for profits organizations back to the nonprofit organization to fund their mission.\nThe second round-table discussion moderated by Hugo Cuevas-Mohr, featured a discussion of the opportunities and challenges of developing cash distribution partnerships using innovative technology solutions.\nPrepaid Ventures attends and exhibits at The Pawn Expo\nJul, 18\nPrepaid Ventures attended and exhibited at The Pawn Expo in Las Vegas, July 10-12, 2018. Pawn Expo is the only national convention and trade show for the pawn industry, hosted annually by the National Pawnbrokers Association. The Pawn Expo Trade Show brings over 120 companies together to feature the largest collection of vendors and service providers that cater specifically to the pawn industry.\nPrepaid Ventures attends the 20th Annual AFPD Holiday Food & Beverage Show\nOct, 18\nPrepaid Ventures attended the AFPDS Holiday Show in Michigan on September 6, 2018. AFPD known as The Voice for the food, beverage and petroleum industry is a multi-state trade association representing thousands of retailers operating in Michigan, Ohio and surrounding states. As Michigans premiere holiday show, retailers and on- and off-premise licensees come from miles away to see, sample and buy. This is AFPDs biggest show of the year with the highest attendance.\nPrepaid Ventures sponsors at the 2018 FISCA Conference and CEO Andrew Siden participates in a panel discussion.\nOct, 18\nPrepaid Ventures sponsors and participates in the 2018 FISCA Conference at the Cosmopolitan, Las Vegas, October 4-7, 2018. The panel discussion was focused on critical industry topics including cybersecurity, state and federal legislative issues and developments, payments, new products and services, research and data, regulatory updates and more. CEO Andrew Siden also introduced the Awards at the Awards Luncheon as the Sponsor of the event. Prepaid Ventures unveils the new Mobile Teller app along with the Nexscard for Business, to continue to grow our relationships with our check cashing partners.\nPrepaid Ventures to attend the 2018 Money 20/20 Conference\nOct, 18\nPrepaid Ventures is set to attend the 2018 Money 20/20 Conference at the Venetian, Las Vegas, October 21-24, 2018. Money20/20 is where the Payments, FinTech and Financial Services ecosystem unites to create and explore the disruptive ways in which consumers and businesses manage, spend and borrow money.\nPrepaid Ventures to attend the 2018 IMTC World Conference\nOct, 18\nPrepaid Ventures will be attending and sponsoring the Welcome Reception at the 2018 IMTC World Conference at the Eden Roc, Miami, November 13-16, 2018. IMTC WORLD gathers +500 participants from close to 50 countries and is the largest gathering of the industry in the world, with a whole new wave of participants from Fintech start-ups, Blockchain-based companies and all VCs interested in business opportunities. This is IMTCs largest conference with the most attendees\nPrepaid Ventures Awarded Long Island's Top Workplace 2019\nDec, 19\nThis prestigious designation is based solely on employee feedback that represents PPVs corporate office and regional support teams. The anonymous employee survey gathered responses covering different areas in the workplace culture, including employee alignment, engagement, connection, and compensation as well as company leadership, management, and effectiveness.\nThank you to our team for keeping us on top, said Prepaid Ventures Chief Executive Officer Andrew Siden.\nPrepaid Venturess EVP of Finance and Compliance, Michael Gaspar, named to Long Island Business News 40 under 40 Class of 2020\nApr, 20\nPrepaid Ventures EVP Michael Gaspar was recognized by Long Island Business News by being named to its 40 under 40 Class of 2020. This honor features leaders of Long Island who have begun to distinguish themselves in business, government, education, and not-for-profit sector. They also have a proven track record of career success and are involved with mentoring and promoting their profession while giving back to their local communities.\nPrepaid Ventures, LTD. Wins 2020 Excellence in Customer Service Award\nApr, 20\nPrepaid Ventures, LTD. is a financial technology company that specializes in payment solutions. Prepaid Ventures offers a broad range of robust products including white label services, prepaid and payroll debit solutions, early access of direct deposits, mobile apps, cardholder websites, and customizable CRM and POS systems. These solutions were created with clients and customers in mind and they strive to bring the best quality of payment services to the industry.\nPrepaid Ventures believes that bringing the highest level of customer service is the driving force to success and has made it their goal to always provide every call with a great experience. With our in-house call center, we provide our customers with a more personal experience from our own employees who use our services everyday. The team has done an outstanding job just by understanding that our customers come first. said Andrew Siden, CEO of Prepaid Ventures.\nYear after year the role of customer service plays a more important aspect in all of our lives, said Maria Jimenez, chief operating officer of the Business Intelligence Group. We are thrilled to be honoring Prepaid Ventures as they are leading by example and making real progress on improving the daily lives of so many.\nOrganizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions.\nwww.ppvglobal.com\nPrepaid Ventures, LTD. entered the financial market with the aim of providing customers of alternative financial centers a financially inclusive product, making e-commerce, and other electronic payments universally accessible. Today, as one of the leading providers of payment processing, program management, and prepaid debit card solutions, Prepaid Ventures also leverages its in-house technology to launch other products for itself as well as third parties.\nThe Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organizations proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.\nPrepaid Ventures, LTD.: The Next-Generation Cloud-Based Payments Processor\nAug, 20\nThe eventual emergence of the e-commerce world during the late 90s and the early 21st century was a game-changer for various industries worldwide, particularly for the banking and finance field. As the transactional activities began to digitize, the financial sector changed drastically, including the landscape of alternative financial products. The unbanked and underbanked customers from the alternative financial products industry, also known as the check-cashing industry, faced obstacles when partaking in online shopping because they were still dealing in cash.\nPrepaid Ventures, LTD. (PPV) entered the financial market in the year 2007 with a key aim of providing customers of the alternative financial sector a financially inclusive product, making e-commerce and other electronic payments universally accessible. The company now offers a suite of electronic payment options across multiple payment products and distribution channels.\nAndrews Entrepreneurial Journey\nAndrew Siden (Founder and CEO) has been a major driving force behind Prepaid Ventures success. He brings 30 years of financial services and electronic payment processing experience to the company. The veteran leader started his career at Smith Barney in 1991, where he worked as a Guided Portfolio Manager and ultimately became an Equity Trader with Knight Capital Group. Then, in 2003, he left Wall St. to pursue the rapidly evolving Alternative Financial Services (AFS) market, where he joined a leading New York-based check-cashing business. Once there, Andrew implemented new corporate strategies, leveraged technology, and improved compliance & operational procedures. All the while gaining a broad understanding of the AFS landscape and ultimately launching Prepaid Ventures and developing its initial product, the NexsCard Prepaid Visa Card.\nNow, as the Founder and CEO, Andrew has set up new priorities for PPV, which includes the launch of new products such as a payroll card program, gift card program, and companion card program. Also, Prepaid Ventures will continue to build upon existing programs such as Avid Prepaid, NexsCard For Business, and a remote deposit capture feature-mobile teller.\nThe Motivation behind Prepaid Ventures\nAndrew shares, In 2005, I entered the alternative financial services space, and in 2007, started PPV. I never realized how many people were unbanked and how the big industry was. At the time, the government estimates were 60 million un or underbanked. Banks were not available to them, people not having financial services that they needed, or even a choice, so people used alternative services and check-cashing. As Andrew started his journey in the check-cashing industry, he would work various shifts. He noticed each week at 11 pm, the nurses from the local hospital would have a shift change and would come to cash their paychecks, leaving the store with cash in a dangerous neighborhood to go home at night. This situation didnt sit right with Andrew, and he saw an opportunity to help check cashers and customers.\nSimultaneously, companies like EBAY were hitting the mainstream, and people who rely solely on cash could not participate in the online economy. Prepaid cards were not widely available at that time, nor was it common with check-cashing stores. To overcome this problem, Andrew figured out a way to customize a prepaid card for check cashing stores and their customers. This motivated him to start Prepaid Ventures. He raised capital, and NexsCard was formed. Through tenacious effort, research, and with a few false starts, Andrew persevered and designed a product to meet the needs of customers and bridged a gap in the check-cashing industry.\nAndrews notion of offering this to a select group of NY check cashing stores quickly grew to a national program. It was with this demand that the seasoned leader started a core team that really pushed the product to a large distribution network of retail locations. Despite such a big achievement, Andrew still felt that the product needed to be refined. So, he recruited more technical staff, and PPV was able to build upon an already great product known as NexsCard. Commenting on this, he says, The most difficult years were the first two, even though there was tremendous growth.\nThe Continued Evolution of NexsCard\nIn 2009, after two years of developing and fine-tuning his model, Andrew launched NexsCard, a prepaid debit card in the market. NexsCard allowed checking cash customers to load cash onto a network-branded prepaid card at their local check cashier, or obtain direct deposits, and to use the card anywhere with Visa brands approved (Prepaid Ventures exclusively partners with Visa to provide its prepaid card solutions). In addition to the cardholder benefits, NexsCard agent check cashers were able to keep their check cashing revenue, retain the customers that they would otherwise have lost to direct deposit and grow their revenue streams by offering NexsCard. Throughout the establishment of this prepaid debit card, Andrew brought in resources such as Customer Support and Technology in-house to empower the Prepaid Ventures platform. When NexsCard achieved critical mass, Andrew started pursuing other payment space-related projects; that is where they are today.\nOver time, Prepaid Ventures began reinvesting the profits earned from NexsCard into its own processing platform, which included mobile applications, cardholder websites, and more. Andrew explains, We really work hard to provide our customers with products and services that work for them. We even built an in-house call center to provide our customers with a more personal experience from our own employees who use the card every day.\nToday, Prepaid Ventures is one of the leading providers of payment processing, system management, and prepaid debit card solutions, using its in-house technology to launch other products for itself and third parties. This includes payroll cards, corporate prepaid cards, general-purpose reloadable cards, and remote deposit capture of checks. Consumers have become more digitally oriented and increasingly involved in online check cashing. Mobileteller system of Prepaid Ventures has been specifically developed to ensure the smooth virtual interaction between agents and their customers. The company empowers clients with its disbursement services and flexible payment management software with bank-level security, focused on replacing manual paper-based processes with electronic payments and documents.\nPrepaid Ventures collaborates with several different supply chain providers, which results in a seamless, vertically integrated solution in a complex marketplace. It has also entered the merchant processing space to add to its full suite of processing, payments, and program management services. Because of this, the company uses a customer approach and customized consultative client, coupled with the agile methodology to develop new solutions.\nEnsuring Unparalleled Security of Customers Information\nIn the card and payment industry, security is a concerning topic for consumers because they want protection from any unknown threats. Prepaid Ventures recognizes this demand, and therefore, it implements any regulatory changes swiftly, monitors its systems, and relies on stringent risk management approaches to ensure consumer protection.\nThe company employs security tools on a product, program, and portfolio level. Moreover, it undergoes an annual PCI audit and has achieved Level 1 PCI, the industrys highest standard. Below are some of the ways PPV employs its solutions:\nAccount Shield: Customers have full control over their account security by blocking transactions. They can instantly protect their card by turning on Account Shield. This option temporarily enables or disables account transactions. Cardholders can do this by using the mobile app or cardholder website.\nBiometrics: The company secures customers data with 256-bit encryption, a high level of data security. Using biometrics like Touch ID and Face ID protects the information with automatic sign-out if a customer leaves the app open. It also uses two-factor authentication for an extra layer of protection when a customer creates their account or performs certain actions.\nEMV chip technology: This technology is used to support safe and secure payments. It offers enhanced fraud protection, smart security, and is the global standard to safeguard customers data and transactions.\nReal-Time Alerts: Any time a customer uses their card, it sends instant transaction reminders to that customer. As a result, the customer will know their balance in the account. Additionally, its card programs support a robust alert/notification system.\nVisas Zero Liability Policy: Visas Zero Liability Policy covers card programs to ensure that cardholders are not liable for unauthorized charges. This is a guarantee from Visa that customers will not be held responsible for unauthorized charges resulting from their account or account details. They are protected even when their Visa credit or debit card is lost, stolen or fraudulently used, online or offline.\nFDIC Insured: PPVs top priority is to protect its customers that starts with keeping their information and money secure and safe. Therefore, card programs are FDIC insured. Funds are insured up to $250,000 through its issuing bank, Metropolitan Commercial Bank, Member FDIC.\nEnhanced Fraud Engine: Using industry best practices, cardholder experience, past transactional history and knowledge of the retailer environment, PPV makes it possible to prevent what may seem like an assault by fraudsters who also threaten prepaid cards and prepaid industries\nSeeking Best Qualities, Crediting Board Members\nThe team is one of the core elements which define the success of any organization. Andrew feels fortunate to have trusted friends as the board members. The advice and guidance offered by them help him stay competitive. The board challenges Andrew and has advised him of the entrepreneurs curse at the start of his endeavors.\nThis has always motivated Andrew to become a better CEO and has held this philosophy very closely. Therefore, he credits his recognition and performance to his boards encouragement and advice. As for team members, Andrew searches for certain characteristics inside his team that reflect the same entrepreneurial spirit that is instilled in him. Drive, willingness to learn and intellect are those characteristics that make a successful member of Prepaid Ventures. These are the fundamental skills required to succeed at PPV.\nwww.ppvglobal.com\nPrepaid Ventures, LTD. entered the financial market with the aim of providing customers of alternative financial centers a financially inclusive product, making e-commerce, and other electronic payments universally accessible. Today, as one of the leading providers of payment processing, program management, and prepaid debit card solutions, Prepaid Ventures also leverages its in-house technology to launch other products for itself as well as third parties.\nwww.mirrorreview.com\nMirror Review is on a mission to depict not only the achievements of companies and entrepreneurs but also to shed light on the innovations they are carrying to disrupt the current market scenario. Doing so, we hope to inspire and enlighten thousands of businesses and personnel around the world through our best leadership magazine.\nPlutus Card to Launch in the United States, 8% Crypto Rewards Accessible by Millions\nAug, 22\nAndrew Siden, CEO at Prepaid Ventures:\nLondon | August 10, 2022, 10:00 AM Eastern Daylight Time\nPlutus, the visa debit card offering 3-8% in crypto rewards, today announced its plans to dominate the United States (US) neo-banking sector.\nPlutus is a London-based FinTech providing industry-leading crypto reward rates and 20+ Perks such as 100% back on Netflix, Spotify, and Prime. Its user base has experienced 20.4% Month-on-Month (MoM) growth due to the value customers get from its rewards programme.\nCurrently, Plutus is available in the United Kingdom (UK) and European Economic Area (EEA). In Q1 2023, Plutus will launch its finance app and card in the United States (US), the largest crypto market in the world.\nPlutus has partnered with Prepaid Ventures (PPV), one of the leading debit card solutions in the US, to issue its Plutus-branded Visa debit cards to U.S. residents.\nDanial Daychopan, CEO & Co-founder of Plutus, comments on the announcement:\nThis is a major milestone. Soon, a population of 330m will be able to earn substantial amounts of crypto simply for living their lives to the fullest! We know there is a huge demand for our services and we have full intentions to become a dominant player in the U.S. neo-banking sector.\nAndrew Siden, CEO at Prepaid Ventures, comments on the partnership:\n At PPV, we are perfectly built to support Plutus in bringing its solutions to the US and providing its customers with a dynamic and reliable platform customized to match Plutus' offering in the EU.\"\n\"Our missions are well aligned and we look forward to a successful partnership with the Plutus team.\"\nPlutus recently experienced a huge surplus of card orders, issuing 6 months' worth of card stock in less than 6 days and ultimately running out of card stock. Now, 50,000+ users are signed up on a waitlist until cards return in stock.\nPrepaid Ventures, LTD. entered the financial market with the aim of providing customers of alternative financial centers with a financially inclusive product, making e-commerce, and other electronic payments universally accessible. Today, as one of the leading providers of payment processing, program management, and prepaid debit card solutions, Prepaid Ventures also leverages its in-house technology to launch other products for itself as well as third parties.\nPrepaid Ventures Becomes ExpanseFT\nOct, 22\nPrepaid Ventures, a leader in providing full-service cloud-based payment solutions announced today that it has changed its name to Expanse Financial Technologies, Inc., LTD. The company will operate under the name ExpanseFT.\n\"This is an exciting milestone for our business,\" declared Andrew Siden, ExpanseFT's CEO. \"The ExpanseFT name embodies our mission to provide a broad spectrum of scalable financial products including credit, debit, prepaid and crypto solutions. Our powerful and dynamic platform enables our partners to leverage an ever-expanding range of payment products, services, and support to create extraordinary customer experiences. ExpanseFT is dedicated to creating unique solutions that are proven to deliver trust and positive results.\"\nExpanseFT empowers partners to customize their FinTech relationship and select from full-service solutions ranging from white label card issuing program management and full cycle collection, disbursement, and ACH services to focused use case-oriented experiences. Partners have the flexibility to take advantage of an expansive catalog of managed services or simply integrate their existing environment into ExpanseFT's powerful API set.\nExpanseFT capitalizes on strong strategic partnerships and years of industry experience. \"We're seeing a growing need for someone to bridge the gap between those seeking financial solutions and today's complex payments infrastructure,\" said Siden. \"We've run our own successful business utilizing the same solutions we are now proud to offer to our partners. We know there's a need out there and we're excited to solve this problem in the industry.\"\nExpanseFT is a full-service cloud-based payments solutions provider based in New York. ExpanseFT's platform leverages powerful technology, dedicated and knowledgeable team members, and years of industry experience to offer solutions to partners and consumers. ExpanseFT offers custom technology solutions, award-winning in-house customer service, vigilant compliance, and fraud monitoring services, and a solutions-oriented approach to create exceptional partnerships and user experiences.\nSOURCE: ExpanseFT\nCEO Andrew Siden Talks Innovation with Ben Jackson on the IPA Payments Pod\nJan, 23\nOur CEO, Andrew Siden recently sat down with Ben Jackson on the IPA Payments Pod to discuss the company's history, its growth, and what the future holds.\nIn the interview, Siden emphasized the importance of incorporating innovation into product development. \"We are constantly looking for new ways to improve the payment experience for our customers,\" he said. \"Whether that's through new technology or partnerships, we're always looking for ways to stay ahead of the curve.\"\nSiden also touched on the role of timing and luck in the success of a business \"Having a great idea is only part of the equation. The timing has to be right and sometimes you need a little bit of luck to make it all come together.\"\nOverall, the interview provided valuable insights into the world of fintech and the challenges facing entrepreneurs in the industry. If you're interested in learning more about ExpanseFT and its mission to make payments more seamless and secure, be sure to check out the latest episode of the IPA Payments Pod.\nExpanseFT Mourns the Passing of Founder and CEO Andrew Siden\nApr, 25\nIt is with profound sadness that we announce the passing of Andrew Siden,\nour Founder, CEO, colleague, and dear friend. Andrews passion, leadership,\nand unwavering commitment shaped ExpanseFT into the company it is\ntoday. His loss leaves a tremendous void, both professionally and personally,\nfor all of us who had the privilege to know and work alongside him.\nExpanseFT will continue to operate without interruption. To ensure stability\nand continuity, the Board of Directors has appointed Michael Gaspar, who\nhas been serving as our Chief Operating Officer, as Chief Executive Officer.\nMichael Pruzan, a longtime Board member since 2008, has been appointed\nExecutive Chairman. Together with the leadership team, they remain\ncommitted to carrying forward the vision and values Andrew instilled in all of\nus.\nWe extend our deepest condolences to Andrews family, friends, and\neveryone touched by his remarkable life.\nMedia Contact:\nMichael Gaspar\nChief Executive Officer\nExpanseFT\n(516) 653-2440\ncontactus@expanseft.com\nPress Release
"},{"date":"2015-11-01","id":"prepaid-ventures-partners-with-mpay","title":"Prepaid Ventures Partners With MPay","body":"Prepaid Ventures, a leading provider of financial processing, full service program management and prepaid card solutions, today announced a partnership with MPAY, a leader in Human Capital Management Solutions (HCMS), to create the Payentry Card. Showcasing MPAYs core offering, the two partners will offer a robust, multi-wallet pay card as well as employer qualified benefit solutions such as HSA, FSA, HRA and more.\nBest In Class Industry Veterans Team Up to Provide Robust Card Products\nPrepaid Ventures, a leading provider of financial processing, full service program management and prepaid card solutions, today announced a partnership with MPAY, a leader in Human Capital Management Solutions (HCMS), to create the Payentry Card. Showcasing MPAYs core offering, the two partners will offer a robust, multi-wallet pay card as well as employer qualified benefit solutions such as HSA, FSA, HRA and more.\nMembers of MPAYs extensive distribution network will benefit from the marriage of Prepaid Ventures cutting edge proprietary technology and API-set coupled with MPAYs already robust payroll processing stack. This powerful integration will provide MPAY customers a wholly integrated solution of payroll processing and seamless distribution to their network. Were excited to partner with MPAY and their team to offer another high quality payment card solution in the marketplace, says Andrew Siden, Prepaid Ventures Chief Executive Officer. \nThis collaboration represents two best-in-class, innovative companies bringing forward a ground-breaking product offering. The Payentry Card will be fully integrated into MPAYs platform to allow fast and easy enrollment. Payentry card customers will get paid faster and more reliably while enjoying all the benefits that network-branded prepaid cards offer.\nCardholders will be able to withdraw cash at ATMs, make purchases online and at retail locations, manage their accounts in Prepaid Ventures award-nominated financial management portal, and make card to card transfers with their colleagues, friends and family. Payentry customers will also now enjoy powerful desktop and mobile applications that cardholders can leverage in day to day transactions, bill payments, card to card transfers, and transaction history all backed by industry-leading customer support.\nMPAY and the MPAY Network (www.MPAY.com) focus on expanding solutions offered to employers, including time and labor management, human resources and benefits. Our vision is to build the largest network of human capital management providers in the US, empowering employers to focus on running a successful business. (edited)
"},{"date":"2015-10-01","id":"prepaid-ventures-unveils-rovr-financial-management-platform","title":"Prepaid Ventures Unveils Rovr Financial Management Platform","body":"Prepaid Ventures, a leading provider of program management and payment & processing solutions, today launched ROVR a web-based financial management portal. Showcasing a combination of financial experience and investments in technology, ROVR is an integrated technology stack that manages a range of processes, including transaction management, analytics, processing and reporting. Accelerated by the same cutting-edge technology used by major video streaming services, ROVR will provide white-labeled financial management power to its users.\nROVR offers merchants and businesses the flexibility to accept, manage and report on transactions performed within the system and is fully capable of integrating with existing software. ROVR is customizable to be both a highly reliable, durable and robust Point-of-Sale terminal, as well as a powerful financial management portal. ROVRs online interface enables users to access:\nRoutine customer transactions Load and unload cash\nDirect Deposit management and form creation\nVisa Readylink integration\nCustomized theming and user experience\nEnrolling and verification of customer accounts\nMulti-tiered role-based user security\nAlert and notification management\nFully-customizable reporting functionality\nROVR accelerates and simplifies transactional and reporting functionality for all business types, ranging from disbursements and settlements to full-service access-point GPR cards programs. In addition, Prepaid Ventures will supplement the ROVR financial management technology with comprehensive program management, including in-house developers, IVR capability and an in-house Customer Support Center.\nPrepaid Ventures has proven experience in providing dynamic and innovative solutions to businesses not available elsewhere in the financial program management industry. The ROVR Platform is the culmination of our close watch on market trends, investments in financial technologies and the unwavering support of our clients and partners, says Andrew Siden, CEO of Prepaid Ventures. This offering brings forth best-in-class, customizable technology with unrivaled program management. Financial programs powered by Prepaid Ventures and ROVR will provide the best consumer value in the industry.
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