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CPCOMPANIES AND PEOPLE

Companies to Watch...G-T-P Group Ltd. 

G-T-P Group Ltd isn’t the largest or most experienced prepaid processor in the fledgling U.K. prepaid market, but CEO Helen Child has her sights set on being the best.



Executive Profile: One on One with Laura Kelly, Senior Vice President for Global Prepaid Solutions, MasterCard Worldwide 

The process of filing tax returns may not seem obvious territory for the prepaid space. But Laura Kelly, senior vice president for global prepaid solutions at MasterCard, and her team developed a program that offered the functionality H&R Block desired and would fulfill one of MasterCard's primary missions: innovation.


The Latest Paybefore Update & Legal is now available in PDF format - Click here to download 

VIEWPOINTS

Viewpoint: Congress Attempts to Tighten Screws on HSAs
By John Hickman, Esq. and Ashley Gillihan, Esq., Alston & Bird, LLP
On April 15, the U.S. House of Representatives passed a bill (HR 5719) proposed by Congressmen Charles Rangel (D-N.Y.), The Taxpayer Assistance and Simplification Act of 2008. The provision will now be taken up by the Senate where its prospects are less certain. 


Viewpoint: Snapshot of U.K. Gift Card/Voucher Market
By Andrew Johnson, Director General, The Voucher & Gift Card Association
The VA in the U.K. is the industry trade association representing gift vouchers and gift cards. The association is a pivotal organization in our market, bringing together retailers, gift voucher printers and gift card processors to work together to encourage market growth and innovation.



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FeaturesNEWS & FEATURES

Investors Still Eyeing Prepaid Despite Downturn in Economy

After a year of strong M&A activity and sizeable investments in the prepaid card industry, the current state of the economy has left some wondering what the future will bring.

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Letter from Paybefore’s CEO: U.K. Advancing in Prepaid But (Some) Retailers Remain Wary

Last week, I was honored to speak at the Fifth Annual Voucher and Gift Card Association Conference in London.


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nexgenTSYS Launches n>gen to Meet Changing Client Needs  

In April, Columbus, Ga.-based payments processor TSYS announced the launch of n>genuity in action: n>gen, which the company describes as “a new business paradigm that makes it easy for TSYS clients to efficiently and thoroughly manage all their complex payments-related business needs with point-and-click ease.”

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ETA News: Education, Regulation, Innovation in a Maturing Market

Payment professionals gathered in Las Vegas recently for the 2008 Electronic Transactions Association Annual Meeting and Expo. Outgoing president James Baumgartner of Moneris said the organization had spent the year working on an agenda of advocacy, education, information and networking. ETA, which focuses on the merchant acquiring industry, will continue to educate government officials and work with organizations with like interests, he said.

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