Gibraltar is Europe’s innovative e-money centre. We are open for business and welcome and support reputable firms and quality business that wishes to establish in Gibraltar alongside our existing license holders. Our stated policy is to attract quality not quantity. The Gibraltar delegation attending PayExpo 2015 includes Paul Astengo, Senior Executive with Gibraltar Finance, the Gibraltar Electronic Money Association together with member firms IDT Finance, Payoneer, The Bancorp and Wave Crest. In addition I am particularly pleased that the Gibraltar Financial Services Commission will be represented at PayExpo 2015. I invite you to engage with them, share their experiences and I look forward to welcoming you to Gibraltar�. Albert Isola MP Minister for Financial Services
Gibraltar Finance
On behalf of HM Government of Gibraltar it is with great pleasure that once again Gibraltar Finance is exhibiting at PayExpo in London. We first attended in 2014, encouraged by the private sector firms that have made Gibraltar their corporate home, in what proved to be a very successful conference. Our attendance this year is looking to build on those initial steps. Across financial services Gibraltar trades on three main elements “Reputation, Regulation and Speed to Market” and it is this message that we will continue to deliver at the 2015 event. Happily I am joined by an exceptional delegation of Gibraltar licensees and a senior representative of our regulator. The panel discussion that I will moderate will explore and develop the theme “Is it still possible to be a successful cross-border business in ePayments?” I am sure that you will find the discussion thought provoking and informative. Gibraltar is an ideal jurisdiction, it is an onshore, European financial services centre of choice and the ability for firms to passport into the EU and a market of over 500 million people provides an excellent opportunity for growth and prosperity. We look forward to meeting with you. Paul Astengo Senior Executive Gibraltar Finance www.gibraltarfinance.gi
IDT Financial Services Limited (IDT Finance) is an award winning, regulated issuing bank and industry leader in providing European prepaid BIN Sponsorship Services. As one of the premier issuers in Europe, IDT Finance will work with you to launch your ideal product in an efficient and compliant way. Having passported our banking license, we are permitted to provide payment services across the whole of the European Economic Area (EEA). As a principal member of MasterCard® International Incorporated and Visa Europe Limited, IDT Finance is an ideally placed partner for providing innovative solutions combined with extensive knowledge of the European regulatory and compliance environment. To be successful in cross-border ePayments any organisation must be aware of each member state’s interpretation of the relevant European Directives and ensure they are adhered to, a key value in partnering with an established European issuer. With a focus on quality and high service levels our priority, we pride ourselves on taking the consultative approach throughout the program journey. IDT Finance structures its business in such a way that it allows us to support and encourage our partners to provide the best prepaid solutions available on the market today. Daniel Spier Managing Director IDT Financial Services Limited www.idtfinance.com
Wave Crest Group Limited is an awardwinning enterprise payment company that provides next generation payment solutions and services to large global corporations and governments across the world. We consistently innovate to provide payment solutions that are ground-breaking and make the most of the ever growing and changing mobile, internet and social space. Our vision is to redefine and revolutionize the payments platform across the world and enable our clients to be market leaders in their sectors.
The Bancorp – Transact Payments Limited (The Bancorp), as a top issuer of Visa®, MasterCard®, Discover® and UnionPay®, we continue to be one of the fastest growing and most experienced issuers of branded prepaid programs in both Europe and the U.S. today.
We offer turn key products for business payments, employee, student and taxpayer disbursements, fleet payments, prepaid cards, lottery payments. Both pre-defined and custom offerings are available for all of our products, which can be found at www.mychoicecorporate.com and www.myfarecard.com.
Cross-border payment services will always have challenges but the opportunity for those that preserve can be most rewarding.
We recognize that there are real issues associated with doing business across borders in a compliant, affordable and efficient manner. Helping clients to navigate the practical, cultural and regulatory issues they may face when making cross-border payments is our priority.
At the core of successful cross-border payment services is a focus on:
Wave Crest Holdings Limited in Europe is a regulated e-money issuer and a principal member of MasterCard and Visa EU. Wave Crest Payment Services of the Americas, Inc. is a FinCEN-registered prepaid access provider, and an issuer of Discover Network prepaid cards.
• Utilising advanced technological solutions to develop more reliable, efficient and affordable payment solutions to counter abuse and resolve disputes effectively.
Miles Paschini CoFounder and Chief Revenue Officer Wave Crest Group Limited
www.thebancorp.com
www.wavecrest.gi
Take a close look behind some of the world’s most successful companies offering payments today: that’s where you’ll find The Bancorp. Is it still possible to be a successful crossborder business in ePayments?
The development of this sector represents the key to the creation of a genuine borderless environment which will be a continued source of growth and innovation in Europe in the coming years.
• Developing the legal framework for effective cross-border services; • Improving on the established payment services with consumer focussed solutions;
Kriya Patel Managing Director The Bancorp – Transact Payments Limited
Payoneer (EU) Limited (Payoneer) is a crossborder B2B payout platform that enables companies and small businesses to pay their beneficiaries around the world. Our payout solutions include Bank Transfers, Prepaid MasterCard® card and the Payoneer Account. Payees can choose their preferred payment method, no matter where they are. Thousands of companies have chosen our turnkey payout solutions, tailored to meet their specific business & technical requirements with all the necessary components to manage and provide payments to worldwide suppliers and service providers. Our services reduce the cost of making payments by eliminating the use of expensive, traditional methods. As the European subsidiary, Payoneer EU is licensed in Gibraltar by the Financial Services Commission as an e-money issuer and payment services provider and issues e-money and provides payment services in Gibraltar, in multiple currencies, to customers resident in multiple jurisdictions. Howard Gibbs Managing Director Payoneer (EU) Limited www.payoneereu.com
issues. Ramparts provides support for clients in the financial services (e-money, finance and funds), electronic commerce (including payments and e-gambling) and technology sectors. Our clients include individual entrepreneurs, early stage innovation companies and publicly listed multi-nationals. We have also recently opened a private client practice to support wealthy individuals and families with their personal wealth management matters. Ramparts: “no assumptions, just solutions” Peter Howitt Founder/Director Rampart Corporate Advisors Limited www.ramparts.eu
The Gibraltar E-Money Association (GEMA) is a not-for-profit association established to represent parties participating in the e-money sector in Gibraltar. It is dedicated to the progression of e-money and innovative payment solutions and promotes Gibraltar as an international centre for global Payment Service Providers (PSPs), wishing to benefit from Gibraltar’s unique position within Europe. The Gibraltar E-Money Association addresses the challenges of the evolving e-money market, offering leadership and expert guidance.
European Law Firm Rampart Corporate Advisors Limited (Ramparts) is a European law firm based in Gibraltar and in the UK. We specialise in UK, Gibraltar and EU wide legal and regulatory
Our members are: IDT Financial Services Limited, Payoneer (EU) Limited, The Bancorp – Transact Payments Limited, Wave Crest Group Limited & Rampart Corporate Advisors Limited.