Home » Vertical Opportunities

Vertical Opportunities


Acquisitions Drive Record Start for Meta’s Tax Business

Meta Financial Group’s heavy investment in the tax refund space is paying dividends, with the company’s MetaBank subsidiary originating a record $1.26 billion in interest-free tax advance loans between Dec. 12, 2016, and Feb. 28, 2017—up from less than $100 million in advance loans during last year’s tax season, according to the parent company.


New Blackhawk Program Offers Same-Day Rebates for Utility Customers

Capitalizing on consumer demand for cashback rewards, Blackhawk Network has launched a new rebate processing solution that helps utility service providers offer a rebate consumers can receive on the same day of service via prepaid card.


PayPal’s New Pal Is its First Payments Bot

PayPal has a new pal—namely its first bot that enables Slack users to move and manage their money in a conversational and casual style. The PayPal bot is available to 5 million Slack users in Australia, Canada, the U.K. and the U.S.

Smart car phone payment

Carmakers Are Showing Love to Payments, but How Far Can this Trend Go?

Not content with simply getting people from points A to B anymore, carmakers recently have been diving into mobile wallets and parking and payment apps, not only through partnerships but through acquisitions. The trend seems likely to gain speed in the coming year but there remain questions about how far automotive firms can go with payments, and what constitutes the best path.


New App Aims to Provide ‘Clarity’ to Personal Finances

Data analytics and artificial intelligence are on nearly everyone’s 2017 trend-watch lists, but Clarity Money wants to put those same tools directly into consumers hands with an app it says will improve financial well-being and increase users’ financial literacy.


Meta Financial Group Makes another Tax-Refund Move

MetaBank has finalized its purchase of a tax refund loan company, the latest in a series of acquisitions to give Meta a larger foothold in the tax services space.


Paysafe Pulls Prepaid Product from 100 Countries

Paysafe Group reportedly is pulling the plug on its Neteller and Skrill prepaid Mastercard cards in 100 countries on Friday. The move, which affects a product popular with online gamblers, apparently does not apply to North America or the 34 countries that are part of the Single European Payments Area.


J.G. Wentworth Hopes to Hit Jackpot with Lotto/Gift Product

Financial services provider J.G. Wentworth Co.’s new Give Some! Play Some! Gift Card combines a $20 virtual Visa gift card with a $5 scratch-off lottery ticket—discounted to $3—included as part of the purchase.


TSYS Signs on as Processor for Optal’s Virtual Card Payments

TSYS will be processing payment authorizations for Optal Financial Ltd.’s virtual card payments business, according to an Oct. 26 announcement. London-based Optal is a global provider of B2B payments services, including virtual account numbers, and is one of Europe’s biggest virtual card issuers, according to the companies.

Concept of World connections. Vector illustration.

Q&A with Susanne Steidl, Wirecard

In late June, Germany-based payments solutions provider Wirecard AG made a major foray into the North American prepaid market, announcing a definitive agreement to acquire Pennsylvania-based Citi Prepaid Services. Paybefore recently spoke with Susanne Steidl, managing director, Wirecard Acquiring and Issuing GmbH, about the Citi deal and how the acquisition fits into Wirecard’s overall growth strategy.

By clicking below, I acknowledge that my contact information will be shared with the companies whose files I am accessing on Pay Connect so they can contact me directly about their products or services. Please refer to their privacy policies for details on how your information will be used. Paybefore uses cookies to store this data so you will not need to re-enter it.

To sign up for Paybefore e-newsletters and announcements, click here.  http://paybefore.com/enewsletter-subscriptions/

  • This field is for validation purposes and should be left unchanged.