11th Anniversary Edition: Best of the 2017 Pay Awards

VOLUME 10 • ISSUE 2 • SUMMER 2017

WINNERS’ SHOWCASE Innovative Programs,Technology & Partnerships

2017 INDUSTRY ACHIEVEMENT WINNERS Cathy Beyda, Paul Hastings LLP; and Suresh Vaghjiani, GPS PLUS 3 Under-Tapped Markets for Prepaid PAY AWARDS

Winners’ SHOWCASE By Loraine DeBonis, Editor-in-Chief

n our 11th annual Pay Awards, we spotlight the also like to thank the 33,000+ Paybefore.com visitors best of the best in a fiercely competitive global who made their picks for Best-in-Category, as well. payments industry. Our winners hail from the U.S., Online votes were aggregated and added to our the U.K., Italy, Finland, , Gibraltar, Turkey, judging panel votes to determine the overall winner in ILatin America and Australia. Although they do busi- each category. The online voting supported or swayed ness in various (and often multiple) markets, they the outcome in five categories. share a commitment to innovation and problem- solving that rivals the luminaries in any field. “We are proud to celebrate the accomplishments of those that rose to the top of each category and the two Nominations increased by 25 percent over the 2016 individuals who were selected for our prestigious competition, and our expert judges faced a daunting Industry Achievement Award,” said Loraine DeBonis, task of selecting three winners in more than 20 Paybefore’s Editor-in-Chief and chair of the judging categories. They then were tasked with selecting one panels. “For the first time, we recognize a payments Best-in-Category winner, all of which are featured on leader from the U.S. alongside one from Europe, both of the following pages. whom are dedicated to propelling the industry forward to the benefit of businesses and consumers. Through this We owe a tremendous thank-you to the men and rigorous competition, our industry leaders have shown women who contributed their time and expertise to once again that ingenuity, collaboration and innovation this gargantuan judging effort (see below), and we’d are the lifeblood of payments.”

SPECIAL THANKS TO OUR JUDGES! Thanks to our expert judges, including Craig James, Neopay CEO and PIF chairman; Brad Fauss, former president and CEO, NBPCA (now general counsel, Wirecard North America); Tim Spenny, senior vice president, GfK Research; Matt 10 10 Davies, founder, Gift Card Network, and CEO, Powerhouse Brands; Kieran Hines, 10 practice leader, technology, Ovum; Rick Oglesby, president, AZ Payments Group; Jennifer Tescher, president and CEO, Center for Financial Services Innovation; and Thea Garon, manager, CFSI.

The 2017 Industry Achievement Judges included an esteemed panel of past recipients, including Jeremy Kuiper, EVP, head of payment solutions, The Bancorp; Stefan Happ, EVP and GM of prepaid and alternative payments, American Express; and Judith Rinearson, partner, K&L Gates.

4 PAY AWARDS

CHANGE AGENT OF THE YEAR The payments technology company that contributed most to the advancement or evolution of the industry in the past 12 months.

Wirecard payments technology payments

What it Is: Mastercard’s largest European integration, wearables, HCE and agency prepaid issuer is changing payments with new banking solutions. In 2016, Wirecard launched partners and product launches that support boon. with across multiple European innovation across form factors, payments markets. Boon. is Wirecard’s first fully digitized methods and channels. mobile payment solution.

Why it Works: Wirecard provides end-to-end Why it Matters: With scale, expertise and acquiring, issuing, processing and program continental reach, Wirecard supports a variety of management services, which supported the partners—telecommunications providers, 2016 launches of some of Europe’s most retailers, financial institutions and fintech start- innovative fintech solutions, including chal- ups—in creating value propositions that drive lenger propositions, expense-manage- loyalty and new, more convenient ways to pay. ment apps and an all-in-one debit/credit What the Judges Said: Wirecard has grown at proposition. an exponential rate by identifying opportunities and acquiring new businesses globally. It Differentiators: Wirecard continues to be at the forefront of payments Card Solutions, a technology and product launches that chal- subsidiary of Wirecard lenge the status quo. AG, actively issues across all of the SEPA region and continues to expand its services, including Apple Pay

WINNERS InstaMed InstaMed, Mastercard

Walmart MoneyCard by Green Dot Green Dot, Walmart

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