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PFS Continue their Expansion and Welcome API Developers to Integrate with Their Core Banking Platform in Light of Various Competitors Withdrawing the Service

News and Media

 

API Solution

Prepaid Financial Services (PFS) Ltd, an award winning alternative banking provider and e-money issuer today announced that they are signing up over 5,000 new customers every working day and will continue to welcome all API developers who are looking to integrate their solution into a full end to end banking platform that can support current accounts, SEPA payments, Faster payments and merchant acquiring solutions.

In recent weeks a number of Banking providers have confirmed that they will put their Public API developer plans on hold. When asked if Prepaid Financial Services would be following suit CEO, Noel Moran, replied: "As the demand for our current account and payment solutions continues to grow, we have no intention of scaling back on the time or resources which we have previously dedicated to our API development. We have invested heavily over the past 3 years in additional API development to specifically support this aspect of our business. We have a large dedicated experienced API team and the recent Acquisition of Spectre IT Technologies has further strengthened our offering in this area."

PFS has a strong technology background and has developed a multi-module API suite that can be easily integrated. PFS support over 2000 live clients, a substantial proportion of whom have chosen to integrate to our real-time API, allowing them to utilize their legacy systems and provide them more control than a standard hosted solution.

Moran continued: "At PFS, we believe that we need to continue to support API development, especially in the increasing areas of e-commerce and mobile payments. Our API development will further enhance new applications and systems beyond those currently available. To date, PFS have API's which support SEPA payments, UK Faster Payments, UK Direct Debits, UK Current Account Switching, prepaid card and e-wallet issuing, Voucher and e-money issuing, E-money Wallet Sponsorship, single and multicurrency." The PFS Multicurrency API has been redeveloped recently to empower banks and Foreign Exchange Bureaus to embrace the concept.

PFS attribute much of their recent success to innovative partners who have chosen to capitalise on the value of the PFS real-time API.

With the tier 1 banks heavily investing in Fintech start- ups, PFS provide the perfect infrastructure to build proof of concepts and embrace the ever-changing landscape of the Challenger Bank sector.

PFS currently employs 145 staff and have offices across 4 locations and 3 Countries.

OTHER NEWS AND MEDIA

PFS Proud to Sponsor a Special Olympics AthletePFS featured in Informa/Mapa Research Spotlight SeriesPFS & Centtrip Listed in Senovate 250 UK FinTechs ListPFS Celebrates its "Biggest Achievement" by Winning Major European AwardInternational, Spanish & Irish press cover PFS Correos Google Pay milestoneInternational Media Including Dow Jones Feature PFS' Listing in the FT1000 2018Witness the Positive Impact of Prepaid Cards on Syrian Families in GreeceNoel & Valerie Moran Featured in The Irish ExaminerTechIreland Innovation Nation 2018 Book Features PFSPFS CEO, Noel Moran, on stage with The Economist in GreeceTV3's Saturday AM show live in studio with PFS CEO Noel Moran & a winner of the €1M Innovation FundPFS CEO, Noel Moran, live in studio on RTÉ Radio 1's Today with Sean O'Rourke showPFS' Valerie Willis discusses our Nourish Their Lives Campaign in partnership With The WFP Today's FM PodcastEuropean Business Awards Name PFS UK Digital Technology WinnerThe Sunday Business Post publishes extensive feature on PFS CEOPFS Named UK National Winner in European Business AwardsPFS Ranked on Deloitte’s Technology Fast 500 EMEA for 3rd Consecutive yearFintech revolution hits regions as Navan native’s start-up processes £2.8bnThe Irish Daily Star Tip of the Week PFS engage with Mastercard and WFP in an attempt to eradicate World HungerPFS Management & Staff in the UK, Ireland & Malta collectively celebrating this weekPFS is Ranked in The Sunday Times Hiscox Tech Track 100 2017 for the 5th Year in a Row - The Only Company on the List to Do SoNoel Moran Saturday AM InterviewLMFM Late Lunch with Noel & Valerie MoranNewstalk Podcast with Noel MoranPrepaid Financial Services Case Study Highlights Success of New RBBC Debt Collection Solution Prepaid Financial Services (PFS) Announces 2016 Annual Growth of 45% (to EUR47.6m) as the Company Continues its ExpansionIrishman Launches €1Million Fund To Help New InnovatorsPFS Launch €1Million Innovation FundMajor Recruitment Drive Announced for NavanMoneymailme Partners with PFS to launch virtual and physical cards Prepaid Financial Services (PFS) is Delighted to Announce that it has Received the Queen's Award for Enterprise, in Recognition of the Exceptional Growth and Commercial Success Achieved Over the Past Three Years PFS Continue their Expansion and Welcome API Developers to Integrate with Their Core Banking Platform in Light of Various Competitors Withdrawing the Service Prepaid Financial Services (PFS) Awarded the North-East Procurement Organisation (NEPO) Framework for Prepaid Card Accounts PFS to Become the Largest Individual Manager of Prepaid Card Programmes for the Distribution of Government Solutions in the UK Prepaid Financial Services (PFS) Acquires Software Development House Spectre Technologies Limited London's Shared Service Alliance of Hammersmith & Fulham, Kensington and Chelsea, and City of Westminster Appoints Prepaid Financial Services (PFS) to Manage its Direct Payments Prepaid Card Programme Torbay and South Devon NHS Foundation Trust Appoints PFS to Manage Its Direct Payments Prepaid Card ProgrammeRed Cross Provide Prepaid Solution to Support RefugeesVPNsandmore.com Extends Partnership With PFS to Launch Direct Debit Solution for its International Clients