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EML [ASX:EML] Payments Soars 14% for strategic clarity

Today beaten-up fintech EML Payments [ASX:EML] was given a gratifying push in the share market, seen to rise 14% early Friday afternoon.

EML shares plummet 30% as regulatory update takes its pound of flesh

EML Payments sets aside €7m for Central Bank investigation into Prepaid Financial Services

EML Payments sets aside €7m for Central Bank investigation into Prepaid Financial Services
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Northern Ireland to hand out shopping cards

Northern Ireland to hand out shopping cards Northern Ireland economy minister Gordon Lyons has announced that adults in the country will be given £100 to spend on the high street. From September, consumers aged over 18 will be able to register for the High Street Scheme, and receive a pre-paid card worth £100. The scheme will cost £145m, and the contract for its delivery has been given to payment technology company Prepaid Financial Services. The High Street Scheme card will be accepted by shops and businesses that can take credit and debit card payments, but cannot be used to make purchases online.Northern Ireland 2021-07-30

Opinion: Home Office card blunder has left thousands nearly destitute

Opinion: Home Office card blunder has left thousands nearly destitute By Robina Qureshi Thousands of asylum seekers, including families with babies and children, are still being left without money for food, almost two weeks after the failed introduction of new pre-paid cash cards by the Home Office’s contractor PrePaid Financial Services, after it took over from Sodexo. Verity, a mother of three, is one of several hundred who asked our charity for help: “I checked there was enough money in the new card. So I and my children went to the supermarket. We got our shopping, went to pay for it and packed our bags. I gave the lady the new card. She said sorry, but its declined. she tried again and it still happened. I had to put all the shopping bags back. I felt shocked and went home. My little girl kept saying are we not getting the shopping mummy.”

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