Providing Payment Services in Europe? Companies Must Navigate Two Layers of Regulatory Control

Delivering payments services in the EU can be a great opportunity, but the regulatory landscape is complex.

A business that decides to become incorporated in the European Economic Area (EEA) to provide payment services or issue e-money in and across EU member states must navigate at least two layers of regulatory control.

Wave Crest’s general counsel and chief compliance officer, David Wilford, and well-known international law firm, Locke Lord, collaborated on an article about the complexities of operating a payments services or e-money business in the EU. While there are significant opportunities, it’s important to work with an expert who understands the ever-changing European and national legislation and how they are implemented in each member state where consumers or clients use your products.

Click here to read the full article on Paybefore.com.

Prepping for 2016 Tax Season: What Steps Will You Take?

Recently, WaveCrest attended two IRS Nationwide Tax Forums, each of which packed in a number of educational sessions on preventing identity theft, emerging issues in tax practice due diligence and more. But overall, the events had one main theme in mind: making sure you are up-to-speed on all things tax refund-related before January rolls around again.

There is a lot to do to get ready for tax season. Here’s why putting taxpayer refunds on a prepaid card should be at the top of your list:

  • Eliminate the cost and inefficiencies of checks
  • No follow-up visits needed to pick up refund; serve more taxpayers in 2016
  • Secure payments directly deposited onto card

Visit www.mychoicetaxpro.com for more information.

WaveCrest joined Gibraltar payment leaders at PayExpo 2015 in London to weigh in on cross-border business in epayments

WaveCrest and other payments experts from Gibraltar talk payments at PayExpo 2015 in London. WaveCrest’s Vice President of Marketing Miles Paschini explains the complexities of multi-currency and cross-border business in epayments. Additionally, PayExpo increased Gibraltar’s visibility as a leading global finance centre, where WaveCrest’s headquarters is also located. Read more in the Gibraltar Panaroma.

http://gibraltarpanorama.gi/15209/126159/a/gibraltar-presents-at-leading-emoney-event-in-london

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