WaveCrest’s Commercial Relationship with TokenCard

The WaveCrest team is currently in New York attending TokenSummit and whilst here, we have announced our commercial relationship with TokenCard as their issuer and processor of electronic money, and are looking forward to helping them develop their next generation debit card product. TokenCard is a cutting edge smart contract technology which allows users to spend any digital assets using a card.

We are delighted that TokenCard chose to utilise our technology and regulatory capabilities for their product and look forward to developing a long lasting relationship with them that is mutually beneficial.

Launch of BitPay Visa® Card

WaveCrest at Consensus in New York are proud to announce the launch of the BitPay Visa Card. The BitPay Visa™ Card makes it possible for users to convert Bitcoin into a spendable dollar, euro or pound balance on a Visa Prepaid Debit Card in just minutes.

BitPay Visa Card

WaveCrest’s MyChoice Corporate Program wins the Most Innovative Technology category in PayBefore Awards

We are delighted to announce that we have been selected as the winner of the Most Innovative Technology category for the 2017 Pay Awards for our MyChoice Corporate’s Remote Host Authentication.

This year’s competition was fierce, with lots of companies vying for recognition as the best in the world in more than 20 diverse categories. Being chosen as a winner, especially in this category, is a significant achievement for WaveCrest.

Help us to win Best in Category by voting for WaveCrest by 31st May 2017 HERE

WaveCrest Appoints New Chief Technology and Security Officer


WaveCrest, a digital payment solutions provider for global corporations and governments, announced today that Steve Bishop has been named Chief Technology and Security Officer.

Driven by its MyChoice Corporate solution, WaveCrest enabled more than $1 billion of payment transactions in 2016 and the company expects its growth to accelerate as it ramps up investments business wide.

Bishop’s initial focus will be on ensuring that the company’s payments infrastructure—including its proprietary transaction authorization and fraud management engine—is enhanced to support the company’s anticipated volume growth. He will also be responsible for developing robust tools and controls to help both business partners and individuals better utilize and secure their accounts.

Bishop brings a proven track record for building technology solutions for the payment processing industry, including card issuing, acquiring, and bank-to-bank clearing services. His background in progressive compliance systems, risk management, loyalty systems, mobile and web technologies, and specialized payment and data processing for purpose-specific needs, makes Bishop perfectly suited to execute WaveCrest’s technology and security strategy.

In recent years, Bishop has provided advisory and consultancy services to boards and executives of several established companies and start-ups in both the payments and consumer-incentive loyalty market. In his capacity as an advisor and consultant, Bishop introduced new product strategies, designed and built technology platforms, performed business development and sales activities, and streamlined development and back office operations.

Prior to his consulting activities, Bishop served as Chief Information Officer at WaveCrest, Chief Technology Officer at FIS Prepaid Solutions and Chief Technology Officer at WildCard Systems. During his tenure at WildCard, Bishop designed and built one of the first open-loop prepaid processing platforms.

“I am delighted that Steve has re-joined us at a time when our focus is on the next stage of our growth,” says WaveCrest CEO Brent Almeida. “Steve’s deep knowledge and experience in this industry will be invaluable in guiding our technology teams to develop innovative fraud prevention tools.

“Steve’s expertise also enhances our team’s ability to develop robust systems that will support and protect our customers while ensuring platform stability through a period of transformational growth.”

Bishop’s enthusiasm for WaveCrest’s focus and commitment to continuously improving its customers’ experience and security made his decision to return easy.

“I am very excited about being involved in expanding on the opportunity,” Bishop says. “We will continue to focus on offering business partners an efficient and safe means of funds distribution through a wide variety of payment instruments and channels.

“This focus exemplifies the advancement of a valuable and vital need rarely provided in our industry, both regionally and globally.”

Read the PR Web article here

WaveCrest is moving to the World Trade Center (Gibraltar)

We are delighted to share the news that WaveCrest is moving to the World Trade Center (Gibraltar)




WaveCrest Enhances US Products with the Fuel Rewards Program

Ft Lauderdale, FL March 30, 2016 – WaveCrest Group Limited digital payments provider has announced that it will enhance its MyFare and MyChoice prepaid card programs with Fuel Rewards Network powered by MasterCard

Read this article to know more

WaveCrest Grows its U.S. and European Operations

Ft Lauderdale, FL January 29, 2016 – WaveCrest Group Limited a global digital payments provider, announces its expanding operations in the U.S. and Europe, as well as two key appointments.

Robert Pincus has been named Chief Operating Officer (COO) and will oversee WaveCrest’s global operations including product management, operations and development services.

Nitin Agarwal has been named Vice President of Business Development and Marketing in Europe and Asia.

Read this article to know more

WaveCrest Talks Taxi FinTech Innovation

Technology has changed the taxi industry so dramatically that it’s now questionable whether traditional cab services can avoid extinction. If it’s going to survive, the traditional taxi industry may need an overhaul from the ground-up, FinTech style.

That’s where WaveCrest comes in. The corporate payments company offers the taxi industry its MyFare Visa Prepaid Card, and its latest features aim to solve some of the most basic, but deep-rooted, problems in this sector.

Read this article to know more

WaveCrest Adds Exclusive Payments Feature to the MyFare Prepaid Card Program

Ft Lauderdale, FL January 29, 2016 – WaveCrest Group Limited announces new enhancements to the MyFare Prepaid Card for taxi fleet and for-hire drivers to simplify management of all their fleet-related payments with one secure card account.
Read this article to know more

Finalist in Best Prepaid Product of the Year Award in TCPA 2016

WaveCrest’s product MyChoiceCorporate is shortlisted as a finalist for Best Prepaid Product of the Year in the Card and Payment Awards (TCPA) 2016.

The Card & Payments Awards recognize excellence and innovation in the UK and Irish card and payments industries.

WaveCrest now compete with other finalists to win in this category. It’s a proud moment for WaveCrest.

Thanks to all our clients, partners and employees for making this happen.

See the TCPA finalists here