Bellagio Hotel & Casino
3600 Las Vegas Blvd South
Las Vegas, NV 89109
Tuesday, November 1, 2011
PRE-CONFERENCE WORKSHOP B: LAUNCHING A PREPAID PROGRAM IN A NEW PAYMENTS ENVIRONMENT: WEIGHING THE RISKS AND REWARDS
First Workshop Choice. Choose between Workshop A or Workshop B. An additional fee is required.
Regulatory changes and actions have had a noticeable chilling effect on the traditional program manager/BIN sponsorship card issuance model. Prepaid card processors and program managers are frustrated by their inability to find BIN sponsors for new card programs. The lack of BIN sponsors in the US is now at a crisis level.
Philliou Partners recently met with regulators, issuers and program managers about this crisis yielding a detailed understanding of what is required to be a BIN sponsor in this new environment.
Key Takeaways: During this workshop you’ll understand the new requirements and procedures for BIN sponsorship and address the redefined role of a BIN sponsor; and focus on operational, financial and regulatory requirements.