FirstView Financial Named Winner in Prestigious Paybefore Awards

CLEVELAND, Tenn., March 18, 2014 /PRNewswire/ -- FirstView Financial, a leading prepaid debit card program manager and processor, announced this week that it has won two prestigious Paybefore Awards in the One to Watch category and was also named a Best B2B Problem Solver.

FirstView Financial was selected by a panel of five industry experts for the awards. The competition was fierce, with companies and programs from the U.S., Canada, Turkey, Gibraltar, U.A.E., U.K., South Africa and Russia vying for top honors.

"Our in-house processing capability allows us to focus our B2B efforts on developing custom applications to meet the unique needs of clients," said industry veteran Trent Sorbe, FirstView President and CEO.  "Our vertical integration results in lower servicing costs and greatly accelerated speed to market."

The One to Watch award is given to the up-and-coming prepaid/emerging payments business that offers a program, product or service that offers staying power and displays the potential to move the industry forward. FirstView received this award courtesy of their being both a program manager and processor. Because of this dual status, FirstView provides exceptionally fast execution and unparalleled autonomy and is forecasted to double this year.

FirstView earned the Best B2B Problem Solver as well, which seeks the business that provides the best use of a business- or corporate-funded prepaid card – specifically in a business-to-business application. By providing private-label cards, FirstView solved a dire problem for PromoWorks' employees. Whereas these employees previously had to buy their own samples to serve at grocery stories, the card solved that problem, while serving a dual function as time/attendance and payment device.

For eight years, Paybefore Awards has conferred the most prestigious recognition of worldwide excellence in the prepaid, mobile and emerging payments industry. The awards are presented annually by Paybefore, whose publications are the leading source of industry information for alternative payments executives.

"An industry is only as good as its innovators. This year's Paybefore Awards have demonstrated that prepaid, emerging and mobile payments companies always find new ways to address consumer, government and business needs," said Loraine DeBonis, Paybefore editor-in-chief and chair of the judging panel. "We are proud to recognize FirstView Financial's contributions to advancing the industry."

"The companies and programs recognized in the 2014 Paybefore Awards are great of examples of what can be accomplished when innovators apply thoughtfulness and payments technology to address real-world needs," added Marilyn Bochicchio, Paybefore's CEO.

About FirstView

FirstView, LLC is a vertically integrated prepaid debit card processor and program manager. FirstView provides turnkey prepaid debit card solutions enabling clients to enjoy all the benefits of operating a fully custom prepaid debit card program, without the compliance risk, overhead and operational burden associated with entering the business directly.  FirstView's unique approach to the prepaid card business allows clients to focus on what they do best — providing best in class service to their customers — while relying on FirstView as a trusted partner to navigate the complex and rapidly-changing operational, risk and compliance environment of the prepaid debit card business.  The result is enhanced client and consumer satisfaction, as each program is custom built from inception and can be modified quickly in response to changing business needs. 

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SOURCE FirstView Financial