Industry Interviews

For years, the term “prepaid” has been synonymous with plastic gift cards and stopgap banking solutions - products that were useful in specific situations, but limited. Beneath the surface, however, prepaid technology has quietly grown into one of the most powerful layers of modern financial infrastructure. 

Canadian families have long lacked a modern, safe way to give kids financial independence while building healthy money habits together. In the U.S., youth money apps have flourished, but Canada’s stricter banking and compliance environment has made programs slow and complex to launch.

Gift cards have long played a central role in shopping center strategies. They attract new customers, encourage cross-store spending, and provide a simple solution for gift-givers.

A leading national tax preparation services company wanted to improve how it delivered refunds to clients.

As a business that relies on prepaid, debit or spend cards - whether for customer payouts, gig economy payroll, or incentives - you don’t want to worry about what’s happening behind the scenes. You just want your card program to work reliably and securely.

Frank Monaco is an awarding-winning payments pioneer with over 20 years of experience. He has a track record of developing, scaling, and restructuring businesses globally. He is currently the President and Chief Operating Officer at Tua Financial Technologies Ltd.