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  • Breaking Industry News

    Breaking News articles for September 2020

    Amadis, nexo accelerate global commerce

    Tuesday, September 29, 2020

    Amadis, a payment software and consulting services company, released a new version of its Arkos commerce platform on Sept. 29, 2020. The updated software incorporates global nexo standards, messaging protocols and specifications. The solution is easy to deploy and implement, according to Emmanuel Haydont, CEO, and co-founder of Amadis.

    Read the whole story

    Fintech honors 25 women leaders

    Friday, September 25, 2020

    On Sept. 23, 2020, The Financial Technology Report released its 2020 list of top 25 women leaders. The New York-based publication, known for market research and financial sector news coverage, commended this year’s honorees for their accomplishments in leading their respective companies during a turbulent year marked by a global pandemic and economic uncertainties.

    Read the whole story

    Study links first-time users to digital abusers

    Tuesday, September 22, 2020

    Newly minted digital consumers have created a fertile playing field for fraudsters, according to a newly released LexisNexis Risk Solutions Cybercrime Report. Published Sept. 15, 2020, the study analyzed more than 22.5 billion recent transactions in the LexisNexis Digital Identity Network, finding a 37 percent increase over the previous year's activity. Researchers attribute changing consumer habits to transaction growth throughout the ongoing COVID-19 pandemic.

    Read the whole story

    100% PURE not 100% secure

    Tuesday, September 22, 2020

    On Sept. 22, 2020, 100% PURE, a natural skin care and cosmetics company, emailed the kind of notice no customer wants to receive. The retailer stated that a Sept. 15, 2020, "external data security incident" at its partner Shopify had involved the personal information of customers receiving the notice.

    Read the whole story

    Analysis of publicly reported data breaches available

    Monday, September 21, 2020

    Data breach analysis firm Breach Clarity maintains a database of publicly reported data breaches. Through a proprietary algorithm, it analyzes and assigns every data breach in the database a Breach Clarity Score, which is most-often from 1 to 10. The higher the score, the more severe.

    Read the whole story

    Black Friday different, not dead, says Shopify Plus

    Friday, September 18, 2020

    The coronavirus pandemic’s impact on retail businesses and the global supply chain was the topic of a Sept. 17, 2020, webinar hosted by Shopify Plus. Among topics discussed were the future of epic shopping events such as Black Friday and Cyber Monday and how businesses are digitalizing products and services.

    Read the whole story

    Virtual payments events open peak tradeshow season

    Tuesday, September 15, 2020

    The payments industry's 2020 peak tradeshow season is kicking off with concurrent virtual events designed to connect industry professionals with thought leaders in technology, consumer trends, retail systems, cybersecurity and regulatory spheres. The venues reflect the industry's ongoing globalization and growing popularity of digital conference formats, according to conference representatives.

    Read the whole story

    Green Sheet's Holland promoted to editor in chief

    Friday, September 11, 2020

    Payments industry friends, colleagues and fellow employees are celebrating Laura McHale Holland's promotion to editor in chief at The Green Sheet Inc. The well-deserved new title, disclosed Sept. 11, 2020, reflects Holland's astute editorial leadership for more than a decade, according to Kate Gillespie, CEO at The Green Sheet.

    Read the whole story

    Survey highlights digital banking imperative

    Wednesday, September 09, 2020

    A Sept. 9, 2020, study by Zafin found that consumers of all ages now want personalized digital banking. This dovetails with banks' initiatives to swiftly digitize their products and services in response to the coronavirus pandemic. And the resulting online and mobile capabilities will remain in demand post-COVID, stated Alexandra Roddy, chief marketing officer and executive vice president of partnerships at Zafin.

    Read the whole story

    Walmart, Paymentus expand bill pay options

    Friday, September 04, 2020

    Paymentus Corp. disclosed Sept. 3, 2020, that Walmart Inc. has joined the Paymentus Instant Payment Network. The new partnership expands consumer bill pay options at Walmart stores and within the Walmart app, according to Dushyant Sharma, president and CEO at Paymentus. “We are excited to be the leading force behind the paradigm shift in how consumers and business interact,” Sharma said in a statement. “Our partnership with Walmart further cements Paymentus as the future-proof provider of simplified bill pay experiences for consumers and a source of operational excellence for businesses.”

    Read the whole story

    ATM groups expand essential services

    Tuesday, September 01, 2020

    Encouraged by a March 19, 2020, memo from the U.S. Department of Homeland Security designating ATM owners, operators and service providers as part of the Critical Infrastructure Workforce, leaders of the ATM Industry Association (ATMIA) and the National ATM Council Inc. (NAC) immediately began collaborating with their members, sponsors and stakeholders to not only maintain critical infrastructure during COVID-19, but also to expand access to their organizations' services and initiatives.

    Read the whole story

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