A new report titled The Changing FinTech Landscape: A Snapshot of M&A Themes and Trends explores the maturing, consolidating fintech ecosystem. Published July 21, 2021, it provides perspectives from global law firm Shearman & Sterling, fintech accelerator Rise by Barclays, and research advisory S&P Global Market Intelligence.

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In person meetings are back! That was one clear message from the Midwest Acquirers Association annual conference. The event attracted 949 attendees, with the exhibit hall at times so packed the din of conversations was almost deafening.

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On July 22, 2021, Kabbage Inc., a data and technology company, launched Kabbage Checking, a business checking account designed to help all types and sizes of businesses improve cashflow. The Green Sheet recently interviewed Kathryn Petralia, co-founder at Kabbage, an American Express company, about the new service. Following are excerpts from the interview.

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When Juan Ortiz interviewed for his first job in the bankcard business, back in 1998, he had no idea what credit card processing was about. Fast forward to July 2021, and Ortiz was being honored by his peers, receiving an Industry Achievement Award during the Midwest Acquirers Association conference in Chicago last week.

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The gift card market experienced an uplift in 2020, especially during the holiday season, according to Blackhawk Network's BrandedPay Holiday 2020 Report. The survey of 1500 U.S. shoppers, published in November 2020, found 66 percent of respondents had purchased gift cards in 2020 and 72 percent planned to use them for holiday spending.

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Next-generation contactless solutions, with enhanced security and futureproof features, are facilitating safe and clean commerce at branch banks, restaurants and stores, according to recent reports.

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Lisa Shipley, chief revenue officer at Talus Pay, is a payments industry leader with more than 25 years of progressive experience in global business, building partnerships and teams across the Americas, Europe and Asia Pacific, and maximizing revenue growth for leading companies, including First Data and Transaction Network Services. Following are highlights from her interview with The Green Sheet.

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The FBI arrested a Florida businessman on allegations he and a California man hoodwinked an unnamed ISO and its upstream partners into processing credit and debit card transactions tied to a fraudulent telemarketing scheme that bilked thousands of unwitting consumers of millions of dollars for bogus debt-relief services.

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The Midwest Acquirers Association will host its 19th annual conference at the Chicago Marriott Downtown Magnificent Mile on July 21 to 22, 2021, drawing sponsors, exhibitors, speakers, media sponsors, payments industry thought leaders and attendees from across the payments ecosystem. Rod Katzfey, MWAA president, noted a record number of payments professionals have already registered for the event.

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Online payments giant PayPal launched a big push into the brick-and mortar market, offering PayPal Zettle to support omnichannel payment acceptance. PayPal Zettle is a digital POS system that also can be used to manage sales, inventory, reporting and payments across channels and on one device.

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The United Kingdom's cash impact assessment, undertaken by Her Majesty's Treasury in January 2021, has inspired discussions across the financial services ecosystem as global cashless trends continue to gain momentum. Leaders from banking, payments and ATM sectors support efforts to recognize cash as a viable payments option that complements digital transactions.

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The COVID-19 pandemic forced a lot of changes in the way merchants sell and consumers buy. This, in turn, created a "perfect storm" of opportunity for fraudsters. Evidencing this, the digital trust company Sift said it saw 59 percent in blocked, user-generated malicious content within its network of clients during the first quarter of the year.

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