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IndustryUpdate




Ingenico supports EMV migration connectivity to maximize functionality and return on
investment. The mI:Deal has a compact, clam shell design,
POS terminal manufacturer Ingenico SA said it is with an ergonomic horizontal feeding area and straight
supporting U.S. EMV adoption by assisting U.S. paper path.
processors in certifying their systems as EMV compliant,
which is necessary as part of the card brands' overall EMV Payscape Advisors opens Tampa office
migration plan. Ingenico reported it played a pivotal role
in the Canadian EMV migration, providing a platform for Atlanta-based ISO Payscape Advisors opened a new
processors to test EMV transactions. central Florida office. The office is located in Tampa, Fla.'s
historic Garcia & Vega Cigar Factory. Payscape expects to
NCR scores with Atlanta Falcons hire more than 20 account managers for the new office; the
goal is to expand the company's presence in Florida.
NCR Corp. entered a four-year agreement with the Atlanta
Falcons National Football League team. As part of the Security Compass adds PA-DSS compliance
agreement, Official Falcons Gear, the Atlanta Falcons Retail capability
arm will install NCR's Netkey Endless Aisle solution. This
will allow stadium fans to preorder team merchandise Toronto-based Security Compass Inc. updated its SD
from designated NCR Express Zones for pickup anytime Elements secure coding platform for web and mobile
during the game, thus reducing waiting time in lines, the application developers. The updates include new content
companies noted. to cover the Payment Card Industry (PCI) Payment
Application Data Security Standard (PA-DSS). Security
Panini features new scanner architecture Compass said the added content allows payment
application developers to build PA-DSS-compliant
At the RDC Summit 2013 held Sept. 25 to 27 in Orlando, applications from the start.
Fla., check scanner manufacturer Panini featured mI:Deal,
dubbed a breakthrough solution with architecture that Swipely passes $1 billion payments thresh-
combines innovation and ease-of-use with plug-and-play old

Swipely said that, only one year after entering the ISO
space, it now manages over $1 billion in annual sales for
merchants across 29 states. Swipely reported it has doubled
sales in the last four months, and expanded its platform
support to more than 100 POS systems. The company
called its 100 percent compound quarterly growth rate
over the last four quarters "astounding."

Verifi wins two Stevies
Verifi Inc., a payment and risk management solutions
provider for card-not-present merchants, was awarded
two Stevie Awards for outstanding product innovation.
Verifi received a Bronze Stevie Award for Tech Innovator
of the Year and a Bronze Stevie for New Product or Service
of the Year - Software - Financial Management Solution.
The awards, conferred by the American Business Awards,
were judged and selected by a panel of more than 320
business executives nationwide.

RESEARCH

Tackling online fraud costs

According to the 5th Annual LexisNexis True Cost of Fraud
study commissioned by LexisNexis Risk Solutions and
conducted by Javelin Strategy & Research, merchants will
incur $279 in losses for every $100 in fraud committed in
2013, with online fraud activity being the most expensive
channel for fraud. The study also found online retailers are
losing a smaller portion of revenue to fraud this year, 0.51
percent versus 0.54 percent in 2012.

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