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InsideGS


WHERE IT STOPS Cover Story Company Profles




dealsnapt:
IS UP TO YOU! What sparks stellar innovation? Education
Five leaders' perspectives ..............................................................1
Merchant-driven deals ..................................................................35
Through the years, the business world has been instrumental in
providing the funding, tools and competition for innovation to
thrive. The payments sphere exemplifes this today. When was the last time you
inventoried your tools? ................................................................33
News By Jef Fortney, Clearent LLC
SEE YOUR INCOME GROW WHEN YOU START SELLING MERCHANT We talk about having a toolbox and using newer tools to help sell,
CASH ADVANCES FROM CAPITAL FOR MERCHANTS. CFPB criticism grows ......................................................................10 but when was the last time you inventoried those tools? When
Recent hacks of government databases are raising new concerns was the last time you counted the paperclips?
about the CFPB and the security of consumer fnancial informa-
tion the agency collects to inform its policy making. Street Smarts SM
Let's waste some money ..............................................................44
Android Pay gains pre-launch mojo .......................................10 By Jeffrey I. Shavitz, Afnity Solutions Inc
Google Inc. shared details of its forthcoming Android Pay app at
Google I/O 2015, where execs were confdent of the app's success, The notion of wasting money for proft may seem highly counter-
given that 8 million Android devices are activated daily. intuitive, but if done thoughtfully, it can lead to serious business
FCC declares Robo-geddon ........................................................12 growth.
In response to numerous complaints from consumers and busi- The one man show:
ness owners about unwanted robocalls and spam text messages, Strategic business planning .......................................................48
the FCC released new, restrictive guidelines in June 2015. By John Tucker, 1st Capital Loans LLC
Strong response to massive A payment pro operating a one man (or one woman) show must
breach of federal workers' PII ..........................................16 address various issues, including strategic business planning,
B2B sales, family relations, raising capital, partnerships and much
The United States Ofce of Personnel Management confrmed on more.
June 4, 2015, that a cybersecurity attack may have impacted as
many as 4 million current and former government workers. Three ways small businesses
can avoid being hacked ................................................................49
Industry Update ...............................................................................18 By Scott Nelson, ProPay Inc.
Views Large enterprises aren't the only organizations susceptible to

Insider's report on payments: vicious cyber-attacks. Small businesses, too, must take steps to
EMV and the law of unintended consequences ................26 protect their data and retain their customers' trust.
By Patti Murphy, ProScribes Inc. 10 things to consider before
selling your residuals .....................................................................50
Moving to EMV in the United States and not requiring PIN authen-
tication could have several unintended consequences, including By Richard A. Sachs, TouchSuite
increased "friendly fraud." Who's paying attention? Even for those with a lifetime of industry experience and impres-
sive merchant portfolios, understanding the residual purchasing
The ISO and portfolio market
that wasn't supposed to be ........................................................30 process can be unfamiliar territory.
By Adam Hark, MerchantPortfolios.com New Products
Given the potential for increased merchant attrition due to the Simplifed, processor neutral digital money ......................54
need to upgrade to EMV, it was reasonable to predict portfolio
valuations would decline in 2015. It didn't happen. Revealing competitive ranking, potential gaps ...............55
THE LARGEST PAYOUTS FAST CASH AND THE INDUSTRY’S MOST Inspiration
IN THE BUSINESS FAST COMMISSIONS COMPETITIVE PROGRAM Features Non-headache meditation ..........................................................57
The Mobile Buzz:
We pay out 10% with 8% upfront Apps are turned around in just 24 Sell cash advances from $3,000 up to Vanguard mobile shopper behaviors exposed .................25 Departments
plus 2% residuals on every deal. hours so your merchants will get the $500,000 with factor rates as low as Letter From the Editors ....................................................................5
On a $50,000 payback, you’ll walk capital they need, and you’ll start 1.15, flexible repayment durations, fast Recent research revealed how consumer demand for ubiquitous
away with $4,000 on day one. earning commissions in just days. approvals and no strict qualifications. mobile shopping and banking is reshaping the value proposition Readers Speak ......................................................................................8
for banks, merchants and service providers. Calendar of Events ..........................................................................32
Entering the omnichannel age .................................................53 DateBook .............................................................................................56
Many companies – primarily retailers – are exploring the om- Resource Guide .................................................................................58
nichannel experience to provide customers with seamless mes- Advertiser Index ...............................................................................70
BECOME A PARTNER TODAY! CALL 877-503-1914 saging at every entry point used to make a purchase.
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