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RESEARCH Commerce merchants also have access to CT's Cyber
Attack Readiness ToolKit, providing penetration test-
Adobe reports Black Friday record ing and primary account number scanning services that
meet the latest PCI DSS requirements. "These solutions
According to 2016 online shopping data released by make achieving and maintaining compliance quick, easy
Adobe Systems Inc., more than $5 billion was spent and affordable for our merchant customers," said Brian
online by the end of Black Friday. Black Friday also set Bonfiglio, President and CEO at Base Commerce.
a record by surpassing the $3 billion mark for the first
time. It also became the first day in retail history to drive Elavon teams with System Innovators
over $1 billion in mobile revenue. Adobe's Black Friday
report was based on aggregated and anonymous data Elavon Inc. and System Innovators Inc. teamed up with
from 22.6 billion visits to retail websites. government agencies to deploy a new payment system
that helps protect U.S. citizen information, prevent
BRP commerce study uncovers gaps fraud and provide industry-compliant EMV (Europay,
Mastercard and Visa) technology. The joint system com-
The 2016 Merchandise Planning Survey from Boston Retail bines SII's centralized cashiering and revenue manage-
Partners indicates savvy retailers know their planning ment software, iNovah, with Elavon's Simplify, a secure
tools are not equipped to support the unified commerce software application that resides on a payment device.
environment necessary to satisfy today's customers. The objective is to eliminate the need for government
Common issues raised by merchants include inadequate employees to enter credit card payments manually into
organizational structures for supporting an omnichan- revenue management systems. Payments can be made
nel environment, ineffective planning applications, and from a variety of sources, including chip cards to mobile
a lack of analysis capabilities for handling the high vol- wallets, the partners stated.
ume of data required to optimize planning decisions and
meet customer demand. FinTech Studios, PDS partner
HRC Retail Advisory releases data on shoppers FinTech Studios formed a strategic distribution part-
nership with Private Data Solutions. The joint solution
HRC Retail Advisory canvassed 3,100 consumers in the integrates PDAuth's multifactor secure authentication
United States and Canada on their shopping habits and technology into the FinTech Studios cloud platform,
attitudes, as well as what influenced their purchasing allowing FinTech Studios to provide clients and part-
decisions. According to the survey, the post-millennial ners with technology designed to securely connecting
generation is an increasingly important influencer of authenticated data to authenticated users. "Partnering
consumer spending. The survey results revealed the with Fintech Studios provides us a strong partner to
post-millennial demographic exhibits new shopping leverage our unique technology in the financial services
behaviors that focus on both malls and online shopping, industry," said Mike Marenick, co-founder of PDS.
with purchases heavily influenced by friends, bloggers
and social media. Hyperwallet links with USA Media Rights
Mercator studies credit and lending Hyperwallet Systems Inc. partnered with USA Media
Rights Inc., a music and media rights company. Through
A Mercator Advisory Group report titled Credit Scoring the alliance, USA Media Rights connects Hyperwallet
as a Competitive Differentiator discusses how traditional with music industry organizations to improve the pro-
credit score functionality adapts to the current market cessing and delivery of royalty payments for recording
and the potential of disruptive models. Highlights of the artists, music producers, and songwriters worldwide.
research report include analysis of the impact of alterna- Hyperwallet will enable international artists to quickly
tive lenders on the traditional banking system, reaching receive their royalties in their local currency, in addition
the financially underserved, new methods of deter- to providing a range of diverse payout options, and a
mining creditworthiness, and the relationship between self-service online earnings portal, the company noted.
credit scoring and the customer.
RLMS, ShoreTel form alliance
PARTNERSHIPS
Retail Lockbox Merchant Services partnered with
Conformance partners with Base Commerce ShoreTel Summit to help merchants accept payment
over the phone and meet customer demands for conve-
Conformance Technologies LLC reported that Base nient payment options. Summit's platform-as-a-service
Commerce LLC selected its PCI ToolKit solution for communications architecture allows RLMS to create
Payment Card Industry (PCI) Data Security Standard complex interactive voice response (IVR) systems with
(DSS) merchant portfolio compliance validation. Base ease for merchants, enabling their customers to make
payments or access account information by phone with-
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