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IndustryUpdate

• Small is big in the money toting business. According to The NPD Group Inc., consumer sales for small handbags and money accessories, like card cases and
coin purses, grew to nearly $23 million, up 13 percent year-over-year as of October 2016. "The desire to simplify and streamline is made easier with the
prevalence of electronic payment and loyalty membership app options – consumers can consolidate most of those cards that used to fill their wallets onto
their mobile phones," said Beth Goldstein, Executive Director and Industry Analyst, Accessories and Footwear at NPD Group.
• At the other end of the spectrum, proving that small may not be big enough, Drone Delivery Canada Corp. entered an agreement with UAP Inc.'s NAPA Auto
Parts Division to begin testing a drone delivery system for parts transported from store to store, and store to consumer. DDC plans to work directly with
NAPA to design, prototype and test the new system using its existing logistics platform. DDC said it will also work within Transport Canada's framework for
deploying site-specific tests prior to initiating broad scale rollout of the program in certain regions of Canada.
• A platform designed to bring more local produce to area grocers developed by New York startup Pippin Foods LLC connects small farmers with grocers and
consumers. Co-founded by food entrepreneur and adviser Jennifer Goggin, the platform's in-store, interactive digital display and mobile app not only give
consumers real-time grower data on fresh produce items in stock, but it also enables grocers to maintain selection, variety and quality of produce almost
effortlessly as the seasons change.

ANNOUNCEMENTS way into their technology to offer an EMV-acceptance
solution for their customers using PAX Technology Ltd.
hardware and the TSYS payments front end, the com-
ATMIA celebrates anniversary, Wikipedia entry pany said.

At the start of the ATM Industry Association's 20th year, Kroll becomes PFI
online encyclopedia Wikipedia approved an entry for
the association. "What a way to kick start our anniversa- Risk mitigation, compliance, security and incident
ry," said Mike Lee, ATMIA Chief Executive Officer. "Our response solution provider Kroll Inc. reported it was
ongoing public and industry role has been recognized certified as a PCI Forensic Investigator (PFI) by the PCI
by an important voice of authority." Security Standards Council (PCI SCC). The certification,
held by only 22 firms worldwide, makes Kroll the only
This is a "fitting way to mark ATMIA's two decades PFI that is also a full-service investigative firm, Kroll
of history-making work," added ATMIA Founding stated. This PFI designation follows Kroll's certification
Director Tom Harper, who is President and CEO of in July 2016 as a Qualified Security Assessor by the PCI
Networld Media Group. "Kudos to Mike Lee, his staff SSC.
and so many others that have made the association such
a critical driver of the ATM industry." Magento receives funding promise

IBX receives EMV certification Digital commerce platform provider Magento Commerce
indicated Hillhouse Capital Group will invest $250 mil-
Integrity Payment Systems indicated its payment gate- lion in the company to fuel worldwide expansion, new
way, Integrity Business Exchange, has been certified product innovation and future acquisitions. Hillhouse is
with Total System Services Inc. (TSYS) to accept EMV partnering with the Magento management team and the
(Europay, Mastercard and Visa) chip-card transactions. U.K.-based private equity firm Permira, which will con-
This certification allows independent software vendors tinue to own a majority stake in the company. "We are
and other development partners who build the IBX gate- excited to be partnering with such an exceptional man-

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