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IndustryUpdate

TSYS recognized as ethical business ICSC releases retail survey results

Total System Services Inc. was recognized by the Results released by the International Council of
Ethisphere Institute, a global leader in defining and Shopping Centers show consumers welcome technology
advancing the standards of ethical business practices, as that enhances the shopping experience. The ICSC Retail
a 2017 World's Most Ethical Company. TSYS has been Technology Survey findings indicate consumers of all ages
recognized by Ethisphere five times in the last six years, are seeking an integration of technology and shopping
and is one of only seven companies in the financial that enables personalized shopping and improves the
services industry to receive this multiyear distinction, ease of clicking, connecting and accessing information
underscoring its commitment to industry-leading ethical during the entire shopping journey.
business standards and practices, TSYS said.

Verifone Carbon honored for design Mastercard studies consumer preferences

Verifone Systems Inc. won the 2017 iF Design Award According to the 2017 edition of the Mastercard Digital
for its Verifone Carbon integrated POS product. The iF Payments Study, digital wallets continued to gain promi-
Design Award is given annually by Hannover-based nence in smartphones and laptops and dominated the
iF International Forum Design GmbH, an independent discussion of new ways to pay. In addition, researchers
design organization in Germany. Verifone's POS innova- found consumers are showing an increased interest in
tion won over a 58-member jury of independent experts, the application of new technologies to make shopping
who selected Carbon for its innovative approach to POS faster, easier and more secure. In its fifth year, the study
technology, design elegance and flexibility, Verifone analyzed more than 3.5 million conversations from the
stated. past year across several social media channels.

RESEARCH Mercator looks at mobile payment platforms
Mercator Advisory Group's research report Mobile
ATMIA releases cyber-crime paper Payments Platforms and Markets: How High Is Up? pres-
ents a framework for assessing the U.S. mobile pay-
The ATM Industry Association published a briefing ments market. The report describes the current market
paper on the threats of cyber-crime facing the ATM landscape and discusses future implications for payment
industry. Titled ATM Cyber Security Briefing Paper, the technology vendors, developers, merchants and con-
study describes today's range of cyberattacks and refer- sumers. With ecommerce activity becoming the growth
ences security best practices required to combat them. engine for U.S. retail sales, the study findings con-
Compiled by ATM security consultant Douglas Russell, firm mobile payment technology and applications are
the briefing paper is designed to bring ATMIA members expanding at a rapid clip, researchers stated.
up to date with all current methods of attack at the cyber
and network levels. OTA reports on IoT security
Autonomous deepens fintech focus The Online Trust Alliance released its fourth in a series
of vision papers. Titled Securing the Internet of Things;
Global financial research firm Autonomous Research, A Collaborative and Shared Responsibility, the report was
launched Autonomous NEXT, a set of products and released in recognition of National Consumer Protection
services offering in-depth analysis of banking innova- Week. It outlines imperative actions that businesses,
tion and fintech developments to explore the future consumers and governments must take to ensure the
impacts of technology on finance. "We want to quantify security, privacy and vitality of Internet of Things devic-
fintech trends and provide strategic blueprints for finan- es. The paper also contains a warning: if there is not a
cial incumbents, fintech startups, and high-technology concerted effort by all stakeholders, there will be a mass
companies," said Lex Sokolin, Global Director of Fintech weaponization of devices.
Strategy at Automonous.

NTT DATA, Ingenico conduct poll PARTNERSHIPS

According to the Future of Money study, an online poll ACI, Jack Henry to advance real-time payments
commissioned by NTT DATA Inc. and Ingenico ePay-
ments, fast-growing companies are the most likely to ACI Worldwide, a global provider of real-time electronic
accept mobile payments. The global survey of 2,300 payment and banking solutions, and Jack Henry &
companies and consumers found 43 percent of business Associates Inc., a provider of integrated, core technol-
respondents with annual revenue growth of 11 percent ogy platforms for financial institutions, are partnering
or more have an app that supports purchases and pay- for real-time payments. Jack Henry will use ACI's UP
ments. By contrast, only 34 percent of companies with Immediate Payments to connect its more than 10,000
slower growth have such an app. financial institution clients and their customers to real-
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