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InsideGS

Cover Story Features
Global digital payments beckon .................................................1
By Patti Murphy Meet the Expert:
Global electronic payments received a major boost last year Mark Dunn ..........................................................................................26
when the government of India effectively removed 80 percent of An interview with Green Sheet Advisory Board member Mark
banknotes from its payment system. What gives? Dunn.
News The Mobile Buzz:
European hoteliers get tech savvy .........................................30
Betting on ATMs, PAI sells acquiring arm to Clearent ...10
PAI shed its merchant card portfolio in an effort to focus more on its At the 2017 Travel Technology Europe event held in February,
multiple tech startups blazing new trails in the travel industry
ATM business; Clearent purchased the business from PAI in the first showcased their wares.
of what could be a string of portfolio acquisitions.
Company Profile
Petro retailers 'low-hanging
fruit' in Verifone intrusion ...........................................................11 Ingenico Group.:
Verifone confirmed reports of an illegal entry into its corporate Empowering omnichannel merchants ..................................31
intranet. The intrusion, detected in January 2017, may have affected Education
about 24 gas station convenience stores, the company stated.
Street Smarts SM
Mastercard, Oracle expand cross-channel initiative ......12 Keep fighting, keep innovating, keep closing ...................44
Mastercard will continue a joint initiative with Oracle, following a UK By John Tucker, 1st Capital Loans LLC
pilot. The companies expect their technologies will help merchants Having offered a number of rebranding options for MLSs during the
improve payment security and customer reach.
past year, our outgoing Street Smarts author has one more sug-
SM
SEC charges former iPayment gestion up his sleeve- and it's radical.
execs, ex-CEO under fire ..............................................................14 Legal ease:
The DoJ and SEC charged two former iPayment Inc. executives with A legal take on the rise of legitimate aggregation .........46
masterminding a scheme to embezzle millions of dollars; the U.S. By Adam Atlas, Attorney at Law
Attorney's Office filed criminal charges against the pair.
It used to be unacceptable to process transactions for multiple
Industry Update ...............................................................................16 merchants through a single account; now everyone is doing it with
payfacs. What are the legal questions to consider?
Views
New Products
The very point of sale: Secure, international B2B receivables...................................48
Merchant first, service second ..................................................22 Versatile solutions to expand
By Dale S. Laszig, DSL Direct LLC capabilities, reduce PCI scope ...................................................49
Connected technologies create workplace distractions, making it
difficult to get a customer's undivided attention. That's why MLSs Inspiration
must zero in on merchants first, merchant services second. Selling during merchants' slow times ...................................51
Thoughts on the future of payments Departments
(and the wine biz) ...........................................................................24
By Brandee Elitch, CrossCheck Inc. Letter From the Editors ....................................................................5
Wine making involves significant technology and innovation. And Readers Speak ......................................................................................8
you could say the same thing about the payments industry today. Spotlight Innovators ......................................................................37
But who is ultimately calling the shots? Calendar Of Events..........................................................................52
Resource Guide .................................................................................53
Advertiser Index ...............................................................................62

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