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NewsBriefs

Editor's Note: Following are excerpts from news stories recently posted Paysafe, MCPS consolidate assets, expand reach
under Breaking Industry News on our home page. For links to these and
other full news stories, please visit www.greensheet.com/breaking- Paysafe Group plc disclosed it will pay $470 million to
news.php?flag=previous_breaking_news. acquire Delta Card Services Inc., the primary holding
company for Texas-based payment processor Merchants'
Choice Payment Solutions. A select group of syndicators
Early detection halts Avanti kiosk attack will fund the transaction, including BMO Capital Markets

Avanti Markets Inc., a self-service solutions provider, and Deutsche Bank, representatives stated.
shut down kiosks in select U.S. office break rooms that Can next-generation POS platforms
may have been compromised by malware. Forensic help grocers succeed?
analysts believe the intrusion occurred July 2, 2017. Avanti
alerted the FBI and issued a public statement July 4, with In the wake of Amazon Inc.'s purchase of Whole Foods
recommendations to those who may have been affected. Market, grocery retailers face uncertainty regarding how
Mastercard to acquire Brighterion, the acquisition will affect the market overall and their
businesses in particular. And according to new research
beef up AI capability conducted by retail management consulting firm BRP,
Before 2011, the term "artificial intelligence" rarely cropped shoppers increasingly want more from their grocery
up in The Green Sheet. Since then, mention of artificial shopping experiences.
intelligence (AI) has gradually increased to the point NAC, congressional leaders discuss ATM issues
where, like the terms "fintech" and "payfac," AI appears
routinely in news, views and feature articles throughout The National ATM Council Inc. directors and members
the magazine. Indeed, AI is on the rise in the payments met with members and staff of the Senate Banking
sphere. This is evidenced by news that Mastercard Committee and House Financial Services Committee to
intends to purchase Brighterion Inc., a software company address ongoing concerns about Operation Choke Point
specializing in AI. and related ATM industry issues. NAC's initiative sought
to educate congressional leaders about the retail ATM
Prep sluggish for GDPR deadline, study finds sector and debunk common misconceptions about the

A new study found most companies may not be ready for industry.
the European Union General Data Protection Regulation Sophisticated cybercrime sets
(EU GDPR), which becomes law May 25, 2018. The 2017 new bar for security teams
EU GDPR Report by Crowd Research Partners and
STEALTHbits Technologies Inc. amassed data from Independent studies by Juniper Research Ltd. and
500 cybersecurity professionals who are members of Accenture PLC indicate companies are committing more
LinkedIn's Information Security Community. Nearly 90 resources and revenue to fighting cybercrime. These
percent of organizations surveyed were familiar with the findings are consistent with predictions by leading
EU GDPR, but only 32 percent considered themselves to be security analysts, who have urged companies to adopt
compliant or nearly compliant, researchers noted. advanced technologies and automation to protect against
PayPal advances globally insecure Internet of Things (IoT) and distributed denial-
of-service (DDoS) attack vectors.
PayPal Inc. advanced its global payment position through Blockchain brings benefits but comes with hurdles
a series of actions completed the week of July 17, 2017. First,
it finalized the acquisition of TIO Networks Corp., a cloud- Interest in blockchain is growing among a range
based multichannel bill payment processor. Samsung of enterprises – from major corporations to upstart
Electronics Co. Ltd. agreed to add PayPal as a payment innovators. But where is blockchain likely to be most
option within Samsung Pay for in-app, online and in-store useful, and how disruptive will blockchain deployments
purchases; and PayPal extended its partnership with Visa be if done prematurely? These questions were among
to European businesses. those recently explored by analysts at Juniper Research.
Visa's war on cash encounters backlash EMVCo resets QR code payments

Visa launched an initiative to unseat cash from its perch EMVCo released new guidelines for Quick Response (QR)
atop the payments apparatus. And that has some folks code implementation. In July 2017, the global body issued
crying foul. Despite the proliferation of card-based two separate standards for merchants and consumers,
electronic alternatives, cash remains the number one designed to standardize QR code functionality within
choice for consumer payments in the United States, EMV transaction flows.
particularly for items priced at $50 or less.

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