Page 15 - GS170901

IndustryUpdate

Qualpay creates developer platform carried less than $20, and 76 percent under $50. The
survey also uncovered behaviors related to person-to-
Qualpay Inc. launched Qualpay for Developers, a portal person app usage and where people spend cash.
offering comprehensive resources to the developer com-
munity. Developers looking for easy-to-implement pay-
ment application program interfaces (APIs) can leverage PARTNERSHIPS
the portal to evaluate and deploy multiple payment
solutions or work with Qualpay to tailor the platform for AccountingSuite integrates Stripe
specific environments, including building apps to sup-
port one-time, repeat and recurring payments, as well as AccountingSuite released a Stripe integration that
invoice and aggregated payments. allows users to sync online payment revenue with their
accounting file. The integration enables users to accept
RESEARCH pre-payments on sales orders in real-time as well as col-
lect cash receipts on open invoices via email or phone.
Additionally, the integration allows businesses to pro-
BRP explores post-EMV data security cess daily transfers that match individual invoices and
cash receipts for automated reconciliation, the compa-
As fraudsters become more sophisticated, retailers need nies stated.
to adapt new security tactics to protect customer pay-
ment card and personal data. In Payment Security Update: Comodo powers security for 3dcart
What's Next After EMV, BRP explores practical tips to
enhance data security practices. "It is imperative that Comodo Group Inc. partnered with 3dcart, a global
retailers have the right strategies and controls in place e-commerce platform provider, to offer 3dcart custom-
to thwart the ever-increasing advances made by fraud- ers Comodo extended validation digital certificates. The
sters," said Perry Kramer, Vice President and Practice partnership will enable 3dcart to diversify and strength-
Lead at BRP. en its online payment security offerings, the companies
noted. "We're pleased to offer Comodo's SSL certificates,
Juniper identifies top 10 fintech disrupters which protect our customers' businesses – in both profit
and reputation," said Gonzalo Gil, CEO of 3dcart.
Juniper Research Ltd. revealed the top 10 technologies
set to disrupt the global fintech industry through 2018. eHealth, Square team on SMB insurance
The top three disrupters identified were the revised
PSD2 (Payment Services Directive 2) and Open API leg- eHealth Inc. now provides Square small business cus-
islation in Europe, the rise of regtech adoption and its tomers access to a range of health insurance solutions as
associated efficiencies, and the significant cost savings well as eHealth's plan comparison tools and customer
expected from chatbots - automated (script or AI-based) support. By accessing eHealth through the Square dash-
programs – which Juniper predicted will as a market board, small businesses can compare health insurance
reach $4.4 billion annually by 2022. plans online, get customized quotes, and in some cases
apply online. According to eHealth, small business own-
Mercator forecasts credit card asset decline ers also receive personalized help and useful advice
from its licensed agents at no cost.
A Mercator Advisory Group report, In Search of a Profit:
As Return on Credit Card Assets Slip, Issuers Must Position First Data supports NASCAR
for 2018, analyzes a Federal Reserve report on the profit-
ability of credit card companies and projects 2018 return First Data Corp. partnered with Chip Ganassi Racing,
on credit card assets (ROA) will be 3.49 percent, down Kyle Larson and the No. 42 Chevrolet SS team for two
30 percent from 2014. It also covers reconcilement of NASCAR Cup Series races at Talladega Superspeedway
interest and non-interest net revenue, compares retail and Martinsville Speedway. Additionally, First Data
banking and credit card bank return on assets, and offers returns this year as a sponsor of Jamie McMurray at
steps to improve ROA. Martinsville as an associate sponsor and will be the enti-
tlement sponsor for the Martinsville track's fall MENCS
U.S. Bank examines consumer cash behaviors race, starting with the First Data 500 on October 29.

A U.S. Bank cash behavior survey found 47 percent of FIS, Equifax collaborate on ID program
consumers surveyed prefer to use digital apps to make
payments versus cash. It also revealed consumers are FIS and Equifax Inc. collaborated to bring new levels
carrying less cash and using it less often. of convenience and security to consumers challenged
with maintaining multiple usernames and passwords to
Overall, 50 percent of respondents said they carry cash protect against fraud and identify theft. The companies
less than half the time, and when they did nearly half co-launched OnlyID, a dual-verification solution that

15