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NewsBriefs

Editor's Note: Following are excerpts from news stories recently posted Financial Officer Jerry Ulrich said the newly acquired
under Breaking Industry News on our home page. For links to these and assets will improve margins and top-line growth.
other full news stories, please visit www.greensheet.com/breaking-
news.php?flag=previous_breaking_news. KFC pilots smile-to-pay in China
Money20/20 to address global audience, issues The launch of KPRO by KFC as a new restaurant concept
from Yum China Holdings Inc. represents a landmark
Money20/20, to be held Oct. 22 to 25, 2017, at the Venetian moment for the QSR category. The Hangzhou, China-based
Las Vegas, is expected to draw more than 11,000 attendees restaurant plans to cater to China's burgeoning population
from 85 countries and 4,500 organizations. Activities of urban professionals by offering seasonal, made-to-order
will include a developer hack-a-thon, networking dishes and delivering integrative technologies such as
opportunities, hands-on workshops and 450 speakers. Alipay's Smile to Pay facial recognition payment solution.
Burger King unveils Whoppercoin in Russia Second Equifax hack puts millions in harm's way
Burger King Russia issued a billion Whoppercoins on Aug. Credit-reporting company Equifax Inc. revealed Sept.
25, 2017, the first quick service restaurant (QSR) to cash 7, 2017, that a breach of its systems compromised the
in on the global initial coin offering craze. The fast food personal information of up to 143 million U.S. consumers,
giant, in partnership with Moscow-based Waves Platform, potentially exposing them to identity theft and other
will use blockchain technology to drive store traffic and forms of fraud. A number of Canadian and U.K. residents
customer loyalty, the company stated. were also affected.
Blackhawk, CashStar merger EMVCo expands EMV tokenization framework
reflects e-gift card growth
EMV Payment Tokenization Specification – Technical
Blackhawk Network Holdings Inc. disclosed Aug. 30, 2017, Framework v.2.0, a new document released by EMVCo,
that it paid approximately $175 million to acquire CashStar addresses payment token use cases in ecommerce that go
Inc., a digital gift card provider. The companies are beyond existing card-on-file and offers enhancements.
positioning the merger as a positive event for consumers, The specifications relate to how payment tokens can be
GS-HalfPage-072017-PRINT.pdf 1 7/10/2017 10:03:41 AM
merchants and the gift card industry. Blackhawk Chief controlled within a single payment channel.

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