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IndustryUpdate
the financial needs of underserved consumers. Methods to select BlueSnap as their gateway through Chargent,
include financial literacy/readiness, expanded Internet and the integration makes it possible to accept and pro-
and ADA compliance innovations, mobile and peer-to- cess payments in 100 currencies directly in Salesforce.
peer payments, and prepaid products, as well as bank- Salesforce users can initiate credit card or ACH pay-
ing services such as mobile banking, online lending and ments, or send requests for users to enter card informa-
interactive ATMs. tion via a secure payment link.
Euclid spots holiday shopper shift First Data extends ties with Valley National
According to Euclid Inc.' Evolution of Retail, 2017 Holiday First Data Corp. entered a long-term agreement with
Physical and Digital Retail Trends, of the 1,500 U.S. con- Valley National Bank to provide secure commerce solu-
sumers it surveyed, 72 percent are most excited about tions to the bank's merchant clients. The referral relation-
Cyber Monday, followed by Black Friday (62 percent) ship will provide First Data's solution suite, including
and the day after Christmas (55 percent) for shopping its Clover platform, to bank clients in New Jersey, New
this holiday season. "Brick-and-mortar can still pull off York and Florida. Bank users will also have access to First
a holiday win, but they'll need to couple new in-store Data's ecommerce solutions, including a range of tools
experiences and the convenience factor to get it done," that allow businesses to accept online and mobile transac-
said Euclid CEO Brent Franson. tions, the companies said.
Paysafe tracks cash-free movement Merchant e-Solutions teams with CardFlight
Over half of U.S. consumers expect to abandon cash for CardFlight Inc. and Merchant e-Solutions Inc. teamed to
shopping by 2020, according to Lost in Transaction, pub- offer CardFlight's SwipeSimple mobile POS to merchants
lished by Paysafe Holdings UK Ltd. The analysis uncov- interested in accepting EMV (Europay, Mastercard and
ered growing momentum for cashless transactions, with Visa) card payments on mobile devices. "SwipeSimple
54 percent of U.S. respondents claiming to visit ATMs is a perfect fit for merchants who want to accept pay-
only once monthly; one in seven rarely carrying cash at ments on their smartphones and tablets with a secure,
all. Sixty-three percent of respondents said they rely less easy to use application and card reader," said Trevor
on cash than a year ago. Researchers expect the trend to Rubel, Co-CEO and Executive Vice President of Product,
continue. Merchant e-Solutions.
PARTNERSHIPS Payscape, Trinity/HPSI form tech alliance
Payscape and Trinity Ministries Inc., dba Trinity/HPSI,
ACT, Zoompass team against fraud teamed to provide Trinity/HPSI members with integrated
fintech products to help streamline and support such
Advanced Credit Technologies Inc. formed a strategic alli- services as online registration, giving kiosks, electronic
ance whereby Zoompass Inc. will deploy its multilayered invoicing and mobile processing capabilities. Trinity/
authentication CyberloQ FRAUD prevention technology. HPSI partners with third-party provider to reduce opera-
CyberloQ provides an integrated fraud mitigation system tional costs to more than 2,300 camps, conference centers,
for the prepaid and credit card sector. Zoompass will be churches, rescue missions and other organizations in its
one of the first prepaid card companies to install the next- member network.
generation fraud mitigation system on its platform, the
companies stated. Transflo supports EFS fleet services
Aliant aligns with BitPay Transflo by Pegasus Trantech LLC, a provider of enter-
prise mobility, telematics and business process automa-
Aliant Payment Systems entered a strategic processing tion for the transportation industry, signed with EFS, a
relationship with BitPay Inc., an Atlanta-based global Wex Company. Under terms of the agreement, EFS will
bitcoin payment provider. This relationship makes Aliant add Transflo Telematics to its portfolio of data, payment
one of the first payment processing companies to offer and compliance solutions for the transportation industry,
merchants the ability to accept payments in bitcoin, the to service fleet clients seeking electronic logging device
companies noted. "Aliant is looking to the future of block- technology to stay in compliance with forthcoming regu-
chain, bitcoin and cryptocurrency, and we're excited to lations later this year.
bring a bitcoin solution to our clients," said Eric Brown,
CEO of Aliant. Vantiv, Visa power faster settlement
BlueSnap integrates to Salesforce Vantiv Inc. teamed with Visa to launch FastAccess
Funding, which enables merchants to receive settlement
BlueSnap Inc. integrated to Salesforce.com Inc. using payouts to their debit cards in minutes, once funded, in
the AppFrontier LLC Chargent payment processing app contrast to one to three days via ACH. The product is the
on Salesforce's AppExchange. Merchants are now able first merchant solution to launch on Vantiv's new push-
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