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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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