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IndustryUpdate

options, with more than half offering web portals, inter- use UnionPay chip credit and debit cards at First Data
active voice response and live agent payment support. U.S. merchant client locations. The implementation will
The findings sharply contrast with last year's findings, eventually be phased in at all 4 million U.S. merchant
when less than 14 percent of respondents said they pro- locations served by First Data.
vided all three.
Harbortouch integrates with Orca
Malauzai delivers digital banking insights
Harbortouch Payments LLC partnered with Orca
Malauzai Software Inc. published its October Monkey Inventory & Ordering to serve restaurants, bars and
Insights report highlighting key trends in Internet nightclubs. Through the partnership, Harbortouch will
and mobile banking usage. The study was based on integrate the Orca solution into the company's POS offer-
September 2017 data collected from over 435 banks and ing, and Harbortouch customers will receive exclusive
credit unions covering 15.5 million logins from 840,000 pricing from Orca. "Orca's robust restaurant inventory
users. The report conveys trends on metrics such as log- management system can add considerable value for our
ins per month, mobile remote deposit capture usage, and customers," said Brian Jones, Executive Vice President of
an array of customer payment and transfer methods. Sales & Marketing at Harbortouch.

NetDiligence releases cyber claims study Jack Henry, SAS join forces
NetDiligence issued its seventh annual Cyber Claims Jack Henry & Associates Inc. introduced JHA Enterprise
Study of losses for data breach events covered by lead- Risk Mitigation Solutions, a single, fully hosted anti-
ing cyber liability insurance carriers. The study contrasts money laundering, fraud identification and analysis
and compares cyber claims data aggregated over the last solution for regional and community financial institu-
four years, which revealed the aggregated average total tions. JHA Enterprise is now empowered by analytics
breach cost was $394,000, aggregated average payout leader SAS Institute Inc. to provide its cloud-based ana-
was $249,000, and average claim for large companies lytics solution to U.S. banks and credit unions with less
was $3.2 million. The average claim in the financial ser- than $30 billion in assets, in addition to Jack Henry core
vices sector was $588,000. clients, the company noted.

Signifyd issues fraud threat findings LCG, Abacode team on cybersecurity
According to a study conducted by Pymnts.com and LCG Advisors collaborated with Abacode Cybersecurity
Signifyd that examined more than 5,000 ecommerce to develop a cybersecurity transactional due diligence
merchants in North America, Asia and Europe, account package built to mitigate lender and investor risk. "Since
takeover replaced stolen financials as the fastest grow- we're already focused on and imbedded within the
ing fraud threat for ecommerce websites in 2017. While transaction space, with this new partnership, we're able
still representing only a fraction of the volume of stolen to efficiently provide cyber-risk assessments without
financials, in the second quarter of 2017 alone, account overly burdening an already complex process," said
takeover fraud rose by 45 percent and resulted in losses Brian Smith, Managing Partner at LCG.
of $3.3 billion, according to the study.
NewNet teams with Spire Payments
PARTNERSHIPS NewNet Communication Technologies partnered with
Spire Payments Holdings S.a.r.l. at the Money20/20
D3 Banking teams with Zelle conference to demonstrate its Secure Transaction
Cloud (STC) virtualized payment transaction solution
D3 Technology Inc. partnered with Zelle, a person-to- on Spire's POS platform. The cloud-based transaction
person (P2P) payment network under the auspices of transport and routing platform utilizes virtual cryp-
bank-owned Early Warning Services LLC, to enable D3's tography engines as an alternative to legacy solutions.
platform with a direct, application program interface Additionally, STC can accommodate virtualized secure
connection to Zelle. The Zelle P2P solution, combined payment applications that reside in the cloud rather than
with D3's payment capabilities, will provide a simple at end-points, the companies noted.
way for financial institution customers to send and
receive money to others with U.S. bank accounts, the StayNTouch, Merchant Link combat hotel fraud
partners noted.
StayNTouch Inc. recently collaborated on an EMV
First Data supports UnionPay acceptance (Europay, Mastercard and Visa) integration between
its Rover property management system and Merchant
First Data Corp. and UnionPay International partnered Link's TransactionLink platform. The EMV integration
to expand UnionPay card acceptance in the United is expected to provide StayNTouch hotel customers
States. The partnership will allow Chinese visitors to enhanced transaction security by incorporating an addi-
tional level of authentication at the POS.
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