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NewsBriefs

Editor's Note: Following are excerpts from news stories recently posted under Breaking Industry bat criminal activities has inadver-
News on our home page. For links to these and other full news stories, please visit www.green- tently harmed millions of legitimate
sheet.com/breakingnews.php?flag=previous_breaking_news. business owners. Critics maintain that
OCP measures have led to stringent
NRF identifies flaws in data breach bill "de-risk" policies that inhibit high-risk
merchants from opening and main-
The National Retail Federation urged members of the U.S. House Financial Ser- taining bank accounts and lines of
vices Committee to rewrite proposed legislation pertaining to data breach noti-
fications. The NRF, which has long pushed for uniform data breach legislation, credit.
called the bill a good effort that falls short of protecting retailers. Midmarket to drive global
National ATM Council's Choke Point battle rages on cybersecurity spend

While the U.S. Department of Justice officially terminated Operation Choke Over the next four years, midmarket
Point in August 2017, it appears numerous financial institutions have not re- companies are expected to drive 70
ceived the memo. Opponents claim the Obama-era initiative designed to com- percent of global investment in cyber-
security solutions, which could reach
$134 billion in total combined global
IS YOUR PAYMENT annual spending by 2022, according to
Juniper Research Ltd.
GATEWAY CUSTOMIZABLE New NACHA program

TO YOUR NEEDS? supports B2B invoicing
NACHA – The Electronic Payments
Association took action to encour-
HUMAN ELEMENT age businesses to use more electronic
data exchanges in cash management
Dedicated ISO/ISV implementation manager operations. The ACH rules group ap-
API FIRST proved a new Request for Payment
program that leverages electronic data
Leverage our REST API for faster integrations interchange standards to support elec-
tronic invoicing and collections. The
CLOUD EMV program, which is voluntary, aims to

No additional hardware/software required nudge businesses closer to faster, more
integrated handling of business-to-
FEATURES business billings and payments.

•Web-based EMV Virtual Terminal •Processor Agnostic Banking-as-a-service
from Amazon?
•Solutions to stay out of PCI Scope • Invoicing
•Hosted Payment Pages •Level 2 & 3 Amazon.com Inc. may partner with a
•Tokenization & Recurring •P2PE U.S. bank to build a checking account
product, according to recent media re-
ports. Early-stage discussions began
after Amazon sent a request for pro-
posal for a hybrid checking account
product to several major banks in the
fourth quarter of 2017.
The Smarter Way To Accept Payments Instant financing gains

online support

VISIT US AT ETA! Call us today! An online ecommerce survey conduct-
ed by Klarna Inc. revealed that 64 per-
BOOTH #323 855-898-2355 cent of U.S. retailers polled consider
online financing through their stores
an important component for driv-
ing new and increased sales online.
Forty-six percent indicated this option
would decrease cart abandonment,
www.zeamster.com which remains a major challenge for
greensheet@zeamster.com online merchants today.

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