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IndustryUpdate
Services Inc., will be used to advance SpotOn's platform PARTNERSHIPS
for small to midsize merchants. "We are aggressively
investing to bring best-in-class, integrated payment and
software solutions to SMBs," said Matt Hyman. "In the Anomali, Visa team on breach intelligence
past year, we have hired over 100 new employees across Threat management services firm Anomali partnered
all departments to provide a strong bench of support to with Visa Inc. to provide intelligence to cybersecurity
our merchants and Sales Partners." teams on indicators of compromise drawn from Visa
U.S. Faster Payments Council proposed Threat Intelligence, an exclusive source of verified
merchant breach intelligence. Delivered to the Anomali
The Governance Framework Formation Team, a 27-mem- platform via an API from the Visa Developer Platform,
ber work group established by the Faster Payments Task Visa Threat Intelligence enables merchants to cross-
Force and facilitated by the Federal Reserve, released a collaborate to proactively mitigate threats and secure
draft framework for the proposed U.S. Faster Payments critical access points, the partners noted.
Council. "A goal of the FPC is to allow all stakeholders to
have a voice in shaping the future of our nation’s faster Ingenico, USAT partner in unattended market
payments system," said Adam Rust, Director of Research, Ingenico Group formed an alliance with USA
Reinvestment Partners. The operating vision for the FPC Technologies Inc. to pursue unattended retail markets
is available for review and feedback via an online survey with a bundled solution pairing Ingenico's hardware,
through June 22 at fedpaymentsimprovement.org. software, security and services suite with USAT's ePort
Connect unattended retail market platform. "By leverag-
RESEARCH ing unattended solutions, the retail businesses have a
huge opportunity to create new interactions with cus-
BofA survey shows spike in tomers and capture impulse purchases that previously
couldn't be sustained without being able to accept elec-
small business optimism tronic payment," said Jennifer Miles, Ingenico Executive
According to the semiannual Bank of America Business Vice President, North America.
Advantage Spring 2018 Small Business Owner Report, ParTech, Checkmate power
small business optimism about the U.S. economy, rev-
enue and long-term growth reached its highest level restaurant delivery orders
since 2015. Of the 1,000 small business owners surveyed, A partnership between ParTech Inc. and Checkmate.
54 percent felt confident the economy will continue to com Inc. will enable automatic entry of third-party
improve, up 25 percentage points from two years ago; delivery orders directly into restaurant POS systems.
56 percent were confident about the strength of their According to PAR, its cloud-based Brink POS software,
local economy; 60 percent anticipated higher revenues when connected with Checkmate, can integrate with
in 2018 and had plans to grow their businesses over the various online platforms such as Grubhub, Eat24, Uber
next five years. Eats, Delivery.com, Brandibble, among others. Using
Kount offers payment processor the system orders flow directly to the POS and kitchen,
improving efficiency, the partners stated.
fraud prevention update
Sionic Mobile aligns with FreedomPay, Payscout
Kount Inc., in conjunction with The Fraud Practice,
released the inaugural State of Payment Processing & Cloud-based connected-commerce and loyalty servic-
Fraud: 2018, a compilation of data from a survey involv- es provider Sionic Mobile entered an alliance with
ing approximately 15 percent of the global payment FreedomPay Inc. to integrate its services for FreedomPay
processor community. Justin McDonald, Senior Risk clients in the lodging, gaming, retail, restaurant, stadium
Management Consultant at The Fraud Practice, noted and hospitality industries. In a separate development,
that 73 percent of processors surveyed currently provide Sionic teamed with global payment processor Payscout,
fraud prevention tools or techniques as value-added ser- which will enable international merchants to take advan-
vices and nearly three-quarters plan to increase support tage of Sionic's ION Commerce Engine and Mobile
for risk management services in 2018. Rewards Marketplace.
We are dedicated to the ACQUISITIONS
education and success of the Paysafe to acquire iPayment
ISO and MLS.
Paysafe UK Holdings UK Ltd. agreed to acquire Westlake
Village, Calif.-based iPayment Holdings Inc., which
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