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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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