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NewsBriefs

Editor's Note: Following are excerpts from news stories recently posted as well as Mexico and Brazil. PayPal has agreed to pay $2.2
under Breaking Industry News on our home page. For links to these and billion for the Stockholm, Sweden-based firm, two times
other full news stories, please visit www.greensheet.com/breaking- the firm's estimated market value.
news.php?flag=previous_breaking_news.
Will sports betting win its own MCC?
Walmart drops Mobile
Scan & Go after lackluster pilot A U.S. Supreme Court ruling allows states to legitimize
betting on individual sporting events, effectively ending
After the successful launch of its Mobile Scan & Go the 1992 Professional and Amateur Sports Protection Act
program in Sam's Club warehouse stores, Walmart Inc. that restricted sports betting and imposed strict penalties
expanded the program to include about 150 Walmart on activities outside the State of Nevada.
stores as part of a nationwide pilot and subsequently BAI pegs top FI fraud threats, security strategies
discontinued the program in those stores due to lack of
participation. To counteract the flood of attacks by fraudsters employing

GDPR rules will affect U.S. merchants, experts say diverse and sophisticated tactics, financial institutions
must be more nimble in addressing malware intrusions,
On May 25, 2018, the European Union instated the General exploitation of web-facing vulnerabilities and illicit access
Data Protection Regulation (GDPR) protections designed gained via third parties. That is according to the BAI
to help European citizens manage their digital destinies. Banking Strategies report, Fraud and cybersecurity: Staying
The laws enable consumers to control how companies steps ahead.
use, market and store their personal data. European Verifone set to privatize in $3.4 billion deal
consumers can exercise their "right to be forgotten" by
asking companies to delete their personal information. The "go shop" period expired for soliciting alternative
PayPal acquires iZettle in omnichannel push purchasers of Verifone Systems Inc., as outlined in a
definitive agreement reached in April with Vertex Holdco
Nonbank payments giant PayPal entered an agreement to LLC. During that period, 42 potential purchasers were
acquire iZettle, a small business payments platform with said to have been in contact with Verifone. No potential
a market footprint that includes major European markets purchasers submitted an acquisition proposal.

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