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IndustryUpdate

Featured now on Merchant Sales Podcast
The Green Sheet Inc. and CCSales Pro launched the Merchant
Sales Podcast in July of this year as a new way to provide
timely insights and insider information for the payments
industry's ISOs and MLSs. New podcasts, which feature timely
presentations from the hosts along with lively interviews with
subject-matter experts, post weekly at www.greensheet.com and
on most podcast platforms.
Recent podcasts include:
• Are ATMs and cash the past or the future?
• What the Visa/Mastercard merchant settlement might
mean going forward.
• Potential impact of Visa's bulletin on cash discounting
and how to sell compliant surcharging programs.

ANNOUNCEMENTS EMVCo drafts EMV Secure Remote Commerce
Specification
Azimo to undercut banks by 75 percent EMVCo's EMV Secure Remote Commerce (SRC)

Azimo, a digital money transfer service, is launching Specification is now available for download at www.
a new service designed to allow small and midsize emvco.com and will be open for a public comment until
Dec. 3, 2018. The global technical body released EMV
business owners across the U.K. and Europe to pay for
goods, salaries and investments in 189 countries and ter- SRC Specification v0.9 before finalizing the specification
to provide as many payments industry participants as
ritories. With pricing that will undercut most banks by
at least 75 percent, the service is aimed at entrepreneurs possible the opportunity to review and contribute to
v1.0, which will be published in 2019. The draft pro-
who are sick of high fees and unreliable technology
from high street providers, Azimo stated. vides a foundation to enable the processing of ecom-
merce transactions in a consistent, streamlined fashion
CrossCheck celebrates 35 years across a variety of digital channels and devices, EMVCo
stated.
CrossCheck celebrated its 35th anniversary on Oct. 15,
2018. The privately owned firm was established in 1983 Licentia closes $20 million investment round
with the goal of creating cost-effective check process- Technology services and IP licensing company Licentia
ing services that offer the highest approval rates in Group Ltd. closed a £15million ($20 million) Series B
the industry. The company noted that it has provided investment round facilitated by the company's long-
payment solutions to hundreds of thousands of U.S. time adviser Asia Principal Capital. Licentia is the sole
merchants, and its check guarantee, check verification owner of MyPINPad Ltd., a global leader in payment
and remote deposit capture services enable merchants acceptance and customer authentication software solu-
to mitigate risk, increase revenue and simplify transac- tions, as well as sole owner of MyHSM Ltd., a company
tions while saving time and money. "CrossCheck's lon- established to provide a dedicated direct hosting service
gevity is the result of evolving with an ever-changing of Thales payShield hardware security modules for the
marketplace and providing payment solutions that help global payments sector.
merchants increase profits," said CrossCheck president
and CEO J. David Siembieda.

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