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IndustryUpdate

in the industry, including cash, cards, credit transfers, lessly pay vendors with American Express Business or
direct debits and checks from 2014 through 2018. The Corporate cards, without setting up a new card account,
report also analyzes various payment card markets and the partners said, adding that the solution improves
provides data on number of cards in circulation and working capital and cash conversion cycles, and pro-
transaction values and volumes. vides better data for payment reconciliation, all while
helping businesses earn rewards.
ETA examines fintech impacts on underserved
ATMIA, ASA join forces permanently
The Electronic Transactions Association released a white
paper exploring how financial technology (fintech) inno- The ATM Security Association and the ATM Industry
vation broadens access to financial products and servic- Association signed a final agreement to join forces and
es. How FinTech is Addressing the Needs of the Underserved work together permanently. ASA will retain its name
highlights the financial institutions, payments compa- and logo and will now fall under the governance and
nies and fintech companies transforming the market- ownership of ATMIA. The agreement, which comes into
place through the introduction of new technologies that immediate effect, is the culmination of the successful
are expanding accessibility, lowering costs, empowering aligned work achieved under the earlier Memorandum
financial management, and driving a more secure eco- of Understanding signed in March last year, the partners
system. said.

PARTNERSHIPS NBP adds Banner Season Marketing
National Benefit Programs added Banner Season
AmEx, Bill.com introduce Vendor Pay Marketing LLC to its offerings. Banner Season enables
clients to send greeting cards and branded, personalized
American Express Co. and Bill.com formed a strategic gifts to their customers. "This discounted program gives
partnership offering American Express "Vendor Pay" our customers access to the Design Studio for free (nor-
by Bill.com. Vendor Pay couples automating accounts mally $9.95 per month)," NBP stated. "Merchants can
payable process with the ability for businesses to seam- turn their prospects and clients into your biggest fans."

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