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IndustryUpdate

growth story more sustainably," the company noted, Former hackers share ATM attack mindsets
adding that it offers online businesses accessible and
affordable capital advances. A new study of ATM crime from the ATM Industry
Association, titled Offences Involving ATMs: Insight into
Ingenico accelerates OP2GO launch How Criminals See ATMs as Targets, offers a view from
the bottom: what ATM criminals think when they plan
Ingenico Group's Ingenico Enterprise Retail disclosed attacks on ATMs. UK criminologist Martin Gill and his
it will introduce its open payment solution, OP2GO, in team conducted a series of interviews with eight former
North America in 2020. The company stated this puts ATM criminals whose attack methods varied. One key
Ingenico at the forefront of the smart city and transport observation was that criminals expressed disbelief at the
revolution, having introduced the solution across Rio de lackluster manner in which the industry shares intel-
Janeiro, Taiwan, Madrid and Rome in 2019. ligence to strengthen defenses against emerging threats.
"A year ago, Ingenico Enterprise Retail launched its One-third of SMBs accept cryptocurrency, HSB says
solution for ticketing platforms, including validation
equipment and payment environments," Ingenico said. At least one-third of small and midsize U.S. businesses
"Since then, OP2GO has improved the speed and reli- accept cryptocurrency as payment for goods and ser-
ability of public transport services, reducing fare collec- vices, with newer companies up to twice as likely to
tion costs in some cases by over 30 percent." Comprised trade in digital credits, according to a survey released
of secure contactless readers supporting closed- and by HSB, part of Munich Re. The HSB nationwide survey
open-loop cards, inspection devices, a payment gateway conducted by Zogby Analytics showed that 36 percent
and acquiring services, OP2GO integrates with all ticket- of the SMB respondents accepted cryptocurrency; 59
ing platforms, Ingenico added. percent also purchased digital currency for their own
use. Timothy Zeilman, vice president for HSBC, offered
Security Compass gains FTV Capital funding a note of caution. "Cyber criminals follow the money
and fraud can be a serious problem," he said. "A number
Security Compass, a provider of enterprise DevSecOps of currency exchanges have been hacked or embezzled
software solutions, reported that it secured growth and millions of dollars were lost. Smaller businesses,
equity funding from FTV Capital to enhance its posi- especially those starting out, can't afford to be cheated."
tion as a global leader in empowering organizations to
achieve agility at scale by streamlining software risk PARTNERSHIPS
management. By leveraging FTV's deep expertise and
access to its Global Partner Network, Security Compass
will further enhance its solutions portfolio and acceler- Clarus, CardMachineOutlet.com collaborate
ate its planned global expansion, the company noted.
DevSecOps is the process of integrating secure develop- Clarus Merchant Services and CardMachineOutlet.com
ment best practices and methodologies into develop- stated they formed a strategic partnership that combines
ment and deployment processes. Clarus' agent sales programs and ISO/agent portfolio
acquisitions with CardMachineOutlet.com's hardware
RESEARCH distribution model that drives merchant services sales.
"CardMachineOutlet.com's network of ISO, agent, and
processor hardware deployment contracts, their remark-
Automated parking management able sales and support team and collaborative approach
market poised for growth is uniquely complementary to how the Clarus organiza-
tion works," said Michael Jaffe, Clarus vice president of
New research from Acumen Research and Consulting business development. "We believe this helps to generate
found that the global automated parking management cross-network relationships for merchant-base growth
systems market is expected to reach a value of approxi- and credit card portfolio acquisitions."
mately $3,400 million by 2026 and is anticipated to grow
at a compound annual growth rate of around 14 percent Digital River, Magento partner
in terms of revenue from 2019 to 2026. Due to their abil- for global expansion
ity to promote the processing of real-time data and to
assess supply, intelligent parking systems can be highly Digital River, a global ecommerce enabler, is working
useful at this juncture, Acumen stated, adding that with Magento, an Adobe company and provider of
increasing smart building technology in the developed commerce innovations. "By combining Digital River's
countries is key driving factor of the market. world-class global payments and risk protection services
with the flexibility and control of the Magento commerce
platform, brands can build a customizable ecommerce
solution allowing them to expand into new global mar-
kets, while giving customers the localized experience

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