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NewsBriefs






        Following are excerpts from news stories recently posted under Breaking Industry News on our   manufacturers and wireless access
        home page. For links to these and other full news stories, please visit www.greensheet.com/break-  providers. "The rate of adoption has
        ingnews.php?flag=previous_breaking_news. Retailers protest planned interchange changes  already been five times faster than
                                                                                   anticipated in our previous report,
                                                                                   which  holds  great promise for 5G,"
                                                                                   Juniper researchers wrote. "It has not
                                                                                   just lodged in the public conscious-
                                                                                   ness but has found its way into the
        Retailers protest planned interchange changes                              lives of several million consumers."

        Spring will soon be upon us and that means the card networks are preparing   Biometric advancement
        to introduce new interchange rates. It happens every year, but this time around   defeats facial ID fraud
        the changes are generating a significant amount of press coverage. "Visa is
        planning the biggest changes to swipe fees in a decade," proclaimed a headline   Masks used for fraudulent facial
                                                                                   identification may soon become as
        in Bloomberg News. The news drew a sharp rebuke from retailers, with the Retail
        Industry Leaders Association protesting that the planned changes are evidence   passé as dummies in high-occupan-
                                                                                   cy vehicle lanes, thanks to biometric
        of a "broken" market in need of government intervention. Austen Jensen, RILA
        senior vice president for government affairs, said, "In a free market with   technology developed by trinamiX
                                                                                   GmbH, a  BASF SE  subsidiary and
        competition, that would drive costs down, not up. There is only one reason
        Visa is preparing to hike fees on merchants – they can."                   member of the Qualcomm Software
                                                                                   Accelerator Program. The company's
        5G prelaunch adoption exceeds expectations                                 patented Beam Profile Analysis tech-
                                                                                   nology uses a combination of imag-
        While 5G has yet to be officially launched, global adoption rates are five times   ing, depth mapping and material de-
        greater than predicted, according to a white paper by Juniper Research. 5G – The   tection to identify live skin patterns
        Five Year Roadmap, published Feb. 18, 2019, attributes prelaunch demand to pric-  within a single camera. The solution
        ing strategies by mobile network operators and device support by smartphone   differentiates between real faces and
                                                                                   disguises used by fraudsters to gain
                                                                                   unauthorized access to mobile apps,
                                                                                   according to company representa-
                                                                                   tives. The proprietary solution will be
                                                                                   distributed with Qualcomm Technol-
                                                                                   ogies, stated Ingmar Bruder, manag-
                                                                                   ing director and founder of trinamiX.

                                                                                   PCI SSC produces guide
                                                                                    for large companies

                                                                                   The PCI Security Standards Council
                                                                                   (PCI SSC) released new guidance on
                                                                                   Feb. 20, 2020, aimed at addressing the
                                                                                   unique  needs  of  enterprise-scale  or-
                                                                                   ganizations. Information Supplement:
                                                                                   PCI DSS for Large Organizations was
                                                                                   produced  by  the  2019  Special  Inter-
                                                                                   est Group (SIG). Drawing from direct
                                                                                   experience  at  large  companies,  SIG
                                                                                   members provided recommendations
                                                                                   for managing PCI DSS assessments
                                                                                   across multiple business units and
                                                                                   third-party service providers. Mauro
                                                                                   Lance, PCI SSC senior vice president
                                                                                   and operating officer, noted that SIGs
                                                                                   play a key role at the council and
                                                                                   represent  a  cross-section  of  experts
                                                                                   from the front lines of payment secu-
                                                                                   rity. Their knowledge helps industry
                                                                                   stakeholders apply PCI standards to
                                                                                   their organizations, he stated.


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