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NewsBriefs
Following are excerpts from news stories recently posted under Breaking States and Canada. In addition to modernizing the user
Industry News on our home page. For links to these and other full news sto- experience, PayRange is designed to help participating
ries, please visit www.greensheet.com/breakingnews.php?flag=previous_ merchants capture more sales and offer more payments
breaking_news. Retailers protest planned interchange changes options to consumers by using the company's patented
technology. The mobile solution embeds a dongle-like
device inside vending machines that is compatible with
smartphone mobile wallets and Bluetooth payment
schemes, PayRange representatives noted.
Next-gen ATM technology gains strong support
A key takeaway from the recent ATM Industry Association's
PSCU evaluating blockchain-based verification annual conference is that ATMs have an enduring place
in the commerce ecosystem. Findings from a survey
PSCU, a leading credit union payments provider, is conducted at the conference indicate respondents showed
working with Baxter Credit Union to evaluate MemberPass, strong support for next-gen ATMs and for ATMIA's global
a blockchain-based verification method by CULedger API designed to augment legacy ATMs with mobile and
designed to simplify logins while protecting member digital capabilities. "The results show strong support
privacy. Scott Young, vice president, innovation at PSCU for adoption of next-gen starting in 2020," said Mike Lee,
thanked CULedger for the pioneering use of distributed CEO of ATMIA. "An overwhelming majority feel app-
ledger technology for identity management. "Just as we based ATMs are important to the long-term welfare of our
are doing with MemberPass, we plan to continue applying industry. Furthermore, almost half of those responding
knowledge gained from proof of concepts with CULedger said their business will be an early adopter of next gen."
to future opportunities and strategies on behalf of our Lee further noted that "better customer experience" scored
Owner credit unions," he said. John Ainsworth, president highest among attendees as a potential business benefit.
and CEO of CULedger, also expressed support of the
project, stating, "We are excited to partner with PSCU and The Green Sheet promotes
BCU to improve the safety of members' information and Thorpe to VP, Media Relations
regulate the process by which they verify their identity."
The Green Sheet Inc. tapped marketing executive Danielle
PayRange app takes aim at coin hoarding "Danni" Thorpe to lead a series of marketing programs
across all media touchpoints and print and digital channels.
PayRange Inc. completed a $70 million funding round The promotion is effective immediately, according to
with fintech investors Matrix Partners and Nyca Partners, Kathleen "Kate" Gillespie, CEO at The Green Sheet. "I have
among others. The funds will support the company's 2020 worked with Danni for more than 20 years," Gillespie stated.
Consumer Choice Program, an initiative devised to digitize "She's an energetic, innovative thinker who has designed
U.S. unattended vending machines. PayRange serves more and developed one-of-a-kind promotions for our partners."
than 3 million users in 350 cities and towns in the United Dale Laszig, senior staff writer and content development
specialist at The Green Sheet, added, "Danni's pioneering
work has broadened our participation in social media and
A Also find us on lso find us on FFacebook, acebook, video content marketing. I am excited to see how our new
digital capabilities will enrich our partner relationships
L LinkedIn & inkedIn & TTwitter for the witter for the and add value for our readers and subscribers."
most up-to-date stories, t up-to-date stories,
mos EMVCo issues guidance to fortify IoT
can’t miss events and newest an’t miss events and newest EMVCo issued new guidelines designed to optimize
c
ind
industry announcements.ustry announcements. security and efficiencies across the rapidly expanding
Internet of Things (IoT). The global technical body affirmed
its commitment to support a growing number of IoT
payments use cases, which require agile, up-to-the-minute
methods for evaluating and enabling emerging solutions
and devices. These capabilities will enable users, service
providers and sentient machines to safely and seamlessly
transact across the evolving IoT ecosystem, according to
Bruce Rutherford, EMVCo executive committee chair. "The
h https://www.facebook.com/TheGreenSheetIncttps://www.facebook.com/TheGreenSheetInc IoT is creating new ways to pay, with payment functionality
h https://www.linkedin.com/company/the-green-sheetttps://www.linkedin.com/company/the-green-sheet enabled across various industries globally," Rutherford said.
"This innovation needs to be balanced with functionality,
h https://twitter.com/The_Green_Sheetttps://twitter.com/The_Green_Sheet usability and security."
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