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IndustryUpdate

RESEARCH a-service product, which allows gateways, ISV's, and
processors to connect directly to Bluefin for the P2PE
service, the partners noted.
Coronavirus economic impacts significant
Blackhawk, Alliance Cost Containment,
The Organization for Economic Cooperation and
Development stated that global growth could drop to Long John Silver's team up
1.5 percent in 2020 if the coronavirus, COVID-19, con- Blackhawk Network is partnering with quick-service
tinues to spread apace. Before the virus emerged as a restaurant Long John Silver's and gift card program
global threat, growth worldwide was projected to be 3 manager Alliance Cost Containment. The partnership
percent. Moreover, the OECD warned the forecast was aims to broaden the restaurant's brand reach by selling
"not a worst-case scenario." According to the New York gift cards in-store at retailers nationwide, online and
Times, most analysts expect zero or negative growth in in apps. Using comprehensive, end-to-end solutions,
the second quarter, with some forecasting a potential Blackhawk will enable Long John Silver's gift card pro-
recession before year's end. gram to reach both traditional and digitally oriented
LexisNexis highlights size, scale shoppers by creating a seamless omnichannel gift card
purchasing experience in stores and online," Blackhawk
of global cybercrime networks stated.
LexisNexis Risk Solutions released its Cybercrime Report Paysafe, Celero team up in US market
covering July 2019 through December 2019. Report anal-
ysis shows that "cybercrime is a well-organized, global Specialized payments platform Paysafe formed a part-
endeavor powered by networks of fraud," LexisNexis nership with Celero Commerce, a vertically focused,
wrote. "While consumers enjoy access to goods and integrated commerce solutions provider. Under the
services from all over the world, fraudsters are able to agreement, Paysafe will support Celero's ISOs as they
harness stolen identity data to launch corresponding expand into highly regulated online commerce verticals.
cross-border fraud attacks." Additionally, researchers Celero, which serves approximately 25,000 American
found that of the 19 billion transactions recorded by the merchants, will now be able to build on Paysafe's more
LexisNexis Digital Identity Network in this six-month than 20-year history of helping U.S.-focused ISOs grow
period, for the first time, mobile attacks outpaced desk- and diversify their payment portfolios, the companies
top attacks, with a 56 percent growth in the mobile stated, adding that Celero's ISOs will benefit from
attack rate year-over-year. Paysafe's experience tailoring payments solutions for
ISOs to enter and succeed in niche ecommerce verticals.
PARTNERSHIPS Skeps, Alchemy to build fintech

infrastructure with blockchain
Barrister, CBD Payment to aid CBD, hemp industries
Fintech infrastructure development company Alchemy
Payment processor Barrister Financial Services and Technologies partnered with Skeps, a decentralized
International Payments Processing affiliate CBD Payment marketplace for consumer loans built on blockchain
Pros formed a strategic partnership focused on bringing technology. Together, Alchemy and Skeps are striving to
mainstream credit card processing solutions to CBD- redefine a new category in fintech infrastructure, which
and hemp- related businesses across the United States. has been a focal point of the latest fintech ecosystem
CBD Payment Pros has emerged as a leading reseller development. Infrastructure players are enablers, deliv-
of payment solutions to merchants conducting business ering software-as-a-service solutions to banks, financial
within the hemp industry, the partners stated, adding services companies, retailers and fintech startups to eas-
that Barrister, a registered ISO of Esquire Bank, has the ily launch their product without the heavy cost and time
opportunity to deliver merchant services to a broader spent on building software, the partners stated.
audience of CBD merchants with its bank partnership.

Bluefin, Payscout to provide PCI-validated P2PE ACQUISITIONS
Bluefin, a provider of payment security technologies
and PCI-validated point-to-point encryption (P2PE) Broadridge completes acquisition of FundsLibrary
joined forces with global payment processing provider Fintech company Broadridge Financial Solutions Inc.
Payscout to provide PCI-validated P2PE through the completed its acquisition of FundsLibrary, a fund docu-
company's Paywire technology platform, which was ment and data dissemination enterprise in the European
built to optimize conve4rsions, enable more payment market. The acquisition accelerates Broadridge's regula-
methods, increase approval rates and lower friction for tory communications and digital data platform, support-
customer payments. Bluefin enables PCI-validated P2PE ing the lifecycle of fund data, documents and regulatory
on partner platforms using its Decryptx decryption-as- reporting for the investment industry. The combination

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