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NewsBriefs




                                                               available to European consumers and raise transaction
                   Remembering Jose Machuca                    limits to encourage usage. Meanwhile, the U.S. Payments
                                                               Forum released  Tips for a Cleaner Payment Experience.
             The payments industry mourns the loss of Jose     "Payments are an essential touchpoint for everyone," said
            Machuca, owner and manager of WorldPro LLC,        Randy Vanderhoof, director of the U.S. Payments Forum.
           the parent company of SignaPay. Machuca passed      "This resource gives merchants and consumers practical
           away April 9, 2020, in Queens, New York, following   steps  to  make  payments  as  safe  as  possible  in  these
            complications caused by COVID-19. The popular      day-to-day payment situations." For details, visit  www.
           industry leader had led the WorldPro organization   uspaymentsforum.org/tips-for-cleaner-payments/.
           since 2000, and is widely remembered as a friendly,
          caring person with a great sense of humor and down-  Digital events bridge social distance
                     to-earth management style.                Due to the current pandemic, conference planners are
                                                               pivoting to digital means for the health and safety of all
         John Martillo, CEO at SignaPay, stated that in addition   involved. After postponing the in-person CNP Summit
         to being a beloved brother-in-law and family member,   2020, originally slated for May 19 to 21, Card Not Present
           Machuca was a valued friend, mentor and business    organizers created the CNP Virtual Summit Series 2020. It is
          partner. "This is especially difficult for me because if   powered by advanced technology platforms and designed
           it wasn't for Jose, I would not be the individual I am   to keep businesses and career professionals informed and
          today," Martillo wrote. "Jose took me under his wing   connected. The series zeroes in on how the coronavirus is
           over 30 years ago and taught me life and business   affecting the industry and the impact of the new normal
            lessons that have helped guide my relationships,    on  digital  commerce.  Offerings  include  merchant-only
                   career and companies ever since."           meet-ups, educational sessions and a virtual solutions hall.
                                                               Additional information about the virtual conference series
        Following are excerpts from news stories recently posted under Breaking   is available at  info.cardnotpresent.com/en-us/cnp-virtual-
        Industry News on our home page. For links to these and other full news sto-  summit-2020.
        ries, please visit www.greensheet.com/breakingnews.php?flag=previous_  Webinar details help at hand for SMBs during crisis
        breaking_news. Retailers protest planned interchange changes
                                                               On April 3, 2020, more than 500 payments professionals
                                                               tuned in to the Merchant Sales Stimulus webinar, hosted
                                                               by CCSalesPro, to hear CARE Act insights from The Green
                                                               Sheet's  senior  editor  Patti  Murphy  and  Global  Legal  Law
                                                               Firm attorneys Chris Dryden and James Huber. "The 2
                                                               trillion stimulus package will have a significant financial
                                                               impact on 1099 agents looking for financial assistance, ISOs
        As more people work solo, security                     in need of capital and, of course, the small business clients
                                                               we serve," stated James Shepherd, CCSalesPro CEO. "We
        leaders offer guidelines                               will dive into the key elements of this stimulus package
        A number of payments industry leaders and security     that affect your restaurant, retail and other small business
        experts spoke with  The Green Sheet recently to share   clients, so you can point them in the right direction as they
        insights, educational guidance and perspectives on how   begin to plan for an uncertain future."
        to stay safe, healthy and solvent during the coronavirus
        pandemic. Their common goal is to provide practical,
        actionable advice that will help people avoid becoming                  A Also find us on lso find us on FFacebook,  acebook,
        prey to fraudsters seeking to exploit new vulnerabilities at            L LinkedIn & inkedIn & TTwitter for the witter for the
        this time. Matt Nern, managing member and senior vice                   mos
                                                                                most up-to-date stories,  t up-to-date stories,
        president at SignaPay, suggested that we address cybercrime
                                                                                can’t miss events and newest an’t miss events and newest
        in the same manner in which we are addressing the current               c
                                                                                ind
        pandemic. "Traditional treatment or the traditional way of              industry announcements.ustry announcements.
        managing risk isn't going to suffice," he said. "To get ahead
        of the curve, processors, banks and service providers need
        to enhance traditional tools they've typically used over the
        years with advanced technology and machine learning risk
        modules."
        Keeping payments clean
                                                                  h https://www.facebook.com/TheGreenSheetIncttps://www.facebook.com/TheGreenSheetInc
        As the coronavirus pandemic continues, some folks are     h https://www.linkedin.com/company/the-green-sheetttps://www.linkedin.com/company/the-green-sheet
        raising concerns about hygiene risks around payments. The
                                                                  h
        European Banking Authority is urging payment services     https://twitter.com/The_Green_Sheetttps://twitter.com/The_Green_Sheet
        providers to make contactless payment options more widely
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