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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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