Page 10 - GS20601

NewsBriefs

Following are excerpts from news stories recently posted under the show would go on, albeit in a
Breaking Industry News on our home page. For links to these and virtual setting. In opening remarks,
other full news stories, please visit www.greensheet.com/breaking- Jodie Kelley kicked off the week-long
news.php?flag=previous_breaking_news. event by thanking attendees, exhibi-
tors and sponsors for their support,
Competing on price with interchange optimization as well as event organizers for their

According to James Shepherd, founder and CEO of ISOamp, and Eric Jenks, hard work in shifting the to an online
national sales manager at PayTrace, plenty of savings can be had from analyz- venue so swiftly.
ing merchant statements with an eye toward optimizing interchange qualifi-
cations. And PayTrace, a processor with a focus on interchange optimization, TRANSACT Connect turned out to
be a richly layered virtual experience,
recently partnered with ISOamp, the merchant sales technology arm of CC-
SalesPro, to debut a new interchange optimization tool. accessible online and in a mobile app,
with keynote presentations, panel
Identiq member summit explores online privacy discussions, networking opportuni-
ties and a virtual exhibit hall.
Leading fintechs attended the recent Identiq Member Summit, an online event
aimed at exploring new approaches to identity validation, security and user EMV relief for pay-at-pump
experience in digital transactions. Attendees included representatives from Gas station operators with automated
Blackhawk Network, Eventbrite, Gett, Green Man Gaming, Intuit, PayU, Plas-
tiq, Udemy and Via. Identiq, a peer-to-peer identification network, was hon- fuel dispensers gained more time to
make those dispensers EMV compli-
ored by Gartner as a Cool Vendor in the Privacy category, an achievement that
Identique founder and CEO Itay Levy called extraordinary. ant. Their deadline for EMV compli-
ance is now April 2021. Visa, Discover
Early reviews positive for TRANSACT Connect and American Express all recently
extended their deadlines; Mastercard
Several weeks after the Electronic Transactions Association cancelled its 2020 is expected to soon follow. Most card-
annual TRANSACT conference and expo, the organization determined that accepting businesses were required
to be EMV compliant by 2015.

Gas stations were given an additional
two years to bring their automated
fuel dispensers into compliance be-
cause of the cost and technological
complexities associated with retrofit-
ting or replacing pumps.
NAC brings help, hope
to retail ATM sector
The National ATM Council Inc. took
action to support the retail ATM in-
dustry during the coronavirus pan-
demic. In addition to helping secure
essential worker status for indepen-
dent ATM deployers and service
providers, the not-for-profit trade
association is working with private
and government sectors to provide
consumers and business owners with
fundamental services and safe access
to cash.

"To think that only 2 to 3 months ago
our biggest concern was upgrading
machines," NAC chair George Sarqn-
topoulos. "Now we need to figure out
as an industry how we move ahead
in a 'new normal,' for our collective
wellbeing."

10