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NewsBriefs
Following are excerpts from news stories recently posted under Breaking Industry News on "This measure will help avoid discrimina-
our home page. For links to these and other full news stories, please visit www.greensheet. tion against our most vulnerable citizens
com/breakingnews.php?flag=previous_breaking_news. who are unbanked/underbanked and
must rely upon cash as their sole means
of payment," stated Bruce Renard, execu-
tive director of the National ATM Council
Inc. "The new law will also help protect
important privacy rights for all Americans
Twitter jolted by massive attack, mentions of Bitcoin soar regarding their personal purchasing deci-
sions and choices."
Fraudsters hacked into a large swath of prominent U.S. Twitter users' ac-
counts on July 15, 2020, posting scam fundraising requests or other traps Flywire, BOSSA expand cross-border
involving Bitcoin. Posts appeared for a few minutes and then disappeared tuition payments in China
and, in some cases, were replaced by other fraudulent posts in rapid suc- Flywire, a vertically focused payments
cession. Major interruptions to service occurred while Twitter addressed
the issue. Several media organizations reported this could be the worst solution provider, disclosed July 21, 2020,
that it partnered with the Beijing Over-
hack thus far of a major social media platform. The text of the Tweets var-
ied, but the objective to dupe people into lining criminals' Bitcoin wallets seas Study Service Association to provide
cross-border tuition services to schools,
was the same.
recruitment agents and Chinese students
Support for cash growing in Congress traveling abroad. The partnership expands
on Flywire's ongoing work with educa-
The Payment Choice Act of 2019, which was introduced in the House on tion recruitment agents in China, many of
May 5, 2019, is gaining bipartisan support in Congress, most recently with whom are BOSSA members, according to
companion bill S-4145, introduced July 1, 2020, by U.S. Senators Kevin Sharon Butler, executive vice president of
Cramer, R-N.D., and Bob Menendez, D-N.J. Designed to protect U.S. cur- education at Flywire.
rency as a viable payments option, the bills prohibit merchants from en-
acting cashless policies, posting anti-cash signage and surcharging cash PCI SSC boosts women
transactions. in cybersecurity
The PCI Security Standards Council began
a one-year blog series in January 2020 de-
signed to improve gender diversity in the
payment security profession. Year to date,
the following on-camera and text version
interviews with industry leaders have
been posted to PCI Perspectives on the PCI
SSC website, www.pcisecuritystandards.org.
Stacy Hughes, senior vice president, IT
governance, risk and compliance, Global
Payments Inc.; Amy Zirkle, payments
and deposits program manager for the
Consumer Financial Protection Bureau
and former vice president, industry af-
fairs, Electronic Transactions Association;
Marie-Christine Vittet, data compliance
manager, Accor Group; Tracey Long, head
of strategy and subject matter expert, PCI
standards programmes, Worldpay from
FIS; Julie Quandt, senior manager, pay-
ment services data security, Discover Fi-
nancial Services; Diane Rogerson, man-
aging director, technology controls and
cybersecurity, JPMorgan Chase; and Lisa
Conroy, senior leader, merchant and part-
ner compliance, Worldpay from FIS.
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