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IndustryUpdate






                                                                          Distillery, Excalibur Group and the  Advance
                                                                          Financial Foundation. The packs were safely
                                                                          distributed through a drive-thru window.
                                                                          ClearSale to hire 500 new employees

                                                                          Global fraud protection organization ClearSale
                                                                          reported it grew significantly throughout the
                                                                          first part of 2020 thanks to ecommerce busi-
                                                                          nesses' increased need for comprehensive
                                                                          fraud protection. With that growth, ClearSale
                                                                          revealed, it is hiring 500 new employees by the
                                                                          end of September. Many companies have had to
                                                                          downsize in the face of COVID-19.
        ANNOUNCEMENTS
                                                                          That same challenge has increased demand for
                                                                          ClearSale, as online retailers look for ways to
          Advance Financial donates backpacks                             reduce fraud.
          Advance Financial gave away 500 backpacks to area school stu-   Fiserv debuts Back2Business for SMBs
          dents. The initiative was part its deep-rooted commitment to
          education, the Nashville-based company said. The backpacks      Small businesses impacted by the effects of the
          were loaded with supplies ranging from pencils to hand sani-    COVID-19 pandemic now have access to crucial
          tizer. Donations for the packs were made by Cigna, Greenbrier   resources as part of a new program, according
                                                                          to Fiserv Inc., a global provider of payments
                                                                          and financial services technology solutions. The
                                                                          Back2Business program debuted in Brooklyn
                                                                          and will expand to select communities across
                                                                          the country with a focus on helping small
                                                                          minority-owned businesses disproportionately
                                                                          impacted by the pandemic and systemic ineq-
                                                                          uities.
                                                                          TSG offers specialized solutions

                                                                          The Strawhecker Group, a consultancy special-
                                                                          izing in payment acceptance, launched its new
                                                                          branding initiative through a series of taglines
                                                                          embodying the focus of each business segment
                                                                          within the firm. About the new branding, TSG
                                                                          President Mike Strawhecker said, "In the last
                                                                          six months, the speed of change has ramped
                                                                          up due to consumer spending and merchant
                                                                          acceptance shifts. TSG is committed to provid-
                                                                          ing its clients with industry leading consulting
                                                                          and analytics during these times."

                                                                        RESEARCH


                                                                          Mercator studies commercial cards

                                                                          Mercator  Advisory  Group's  Commercial Credit
                                                                          Cards: North America Market Review and Forecast,
                                                                          2018-2024, provides a detailed review of the
                                                                          commercial credit card markets in Canada and
                                                                          the United States, including an analysis of the
                                                                          pandemic's impacts spend during 2020 and
                                                                          2021  and recovery expectations  through 2024.
                                                                          Among the findings are that the extended sus-
                                                                          pension of business travel due to COVID-19,

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