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IndustryUpdate
ANNOUNCEMENTS commitment to the entire fintech industry,
having helped customers launch a range of
scalable and secure products.
Elo names BlueStar Distributor of the Year
MineralTree on Deloitte's 2020
For the fifth consecutive year, BlueStar received Elo's Distributor of
the Year award. BlueStar stated it is grateful to be recognized by one Technology Fast 500
of the world's most innovative touch screen technology companies. MineralTree, an accounts payable and pay-
According to Elo, BlueStar excelled throughout Elo's 2020 fiscal ments automation solution provider, was
year, breaking records and achieving an "impressive sales mile- named to Deloitte's 2020 Technology Fast
stone," and together, the companies outperform in channel-based 500 for the second consecutive year. The Fast
growth through unique marketing and end-user demand genera- 500 is a ranking of the 500 fastest-growing
tion programs. technology, media, telecommunications, life
GPS wins five Emerging Payments Awards sciences and energy tech companies in North
America now in its 26th year. MineralTree is
Global Processing Services took home five wins at the 13th annual No. 292 on this year's list.
Emerging Payments Awards. Hosted by comedian Sara Pascoe,
with appearances from Elijah Wood, Gloria Gaynor and David Nacha launches corporate
Hasselhoff, the event was streamed live to over 1,000 guests from ACH resource center
the global payments community. The awards celebrate innovation
and collaboration by recognizing companies that have made signifi- Nacha created a new ACH Rules for
Corporates Resource Center dedicated to
cant advances in how we pay. GPS stated it was commended on its
assisting corporate ACH users. The center
is a one-stop hub for corporate end users to
keep up with developments to the Nacha
Operating Rules and the ACH Network.
Among the resources available are end-user
briefings on specific Nacha Rules topics,
including the upcoming expansion of Same
Day ACH hours. The new center is available
at www.nacha.org/corporates.
NMI certifies Verifone UX series
NMI, a payments enablement technology
company, heralded the certification of the
Verifone UX line of unattended card pay-
ment solutions with Chase Paymentech. The
certification gives independent software ven-
dors a powerful unattended option for EMV
contact- and contactless-based payments in
the United States that's essential for card
in, card out parking solutions, NMI stated.
The Verifone UX available to NMI partners
and merchants; additional processor certifi-
cations are scheduled for the fourth quarter
of 2020 and first quarter of 2021.
RESEARCH
Mobile money, P2P may exceed
1.2 billion by 2025
A new study from Juniper Research found
the total number of mobile money users in
emerging markets will exceed 1.2 billion in
2025, up from 980 million in 2020, equating to
just under 30 percent of mobile phone users
across emerging markets. The report also
predicted that domestic P2P and payments
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