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NewsBriefs

This article contains excerpts from news stories recently posted under Breaking Industry News on affected by COVID-19. When Black
our homepage. For links to these and other full news stories, please visit www.greensheet.com/ Friday kicked off retail's peak selling
breakingnews.php. season, consumers flocked to stores
as others shopped from the com-
fort of home screens and connected
devices. Early reports from Adobe
Analytics show Black Friday sales
Cyber 5 rings in hopeful holiday season reached $9.03 billion, a 21.6 percent
increase compared to the $7.4 billion
Incoming sales tallies for Cyber 5, the period between Thanksgiving and Cy- in sales recorded on the same day in
ber Monday, are good news for retailers, many of whom have been adversely 2019.

Chris Harris, senior director at On-
dot Systems, said, "In 2020, we see
that people don't want to leave their
homes and this has driven up on-
line spending and reduced in-store
spending. People are also spreading
out their shopping window, so in-
stead of concentrating it on a single
weekend, this year people spread
that shopping throughout Novem-
ber, which actually saw an increase
when compared to last year."
Sysnet expands with ControlScan
MCS acquisition
News that Sysnet Global Solutions
acquired ControlScan Inc.'s Man-
aged Compliance Solutions (MCS)
division was a welcome counterpoint
to relentless reports of phishing and
web-based attacks against the global
business community. While transac-
tion details were not revealed, the
companies disclosed Dec. 2, 2020,
that after years of collaborating, they
will join forces to help service pro-
viders and merchants combat pan-
demic-related threats worldwide.
Gabe Moynagh, CEO of Sysnet,
called the acquisition a perfect fit
and key part of Sysnet's strategic
growth strategy. He added that the
acquisition will further cement Sys-
net's leadership as a compliance and
security management service pro-
vider to nearly 4 million small and
midsize businesses and payment
processors worldwide.

Consumers keen on pay-at-pump
for gas, food

Gas stations with automated fuel
dispensers may have been given ad-
ditional time to bring their pumps
into compliance with EMV proto-

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