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NewsBriefs

This article contains excerpts from news stories recently posted under Breaking Industry News on partnerships and teams across the
our homepage. For links to these and other full news stories, please visit www.greensheet.com/ Americas, Europe and Asia Pacific,
breakingnews.php. and maximizing revenue growth
for leading companies, including
FBI charges two in credit card First Data and Transaction Network
laundering scheme Services.
The FBI arrested a Florida businessman on allegations When asked what differentiates Talus
he and a California man hoodwinked an unnamed ISO Pay from competitors, she responded,
and its upstream partners into processing credit and "I see Talus Pay as a unique 'boutique'
debit card transactions tied to a fraudulent telemarketing ISO in the marketplace that is like
scheme that bilked thousands of consumers of more no other. For starters, Talus Pay
than $19 million for bogus debt-relief services. This is not the first time the salespeople are W-2 employees with
two—Steven Short, former owner of Florida-based E.M. Systems, and Brandon full benefits like insurance, 401K
Becker, former CEO of the Los Angeles-based sub-ISO CardReady LLC—have plan, etc. And in addition to all
been in the legal crosshairs. In 2016, the Federal Trade Commission and the their employee benefits, they earn
Florida Attorney General filed a civil action against the two men and their residuals as they build their own
companies in federal court over credit card laundering related to the same book of business under the Talus Pay
deceptive telemarketing scheme. The U.S. Attorney for the Southern District of brand. They sell the accounts, manage
New York and the assistant director-in-charge of the FBI’s New York office said the ongoing relationship and have all
the two men carried out the credit card laundering scheme between 2012 and the infrastructure needed to build a
2015. Short was arrested on July 8. Becker had already been arrested. great business along with being part
The Green Sheet interviews Lisa Shipley of a great organization."
Lisa Shipley, chief revenue officer at Talus Pay, is a payments industry leader Demand grows for next-gen con-
with more than 25 years of progressive experience in global business, building tactless
Next-generation contactless solutions,
with enhanced security and future-
proof features, are facilitating safe,
clean commerce at branch banks,
restaurants and stores, according to
recent reports. In 2021, Mastercard
and Visa introduced enhanced
contactless specifications designed
to make transactions safer and more
convenient.

Participating technology companies
can become certified Visa Ready Tap
to Pay and Mastercard Enhanced
Contactless providers, helping create
an optimal, standardized customer
experience, the card brands stated.
Ajay Bhalla, president, cyber &
intelligence at Mastercard, called
contactless the present and future
of in-person payments. "2020
brought with it a rapid acceleration
of digitization and reinforced the
importance of digital solutions -
like contactless - to help meet our
everyday needs," he said.

"As the ecosystem continues to
evolve, more connected devices and
the Internet of Things are going to
create more user demand and an even
greater need for constant innovation
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