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NewsBriefs

This article contains excerpts from news stories recently posted under advanced processing technologies to deliver secure,
Breaking Industry News on our homepage. For links to these and other seamless in-store, in-app and online commerce. 2022
full news stories, please visit www.greensheet.com/breakingnews.php. Payments Outlook, published by Nexi Group subsidiary
Nets, found consumers are using mobile devices as hubs
to navigate the shopping journey and make informed
decisions at points of interaction based on real-time data.
The report examines commerce through multiple lenses
of consumers, technology, markets and regulatory
landscapes, and cites the following five trends: I, the
consumer, Pay as I please, Beyond the POS, Data the
enabler, and Platforms for success.

27-years on, gift cards still popular
European fintechs foster sustainable ecosystem Consumers are amping up gift card purchases as issuers
Recent efforts to promote environmentally friendly expand promotions and supply chain issues continue to
practices suggest sustainability is top of mind for European thwart gifting of physical items. "It's hard to believe that
fintechs. Munich-based Giesecke+Devrient disclosed it is after 27 years the trajectory for gift cards continues to
helping fintechs attract eco-conscious customers. And grow," said Tom Niedbalski, vice president for gift card
London-based firms Allstar and Zap-Map revealed plans solutions at Fiserv. "Evolving use cases and the convenience
to streamline payments at UK charging stations. factor continue to drive adoption." Fiserv, which routinely
gauges consumer attitudes toward gift cards, reported that
Dr. Carsten Wengel, head of global sales and distribution its latest poll found eight in 10 consumers plan to purchase
in the card and digital payment business at G+D, observed gift cards this year. Fifty-eight percent said they expected
that sustainable lifestyles and business practices are on to purchase more gift cards than in years past because of
trend. "We are the best partner for fintechs in providing inventory shortages.
not only eco-innovative payment cards, but a network
of eco-conscious partners that bring extra value to their Consumers are slightly more inclined to purchase physical
offerings," he said. Alex Earl, commercial director at Zap- gift cards than digital gift cards, while those receiving gift
Map, said his company's mission is to make charging cards are more inclined to store the cards in their digital
simple by enabling EV drivers to "search for charge points, wallets. Nineteen percent of respondents said they plan to
plan longer electric journeys, pay on multiple networks, purchase more physical gift cards in 2022 than previously.
and share updates with other EV drivers—all in one app." Asked why they prefer plastic to digital, 65 percent of
those polled said they felt physical cards are less prone
Commerce studies reflect digital-first future to fraud; sixteen percent said they plan to purchase more
digital gift cards. On the receiving side, 53 percent of
Future financial services will be inclusive, agile and consumers polled said they planned to store gift cards on
digitized, according to separate reports by Nexi Group their mobile devices.
and LexisNexis Risk Solutions. Researchers from both
companies expect merchants to increasingly leverage ETA unveils 2022 Forty Under 40
The Electronic Transaction Association unveiled this
A Also find us on lso find us on FFacebook, acebook, year's Forty Under 40 honorees, congratulating the 2022
class of leaders who have made a measurable impact on the
L LinkedIn & inkedIn & TTwitter for the witter for the payments technology ecosystem. The ETA characterized
most up-to-date stories, t up-to-date stories,
mos this year's honorees as trailblazers who are modeling the
can’t miss events and newest an’t miss events and newest
c way to the future of payments. ETA CEO Jodie Kelley
said the ETA selected individuals from all parts of the
ind payments industry, including emerging segments.
industry announcements.ustry announcements.
"The ETA Forty Under 40 represents the ways in which
innovation is reshaping the payments industry," she said.
"The convergence of traditional payments companies
and newer entrants has powered new ideas. This
distinguished class represents the next generation of
h https://www.facebook.com/TheGreenSheetIncttps://www.facebook.com/TheGreenSheetInc payments technology, quickly changing and moving the
https://www.linkedin.com/company/the-green-sheetttps://www.linkedin.com/company/the-green-sheet industry forward." The association solicited nominations
h
from across the payments industry; qualified individuals
h https://twitter.com/The_Green_Sheetttps://twitter.com/The_Green_Sheet were judged for their professional character and for their
personal impact on the industry.
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