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IndustryUpdate

solution ensures merchants do not take any volatility PARTNERSHIPS
risk: the customer has 15 minutes to complete the trans-
action where the crypto to fiat rate is locked in, and the
merchant receives the full fiat amount, regardless of any Bluefin, DRB, Datacap Systems roll out P2PE
rapid exchange rate fluctuations. The company uses the Integrated payments and security provider Bluefin
Lightning Network, where available, a technology layer launched its PCI-validated point-to-point encryption
that helps facilitate instant exchange of cryptocurrency. (P2PE) solution across 458 U.S. car wash locations with

3 Techies Banter makes technology accessible partners DRB and Datacap Systems. Car wash technol-
ogy provider DRB specializes in advanced POS systems
3 Techies Banter is a technology podcast for non-techies and next-generation business management. Datacap
(and techies) and anyone with a sense of humor. The builds customized payment solutions that route through
three podcasters come from diverse backgrounds, yet dozens of pre-certified devices from leading OEMs,
they are united in their desire to make technology a topic empowering merchants to create a unified payments
of drawing-room conversation where everyone can have experience across brick-and-mortar, online, mobile and
an informed viewpoint. Technology, they said, impacts unattended applications. Bluefin specializes in PCI-
the lives of people as individuals and as a society sig- validated P2PE solutions that encrypt all data within a
nificantly, and yet so many people know so little about PCI-approved point-of-entry device, preventing clear-
it or expect so much from it — both equally dangerous. text cardholder data from being available in the device
Episodes that have aired so far are available at https:// or the merchant's system where it could be exposed to
audiowallah.com/podcast/3-techies-banter-3tb and all major malware.
podcast platforms.
Nexio partners with Chargebacks911
RESEARCH Nexio, a provider of payment orchestration, partnered
with dispute technology specialists Chargebacks911.
Mercator reports on Canada's digital divide Nexio said it will now benefit from Chargebacks911's
end-to-end dispute management offering while reaping
Mercator Advisory Group's 2022 North American transformative results for its merchants. With fraud grow-
PaymentsInsights: Emerging Payments and Technology – ing year-on-year, Nexio is leveraging Chargebacks911's
Navigating the Digital Divide in Canada analyzes the industry-leading technology to deliver increased value
impact of technology within Canada on current and to its merchants, while protecting and defending against
future behavior. The report revealed significant impacts chargebacks and disputes, Nexio added.
that income and education have on both adoption of
technology and forward-looking preferences, research- TruCentive expands with PayPal, Venmo
ers noted. The report is based on the North American TruCentive, an all-in-one incentives delivery and engage-
PaymentsInsights survey, administered in 2022 to a ment platform, added the PayPal and Venmo online
nationally representative sample of 1,000 Canadian payment systems to its catalog of incentive options.
consumers, ages 18 years or older. Topics highlighted Marketing, HR, and operations professionals now have
in this 55-page report include technology access, mobile two new payment options when delivering incentives in
phone use, technology adoption, payment and banking the form of payments via TruCentive, the company stat-
methods, payment technology, P2P payments, and cryp- ed, adding that PayPal and Venmo complement its exist-
tocurrency. ing deposit to debit card and deposit to bank account
U.S. Payments Forum reviews chip supply issues payment solutions. TruCentive said it enables clients
to deliver payments, prepaid Visa and Mastercard, and
Global semiconductor supply challenges are persistent over 3,000 merchant gift cards in over 150 countries via
and wide-reaching, affecting numerous industry sectors SMS and email, and clients can curate groups of gift
for nearly two years, according to the U.S. Payments cards or payment options to create a complementary
Forum, which released a new resource addressing theme to match their event or campaign.
chip supply challenges, potential impacts on the pay-
ments ecosystem and considerations for payments ACQUISITIONS
industry stakeholders to help mitigate shortfalls in
coming months. The free white paper, Global Chip
Supply Challenges: Considerations for Payment Industry Fenergo completes Sentinels acquisition
Stakeholders, is available for download on the U.S. Fenergo, a provider of digital solutions for Know your
Payments Forum website, www.uspaymentsforum.org. Customer (KYC) and client lifecycle management (CLM),
The forum pointed out that for the payments industry, acquired Sentinels, an anti-money laundering (AML)
the chip shortage challenge is impacting the availability transaction monitoring new market entrant with artifi-
of the security chips used in payment cards, POS termi- cial intelligence-based technology. Fenergo stated the
nals and other devices.
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