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IndustryUpdate





                                                                  legacy payment systems and emerging domestic and
                                                                  international messaging standards. Clients of banks
                                                                  have made it clear that real-time payments capabilities
                                                                  are one of the most important factors when choosing
                                                                  a bank, Go-Live Faster stated. RTP- GO, now in pilot,
                                                                  encompasses a six-step process to identify functional
                                                                  differences between current payment systems and ISO
                                                                  20022 messaging standards, precisely map those vari-
                                                                  ances to pinpoint ISO 20022 standards' impact on down-
                                                                  stream and upstream applications, validate the migrated
                                                                  system end-to-end to spot defects, and manage the
                                                                  defect resolution process.

                                                                  Inaugural Finclusion Day heralded in ebook
                                                                  The Inclusion Foundation, released an eBook,  The
                                                                  Network Effect: Digital payments as a gateway to financial
                                                                  inclusion, in tandem with the first annual Finclusion
                                                                  Day, celebrating financial inclusion within the payments
                                                                  sector. The ebook maps out the importance of digital
        ANNOUNCEMENTS                                             innovations and technologies to support the financially
                                                                  excluded, through exploring the four pillars that enable
          Bluefin wins 2022 Fortress                              financial inclusion to occur: technology, government,
          Cyber Security Award                                    education and inclusive communities. This new ebook
                                                                  presents the view that digital inclusion is a prerequisite
          The Business Intelligence Group recognized Bluefin      for  financial  inclusion  –  digitalization  is  required  to
          with  a 2022 Fortress Cyber Security  Award in  the     boost financial inclusion globally.
          Data Protection category. The awards program seeks
          to identify and reward the world's leading companies    MPI wins 2022 BBB Delaware Torch Award
          and products that are working to keep sensitive data    Mercantile Processing Inc., a merchant services and POS
          and  electronic  assets  safe  amid  a  growing  threat  from
          hackers. Bluefin won the award for its ShieldConex data   company, received the 2022 Better Business Bureau of
                                                                  Delaware's Torch  Award for Ethics. Headquartered in
          security platform, which utilizes  both hardware-based
          encryption and vaultless tokenization to secure person-  Sussex County, Del., since its 2016 founding, MPI said
                                                                  it  has a  long standing  relationship with the  Delaware
          ally identifiable information, protected health informa-
          tion, cardholder data and  ACH account data entered     business community.  The award aims  to recognize
                                                                  companies that display an outstanding level of integrity
          online. The platform masks data upon entry through
          Bluefin's iFrame or  APIs to  ensure it never  travels   and generate trust with their employees, customers, and
                                                                  community, organizers stated, adding that by focusing
          through a system or network as clear text.
                                                                  on transparency with merchants and offering employees
          Lior Div an EY Entrepreneur of the Year                 an equal opportunity to grow, speak and contribute to
                                                                  the company culture, MPI emerged as the perfect recipi-
          Lior Div,  Cybereason CEO and co-founder, was named     ent for this year's award.
          EY Entrepreneur of the Year 2022 New England. Div and
          Cybereason co-founders, Yossi Naar and Yonatan Striem-  RESEARCH
          Amit, saw that the security industry was at a crossroads
          trying to keep up with adversaries, Cybereason stated,
          adding  that  Div's passion to  empower defenders was   ANA finds tech is marketing's future
          ignited when he recognized he could leverage his skills   The Future of Marketing: A Roadmap to Hypergrowth, a new
          as a former commander in Israel's Unit 8200, a cyber    ANA study, identifies two distinct groups of marketers,
          offensive unit.  As a New England award winner, Div     based on their approaches to innovations and new tech-
          will be considered by the National independent panel of   nologies, as "hypergrowth" and "laggard." Researchers
          judges for the Entrepreneur Of The Year 2022 National   classified 38 percent of respondents as hypergrowth,
          Awards, which will be announced in November.
                                                                  compared to 27 percent listed as laggards (35 percent
          Go-Live Faster unveils RTP-Go                           reported moderate growth) and found laggards to be at
                                                                  a disadvantage due to five key findings: change is inevi-
          Go-Live  Faster  reported  that  it unveiled  its  innovative   table, automation is well underway, AI adoption is table
          Real Time Payments Implementation Accelerator, RTP-     stakes, integrated campaigns deliver results and virtual
          GO, which assesses and reconciles gaps between banks'   reality reigns supreme.


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