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IndustryUpdate

ANNOUNCEMENTS an ebook designed to help financial institutions employ
strategies that can deepen and grow relationships in
2023. It covers the overall effects of such developments
2022 ETA Hall of Fame as the impact of inflation on credit card usage, drop in
inductees honored mortgage originations, rise in the use of buy now, pay
later services, role of cryptocurrency in the traditional
The Electronic Transactions Association recognized the financial landscape, and explosion of data generated.
2022 inductees to the ETA Hall of Fame at the Strategic It offers strategies to combat challenges FIs are facing
Leadership Forum. The ETA Hall of Fame recognizes heading into 2023.
members whose contributions to the industry have
been significant, substantial, and long-standing. The Wnet now named PayTech Women
2022 inductees are Joyce Cook, who was instrumental in
formation of the Bankcard Services Association, the pre- As our payments industry evolves, we are evolving
cursor to the Electronic Transactions Association; Holli with it, PayTech Women stated when rebranding from
Targan, who served an 18-month term as ETA president Wnet to PayTech Women (PTW) in September 2022.
from 2009 to 2010 and leads the payments practice at Founded in 2005 as Women Networking in Electronic
Jaffe, Raitt, Heuer & Weiss; and Gerry Wagner, who Transactions (subsequently renamed Women's Network
served as an ETA board member from 1999 to 2016. He in Electronic Transactions) the organization strives to
had a 31-year career with Discover and became the face inspire and empower women with networking, mentor-
of Discover for the acquiring and payments industry. ing and leadership development opportunities. "Our
new name adds to our enduring dedication to the
IDC ranks NCR a Top 5 tech provider women of the payments and fintech industry," wrote
PTW Board President Kelly Tufts, who is vice president,
NCR Corp., an enterprise technology provider, moved field talent for Discover. "As we continue to grow and
up to No. 4 on the 2022 IDC FinTech Rankings Top 100,
a list of the financial services industry's leading global thrive, we created a name that represents who we are in
the industry today and what we strive to accomplish for
hardware, software and service providers. NCR, IDC
noted, has ranked in the top 10 IDC FinTech leaders for the future." PayTech Women's vision, she added, is "to
create a world where a woman's potential is as unlimited
more than a decade. IDC also recognized NCR as a Fast
Track FinTech company. as her ambition."

Fast Track FinTechs are those companies in the IDC RESEARCH
FinTech Rankings Top 100 that have moved signifi-
cantly up in the rankings from last year. The annual IDC MineralTree issues annual report on AP
FinTech Rankings categorize and evaluate technology
providers based on calendar year revenues from finan- MineralTree, a Global Payments company and accounts
cial institutions for hardware, software, and/or services. payable and payment automation solution provid-
Data is gathered from surveys completed by vendors, as er, released its seventh annual State of AP report.
well as original research and market analysis conducted MineralTree stated it expanded research to include sup-
by IDC Financial Insights. pliers, reflecting the growing importance of vendor rela-
tionships to businesses in the current environment. The
ID Insight rebrands as Kevari 2022 report provides a 360-degree view of the AP and
B2B payments landscape, identifying the most pressing
ID Insight Inc., an identity fraud prevention enterprise, issues for both buyers and suppliers, and their impact
changed its name to Kevari. In 2003, the company across a range of industries, MineralTree stated, adding
launched with one client and one simple deliverable: that in addition to AP's growing focus on automation
address verification. Now, the company noted, it has and its impact on B2B relationships, this year's report
multiple use cases, advanced technologies, numerous looks at the growth of epayments, and the disconnect
AI-driven data networks, and nearly 4,000 customers. between buyers and suppliers regarding adoption.
The name Kevari is intended to represent how the com-
pany continually evolves to keep its clients ahead of RBR: Global card spending reaches $42 trillion
current and emerging fraud schemes. The initial inspira-
tion for Kevari was a river in India that flowed through New research released by RBR shows that worldwide
areas of the country where some of the all-time greatest expenditure on payment cards reached over $42 trillion
mathematicians studied and lived. in 2021, representing a 23 percent rise. This increase
came as economies around the world recovered from
Segmint releases 2023 financial forecast ebook the effects of the COVID-19 pandemic, which had led
to a marginal fall in payment card spending in 2020.
Segmint, an Alkami company, released 2023 Navigating RBR said its new report, Global Payment Cards Data
The Economic Impact-2023 FI Budgeting Data Strategies,

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