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IndustryUpdate

management and gain complete control over finances.
With Karta.io, an e-commerce business can get the auto-
mation and insights needed to scale and forecast, the
company stated, adding the platform was created due to
the founders' frustration in finding a suitable service for
their ecommerce business.

The solution offers business accounts created in five
minutes, virtual cards in one click, spending rules for
every user, real-time expense tracking, and much more,
karta.io stated.

Nacha launches PaymentsIQ
Nacha launched online resource PaymentsIQ by
Nacha, which allows payments professionals to access
more than 100 on-demand courses on topics across
the payments ecosystem. These range from the latest
enhancements to the ACH Network to risk manage-
ANNOUNCEMENTS ment and cryptocurrency. In addition, PaymentsIQ
by Nacha subscribers can view recordings from past
Nacha events, including sessions from previous Smarter
CFB pauses fees for Hurricane Ian victims Faster Payments Conferences and the ACH Legal and

To assist those impacted by Hurricane Ian, Climate First Compliance Summit. Payments professionals can also
Bank temporarily waived late fees for loan payments use PaymentsIQ to earn continuing education credits
and overdraft fees on deposit accounts. From September toward AAP and APRP accreditations.
28 to October 28, 2022, bank customers faced no penal- VikingCloud a certified PCI Forensic Investigator
ties for prioritizing hurricane recovery.
Cybersecurity and compliance solutions provid-
Specifically, overdraft fees on deposit accounts, as well er VikingCloud said its PCI Forensic Process and
as late fees for loan payments, including mortgages, Methodology was approved by the PCI Security
were waived. About the relief, Climate First Bank’s St. Standards Council and all major credit card brands
Petersburg Branch Manager Edina Remic said, “Now is including Visa, Mastercard, American Express, Discover
the time for corporate compassion as we begin rebuild- and JCB. By joining fewer than 25 companies holding
ing our homes and businesses.” this certification, VikingCloud has positioned its North
America-based customers to take advantage of a cyber-
G+D tokenization wins security retainer that offers in-depth investigations in
Juniper Future Digital Award the event of a security breach or data compromise, the
Giesecke+Devrient reported that its eCom Tokenizer was company noted. In addition, VikingCloud noted, it is
honored in the Fraud and Security Innovation: Payment now authorized to perform investigations for any breach
Tokenization Solution category of the 2022 Juniper size and is authorized to review outcomes of customer
Future Digital Awards. The solution impressed the jury data breach investigations.
with its scalability and platform-agnostic approach, G+D
stated. Since 2008, Juniper Research has honored com- RESEARCH
panies for innovative solutions with potential to change
their respective industry in the long term and offer target Gift cards big in early holiday shoppings
groups a decisive advantage.
New Blackhawk Network research indicates 37 percent
This is the third consecutive year G+D has received one of shoppers surveyed plan to start shopping before
of the awards, once again highlighting its importance November due largely to actions of brands and retailers.
and pioneering role in the field of digital payments, G+D Forty-six percent of respondents said their signal to start
stated. holiday shopping is when brands and retailers announce
sales and promotions. Consumers plan an overall 8 per-
Karta.io launches ecommerce platform cent increase in gift spending this year. More than other
generations, Gen Z plans to increase YOY gift spend by
Karta.io, a financial ecosystem for ecommerce busi- 28 percent, with a 57 percent increase in gift card spend-
nesses launched in the United States. The service was ing.
devised to help ecommerce teams simplify financial

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