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Letter from the editor



                             igitization has transformed
                             the payments industry pro-
                             foundly, starting with the
                   D electronification of payments
        and  progressing  to  such  developments  as  mobile
        and contactless payments, blockchain innovations,
        and digital wallets. Overall, digitization continues
        to transform the industry by making payments fast,
        more secure and more convenient for consumers and
                                                                Howdy
        businesses alike. This issue's lead article explores the
        current state of digital wallets, which have become a   Howdy
        leading online payment method in North America,
                                                                Y’all!
        according to recent research. However, gaining mar-
        ket share isn't easy. Remember the demise of the QR     Y’all!
        code based MCX digital wallet and the unfortunately
        named ISIS wallet, which was renamed and later
        folded into Google's wallet?
        Digitization has legal implications, too, which one of
        contributors explains for those operating digital-only
        businesses. Other topics explored by experts featured
        herein include why social media is an ideal way to
        get in front of customers, and how to use it to drive
        sales; analysis of the Federal Reserve's latest pay-
        ments study, which contains comprehensive research
        released every three years; and  how coders are using   I’m working hard to help you increase
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        AI as a productivity tool to make the software devel-
                                                                         your bottom line today!
        opment process more efficient.                                   y o ur b o t t o m line t o d a y!
        In the news, we've included highlights from several
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        stories: a call from Rohit Chopra, director of the Con-
                                                                                  N
                                                                                           ull
        sumer Financial Protection Bureau, for the Financial                      No Bull
        Stability Oversight Council to rein in bit tech firms to
        quash potential threats to economic stability; a report    Customized advertising campaigns
        from Paxos in the wake of investment banking and
        cryptocurrency failures to  identify  a  path  forward     to fit any size company and budget.
        for fintechs, crypto advocates and the broader finan-
        cial ecosystem; a complaint filed by the Federal Trade      • Spotlight Innovators’ Pages
        Commission  and  Florida's  attorney  general  against         (frequently updated content)
        Chargebacks911 for allegedly "unfairly thwarting
        consumers" who were trying to use the chargeback            • Print (various size options)
        process to dispute credit card charges; research in-
        dicating consumers are stepping up their credit and         • Resource Guide listing
        debit card usage while also exploring faster payment           (print/online/front page options)
        methods; a one-day event co-hosted by NextTech
        Communications, CoLab at Bell Works and TechUnit-           • Email Blasts (to GS readership)
        ed New Jersey featuring female tech-sector leaders
        and designed to showcase the state's heritage of tech       • Online (website/twice monthly magazine)
        innovation, inclusion and opportunity; and a report         • Video
        sharing highlights from the Electronic Transactions
        Association's recent Transact 2023 conference.              • Bundle advertisng campaign discounts*
        Also included are product and company profiles,
        news of upcoming tradeshows, and updates on recent          Rick Aston
        individual and company awards and honors, indus-
        try research, partnerships and acquisitions, and ap-               Senior Media Partnership Specialist
        pointments. To submit your latest news, please send
                                                                          707-284-1693
        a press release to press@greensheet.com. We'll also wel-          707-284-1693
        come your questions  and  comments   at  greensheet@
        greensheet.com.
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