The Green Sheet Online Edition
October 10, 2017 • 17:10:02
News Briefs
Consumers want payment choices, not cashless society <- click to read full story
According to the Health of Cash consumer survey just released by Cardtronics, even the most digitally savvy among us – millennials – like the idea of carrying cash. Millennials, while leading proponents of digital wallets, are more likely than others to use cash for P2P payments, according to the study.
ETA, Strawhecker reveal upbeat report on economy, payments <- click to read full story
The Electronic Transactions Association, in partnership with The Strawhecker Group, released the upbeat Strategic Leadership Forum (SLF) Special Report on the U.S. Economy. The report helped kick off Payments Analytics Month, which was founded by Strawhecker "to highlight the strategic importance of using analytics to enhance decision making while providing payments industry players with a bevy of powerful data," the consultancy stated.
Sonic, Yahoo breaches painful reminders of vulnerability <- click to read full story
Sonic Corp. issued a statement confirming a massive security breach of its POS systems. The incident led to a fire sale of millions of credit and debit card account numbers on the Dark Web. "We are working to understand the nature and scope of this issue, as we know how important this is to our guests," the company stated.
FICO launches algorithms to attack CNP fraud <- click to read full story
Fair Isaac Corp. introduced machine learning algorithms that it said can boost card-not-present fraud (CNP) detection by 30 percent. While widespread EMV chip card implementation will make it extremely difficult for fraudsters to use counterfeit cards at the physical POS, that won't stop them from exploiting vulnerabilities in the CNP arena.
The Green Sheet operational during state of emergency <- click to read full story
On Oct. 10, 2017, after devastating and deadly fires ravaged several communities in Sonoma and neighboring counties, Sonoma County Sheriff Rob Giordano said, “This is nowhere near over. This is still very dangerous.” This remains the situation as of press time. The Green Sheet Inc. is located in Rohnert Park, immediately south of Santa Rosa. Members of our staff are safe, our homes are intact, but our operations are limited while we deal with power outages and other repercussions of this tragedy. 
Editorial Note: Following are excerpts from news stories recently posted under Breaking Industry News on our home page. For links to these and other full news stories, please visit www.greensheet.com/breakingnews.php?flag=previous_breaking_news.
Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.
Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.
