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IndustryUpdate
requiring in certain funds transmit- tion period permitted under applicable NASDAQ rules and interpretations.
tals involving more than one finan- The company was found to be out of compliance with NASDAQ Listing Rule
cial institution that all financial 5250(c)(1), which requires listed companies to timely file all required periodic
institutions pass on certain informa- financial reports with the Securities and Exchange Commission.
tion to the next financial institution.
Netki said its TransactID uses open- RESEARCH
source standards to enable a secure,
encrypted, peer-to-peer exchange of
identity information between par- ASA releases global fraud, security survey
ties prior to transactions.
ATMIA's ATM Security Association (ASA) published the 2019 Global Fraud
NBP celebrates 10 years and Security Survey, a comprehensive security reports in the ATM industry.
in business The percentage of respondents reporting a general increase in ATM crime
rose slightly from 54 percent in 2017 to 58 percent this year, researchers
While celebrating its 10th anniver- found. Specific types of threats covered in the study include ATM skimming,
sary in August, National Benefit PIN compromise, deposit-related fraud, cash trapping, dispenser jackpotting,
Programs revealed that it now sup- transaction reversal fraud, card trapping, eavesdropping, card data malware,
ports more than 200,000 small and shimming chip card data, network packet sniffing, as well as remote and
midsize businesses (SMBs) in the other network compromise for card data.
United States through its robust
savings programs. NBP said it offers BHMI, Mercator study faster payments' impact
unparalleled savings on products In partnership with Mercator Advisory Group, BHMI, a provider of enter-
and services SMBs use every day. prise software applications, published a white paper on the impact and
Combining the purchasing power implications of faster payments on U.S. payment processors, networks and
of thousands of retail businesses, bank technology providers. It outlines specific challenges that each may face
NBP negotiates major discounts as the industry moves toward a real-time payments environment. Is Your
with leading national brands and Back Office Keeping Up with the New World of Payments? takes a critical look
a host of other business suppliers,
and will create a free, customized,
white-labeled websites for partners,
along with email campaigns sent
directly to customers.
Scribble Software releases
cloud-based POS
Scribble Software Inc., a provider
of business management solutions
for the marina industry, released
Marinago Office Point-of-Sale, the
next phase of the Marinago Office
next-generation cloud-based man-
agement solution for the marina
industry. As a cloud-based plat-
form utilizing a software-as-a-ser-
vice model, Marinago Office Point-
of-Sale leverages the latest cloud
technology and user interface tech-
niques revolutionizing marina and
property management, the compa-
ny stated.
USAT seeks NASDAQ extension
for compliance
USA Technologies Inc., a cashless
payments and software services
company, submitted a letter to the
NASDAQ Hearings Panel request-
ing the maximum possible excep-
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