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February 10, 2017

Headline News from PaymentsNews.com - February 10, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide!

ON THE WEB

  • Australia’s retailers join the banks in their battle with Apple Pay - NFC World - "The Australian Retailers Association (ARA) has come out in support of the group of four Australian banks seeking stronger negotiation powers with Apple over the introduction of Apple Pay in the country, saying they believe access to the NFC functionality in the iPhone would allow retailers to provide “a richer and more convenient customer experience”."
  • Project Jasper: Lessons From Bank of Canada's First Blockchain Project - Coindesk - "Project Jasper is our DLT flagship experiment, first revealed last June in a speech in Calgary. It's a joint initiative between Payments Canada, the Bank of Canada, major Canadian banks and R3. We've built and are test driving a simulated wholesale payment system using a DLT-based settlement asset (dubbed 'CADcoin' or 'settlement coin’). The experiment will be ongoing until later this spring, but already it has taught us a lot about how the technology would have to improve to win a horse race with our current Large Value Transfer System."
  • PCI SSC issues multi-factor authentication guidance - Contactless Intelligence - "Attackers continue to compromise valid credentials to access company networks and steal data. To help organizations combat this growing threat, the PCI Security Standards Council (PCI SSC) has issued guidance on what they consider to be the proper use of multi-factor authentication for preventing unauthorized access to computers and systems that process payment transactions."
  • Surging Attacks Driven by Spoofed IDs And Mobile Devices Darken the Security Picture - Digital Transactions News - "Criminals are increasingly relying on a devil’s brew of breaches, phishing, bot attacks, and outright fakery to piece together convincing identities they can use to loot accounts. “There’s a lot of [personally identifiable information] in the wild and fraudsters have access to it,” Vanita Pandey, product management and payments executive at ThreatMetrix, tells Digital Transactions News. “It’s easier than ever to commit crime.”"
  • How Retailers Can Grow Their Customer Base With Gift Card Programs - Retail Touch Points - "Gift cards help givers strike the perfect balance between wanting to give a personal gift and giving the recipient some freedom to choose. CardCash.com ranks gift cards as the #1 most requested gift, with 28.8% of consumers specifically requesting gift cards from friends or family. And, not surprisingly, gift cards are particularly popular over the holiday season. In fact, by 2015, gift cards accounted for more than 18% of holiday purchases."
  • Google is killing its experimental Hands Free payment app - The Verge - "The app, which launched on iOS and Android in March last year, allowed users to enter in payment and photo information, and then used a combination of Bluetooth, Wi-Fi, and location services to identify if your phone was in a store. When paying, a cashier would be presented with a photo that the user had set up in an app to confirm the transaction."
  • VC Firms Back Record Number of Cybersecurity Startups in 2016 - Bloomberg - "More than 4.2 billion records were exposed during data breaches last year, easily eclipsing the previous record of 1.1 billion in 2013, according to a January report by Risk Based Security Inc. Corporate cybersecurity spending is growing at twice the rate of overall IT budgets and will reach $101.6 billion by 2020, research firm IDC estimates."

ON THE WIRES

  • Origination Volume is Higher Than or as Anticipated - "Twenty-three financial institutions, representing 63 percent of ACH Network origination volume, participated in a qualitative survey during December 2016 and January 2017 about Same Day ACH, an industry solution to move payments faster. Across the board, Same Day ACH has seen strong performance and usage, with 90 percent of respondents saying the volume of origination services was the same or higher than expected, and 83 percent saying the same about volume received."
  • Blackhawk Network Launches Same-Day Rebate Reward Fulfillment - "Blackhawk Network, a pioneer of gift cards, payments tools and rewards delivered via a robust and convenient network, today announced the launch of its first-ever rebate processing solution that allows consumers to qualify for and submit a utility-sponsored rebate, and receive a reward, on the same day. With this new On-the-Spot Rewards™ utility providers and service providers across the country can offer to consumers rebates and rewards following their purchase of an in-home service, HVAC or energy efficient product installation."
  • Signifyd Joins Salesforce Partner Program to Drive Customer Success With Salesforce Commerce Cloud - "Signifyd today announced that it has joined the Salesforce Partner Program in support of Salesforce Commerce Cloud, the fastest path to unified commerce. Commerce Cloud enables brands to provide personalized experiences for shoppers that span web, mobile, social and in-store. And now, as part of the world’s #1 CRM platform – Salesforce – brands can deliver completely unified experiences for customers that extend beyond commerce to include marketing, customer service and more."
  • LendingTree Analysis Shows Apple Users Have Higher Credit Scores, Loan Amounts and Better Rates than Android, Windows - "LendingTree® (NASDAQ: TREE), the nation's leading online loan marketplace, analyzed over 2 million purchase mortgage and personal loan requests to better understand how Americans are shopping for their loans. The findings show that 41 percent of purchase mortgage shoppers and almost half (48.53%) of personal loan shoppers use a mobile device to shop and compare loan offers from different lenders. Additionally, the analysis suggests a correlation between a user's device, credit score, and loan amount."

GLENBROOK PAYMENTS EDUCATION EVENTS

The next Glenbrook Payments Boot Camp is March 7-8, 2017 in San Jose, CA. On March 9, still in San Jose, will be our Digital Payments Insight Workshop. Following that, our next public Boot Camp and Insight Workshop combination will be in New York City in April followed by Atlanta in May. Check out our spring schedule here. We hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

UPDATES FROM GLENBROOK

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 09, 2017

Headline News from PaymentsNews.com - February 9, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide!

ON THE WEB

  • Kenyan banks get backing to launch M-Pesa competitor network - Payments Cards and Mobile - "The Kenya Interbank Transaction Switch, which has been developed by the Kenya Bankers Association (KBA), facilitates real-time transfer of money between banks without going through mobile money platforms that are owned by the three telecom firms."
  • PayPal Says Anti-Money Laundering Program Subpoenaed by DOJ - Bloomberg - "San Jose, California-based PayPal processed $354 billion in transactions in 2016, with about half of the volume overseas. Since it handles transactions across borders, it has to comply with laws targeting money laundering. PayPal suggested in a statement that the Department of Justice is seeking information regarding PayPal users, not targeting the company in the probe."
  • Google unveils Android Wear 2.0 and new watch with support for NFC mobile payments - NFC World - "Google has officially unveiled Android Wear 2.0, the new version of its operating system for smartwatches, and two new watches from LG — one of which comes with NFC to support HCE mobile payments using Android Pay."
  • USA Technologies’ Cashless Rollout Speeds Along, But Profits Elude the Vending Specialist - Digital Transactions News - "USAT advocacy of cashless-vending payments is bolstered in part by consumer affinity for contactless payments. In a test promoting Apple Pay on its interactive ePort devices, USAT found that vending operators had a 36.5% increase in overall sales and a 55.5% increase in revenue from contactless purchases. The average contactless ticket of $1.47 was 26.7% more than the average cash ticket of $1.16. “As revenue and connections continue to grow, we’ve returned to our profitability path we were on in the early part of last year and we’re obviously on track to reach our long-term goals of 500,000 connections and a $100 million annual revenue run rate,” said chairman and chief executive Stephen P. Herbert during the call."
  • Two of China's Biggest Exchanges Stop Bitcoin Withdrawals - Coindesk - "In public posts that showcase the increasingly coordinated nature of exchange policy in the region, both OKCoin and Huobi said today that the move was a bid to bolster their anti-money laundering (AML) capabilities and prevent "illegal transactions"."
  • How emerging payments impact merchant acquirers - Mobile Payments Today - "Even though some emerging payment technologies are not widely accepted or even broadly adopted by consumers, the acceptance of these technologies can create opportunities for merchant acquirers to differentiate themselves in a highly competitive and relatively commoditized industry. Every acquirer accepts the major issuing brands and debit cards, but not all acquirers accept these new technologies."

ON THE WIRES

  • NCR Introduces NCR ENCOR for Small and Medium-Sized Retailers in North America - "NCR Corporation (NYSE: NCR), the global leader in omni-channel technologies, introduces NCR ENCOR, a complete store management solution that delivers comprehensive point of sale, front office and back office functionality for small and medium-sized retailers that will be available through the NCR Interact Partner Program in North America. NCR ENCOR is based on an open platform delivering a unified customer experience leveraging the NCR Retail ONE omni-commerce hub. NCR Retail ONE provides real-time access to actionable data across multiple channels, as well as seamless integration to an ever-evolving ecosystem of third party applications."
  • USA Technologies to Roll Out Cashless Payment Technologies to Six Pepsi Cola Bottlers - "USA Technologies, Inc. (NASDAQ:USAT) ("USAT"), a payment technology provider of cashless and mobile transactions in self-serve retail, today announced agreements with several Pepsi Cola bottling franchisees throughout North and South Carolina to leverage USAT’s cashless payment technologies within their existing inventory of vending machines. The company has 11,900 customers and over 469,000 point of sale cashless payment devices on the ePort Connect platform."
  • InComm Expands International Network through Partnership with Brazilian Convenience Store Chain - "InComm, a leading prepaid product and transaction services company, today announced it has finalized a five-year exclusive partnership with Ipiranga in Brazil, further adding to its international network. Ipiranga is a subsidiary of Ultra, Brazil's second-largest fuel distribution company, and manages its chain of convenience stores. The partnership differentiates Ipiranga in selling gift cards at service stations."

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are in San Jose, CA, New York, NY, and Atlanta, GA. See our spring schedule here. We hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

UPDATES FROM GLENBROOK

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 08, 2017

Headline News from PaymentsNews.com - February 8, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide!

ON THE WEB

  • Javelin, Visa offer different takes on whether card fraud is moving online - CSO - "According to a report released last week by Javelin, card-not-present fraud went up 40 percent this year, but according to a new report from Visa, there has been no increase in online fraud."
  • Apple Pay Now Supported by 36% of Merchants in United States - MacRumors - "Apple Pay is now accepted by 36 percent of merchants in the United States, according to research conducted by retail consulting firm Boston Retail Partners and shared by NFC World. That's up from 16 percent last year."
  • Samsung to bring Mini version of Samsung Pay to all Android handsets - NFC World - "Samsung is to launch a pared-down version of Samsung Pay which will make the mobile payments service available on all Android handsets. The Samsung Pay Mini app will support certain features of the original platform, including membership, lifestyle, transportation and online payments, and will be available first in South Korea from the first quarter of 2017, the company says."
  • A rash of invisible, fileless malware is infecting banks around the globe - Ars Technica - "Now, fileless malware is going mainstream, as financially motivated criminal hackers mimic their nation-sponsored counterparts. According to research Kaspersky Lab plans to publish Wednesday, networks belonging to at least 140 banks and other enterprises have been infected by malware that relies on the same in-memory design to remain nearly invisible. Because infections are so hard to spot, the actual number is likely much higher."
  • Arizona Bill Would Make Blockchain Smart Contracts 'Legal' - Coindesk - "The bill is somewhat akin to another measure put forward in Vermont that would make blockchain records admissible as evidence in court. In both cases, state law is amended to create a kind of legal backing for blockchain-based information."
  • All CIOs Want For 2017…Is Unified Commerce - Retail Touch Points - "Unified commerce goes beyond omnichannel by enabling a single, holistic platform, combining in-store, mobile, e-Commerce and every other function throughout the enterprise. As such, it is quickly becoming the new retail imperative. While just 18% of retailers have implemented a unified commerce platform, another 57% plan to do so within three years."
  • Barclaycard, VocaLink enable merchants to accept mobile payments through Pay by Bank app - Contactless Intelligence - "Barclaycard is partnering with VocaLink to enable its merchants to accept mobile payments through Pay by Bank app. Pay by Bank app will allow shoppers to pay quickly and securely for goods and services on a mobile device, without the need to enter credit or debit card details. By using Pay by Bank app payment button at the point of purchase, customers can login to their mobile banking app which will seamlessly authorise and complete the transaction."
  • ‘Dark Web’ Sites Hit in Cyberattack - Wall Street Journal - "A network of websites used by hackers and others to anonymously share information has itself been hit by a cyberattack."
  • Banks are finally sprouting anew in America - Wall Street Journal - "President Donald Trump last week signed executive actions aimed at unwinding parts of the 2010 Dodd-Frank Act. Some in the financial industry hope reduced regulation will spur broader interest in starting community banks and, over time, more lending that will bolster economic growth."
  • How AI Will Become the Most Defining Technology for the Banking Industry - Let’s Talk Payments - "Artificial intelligence is here to stay, and 2017 will be about the adoption of ML/AI by the FinTech community and beyond. Experts agree that FinTech companies will harness this technology to make better decisions and offer improved solutions – they will make use of predictive analytics to break down big data and analyze large volumes of consumer information."

ON THE WIRES

  • Adyen Increases Transaction Volume to $90 Billion in 2016, Nearly Doubling Year-over-Year - "Adyen, the leading payments technology company, today announced the company increased transaction volume 80 percent year-over-year, totaling $90 billion in 2016. Adyen also made significant traction in the retail market, unveiling successful in-store and omnichannel payment solutions for customers like Tory Burch and Burberry."
  • Gartner Says 8.4 Billion Connected "Things" Will Be in Use in 2017, Up 31 Percent From 2016 - "Gartner, Inc. forecasts that 8.4 billion connected things will be in use worldwide in 2017, up 31 percent from 2016, and will reach 20.4 billion by 2020. Total spending on endpoints and services will reach almost $2 trillion in 2017. Regionally, Greater China, North America and Western Europe are driving the use of connected things and the three regions together will represent 67 percent of the overall Internet of Things (IoT) installed base in 2017."
  • Chase Pay and New Partners Bring Payment Convenience to Customers on the Go - "Chase customers will soon be able to use Chase Pay® while on-the-go with two new merchants – global restaurateur HMSHost and Parkmobile. HMSHost is the leading food and beverage provider for travel venues, while Parkmobile enables users to pay for parking in cities around the country through their app."

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are in San Jose, CA, New York, NY, and Atlanta, GA. See our spring schedule here. We hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

UPDATES FROM GLENBROOK

  • Join us at the 2017 FinTech Georgia Symposium February 9! Glenbrook is a proud sponsor of the 2017 FinTech Georgia symposium. Join us for this great event on February 9 in Atlanta. Reach out to Glenbrook's Elizabeth McQuerry, a board member of the Technology Association of Georgia, to schedule a meeting with the Glenbrook partners in town for the symposium.
  • We're hiring! Passionate about payments? Love solving tough client problems? If that describes you, come join us! Click here to learn more!
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 07, 2017

Headline News from PaymentsNews.com - February 7, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide!

ON THE WEB

  • The Blockchain: Far from Where It Started in Use Cases - TSYS N>genuity Journal (contributed by Glenbrook’s George Peabody) - "Today's central insight is that blockchains are essentially a new database structure. They store every change to the database, including both the data itself and who controls the ability to modify that data. Because blockchain-based records cannot be altered, the database may be shared across multiple parties while maintaining integrity. And that database integrity can be automatically audited so trust between parties is more readily generated and maintained through transparency. These capabilities make blockchain-based databases appropriate for shared or distributed ledger applications."
  • ACH: No Trace Left Behind - FRB Take on Payments blog - "Under NACHA rules, the FI originating the payment assigns a unique 15-digit trace number; the trace number's uniqueness is necessary to differentiate each payment in the batch. Uniqueness is not mandated across payments in other batches in the same payments file. Consequently, a trace number could be repeated in multiple payment files on the same day or across many days—and, even more troublesome, within the same payments file. "
  • Bank of Nova Scotia, Investing in Digital Overhaul, Finds Power in AI - Wall Street Journal blog - "Working with Toronto-based startup DeepLearni.ng, Scotiabank developed and launched a tool in December that identifies potentially delinquent or high-risk customers and suggests the best way to approach them about it. Even a small improvement in collections can have a big impact on the bank’s bottom line, said Michael Zerbs, chief technology officer at Scotiabank. The challenge is to figure out the best way to interact with customers who may have simply forgotten to pay versus those less likely to pay at all."
  • Cofounders Exit Revel Systems Following a Fresh Investment from Welsh, Carson - Digital Transactions News - "The cofounders of Revel Systems, an early maker of iPad-based point-of-sale systems, have left the company following a fresh investment by private-equity firm Welsh, Carson, Anderson & Stowe, which has long been active in the payments industry."
  • BNP Paribas to double digital spending to EUR3 billion - Finextra - "BNP Paribas is to invest EUR3 billion in a three-year business plan to build the 'bank of the future'. The French bank is looking to generate EUR3.4 billion in savings between 2017 and 2019, slashing branches and raising its spend on digital initiatives by 50% over the period."
  • JCB PARTNERS WITH KAZKOMMERTSBANK TO BOOST CARD ACCEPTANCE IN KAZAKHSTAN - Cards International - "JCB International (JCBI), the international operations subsidiary of JCB, has teamed up with Kazakhstan-based commercial lender Kazkommertsbank (Qazkom) to facilitate JCB card acceptance in the country. The recent agreement is the result of strategic ties between Discover and JCB since 2006, which enabled JCB card acceptance on the Discover Network in the US, and Discover card acceptance on the JCB network in Japan."

ON THE WIRES

  • More than 33 Million Customers Have Used Amazon Payments to Make a Purchase - "Amazon today announced that more than 33 million customers have used Amazon Payments to make a purchase. Amazon Payments makes it easy for customers around the world to pay on thousands of merchant websites using the information already stored in their Amazon account. In 2016, Pay with Amazon payment volume nearly doubled, with expansions into France, Italy and Spain and new verticals including government payments, travel, digital goods, insurance, entertainment, non-profits and charities helping fuel this growth. Amazon Payments also introduced new in-store experiences with Moda Operandi and Amazon Books."
  • IBM Launches Blockchain Initiative with Dubai Government Agencies and Enterprises on IBM Cloud - "IBM is collaborating with Dubai Customs, Dubai Trade and its IT provider DUTECH, to explore the use of blockchain for a trade finance and logistics solution for the import and re-export process of goods in and out of Dubai. Using Hyperledger Fabric and IBM Cloud, the blockchain solution transmits shipment data allowing key stakeholders to receive real-time information about the state of goods and the status of the shipment. Taking the example of a shipment of fruit, stakeholders involved in the process will receive timely updates as the fruit is exported from India to Dubai by sea, and then manufactured into juice in Dubai, and then exported as juice from Dubai to Spain by air."
  • Where Are Bankers Targeting IT Investments? William Mills Agency’s Bankers as Buyers 2017 Report Now Available - "William Mills Agency, the largest independent public relations and marketing firm specializing in the financial industry, released its 14th annual financial services industry research report, #BankersAsBuyers 2017. Key trends in this year’s report include the continued evolution of payments technology, increased adoption of self-service and innovative branch automation technology, and further enhancements to mobile banking – all converging as part of an overlying strategy to improve the customer experience."

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are in San Jose, CA, New York, NY, and Atlanta, GA. See our spring schedule here. We hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

UPDATES FROM GLENBROOK

  • Join us at the 2017 FinTech Georgia Symposium February 9! Glenbrook is a proud sponsor of the 2017 FinTech Georgia symposium. Join us for this great event on February 9 in Atlanta. Reach out to Glenbrook's Elizabeth McQuerry, a board member of the Technology Association of Georgia, to schedule a meeting with the Glenbrook partners in town for the symposium.
  • We're hiring! Passionate about payments? Love solving tough client problems? If that describes you, come join us! Click here to learn more!
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

February 06, 2017

Headline News from PaymentsNews.com - February 6, 2017

Headline News is brought to you by Glenbrook Partners. Glenbrook provides payments strategy consulting and education services to payments professionals worldwide!

ON THE WEB

  • Payments in Real Time - Payments Views (Glenbrook’s Elizabeth McQuerry) - "It’s taken another three and a half years but in 2017, new payment systems are coming on line that will totally transform how many payments are made. Zelle and the new Real Time Payments rail from The Clearing House are joining contenders like PayPal."
  • Globalization failed too many people. Here’s the technology that could help it work for everyone - Quartz - "The challenge that lies ahead is how to make globalization (and, ipso facto, technology) work for everyone, not just privileged few. The blockchain, a decentralized ledger that verifies and permanently records transactions, may help us achieve this goal. In fact, the democratizing potential of this technology could be key to ushering in a new era of globalism."
  • Klarna buys BillPay, the PayPal of Germany, for $75M from Wonga - TechCrunch - "The sale is a sign of consolidation for both: Klarna — which gives customers one-touch payment services, as well as the option to pay immediately, pay in instalments or pay at delivery — is looking to build out a stronger presence across Europe in payments. Specifically, in this case, it’s augmenting an existing business in Germany, where this is Klarna’s third acquisition (it acqui-hired the team behind peer-to-peer payments app Cookies in October 2016; and it acquired Sofort in 2013 for $150 million)."
  • Mobile payments volume in US will triple by 2021: report - Mobile Commerce Daily - "Mobile payments volume in the US is expected to total $112 billion in 2016 and grow at 20 percent compound annual growth rate until it reaches $282 billion by 2021, according to a report from Forrester."
  • Apple accuses Australian banks of Apple Pay transaction fee ‘trojan horse’ - NFC World - "Australian banks are using fees on Apple Pay transactions as a “trojan horse” to discourage the use of its mobile payments service and to condition consumers to accept transaction fees with the “longer term view to setting a precedent for charging for mobile payments on other digital wallets,” Apple claims in its latest submission to the Australian Competition and Consumer Commission (ACCC)."
  • As Bitcoin ETF Nears, Analysts Warn of Trading Frenzy - Wall Street Journal - "As bitcoin ETF nears, analysts warn of trading frenzy - "An easily accessed ETF that tracks the value of bitcoin could cause money to flood into the fledgling bitcoin market, analysts say. Indeed, what some see as a chance for average investors to participate in one of the great financial innovations of recent years could set off a trading frenzy in an already wild market."
  • Mobile 2.0 - Benedict Evans - "Today, ten years after the iPhone launched, I have some of the same sense of early constraints and assumptions being abandoned and new models emerging. If in 2004 we had 'Web 2.0', now there's a lot of 'Mobile 2.0' around. If Web 2.0 said 'lots of people have broadband and modern browsers now', Mobile 2.0 says 'there are a billion people with high-end smartphones now'*. So, what assumptions are being left behind? What do you do differently if you assume not just the touch screen from 2007 but unlimited battery and bandwidth (around half of smartphone use in developed markets is on wifi and mobile networks are 10x faster), high-DPI screens, a CPU and GPU 100x faster than PCs in 1994, and lots of high-quality image sensors? "

ON THE WIRES

  • IHG® Notifies Guests of Payment Card Incident at 12 Properties in the Americas - "Findings show that malware was installed on servers that processed payment cards used at restaurants and bars of 12 IHG managed properties. Cards used at the front desk of these properties were not affected. The malware searched for track data (cardholder name, card number, expiration date, and internal verification code) read from the magnetic stripe of a payment card as it was being routed through the affected server. "
  • Shift4 Announces Unified Commerce Payments for Microsoft Dynamics 365 for Operations - "Shift4 partnered with Microsoft value-added distributor Retail Realm to develop a complete integration with Microsoft Dynamics 365 for Operations. The resulting Unified Commerce Payments extension provides retailers the flexibility to implement a secure, integrated payment solution across their entire enterprise – from storefronts to e-commerce, call center, fulfillment and more. "

GLENBROOK PAYMENTS EDUCATION EVENTS

Our next Glenbrook payments education events are in San Jose, CA, New York, NY, and Atlanta, GA. See our spring schedule here. We hope to see you there!

Bring your colleagues along! Group discounts are available. For more information or to learn about our private workshops conducted at your location, contact Glenbrook's Russ Jones.

UPDATES FROM GLENBROOK

  • Join us at the 2017 FinTech Georgia Symposium February 9! Glenbrook is a proud sponsor of the 2017 FinTech Georgia symposium. Join us for this great event on February 9 in Atlanta. Reach out to Glenbrook's Elizabeth McQuerry, a board member of the Technology Association of Georgia, to schedule a meeting with the Glenbrook partners in town for the symposium.
  • We're hiring! Passionate about payments? Love solving tough client problems? If that describes you, come join us! Click here to learn more!
  • Join our mailing list for updates about Glenbrook events. Follow us on Twitter: @paymentsnews and @paymentsviews

Note: Headline News is compiled by Glenbrook Partners. Throughout the day, as we spot interesting developments, this post is updated. Do you have news to share? Tell us here: gotnews@paymentsnews.com!

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