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Breaking News articles for February 2021

CardX adds Kansas to growing roster of surcharge-friendly states

Friday, February 26, 2021

CardX, a technology solutions provider specializing in credit card surcharging, scored a legal victory on Feb. 25, 2021 in the U.S. District Court, making Kansas the 47th state to officially recognize the CardX surcharging model. Jonathan Razi, chief executive officer at CardX, called the resolution of CardX LLC v. Derek Schmidt, a defining moment for the payments industry.

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COVID-19 claims fun-loving William W. Paul

Tuesday, February 23, 2021

Colleagues, friends and family are mourning the loss of payments industry executive William W. Paul, founder and CEO of William W. Paul Enterprises, dba: Merchants' TPS. A longtime resident of Coral Springs, Fla., Paul was born June 23, 1946, in Philadelphia, Pa., and passed away Feb. 17, 2021, due to complications of COVID-19, according to sources.

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GS interviews Oracle's Rose Spicer

Friday, February 19, 2021

In an interview with The Green Sheet, Rose Spicer, head of global retail marketing for Oracle, discussed findings from the company's recent study, Anatomy of Change: Understanding Consumer Behavior in the New Next 2020.

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NEAA cancels 36th annual conference

Tuesday, February 16, 2021

The Northeast Acquirers Association disclosed that it will not host its annual conference in Philadelphia from April 6 to 8, 2021, as originally planned. NEAA board members cited health and safety concerns due to the ongoing pandemic as key considerations.

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Talk of Her Town celebrates fintech leaders

Friday, February 12, 2021

NYC Fintech Women launched Talk of Her Town on Feb.9, 2021, a globe-spanning podcast series that celebrates women in fintech. Moderated by Nicole Newlin, vice president of solutions at Ocrolus and board member and events chair at NYC Fintech Women, the series highlights the personal journeys of individual members who are reshaping financial services and commerce.

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FIDO Alliance explores U.S. IDV strategy

Wednesday, February 10, 2021

Experts from government and private sectors convened virtually on Feb. 4 and 5, 2021, to discuss advances in identity verification technologies and strategy. Hosted by the FIDO Alliance, Better Identity Coalition and ID Theft Resource Center, the event drew participants from the Biden administration, U.S. Department of Treasury, Small Business Administration and technology providers.

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Fraudsters lie low, ready to pounce again

Tuesday, February 9, 2021

New research reveals that instances of synthetic fraud and outstanding credit balances on suspected synthetic accounts at U.S. financial institutions have fallen significantly since COVID-19 was declared a pandemic last March. The bad news, however, is that the cost of synthetic fraud could rebound to reach new highs post pandemic.

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Shift4 offer is out of this world

Monday, February 8, 2021

Playing in the Super Bowl is the pinnacle of success in football. The event, broadcast yesterday, also has become a platform for advertisers to showcase new products and ad campaigns. And this year, one of the ads featured an out-of-this-world offer from Shift4 Payments: a chance to win a seat on the first all-civilian mission to space.

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U.S. processor survey finds merchants underwhelmed

Friday, February 5, 2021

The J.D. Power 2021 U.S. Merchant Services Satisfaction Study, released Feb. 4, 2021, found payment processors could do more to meet the needs of merchant customers. Findings were based on 3,253 small business customers of merchant services providers surveyed between September and November 2020. They rated their processors according to 12 key performance indicators.

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GS interviews Paysafe's Scot McClintic on Super Bowl 55, iGaming

Wednesday, February 3, 2021

In advance of Super Bowl 55, Scot McClintic, senior vice president of iGaming Product & Strategy at Paysafe Group, discussed online betting trends in an interview with The Green Sheet, highlighting how payments industry stakeholders can further support this sector's growth.

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SolarWinds hack left many vulnerable

Monday, February 1, 2021

Combatting data breaches is a lot like playing a game of whack a mole. As companies get smarter and implement new, stronger measures to protect against hacks, the hackers, too, get smarter and craftier, targeting cloud-based and managed service providers to snag even more data and more victims.

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