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IndustryUpdate

ANNOUNCEMENTS Security (TLS) migration deadlines that have passed. No
new requirements are added in PCI DSS v3.2.1. PCI DSS
v3.2 will remain valid through Dec. 31, 2018.
BlueSnap honored at CNP Awards
SecureKey explores new digital ID networks
BlueSnap Inc., an online payments technology com-
pany, reported its All-in-one Payment Platform was SecureKey Technologies Inc., the developer of Verified.
named the Best E-Commerce Platform/Gateway at the Me – a blockchain-based digital identity network
2018 Card Not Present (CNP) Expo. The company said built upon Hyperledger Fabric – stated it will explore
it now holds eight CNP Awards, including multiple interoperability between Verified.Me and Hyperledger
wins for Best Alternative Payment Solution and Best Indy-based identity projects. SecureKey is joining the
Subscription/Recurring Billing Solution, but this is the Decentralized Identity Foundation to advance stan-
first time BlueSnap has been recognized for its innova- dards-based initiatives for decentralized digital identity
tive ecommerce platform and gateway. ecosystems.

EPA asks OBIE to amend framework Worldpay sponsors Retail Realm conference
The Emerging Payments Association wrote to the Open Worldpay signed on as an official sponsor of the Retail
Banking Implementation Entity calling for it to amend Realm Partner & User Conference slated for Aug. 20 to
terms of the Competition and Markets Authority's 22, 2018 in Las Vegas. Worldpay will sponsor the event's
framework so that emerging payments organizations Payment Technology Panels, Exhibitor Social, and the
can realize the potential of open banking. The EPA's Retail Management Hero Advisory Forum. Worldpay
open letter shared members' concerns about the barri- has long been a sponsor of the annual retail technol-
ers that could inhibit fintechs from engaging with Open ogy conference, now in its eighth year and designed
Banking. The EPA described some of the nine banks to give attendees an insider's look at all the providers,
covered by the framework as striving to meet the letter, platforms, developments and integrations around POS
rather than the spirit, of open banking. and enterprise resource planning solutions in the retail
industry.
Flywire adds international invoicing
Flywire, a provider of global payment and receivables RESEARCH
solutions, introduced a new international invoicing ser-
vice designed to dramatically streamline the billing pro- Barclaycard finds retailers lag on website tech
cess for companies serving customers outside of their
home country. The new solution, available globally, and Barclaycard research revealed that 72 percent of retail-
free of charge, targets a variety of verticals including ers haven't introduced any new payment technology to
technology, manufacturing, travel, media, publishing, their websites during the last two years despite consum-
import/export, professional services, education and er demand for a quick and convenient checkout process.
healthcare, Flywire said. "While 86 percent of retailers say they are looking to
increase online transactions over the next 12 months,
Mastercard introduces connected the study suggests that many aren't providing the best
fleet-car payments possible ecommerce experience for their customers,"
Barclaycard stated, adding that 15 percent of shoppers
Mastercard unveiled a new service to automatically have chosen to abort an online purchase because they
integrate fuel and maintenance data from a connected couldn't pay using methods such as "one-click" order-
car's dashboard into the payment process. The service ing.
is designed to streamline the process, providing fleet
managers greater transparency and control. U.S. Bank BRP finds cross-channel order tracking important
will be the first to pilot the new features. With the new
service, "fleet vehicles that roll into a gas station will The BRP Consulting 2018 Customer Experience/Unified
automatically register vehicle data including location, Commerce Survey revealed 73 percent of customers want
odometer and fuel gauge readings when they arrive at cross-channel order tracking. "While most consumers
the pump," Mastercard noted. expect the ability to shop seamlessly across channels,
only 7 percent of retailers currently provide a complete
PCI SSC publishes PCI DSS v3.2.1 unified commerce experience by allowing a customer to
'start the sale anywhere, finish the sale anywhere,' with
The PCI Security Standards Council (PCI SSC) pub- another 50 percent planning to implement it in three
lished a minor revision to the Payment Card Industry years," said Perry Kramer, Senior Vice President and
Data Security Standard (PCI DSS). PCI DSS version Practice Lead at BRP.
3.2.1 replaces version 3.2 to account for effective dates
and Secure Sockets Layer (SSL)/early Transport Layer

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