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NewsBriefs

CNP fraud a clear and present danger, Juniper warns
U.K.-based Juniper Research projects $130 billion in card-
not-present fraud over the next five years, largely driven
by seasonal opportunism and emerging mobile and real-
time payments schemes. Mass migration to new payment
methods without advanced authentication and risk
management protections will lead to catastrophic outcomes,
researchers noted.
Hemp off controlled substances
list, CBD market heating up
Editor's Note: Following are excerpts from news stories recently posted
under Breaking Industry News on our home page. For links to these and Paybotic is now boarding merchants selling CBD products
other full news stories, please visit www.greensheet.com/breakingnews. online and in card-present environments. CBD, a non-
psychoactive compound found in cannabis plants, has
php?flag=previous_breaking_news.
been hailed for its health benefits. CBD can come in various
Overcoming obstacles to mobile payments forms, including tinctures, lotions, infused drinks and
candies, and vape pens. Most CBD products are derived
For mobile payments to succeed, merchants and payment from hemp plants.
companies need to concentrate on incentives. That's a key
takeaway from a report by market research firm Ipsos. Surcharging gains momentum with NY agreement
Separately, a study prepared by Pymnts.com and Bank of
America Merchant Services points to a disconnect between Surcharging and cash discount programs have been
QSR operators and their customers when it comes to mobile in the news in the wake of Visa's October 2018 bulletin
payments. clarifying that most popular cash discount programs
were not compliant with Visa's rules. Now, because of an
Investigators, analysts criticize agreement reached by parties to the Expressions Hair Design
Marriott's handling of data breach v. Schneiderman case, proponents of surcharging took a
step toward dispensing with restrictions prohibiting the
Forensic analysts disclosed that while the number of hotel practice.
records compromised in the Marriott Starwood security
breach was close to 383 million, not the 500 million initially Expect intelligent, automated
reported, 5 million unencrypted passport records may also cyberattacks in 2019, experts warn
have been exposed during the breach. Security analysts
criticized the hotel's handling of the incident, which The Starwood Marriott security breach, which compromised
reportedly was 2018's largest known data compromise. 383 million guest records, represents a new wave of organized
attacks against enterprise infrastructures, security analysts
have stated. In previous
interviews with The Green
Sheet, experts said advanced
forms of authentication, data
devaluation and multilayered
security can protect companies
and individuals against ever-
present threats.
Mastercard drops name
from brand mark

How much weight does a
brand name carry? Apparently
not much ‒ as evidenced by
Mastercard's new, nameless
logo design. In unveiling
its new logo, Mastercard
stated the interlocking red
and yellow circles are more
emblematic of the brand than
its name.

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