Page 12 - GS190401
P. 12

IndustryUpdate








                                                                What's new on Merchant Sales Podcast?

                                                                With our first April issue of 2019, we bring you two
                                                                engaging, informative podcasts. All episodes are
                                                                moderated by Patti Murphy and James Shepherd of
                                                                The Green Sheet Inc. and CC Sales Pro, respectively:
                                                                   •  Podcast 33: Industry veteran and Paysafe
                                                                     President OB Rawls explains how selling solu-
                                                                      tions that enable merchants to grow helps
                                                                      ISOs and MLSs grow their businesses. Also
                                                                      discussed are balancing merchant demands
                                                                      for less friction and greater security and what
                                                                      to do when you can't say yes to a merchant.
                                                                   •  Podcast 34: Steve Eazell, senior vice president
                                                                      for partner sales at PayVida discusses crypto-
                                                                      currencies. Also explored are cash discounting
                                                                      and how to fend off phishing attacks.
                                                                For these and all prior episodes, visit www.green-
                                                                sheet.com/podcasts, iTunes, Stitcher or Spotify.




        ANNOUNCEMENTS                                             PaymentsSource names most
                                                                  influential women in payments
          ACH daily volume hits 100 million payments              SourceMedia's  PaymentsSource heralded the 25 Most
                                                                  Influential Women in Payments for 2019.  All were
          The  ACH Network set a record in February: volume       chosen for their ability to guide complex organizations
          exceeded 100 million automated clearing house (ACH)     through uncertain times while creating an environment
          payments per banking day, an increase of 7.2 percent    that welcomes new talent. Honorees will be recog-
          over February 2018. February's total network volume     nized in a ceremony at the annual Card Forum event
          exceeded 1.9 billion payments.
                                                                  on May 21 in New Orleans. The full list is available at
          Bank of the West migrates to FIS                        www.paymentssource.com/list/the-most-influential-women-
                                                                  in-payments-2019.
          FIS a provider of financial services and payment tech-
          nology, reported that Bank of the West moved to a host-  Bitmo gains $3 million seed funding investment
          ed FIS core banking platform. This is expected to help   Mobile gifting and payment platform Bitmo stated
          the bank meet the future needs of its customers with    it raised over $3 million in new seed round capital.
          the stability and recoverability of a secure, cloud-based   The  Bitmo  mobile  platform  enables  consumers  to gift
          environment.  "As  the  banking  environment continues   directly from their mobile wallets. Bitmo also enables
          to grow more competitive, the tools and services that   users to split and even exchange card value from one
          meet the changing needs of our customers are critical,"   store to another for free, the company said, adding that
          said Jacob Sorensen, executive vice president and chief   it eliminates the need for physical gift cards and creates
          information officer at Bank of the West.                a community among users.

          Jack Henry launches JHA PayCenter
                                                                 RESEARCH
          Jack Henry & Associates Inc. said it is in active onboard-
          ing with the Zelle Network to launch JHA PayCenter, a
          proprietary payments hub that provides financial insti-  Retailers gain by offering shared
          tutions with a single integration point to faster payment   cart across channels
          networks, including Zelle and the RTP network from
          The Clearing House. "JHA PayCenter centralizes and      According to BRP's  Real-Time Retail  report,  customers
          streamlines how financial institutions send and receive   want access to a single cart to shop across channels
          real-time payments," the company stated.                and be able to reach their carts via phone, computer
                                                                  or in store. They want to "start anywhere and finish
                                                                  anywhere," BRP stated. Fifty-six percent of respon-
        12
   7   8   9   10   11   12   13   14   15   16   17