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Table of Contents

Lead Story

A political action plan for ISOs


Industry Update

New best practices for data storage

Financial reform bill passes. What now?

Cash-only holiday to protest Durbin Amendment

ETA/Strawhecker report: Reason for optimism


Research Rundown

Top 25 privately held industries for the last 10 years

Selling Prepaid

Prepaid in brief

Evolution Benefits ties prepaid to philanthropy

What's next in gifting technology

Walter Paulsen
Giiv Inc.


Three kinds of consolidation to watch

Brandes Elitch
CrossCheck Inc.


Street SmartsSM:
Is dial dead?

Ken Musante
Eureka Payments LLC

Agent or employee: Which are you?

Adam Atlas
Attorney at Law

Budgeting: A crucial management skill

Vicki M. Daughdrill
Small Business Resources LLC

Best practices for crisis communications

Peggy Bekavac Olson
Strategic Marketing

Putting the cold call in its proper place

Jeffrey Shavitz
Charge Card Systems Inc.

More than PCI

Tim Cranny
Panoptic Security Inc.

Avoid 'always be closing' and other old traps

Jeff Fortney
Clearent LLC

Company Profile

Voltage Security Inc.

New Products

Determine the best interchange for each transaction

Merchant Warehouse

Layered protection for ACH

ProtectPay ACH
ProPay Inc.


Focus on success with self-help CDs



Resource Guide


A Bigger Thing

The Green Sheet Online Edition

August 09, 2010  •  Issue 10:08:01

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Research Rundown

Online shopping levels off

#dch_According to a report published by Research and Reports entitled Online Shopping in the United States 2010, after years of steady growth in the United States, e-commerce finally hit a plateau in 2009 as consumers responded to the recession by curtailing online spending. Electronics, recorded entertainment and toys posted the largest e-commerce gains in 2009. To purchase the report, visit

Spotlight on data security

#dch_A First Data Corp. white paper entitled Where Security Fits in the Payments Processing Chain discusses major vulnerability points within the complex payment processing chain and current methods for preventing data breaches. With 20.2 billion U.S. credit card purchase transactions totaling $1.76 trillion in 2009, card data theft continues to pose an enormous challenge.

The paper details how payment transactions flow through the processing chain, the types of organizations involved, the various states of data and their risks, why security must be improved from consumer to merchant to acquirer, liabilities, and technology solutions that address the areas of greatest vulnerability. To download the paper, visit

Skimming sees resurgence

#dch_A new report by The Members Group entitled A Throw-Back Threat revealed that skimming has made a comeback as an inexpensive fraud method. It involves placing look-alike devices over ATM or gas pump card slots, with optional pinhole cameras for the capture and sale of cardholder data. The TMG report suggests real-time fraud monitoring technologies to help reduce the threat of skimming. To view the report, visit

Consumers react to Durbin Amendment

#dch_In a June survey, The Durbin Debate - Survey Results and Infographic, credit card search website NerdWallet asked consumers how they would respond to additional surcharges for credit card purchases as anticipated with the passage of the financial reform bill (which includes the Durbin Amendment).

According to the survey, 81 percent of respondents said they would be less likely to shop at a store that applies a surcharge to credit card purchases; 57 percent said they would leave the store without making a purchase.

As to what's in their wallets, 70 percent of survey respondents indicated they always or often pay with a credit card for small transactions; 58 percent carry three or more debit and credit cards; 82 percent carry less than $50 in cash at any given time; and 67 percent of respondents with an annual income of at least $100,000 carry less than $50 in cash. To learn more about the survey results, visit

Future of contactless mobile payments recently added Ovum PLC's new report Is Contactless the Key that Unlocks the Potential of Mobile Payments? (Analyst Insight) to its Mobile/Wireless market reports. The report is designed to help readers understand current and future trends in contactless payments, as well as gain insight into potential barriers that may slow adoption of this payment mechanism.

For more information, visit

Corporate market for electronic payments

#dch_Sage North America released findings from Aberdeen Group's recently published third annual payment report, titled Global Payments: Maximizing Cash Flow with Electronic Payments and Process Automation. According to the report, leading companies are employing electronic payments and process automation to streamline and accelerate finance processes, reduce operating costs and provide a foundation for increased profits.

In its survey of 160 global companies, Aberdeen found that businesses adopting electronic payments achieved a 16 percent decrease in accounts receivable and a 14 percent reduction in annual accounts payable costs. Fifty percent of best-in-class companies reportedly integrate electronic payment solutions with accounting, enterprise resource planning or other financial systems. For more information, see

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

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Spotlight Innovators:

North American Bancard | Simpay | USAePay | Impact Paysystems | Board Studios