GS Logo
The Green Sheet, Inc

Please Log in

Banner Ad
View Archives

View flipbook of this issue

Care to Share?


Table of Contents

Lead Story

2014: A promising year in payments – Part 2

News

Industry Update

XP end times not an issue for ATM ISOs

California EBT fee issue highlights ISO opportunity

Square makes bitcoin play

Equinox opens new chapter

Power to payments

Features

MasterCard: M-payments tipping point has arrived

ISOMetrics:
Mapping mobile, PC and tablet frontiers

Views

Springtime in Wine Country – and merchant services

Brandes Elitch
CrossCheck Inc.

Is same-day ACH in the cards?

Patti Murphy
ProScribes Inc.

Education

Street SmartsSM:
A Square peg in a round industry - part 1

Tom Waters and Ben Abel
Bank Associates Merchant Services

How to compose an employee handbook

Vicki M. Daughdrill
Small Business Resources LLC

A data security solution primer

Cynthia Bailey
The Idea People

App licensing for ISOs

Adam Atlas
Attorney at Law

Company Profile

Impact PaySystem

New Products

Free tablet program for SMBs

Mobility for contractors, service pros

Protection for online merchants

Inspiration

Observations from the payments Ferris wheel

Departments

Readers Speak

Resource Guide

Datebook

Skyscraper Ad

The Green Sheet Online Edition

April 28, 2014  •  Issue 14:04:02

previous next

Trade Association News
Power to payments

As momentous shifts take place in the payments industry, Transact 14: Powered by ETA, held April 8 to 10 at the Mandalay Bay Resort and Casino in Las Vegas, offered knowledge and opportunity in a variety of venues, both formal and informal.

The event began, as it does every year, with a golf tournament at the Concord Course at the Revere Golf Club in nearby Henderson, Nev. The tournament was sponsored by data security firm SecurityMetrics. Then educational sessions commenced on topics that ISOs and merchant level salespeople could benefit from, including Main Street realities and the future of the aggregation business model.

Other topics discussed on Tuesday included talks on big data, what the U.S. payments market can learn from Europay/MasterCard/Visa chip card implementation in Canada, and the blurring of the lines between once separate retail channels into the omnichannel user experience.

Day two

Wednesday kicked off with keynote addresses by industry stalwarts Bill Sheedy, Executive Vice President, Corporate Strategy, M&A, Government Relations and Europe, Visa Inc.; Ariel Bardin, Vice President of Product Management, Payments at Google Inc.; and Paul Galant, Chief Executive Officer at VeriFone Inc Circulating throughout the venues was the ETA's new infographic, crafted by The Strawhecker Group. The colorful graphic, titled The Top 10 Ways Acquirers Can … Block The Breach, outlines the frequency, cost and preventability of breaches, and how the ETA's best practice guidelines can minimize security risk. The infographic is well worth a look and can be accessed at www.electran.org/events/transact14/wp-content/uploads/ETA-TSG-DataBreachInfographic.pd.

Wednesday also saw the opening of the exhibit hall. Big booths dominated the tradeshow floor. Many exhibitors rented suites in the sprawling Mandalay Bay complex in order to give one-on-one demonstrations of the latest-and-greatest in payment wizardry.

First Data Corp. imposed its sizable footprint by launching First Data Small Business Solutions at the event. The SMB solution is designed around First Data's sleek new POS system, Clover Station. Printer manufacturer Epson America Inc. showcased its new Mobilink receipt printers designed specifically for use with mobile POS devices, products and services.

Also, at the Payments Next Zone competition, the ETA rewarded Social Trade Organization with the E-Pay Innovation award that came with $50,000 from the Bill & Melinda Gates Foundation. Africa-based collaborative commerce platform operator moWoza was the runner-up, and took home $20,000 for its mobile supply-chain solution for small and micro-businesses in emerging markets.

Day three

On Thursday, the show was bookended by roundtable discussions, featuring executives from top acquirers in the morning and top processors in the late afternoon. The show closed with a party at the Mandalay Bay's popular Shark Reef Aquarium attraction, where event attendees could schmooze with a Komodo Dragon, as well as various wonders of the sea.

During the show, The Green Sheet conducted over a dozen interviews of payment professionals from some of the most well-known businesses in the industry. The interviews and accompanying photos make up a three-part series, titled Voices of Transact 14, and are posted online under Breaking Industry News.

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

previous next

Spotlight Innovators:

North American Bancard | Harbortouch | USAePay | IRISCRM.COM | Humboldt Merchant Services