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The Green SheetGreen Sheet

The Green Sheet Online Edition

March 28, 2016 • Issue 16:03:02

Letter from the Editors

On the verge of 2016's second quarter, one of the many factors affecting the payments industry is a move toward real-time payments for U.S. consumers and businesses. The Clearing House, Early Warning Services LLC, MasterCard Worldwide and NACHA ‒ The Electronic Payments Association are just some of the entities contemplating or already taking steps to make faster payments in the United States a reality. This issue's lead article talks about who's doing what in this arena and what the consequences for our industry are likely to be.

Also at this time, many payment pros are gearing up for the Electronic Transactions Association's annual meeting, Transact 16, taking place April 19 to 21 in Las Vegas. And representatives of The Green Sheet are looking forward to touching base with our readers, supporters and new friends at the show, which is always educational and energizing.

When this issue is published, we'll be at the tail end of tax season. One of our features offers tips on how to limit tax liability and make next year's tax filing go smoothly. Other features include perspectives from our advisory board on what developments in payments they will capitalize on to take their businesses to the next level; an infographic on acquirer earnings comparing the fourth quarter of 2015 with the prior year's results; and a look at the new kind of mindset required to sell merchant services in today's digital age.

Industry experts have contributed articles on merchant types considered to be high risk and how to help them limit chargebacks; choosing the path of entrepreneurship; how to decrease chances of a bad outcome when a processor is working in bad faith or going out of business; and the high incidence of chargebacks some merchant sectors endure when certain customers fail to follow through on New Year's resolutions.

The main news section contains stories on a class action lawsuit filed on behalf of merchants challenging the EMV liability shift, actions being taken to reduce card-not-present fraud, a fine imposed on Dwolla Inc. for data security lapses, and the high cost of omnichannel retailing. We've also included numerous news briefs on payment company milestones. Additional news stories can be found at www.greensheet.com.

What's happening in your sphere as we swing in to the year's second quarter? Please send you press releases to press@greensheet.com, and share your perspectives with us at On the verge of 2016's second quarter, one of the many factors affecting the payments industry is a move toward real-time payments for U.S. consumers and businesses. The Clearing House, Early Warning Services LLC, MasterCard Worldwide and NACHA ‒ The Electronic Payments Association are just some of the entities contemplating or already taking steps to make faster payments in the United States a reality. This issue's lead article talks about who's doing what in this arena and what the consequences for our industry are likely to be.

Also at this time, many payment pros are gearing up for the Electronic Transactions Association's annual meeting, Transact 16, taking place April 19 to 21 in Las Vegas. And representatives of The Green Sheet are looking forward to touching base with our readers, supporters and new friends at the show, which is always educational and energizing.

When this issue is published, we'll be at the tail end of tax season. One of our features offers tips on how to limit tax liability and make next year's tax filing go smoothly. Other features include perspectives from our advisory board on what developments in payments they will capitalize on to take their businesses to the next level; an infographic on acquirer earnings comparing the fourth quarter of 2015 with the prior year's results; and a look at the new kind of mindset required to sell merchant services in today's digital age.

Industry experts have contributed articles on merchant types considered to be high risk and how to help them limit chargebacks; choosing the path of entrepreneurship; how to decrease chances of a bad outcome when a processor is working in bad faith or going out of business; and the high incidence of chargebacks some merchant sectors endure when certain customers fail to follow through on New Year's resolutions.

The main news section contains stories on a class action lawsuit filed on behalf of merchants challenging the EMV liability shift, actions being taken to reduce card-not-present fraud, a fine imposed on Dwolla Inc. for data security lapses, and the high cost of omnichannel retailing. We've also included numerous news briefs on payment company milestones. Additional news stories can be found at www.greensheet.com.

What's happening in your sphere as we swing in to the year's second quarter? Please send you press releases to press@greensheet.com, and share your perspectives with us at greensheet@greensheet.com. end of article

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