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Table of Contents

Lead Story

What it takes to thrive in payments today – Part 1

News

Industry Update

News Briefs

Trade Association News: ETA's Transact 18: not the same-old, same-old

Views

From Sisyphus to excellence in certifications

Naganand Jagadeesh
ThoughtFocus

Gauging gains in ACH, faster payments

Patti Murphy
ProScribes Inc,

Education

Street SmartsSM:
Springtime– a time to get energized

Steven Feldshuh
Merchants' Choice Payment Solutions East

Mobile operators can add value with prepaid

Brion Bonkowski
Tern Commerce

What same-day funding options should you offer?

Dee Karawadra
Impact PaySystem LLC

Company Profile

Merchant e-Solutions Inc.

New Products

White-label app marketplace for merchants, platforms, brands

AEVI Marketplace
AEVI International GmbH

Payments' new, API-driven marketplace

Inspiration

If you can pitch to one, you can pitch to a group

Features

ISOMetrics:
Global cyber threat landscape changing

Departments

Letter from the editors

Readers Speak: How will the GDPR affect my business?

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

May 14, 2018  •  Issue 18:05:01

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Readers Speak: How will the GDPR affect my business?

I've heard the European Union's General Data Protection Regulation is going into effect soon, and I'm wondering how it's going to impact the payments industry here in the United States in general, and my business in particular. I know the big players have had to prepare for this. I expect the major acquirers and the ones who specialize in cross-border payments and such are on top of this. But I don't do any international business right now – although I might at some point. What do I need to know? Do you have any information or articles on this?

Jamie Drake, Payment Professional

You are correct. The GDPR, a new European Union privacy and protection regime, is going into effect on May 25, 2018. The last news story we published on this reported on study results that indicated most companies may not be ready by the time the new regulations go into effect. Titled "Prep sluggish for GDPR deadline, study finds," the article can be found at www.greensheet.com/breakingnews.php?flag=breaking_news&id=1869.

Industry experts from CSR Professional Services also collaborated on two articles for our Education section that delve into the ramifications of the GDPR, as follows:

Given that the GDPR has implications beyond European Union states and that it is going into effect shortly, we will also publish news in the coming weeks on this major effort to protect personally identifiable information in our digital age.

Have your say

Is there an industry trend you'd like to comment on? How about a new development that most people don't know about yet? Or a new business model or product or service that really excites you? Tell us about it via email to greensheet@greensheet.com. We look forward to hearing from you.

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