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The Green SheetGreen Sheet

The Green Sheet Online Edition

May 27, 2019 • Issue 19:05:02

News Briefs

Editor's Note: Following are excerpts from news stories recently posted under Breaking Industry News on our home page. For links to these and other full news stories, please visit www.greensheet.com/breakingnews.php.

The Green Sheet News Briefs

Former Heartland CEO settles with SEC <- click to read full story

Veteran payments trailblazer Robert O. Carr led Heartland Payment Systems from an upstart to a $4 billion acquisition by Global Payments Inc. in 2016. A year later, Carr started card processing company Beyond and committed to donating all his earnings from that company to charity. But last year, the Securities and Exchange Commission accused Carr of insider trading, and Carr recently agreed to pay just over $250,000 in civil penalties to settle the case without admitting or denying the SEC's allegations.

Broker Fair 2019 gains new followers, energizes base <- click to read full story

Funders, lenders, legal analysts and service providers gathered at New York City's Roosevelt Hotel for the second annual Broker Fair. Approximately 800 attendees cheered when Broker Fair founder and deBanked president and chief editor Sean Murray opened the conference. Noting that the1987 movie Wall Street had been taped in the same ballroom, Murray recalled Gordon Gekko's "greed is good" statement and said it's no longer greed, but aligned interests that are good.

Phishing likely behind 2018 Amazon hack <- click to read full story

Legal documents filed by Amazon in November 2018 and now publicly available describe a fraud campaign that targeted Amazon's Seller Central from May through October 2018, when criminals hacked the bank accounts of approximately 100 merchants selling on Amazon. The extent of damages and identity of fraudsters are unknown. Amazon asked a London court for permission to search statements at two financial institutions where the hackers are believed to have transferred funds: Barclays Plc and Prepay Technologies Ltd.

Education a centerpiece for ETA <- click to read full story

The Electronic Transactions Association's emphasis on education is evident throughout its diverse initiatives and programs ‒ from certification of payments professionals to webinars on emerging industry issues to meetings with members of Congress organized to explain aspects of payments that would otherwise elude them, and more. The organization's ongoing commitment to education was on display recently at Transact 19. The annual conference's multithreaded agenda provided multiple opportunities for interactive learning.

Small, midsize merchants compete in First Data's CloverAchievers <- click to read full story

First Data Corp. and its Clover platform division recently launched CloverAchievers, a program designed to award up to $100,000 in cash, prizes and business grants to qualifying small and midsize merchants. Applicants must be based in the United States and have 1,500 or fewer employees, Clover representatives stated. Winners will receive a combination of a cash grant, a Clover technology makeover and donations made in their names to charitable organizations. end of article

The Green Sheet Inc. is now a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals. Click here for more information.

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

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