A Thing
The Green SheetGreen Sheet

The Green Sheet Online Edition

May 13, 2024 • Issue 24:05:01

Letter from the editor

When it comes to providing payment professionals with a wealth of educational opportunities, partnership and mentorship possibilities, expert panels and presentations, product previews, camaraderie, and inspiration that often leads to innovation, nothing can beat an industry tradeshow. And the Electronic Transactions Association's TRANSACT 2024 was one for the record books.

The conference attracted 3,000 attendees and over 150 exhibitors from across the payments sphere, according to the Electronic Transactions Association, which has hosted the event for 30 years. Combining first-hand observations and insights from industry experts met on the tradeshow floor, this issue's lead article reports on the event, which took place April 16 to 19 at Mandalay Bay in Las Vegas, a location that is familiar to many, because the ETA often hosts the annual show there.

Some of our contributing writers have donated time and expertise to the ETA's annual show and other activities, as well as to the regional acquirer conferences, which feature many of the same activities and resources on a smaller scale. Herein, you'll find key articles exploring the need to combine business basics that have stood the test of time with cutting-edge technology to be most effective in growing a book of business in payments; the fact that while ACH processing can be lucrative and beneficial for many merchant types, it's important to understand how it differs from credit card processing; and timed for Small Business Month, a look at various ways small businesses can secure financing.

You'll also find additional articles from contributors online, along with news stories posted regularly. Recent highlights from news included in this issue include a joint initiative between U.S. and UK policymakers that underscored mounting concerns about the potential risks posed by artificial intelligence, which were echoed by Elon Musk's lawsuit against OpenAI GP LLC; an investigation undertaken by the Consumer Financial Protection Bureau of the growing financial risks and data privacy issues within gaming environments by the Consumer Financial Protection Bureau; criticism and endorsements of the proposed legal settlement between Visa, Mastercard, and a class of merchants, promising to reduce interchange fees and allow payment steering; and Nacha's growing strength in its 50th anniversary year. We've also included product and company profiles, updates on recent industry milestones, and additional resources selected to empower you. To share your industry news, please send a press release to press@greensheet.com; to offer feedback, please email greensheet@greensheet.com. 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.

Prev Next

Current Issue

View Archives
View Flipbook

Table of Contents

Insights and Expertise
Company Profile
New Products
A Thing