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InsideGS
Cover Story Features
CFPB, prepaid companies both dealt blows...........................1 Update – Apple Pay in-browser
By Patti Murphy launched on September 13th..................................................... 28
A reprint from First Annapolis Consulting, M&A Advisory Services.
Changes from the CFPB to federal regulations addressing prepaid
cards will take effect in October 2017. Meanwhile the constitutional- Get ready for biometric payments........................................... 30
ity of the CFPB's structure has come into question. Adoption of biometric payment methods has been slow. But use of
biometric devices is rising, and experts predict widespread adop-
News tion of biometric payments will soon follow.
One year in, reviews mixed for EMV in U.S......................10 Company Profile
Payments industry stakeholders met the one-year anniversary of BillPro Pty. Ltd.:
chip card implementation in the United States with a mixture of Gateway to global ecommerce.................................................. 31
celebratory messages and class action lawsuits.
Education
CFPB issues rules for reloadable
prepaid debit cards......................................................................... 12 Street SmartsSM
The CFPB adopted tough new rules set to take hold in October Industry vets round table wrap-up.......................................... 38
2017. They apply federal consumer protections to prepaid debit
cards, mobile wallets, P2P payments and more. By John Tucker, 1st Capital Loans LLC
World Payments Report 2016 released................................. 13 In this article, members of GS Online's MLS Forum discuss the role
Capgemini and BNP Paribas published the World Payments Report of feature-rich POS technology in the success of merchant level
2016. The comprehensive global payments study found continued salespeople now and in the future.
growth in noncash and electronic payment transactions.
GDPR's right to be forgotten impacts all business........... 42
3DS 2.0 adds tools, expands framework............................... 14 By Lori Schrameck and Celine Rodriguez, CSR Professional Services Inc.
Global cybersecurity experts welcomed the news that an updated To push European data protection into the future of digital data
version of EMV 3-D Secure will be available in time for retail's year- handling, the EU approved the GDPR, which includes Article 17, the
end holiday season. Right to Erasure also known as the Right to be Forgotten.
Industry Update................................................................................ 16
Happy first birthday EMV:
Views the safe, the slow and the numbers.................................45
The very point of sale: By Evi Triantafyllides, PAAY
Reboot your payments outlook................................................ 22 One year in, payment pros and merchants wonder: How effective
has EMV been? What were the consequences? Are we now EMV
By Dale S. Laszig, DSL Direct LLC ready? Looking back, what did this readiness bring about?
As countertop terminals approach the end of their useful lives, MLSs
are using new tools to help merchants solve problems. Machines New Products
have adapted to the networked world, but have we?
50-state MSB status in 30 seconds........................................... 48
Myths in winemaking terroir, ACH payments..................... 24
By Brandes Elitch, CrossCheck Inc. Digital commerce suite for ISVs, developers....................... 49
The idea of terroir — that plants arise from eating the right kind of Inspiration
soil — is a marketing invention; so is the notion that ACH payments Take another look at direct mail............................................... 51
are cheaper, faster and easier than check payments.
Departments
Features Letter From the Editors.....................................................................5
Readers Speak.......................................................................................8
The Mobile Buzz: DateBook.............................................................................................. 47
Wearables not yet must-have multipurpose tools........... 26 Calendar of Events........................................................................... 50
Resource Guide.................................................................................. 52
Fitness-tracking wearable devices are now popular, yet payments Advertiser Index................................................................................ 62
using such devices lag. However, forecasters predict convenience
will lure people to smartwatch payments.
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