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IndustryUpdate

at the state of the nation's faster payments landscape. It chant services division, Worldpay from FIS1, to provide
examines the real-world implications for organizations services that will help reduce payment security risk for
attempting to adopt new platforms while relying on payment facilitators (payfacs) the company serves. For
outdated back-office legacy systems. its payfac clients, FIS will employ ControlScan's platform
to assist them on the path to Payment Card Industry
Consumers prefer local for last-minute shopping Data Security Standard compliance. ControlScan's plat-
form simplifies the complexity and increased scope of
Womply, a CRM and marketing software company compliance inherent in the payfac business model, the
serving SMBs, published its second annual State of Local partners stated.
Retail report, a comprehensive look at consumer spend-
ing patterns every day of the year at small, independent Digital River, WordPress partner on commerce
retail stores in all 50 states and the District of Columbia.
This year's research found that consumers prefer local Digital River, a global ecommerce enabler for established
retail for last-minute shopping. The report also shows a and fast-growing brands, disclosed it made its plugin
range of patterns in consumer spending at local retailers, available for the online publishing platform WordPress.
including how sales trend during the days of the week, This integration allows brands the flexibly to maintain
months of the year, and on major holidays, Womply control over the front-end user experience while taking
noted. advantage of Digital River's best-in-class ecommerce
capabilities designed to accelerate global expansion and
PARTNERSHIPS protect businesses from the risks of selling online, the
partners said.
ControlScan, FIS to streamline payfac compliance Plaid becomes NACHA Preferred Partner

ControlScan, a managed security and compliance solu- Fintech platform Plaid is now a NACHA Preferred
tions provider, reported that it was selected by FIS' mer- Partner for Account Validation. Plaid joins a select group
of innovators contributing to NACHA's
strategic efforts in support of the payments
ecosystem by removing friction, increasing
emsagent.com ease, improving cash flow accessibility and
efficiency, and supporting sound risk man-
agement and security for ACH payments,
NACHA stated.

Cryptocurrency PrimeXBT, Bitfury's Crystal
partner on AML compliance

Accept payments of the future today. PrimeXBT, a bitcoin-based margin trading
platform, said it will be using Bitfury Group's
blockchain analytics and crypto compliance
Cryptocurrency Processing with EMS allows a software, Crystal, for advanced anti-mon-
customer to pay in crypto, while we fund the ey laundering/counter-terrorism financing
merchant in dollars. We process the funds quickly monitoring and increased client security.
and securely, so merchants never have to worry PrimeXBT noted it is dedicated to offering its
about how to handle crypto payments. clients the best features across any financial
market.
Trust Electronic Merchant Systems to help you
stand out from the competition. Western Union, TRUE North
simplify tuition payments
Western Union, a leader in cross-border,
cross-currency money movement and pay-
ments, heralded its collaboration with TRUE
North, a multi-user, web-based system to
866.272.5247 manage the information tracking, reporting
and collaborative needs of international edu-
cation programs.

The collaboration will enable students to pay
tuition and expenses using a simplified pay-
ment process, helping funds to arrive on time
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