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IndustryUpdate

Federal Reserve picks FedNow pilot participants

The Federal Reserve Banks listed more than 110 organi-
zations participating in the pilot program for the upcom-
ing instant payments offering, the FedNow Service. The
program will support development, testing and adop-
tion of the FedNow Service, as well as encourage devel-
opment of services and use cases that leverage FedNow
functionality, the Fed stated. A key objective in selecting
pilot participants was to ensure diverse representation
across financial institutions and service providers, con-
nection types, settlement arrangements and experience
ANNOUNCEMENTS levels. To view the list of participating organizations,
visit https:// FRBservices.org.

Electronic Payments offers free POS bundles KnowBe4, #GirlsClub offer leadership scholarships
Payments and POS provider Electronic Payments rein- KnowBe4, provider of security awareness training
forced its commitment to supporting merchants by and a simulated phishing platform, is partnering with
providing free Exatouch POS bundles. For merchants #GirlsClub to provide a scholarship for the club's sales
who are struggling in the current climate, a no-cost point leadership training program, which is designed to sup-
of sale can eliminate a steep monthly expense while port the next generation of female sales leaders while
offering valuable, business-building insights, the com- also influencing current leaders. The #GirlsClub sales
pany stated, adding that the information gleaned from leadership training program is a six-month development
Exatouch enables merchants to make more informed program for women designed to help attendees learn
decisions that save time and money, and make their management skills, confidence building, mentoring by
businesses more viable. female and male sales leaders, as well as foster a com-
munity of peers and role models. For 2021, the partners
awarded its inaugural scholarship to Cassidy Coates,
SELLING YOUR RESIDUALS? relationship advocate at Vibable.
SEON, Anonymous X fraudster launch video series

HIGHEST MULTIPLES SEON, the fraud fighters, launched a video miniseries
aimed at educating merchants and financial institutions
QUICK CLOSING on the latest ways fraudsters are breaking through secu-
rity systems. To do this, SEON worked with a prolific
LARGEST BUYER NETWORK active hacker, known as "Anonymous X," who will talk
viewers through the various techniques hackers use.
Hosted by Jimmy Fong, SEON's chief commercial offi-
At Portfolio Buyer, our qualified buyer network purchases of all cer, the series will explore the methods fraudsters use
or part of merchant portfolios, residual streams, and enterprise to steal an individual's data and commit fraud, while
sales of any size. Our objective is to provide you with remaining entirely undetected by websites' security
personalized, professional service. We will evaluate your systems. Topics will range from device fingerprinting
situation, analyze your business, and match you with a buyer in and IP analysis, to email and phone analysis, and how
situation, anal
our network that best meets your business needs and financial
goals. We will then negotiate the highest payments industry website users' identification can be stolen or purchased.
sale price possible. There are no upfront costs for our services.
We are only paid when we are successful in striking the best Toolbox Payment launches Toolbox Talks podcast
deal for you.
ToolBox Payment, a mobile app designed for home
service contractors and tradespeople, launched ToolBox
www.PortfolioBuyer.com Talks, a bi-monthly podcast in which Jeff Shavitz,
ToolBox CEO and founder, interviews thought leaders
or about current trends, technology innovations and issues

Call 212-631-8110 surrounding COVID-19 within the home service indus-
tries. Recent interviews include Matt Ehrlichman (CEO
and founder of Porch), Emily Howard (editor-in-chief
Portfolio BUYER Barker (CEO of American Society of Home Inspectors).
of American Painting Contractor magazine) and Bruce
All episodes are available from Anchor, Spotify and
Apple podcasts.

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