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IndustryUpdate





                    ANNOUNCEMENTS                                 ing small firms enterprise-level marketing capabilities.
                                                                  Customers report significant efficiency and tangible
                                                                  results. Constellation Research evaluates products annu-
                    Mike Byington to retire from BlueStar         ally based on client input, vendor references, market
         BlueStar Vice President of Business Development Mike     share and the unique needs of SMBs.
         Byington will retire Dec. 31, 2025, after more than 30   TipMee.app offers fast, cashless rewards
         years of service. Joining as the company's fourth employ-
         ee in the 1990s, Byington helped shape BlueStar's culture   TipMee.app launched as a digital tipping and rec-
         of authentic relationship building and relentless innova-  ognition  platform  for  hospitality,  retail  and  service
         tion. Rising from inside sales to executive leadership, he   industries, offering a fast, cashless way to reward staff.
         spearheaded critical growth initiatives, most notably the   Customers can tip instantly via QR codes, NFC, or facial
         ISV  Partnership Program, which  transformed  engage-    recognition, with funds directed to the right employee
         ment with independent software vendors. His strategic    or team. Beyond tipping, TipMee provides managers
         vision fostered enduring supplier and customer partner-  with  real-time analytics  dashboards  to  track  service
         ships and expanded market reach. A mentor to many,       quality, highlight top performers, and identify areas for
         Byington's influence remains embedded in BlueStar's      improvement. The platform aims to boost motivation,
         DNA, leaving a legacy of leadership, innovation and      reduce turnover, and enhance customer experiences.
         community, the company stated.                           Available across Europe, the U.S., and  Asia, TipMee
                                                                  integrates seamlessly into operations, creating a culture
         PayNearMe enters Dallas market                           of fairness, transparency and appreciation.

         Fintech PayNearMe opened a Dallas office at The
         Aberdeen business district, stating it chose the location   RESEARCH
         for its proximity to key clients in automotive and per-
         sonal lending, as well as the city's dynamic business and   Positive dispute results lead to more disputes
         tech community. The office strengthens client relation-
         ships, fosters innovation and enhances in-person collab-  Chargebacks911's 2025 Cardholder Dispute Index
         oration, while PayNearMe remains a remote-first orga-    revealed a paradox in consumer behavior: positive dis-
         nization with existing offices in Santa Clara, Calif., and   pute experiences with banks drive higher dispute vol-
         Holmdel, N.J. The company said its platform supports     umes. Surveying over 1,200 U.S. and U.K. cardholders,
         all  major payment  methods, including  digital  wallets,   the report found 87 percent were satisfied with dispute
         cards, ACH and cash via 62,000 retail locations, serving   resolution, and 88 percent said success made them more
         thousands of businesses across multiple industries.      likely to dispute again. Dubbed the "convenience para-
                                                                  dox" by Chargebacks911 CEO Monica Eaton, this trend
         PCI SSC forms new Regional Engagement Board              benefits banks but fuels friendly fraud, with 76 percent

         The PCI Security Standards Council launched its first    preferring  bank  resolution  and  nearly  half  bypassing
         Regional Engagement Board (REB) in India and South       merchants entirely. Researchers urged merchants to pri-
         Asia, appointing 27 leading organizations across bank-   oritize prevention by clarifying billing, easing refunds
         ing, fintech, consulting and technology sectors. Modeled   and enhancing customer support to intercept disputes
         after the Brazil REB, the board will advise the council   before they escalate.
         on regional payment security challenges while promot-    Gift cards market predicted to exceed $3.81 trillion
         ing education and awareness of PCI standards and best
         practices. Members include  Axis Bank, HDFC Bank,        According to Precedence Research, the global gift cards
         NPCI,  Google,  Ernst &  Young,  Qualcomm  and  others.   market surpassed $1.1 trillion in 2024 and is projected to
         The initiative highlights the region's growing impor-    grow from $1.24 trillion in 2025 to nearly $3.81 trillion
         tance in global payments and aims to strengthen  col-    by 2034, registering a CAGR of 13.24 percent. Growth is
         laboration, improve cybersecurity resilience and foster a   fueled by rising digital payments, expanding ecommerce
         safer payments ecosystem.                                and demand for personalized gifting. North  America
                                                                  held the largest share in 2024, while Asia-Pacific is the
         Thryv recognized for B2B marketing automation            fastest-growing region. Closed-loop cards dominated
         Small business software platform Thryv was named to      by type, but e-gift cards are expanding fastest, reflecting
         Constellation Research's 2025 ShortList for Marketing    consumer preference for convenience and sustainability.
         Automations for Small and Midsize Business. One          Online sales led distribution, capturing over 61 percent
         of only eight firms recognized, Thryv's automations      of the market in 2024.
         include lead scoring, email marketing, payments inte-    Open banking solutions market surging
         gration, invoicing, billing reminders, review requests
         and post-purchase campaigns.                             The open banking solutions market is projected to
         Chief Product Officer Rees Johnson said the tools        grow from $5.5 billion in 2023 to $11.7 billion by 2028
         are "sophisticated yet deceptively easy to use," giv-    at a CAGR of 16 percent, MarketsandMarkets Research
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