This message was sent to ##Email## To advertise in this publication please click here June 16, 2021 .MAC UPDATES Members only rate for Level Up 21 Have you taken advantage of the MAC Member rate for Level Up 21? As a MAC member, you receive discounted pricing to attend MAC’s signature events. For $199, you can join your peers to learn, collaborate and connect. The agenda is packed with on-trend topics such as payments and the cannabis industry, cybersecurity, AML changes, and the dark web. These sessions are captained by industry leaders. In addition to the live sessions, this year’s agenda offers At Your Leisure sessions to allow you the flexibility to visit topics, sessions, and speakers throughout the week. At Your Leisure sessions include topics such as government relations updates, cybercrime, cashless trends in casinos & gaming, remote interviewing, and updates from Nacha and EMVco. Sessions are added weekly, so the content is expanding and adapting to provide you the resources and strategies you need to excel in your daily role. You can’t beat the value your MAC membership provides you for this event. Connect with other payment professionals and solutions providers in our virtual platform, July 27-28. As an added perk, extend the benefit of MAC to your organization through our new dues restructure program. See you aboard! READ MORE Cybersecurity and the Future - new session added at Level Up 21 Join your crewmates for a “fireside chat” with Dr. Jessica Barker, a renowned expert and author on cybersecurity. Dr. Barker will discuss the typical ways fear and technical jargon are often used to motivate organizations to focus more on security. In this interactive session, brought to you by Sysnet, Dr. Barker will outline more positive approaches proven to motivate organizations into meaningful action to improve their security posture. Cybersecurity is one of many timely topics confirmed for Level Up 21. We encourage you to attend this signature MAC event to hear directly from industry leaders sharing their best practices and lessons learned over the last year. Register today for $199 as a MAC member or $249 as a nonmember. READ MORE .INDUSTRY NEWS 5 payment trends that will dominate post-pandemic Sifted Last year, the payments sector saw record investment, with ‘paytech’ deals in 2020 overtaking the total number of fintech deals in 2019. This investment, coupled with the near total digitalization of everyday life, has meant the sector has seen some major leaps forward. READ MORE  SPONSORED VIDEO Webinar Series: KYC Beginner to Pro for Merchant Acquirers Boarding more merchants faster is key to growing a merchant acquiring business, but it’s risky. KYC due diligence is more than simply a required “tick-the-box” task—it’s the first and critical line of defense against boarding bad actors. This series is designed for risk managers looking to implement the latest advancements in KYC technologies to speed due diligence and underwriting while increasing revenue and compliance. WATCH VIDEO New report: Selfie IDs check the digital security box for 76 percent of millennials PYMNTS As hackers are becoming more prolific with cyberattacks on digital accounts, biometric authentication technologies such as fingerprint, voice and facial recognition have grown favorable for customer identification and verification. Not just banks, but businesses of all kinds are bolstering security and privacy protection to gain consumers’ trust and retain their brand loyalty. Biometric verification methods are getting easier and more convenient for consumers to use as smartphones with supporting technologies become ubiquitous. READ MORE 88 percent of US-based Millennials want to make purchases on chat apps The Paypers Clickatell, a mobile communications and chat commerce company, has revealed that 82% of US-based Millennials want to make purchases via chat apps like the ones they use to talk to friends and family. According to the press release, the findings come from the company's second Chat Commerce Trends Report, which is based on a survey of more than 1,000 US-based Millennials and is conducted by Dimensional Research in partnership with Clickatell. READ MORE  SPONSORED CONTENT Promoted by Verisk Financial G2 MERCHANT BOARDING GUIDE: Learn how to streamline your KYC processes Investment in the electronic payments industry benefits small businesses, consumers PaymentsJournal After more than a year adapting to the COVID-19 pandemic, multiple vaccines are now in circulation and millions of Americans are being inoculated daily. States and localities have begun curtailing restrictions on businesses, and the American public is starting to return to some semblance of the way things used to be. While a return to normal is on the horizon, there are some aspects of pandemic life, such as the increase in use of electronic payments, that are here to stay. READ MORE The trends helping payments disruptors take on financial services eMarketer Payments service providers are building an array of financial services to compete with financial institutions (FIs). Lending, bank account products, issuing, and other services that have been FIs’ bread and butter are being challenged in a bid to add more revenue opportunities and engender greater loyalty. These payment disruptors, such as Square, Stripe, and Shopify, are using their existing relationships with small businesses to attract clients away from FIs and persuading them to use their own financial offerings. READ MORE  PRODUCT SHOWCASE Age Verification For Your Merchant Portfolio AgeChecker.Net is the leading provider in online age verification for age-restricted industries. Compliance for Tobacco, Vape, CBD, gaming, supplements and many more. Require your merchants to use online age verification for age restricted products. Protect your merchant portfolio by adding an additional layer of KYC compliance. LEARN MORE The ultimate end game for cross border payments Finextra Marc Recker, Managing Director, Global Head of Product, Institutional Cash Management at Deutsche Bank catches up with FinextraTV in the lead-up to EBAday to talk trends in cross-border payments. We learn how things have moved on in the last year, new forces coming into play, the importance of harmonization across the industry, and what the ultimate end game is for cross-border payments. READ MORE Digital payments giant Stripe launches new software to simplify how companies work out sales taxes CNBC Stripe on Thursday debuted a new product that it says will make it easier for businesses to calculate and collect sales taxes, marking the digital payment giant’s latest push into other areas of finance. The service, called Stripe Tax, will automate the calculation and collection of sales tax, value-added tax and goods and services tax for transactions made through Stripe’s platform. British newspaper publisher News UK and Dutch start-up Routetitan are among those already using the service. READ MORE  SPONSORED CONTENT Promoted by The Third Party Payment Processors Association TPPPA Press Release - Hunstein Amicus Brief TPPPA Filed Amicus Brief - Hunstein Eleventh Circuit TPPPA 2021 Training Schedule Including AAP & APRP CEC Eligible Webinars Digital payments: A key to success for entrepreneurs Entrepreneur The transition from cash payments to digital payments represents several benefits for entrepreneurs around the world due to the rapid increase in people who own smartphones and the diversification of options for electronic payment forms. However, digital payments are still an underdeveloped commercial tool that can provide important benefits for both entrepreneurs and society in general, by incorporating more people into the formal financial system. READ MORE AWS head of payments: Fraud, credit decisioning drive move to the cloud PYMNTS We’re seeing a shift in financial services that will have a lingering — and, in some ways, permanent — impact on payments, hastened by the continued migration of financial institutions (FIs) and merchants to the cloud. In an interview with PYMNTS, Mark Smith, head of payments for financial services at Amazon Web Services (AWS), said that "COVID has changed the conversation we've been having with payment customers, and it's accelerated the trends we've been seeing over the past few years.” READ MORE  CONTENT SHOWCASE Announcing a New Webinar Series! Promoted by LegitScript LegitScript's all-new Knowledge Partner Webinar Series delivers four free one-hour courses on buy now pay later, domestic gambling, the state of payments risk and compliance, and conducting merchant ad reviews. LEARN MORE How new fraud travel trends emerge after the lockdown: Interview with Sift The Paypers As global travel bans quickly cleared the skies and the streets as COVID-19 rapidly spread worldwide, the travel industry saw a dramatic drop in transaction volume. Fraudsters typically gravitate towards industries and verticals that see high volume and high-velocity transactions, but we actually saw something interesting: fraudsters were attacking an already vulnerable industry that was being ravaged by the pandemic. In 2020, fraud rates for the Travel and Transportation industry were nearly 30% higher than they were in 2019, according to Sift global network. READ MORE B9 raises $1.7 million for fintech app targeting immigrants Finextra B9, a US startup building a financial app for immigrants that provides interest-free payroll advances, has raised $1.7 million in an ongoing pre-seed funding round. B9 is designed to provide an alternative for millions of unbanked people, often first or second-generation immigrants, who are targeted by predatory lenders. READ MORE VCs boost investment in Black- and Latinx-owned fintechs American Banker The spark for a business idea often comes from the founder's personal experience or a plan to serve a specific market. That can create unfair odds when the financial gatekeepers don't have the background to relate. READ MORE  SPONSORED CONTENT Promoted by Arnall Golden Gregory LLP A New Sheriff in Town: FTC Commissioner Rohit Chopra Chosen to Lead CFPB Supreme Court Hears Oral Argument over FTC’s Section 13(b) Authority New Frontiers for the FTC in Healthcare Following the Consolidated Appropriations Act Anti-Money Laundering Act of 2020 Makes Significant Changes to BSA/AML Regime Merchant, Beware: That Surcharge May Be Illegal Global trends that will affect digital lending and payments in India Entrepreneur In the past decade, data and technology have been the driving forces in the lending and payments industry across the globe. The Indian market has shown a remarkable acceptance of this technology, being heralded as the pioneers of the tech-based lending and seamless payments with the strong UPI backbone. READ MORE FEATURED WHITEPAPERS   Promoted by Sysnet Global Solutions Are you ‘prescribing’ the right security solution to your merchants? When it comes to small businesses, an all-in-one cybersecurity solution is just what the doctor ordered.   DOWNLOAD NOW     Promoted by Select Choice The world is changing every day. Help your team stay ahead of the curve with people solutions from Select Choice. In our latest whitepaper, Making Moments Matter, you'll have access to leading research on staff and resource development.   DOWNLOAD NOW   Restaurants race to offer most efficient AI drive-thru experience PYMNTS The automated drive-thru competition is heating up. McDonald’s recently revealed that it is trying out automated order-taking technologies at 10 drive-thru restaurants in Chicago. Customers will dictate their orders to the drive-thru’s computer, which will interpret the voice order via artificial intelligence (AI). The technology is currently able to process orders with about 85 percent accuracy and can handle about four out of five orders. READ MORE   MAC Dispatch Connect with MAC Jason Zimmerman, Director of Publishing, Multiview, 469-420-2686 | Download media kit Oliver Kirby, Senior Content Editor, Multiview, 289-695-5401 | Contribute News MAC 3736 W Shoreview Ln   |  Coeurdalene, ID 83814  213-309-6165   |  Contact Us  |  www.macmember.org Click here to unsubscribe.  Learn how to add us to your safe sender list so our emails get to your inbox. ADVERTISE SUBSCRIBE PAST ISSUES   7701 Las Colinas Ridge, Ste. 800, Irving, TX 75063