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News and Events

Winner of the 2016 ETA Pay it Forward Award

Patrick Rossetti

ETA announced today the winners of the prestigious annual Star Awards. The ETA Star Awards recognize individuals and companies to the payments industry, whether through innovation, business practices, or contributions to the association. The winners were announced during the President’s Dinner at TRANSACT 16, April 19-21, in Las Vegas.

Pay it Forward Award: Linda Rossetti
Linda Rossetti has always had a passion for helping women. Motivated to support and mentor women in their careers and encourage personal enrichment, Linda developed the LINC program – Local Interest Network Circle– within the W.NET to foster networking and promote mentoring to help women achieve greater personal success, influence, and professional parity.  Starting with two women in one city, the LINC program has grown to 1000 women in 10 cities.  Linda also pays it forward with her support of breast cancer research. Her mother’s breast cancer inspired Linda to personally donate to the cause, and bring the pay-it-forward mindset into the corporate setting.  Linda developed the Pink Payments Program to provide merchant services and electronic payment solutions for businesses of all sizes. There is no cost to participate, and for each participating merchant in the Pink Payments program, Linda’s company, Bluestone Payments, makes a donation to The Breast Cancer Research Foundation.

WOMEN’S PAYMENT GROUP W .NET ELECTS 201 6 BOARD OF DIRECTORS

Patrick Rossetti

McLean, Va., January 5, 2016 – The Women’s Network in Electronic Transactions (W.net), the payments organization dedicated to women in payments, has announced its board of directors for 2016. The 15-member board will be led by Chris Lee, NA strategic partnerships, Moneris. Executive board officers include 2016 President-Elect Gloria Colgan, president, PYMNTS.com; Treasurer Theresa Gongora, head of corporate strategy & planning, TSYS; Secretary Carol Grunberg, head of payments partnerships, Google; and Immediate Past-President Linda Rossetti, president, Bluestone Payments, LLC.

The 2016 W.net directors include Carla Balakgie, president & CEO, NAMA (National Automatic Merchandising Association; Jane Elliott, executive vice president and chief of staff, Global Payments; founder, Diane Vogt-Faro, president, National Benefits Program; Joan Herbig, chief executive officer, ControlScan; founder, Linda Perry, consultant, Linda S. Perry Consulting; Deana Rich, president, Deana Rich Consulting, Inc; founder Holli Targan, attorney and partner, Jaffe, Raitt, Heuer & Weiss, P.C; Kelly Tufts, vice president, portfolio marketing, Discover Financial Services; and Mary Uslander, senior vice president, product segment leader, First Data Corporation. “As W.net president, my goal is to connect and empower women in our industry,” said W.net incoming president, Chris Lee. “The entire Board seeks to strategically enhance W.net’s vision through its services and programs, as well as help create greater opportunities for women in payments.” “The Board’s strong leadership skills and knowledge of the payments industry will benefit the entire W.net membership,” said Shawn Taylor Zelman, W.net’s executive director. “I look forward to working with this talented group of professionals to advance W.net’s mission and vision in 2016.”

Whether new to the field of payments, an experienced payments professional or considering a career transition, W.net members benefit from unparalleled access to networking, mentoring, events, career development, educational programming and professional resources. W.net is the premier women’s leadership organization for the payments industry providing unparalleled networking, career development programming, mentoring and professional resources to women at all stages of their career.

About the Women’s Network in Electronic Transactions(W.net)
The Women’s Network in Electronic Transactions (W.net) is the premier professional organization for women in payments, providing personal enrichment no matter what stage members are in their career. The organization provides world-class national and regional programming, fosters networking and promotes mentoring to help members achieve greater personal success, influence and professional parity. Founded in 2005, W.net is a 501(c) (3) non-for-profit organization serving more than 1,000 women in payments annually. For more information about national and regional events and programming, or to become a member, please visit www.wnetonline.org.

Women's History Month at First Data

Linda Rossetti

Editor’s Note: In recognition of Women’s History Month, First Data Today is profiling several prominent women in payments. Today, meet Linda Rossetti, founder and president of ISO and First Data partner Bluestone Payments.

As founder and president of Bluestone Payments, a niche focused Independent Sales Organization (ISO), Linda Rossetti is a recognized payments pioneer. Linda is a trusted advisor, continually sought by members of the investment community to translate complex trends that enhance decision-making and create profitable business opportunities.

 

She is able to pair large corporate and small business ownership experience with her vast payments network to establish relationships, generate revenue and increase profitability.  Linda is highly successful in developing and executing innovative sales marketing strategies that differentiate brand and expand market share. 

 

Currently, Linda serves as president of the women in payments group, W.net, and has been instrumental in establishing Local Area Networking Circles (LINC) in major U.S cities.  She is passionate about attracting women into the payments industry and is a leader and innovator in the industry.

 

Recently, she answered a few questions for First Data Today.

 

Q: As a leader in the payments industry, how have you seen the industry change and emerge over time?

LR: In my 39 years working in the payments industry, I have seen great change.  The industry has transitioned from merchants depositing paper credit card receipts at their bank and calling a voice authorization center for approval to electronic data capture, plus the changing ecosystem of technology platforms shifting to Point-of-Sale (POS), gift card, accounting, e-commerce and other vendor choices. Continued consolidation at the card brand, processor and bank levels, combined with heightened Payment Card Industry (PCI) security requirements, created an elevated cost structure for POS vendors and a new market for mobile technology. We are now navigating a payments technology revolution. One of the biggest challenges we currently face in this industry is managing the migration to Europay-MasterCard-Visa (EMV) chip cards, as most merchants will need assistance to implement the heightened compliance requirements that accompany EMV acceptance. Security and fraud protection are also at the forefront, as is the evolving mobile wallet technology. To best support merchants in this shifting paradigm, we must transition from sales representatives to business consultants. We serve our clients as a trusted partner. They rely on us for expertise and support.

 
Q: Can you tell our readers about the organization you lead, W.Net, an organization dedicated to women in the payments industry?
LR: Women’s Network in Electronic Transactions (W.net) is the premier professional organization for women in payments, providing personal enrichment no matter what stage members are in their careers. The organization provides world-class national and regional programming, fosters networking and promotes mentoring to help members achieve greater personal success, influence and professional parity. Serving more than 1,000 women in payments annually, W.net is positioned for explosive growth through via new corporate memberships. Hundreds of women from member corporations like First Data can now take advantage of all the benefits W.net has to offer. Local Interest Networking Circles (LINCs) or chapters are located around the country in major metropolitan areas, and our first international event took place in London last fall. W.net is a not-for-profit association, celebrating its 10th anniversary serving women in payments this year.

 

Q: As we are in the midst of celebrating Women's History Month, what does it mean to you?
LR: Women’s History Month honorees lead by example and learn from their experiences. The founders of W.net made history by starting an organization to propel women in payments to a higher level both personally and professionally by sharing their collective connections and know-how. I am honored to carry the W.net message forward as this year’s president, to lead by example and share my experiences like my historical counterparts. Women make history each and every day all over the world. My goal is to leave a legacy that enables women to thrive in the payments industry.

 

Q: Who were some of your mentors when you entered the business? What were some of the most valuable lessons they taught you?
LR: I did not have a specific mentor, but many people influenced me and taught the value of having a strong work ethic early in my career. These lessons stayed with me, and I have shared them with many women I have mentored, including my own daughter. Leadership skills are learned throughout your lifetime and can be demonstrated at any work level. I believe women in all industries need to overcome internal obstacles and push themselves to be recognized as leaders. I am very involved in developing W.net’s local chapters, or LINCs, because I believe that each and every woman needs a network nearby to rely on for support. Building relationships assists women to overcome uncomfortable business issues and situations, encourages them to be their own advocate and helps them build their careers. LINCs help women learn and to form a good network of both formal and informal mentors. My passion with W.net over the years has been launching LINCS nationwide and beyond. This stems from my desire to mentor the next generation of women in payments.

 

Q: You have clearly excelled in sales and building your own business, what advice would you offer to young women as they enter the workplace?
LR: Young women need to build a network in their own companies, as well as through organizations like W.net. Know that there are so many women willing to help you along the way. Think about how to maximize your potential and positon yourself for greater career and personal success. The definition of personal success means something different to everyone, whether in private or business life. It is critical for young women to strike a balance between work and home, while identifying and then reaching goals. And don’t forget, have a strong passion for the payments industry and love what you do.  

WOMEN’S PAYMENT GROUP W.NET ELECTS 2015 BOARD OF DIRECTORS

Patrick Rossetti

Bluestone Payments Executive Linda Rossetti to Lead Organization as President

McLean, Va., January 7, 2015 –  Women’s Network in Electronic Transactions (W.net), the payments organization dedicated to women in payments, has announced its board of directors for 2015. The 15-member board will be led by Linda Rossetti, president, Bluestone Payments.  Executive board officers include 2015 President-Elect Chris Lee, president of North American strategic partnerships and emerging markets for Moneris Solutions; Treasurer Gloria Colgan, managing director, Market Platform Dynamics; Secretary Theresa Gongora, head of corporate strategy and planning, TSYS; and immediate past-president Lisa Shipley, executive vice president and managing director payment division for Transaction Network Services (TNS).2015 W.net directors include Jane Elliott, executive vice president and chief of staff, Global Payments; Diane Vogt-Faro, president, National Benefits Program; Carol Grunberg, senior manager payments and head of strategic partner management, Google; Joan Herbig, chief executive officer, ControlScan; Peggy Bekavac Olson, founder and principal, Strategic Marketing; Christine Larsen, Chief Operations Officer, First Data Corporation; Linda Perry, consultant, Linda S. Perry Consulting; Holli Targan, attorney and partner, Jaffe, Raitt, Heuer & Weiss, P.C; Kelly Tufts, vice president, portfolio marketing, Discover Financial Services; and Mary Uslander, senior vice president, product segment leader, First Data Corporation.

“As W.net president, my goal is to connect and empower women in our industry,” said W.net incoming president, Linda Rossetti. “During W.net’s tenth anniversary celebration this year, we will commemorate our past accomplishments and look forward by helping create greater opportunities for women in payments,” adds Rossetti. “The Board’s strong leadership skills and knowledge of the payments industry will benefit the entire W.net membership,” said Shawn Taylor Zelman, W.net’s executive director. “I look forward to working with this talented group of professionals to advance W.net’s mission and vision in 2015.”Whether new to the field of payments, an experienced payments professional or considering a career transition, W.net members benefit from unparalleled access to networking, mentoring, events, career development, educational programming and professional resources. W.net is the premier women’s leadership organization for the payments industry providing unparalleled networking, career development programming, mentoring and professional resources to women at all stages of their career. In 2015, W.net will celebrate its tenth anniversary with celebrations throughout the year. About the Women’s Network in Electronic Transactions (W.net) The Women’s Network in Electronic Transactions (W.net) is the premier professional organization for women in payments, providing personal enrichment no matter what stage members are in their career. The organization provides world-class national and regional programming, fosters networking and promotes mentoring to help members achieve greater personal success, influence and professional parity. Founded in 2005, W.net is a 501 (c) (3) non-for-profit organization serving more than 1,000 women in payments annually. For more information about national and regional events and programming, or to become a member, please visit www.wnetonline.org.

LINDA ROSSETTI ELECTED PRESIDENT OF WOMEN IN PAYMENTS GROUP W.NET

Patrick Rossetti

McLean, Va., January 7, 2015 –Women’s Network in Electronic Transactions (W.net), the premier organization dedicated to women in payments and serving more than 1,000 women nationwide, announced today that Linda Rossetti, founder and president of Bluestone Payments LLC, has been elected its 2015 national president. Rossetti assumes her one-year term as president on January 1st. She will lead a 15-member board of directors focused on driving initiatives that promote the growth and success of women in payments. “I am honored by the opportunity to lead this prestigious organization dedicated to women in payments,” said incoming W.net president, Linda Rossetti. “I will work tirelessly to connect and empower women in the payments industry. I look forward to celebrating W.net’s 10 years of accomplishments this year”.

Rossetti has been an active W.net member since 2007 and has served on the W.net Board of Directors since 2009. She has been instrumental in growing Local Interest Network Circles (LINCs) in major metropolitan areas around the country including Atlanta, Boston, Chicago, Denver, Texas, New York, Northern California, Phoenix and Washington, DC. In 2014, the LINCs held 22 events. LINCs are currently forming in both Southern California and Omaha, plus 

W.net held its first international LINC event in London on October 23, 2014. Rossetti is a well-known payments expert, consulting with payments companies and the investment community on numerous strategic opportunities. She is a business owner of one the few women-owned ISO’s in the industry. Prior to establishing Bluestone Payments, Rossetti served as the president of third party relationships and the senior vice president of strategic initiatives for Global Payments, Inc. She has been an active participant on many industry advisory boards over the years including MWAA, and First Data. Rossetti currently serves on the ISO & Agent and ControlScan advisory boards.

Whether new to the field of payments, an experienced payments professional or considering a career transition, W.net members benefit from unparalleled access to networking, mentoring, events, career development, educational programming and professional resources. In 2015, W.net will celebrate its tenth anniversary by engaging its members and supporters in celebrations throughout the year. About the Women’s Network in Electronic Transactions (W.net) The Women’s Network in Electronic Transactions (W.net) is the premier professional organization for women in payments, providing personal enrichment no matter what stage members are in their career. The organization provides world-class national and regional programming, fosters networking and promotes mentoring to help members achieve greater personal success, influence and professional parity. Founded in 2005, W.net is a 501 (c) (3) non-for-profit organization serving more than 1,000 women in payments annually. For more information about national and regional events and programming, or to become a member, please visit www.wnetonline.org.

Bluestone Payments President Named to Advisory Board of MidWest Acquirers Association

Bluestone Payments

Peachtree City, GA, December 1, 2009. Bluestone Payments' president, Linda Rossetti named to the Advisory board of the MidWest Acquirers Association. In her new role with MWAA, Rossetti will draw from her years of experience in the payments industry to provide guidance and direction for the non-profit organization and its members.

"The training, educational and networking opportunities provided by the MWAA organization are vital success tools for all professionals in the electronic payments and banking industries. I am very pleased to be serving on the Advisory Board of this industry leading association," says Rossetti.

About MidWest Acquirers Association

The MidWest Acquirers Association mission is to provide opportunities within the acquiring community. The MWAA provides a forum for the discussion of issues related to the merchant bankcard services industry, produces an annual conference for payment processing professionals, the banking industry and acquirers. For more information on MWAA, visit www.midwestacquirers.com.

About Bluestone Payments

Bluestone Payments was founded in 2006 by a payment industry veteran with thirty years of experience in the retail point-of-sale, credit card transaction processing and merchant acquiring markets. The Bluestone Payments philosophy is that all successful business relationships are built on honesty, integrity, and reliability and takes that approach with every customer. For more information on Bluestone Payments, please call (770) 631-2988, email info@bluestonepayments.com or visit www.bluestonepayments.com.

Originally posted: December 1, 2009

Bluestone Payments Now Offers RDC and ACH Services to Customers

Bluestone Payments

FOR IMMEDIATE RELEASE

CONTACT:                                          CONTACT:

Rahn Rampton                                   Customer Support

NetDeposit                                         Bluestone Payments

(801) 716-4747                                   (770) 631-2988

rrampton@netdeposit.com                info@bluestonepayments.com

 

NETDEPOSIT ADDS BLUESTONE PAYMENTS AS A STRATEGIC RESELLER OF ITS TOTALTRANSACT SERVICE

Bluestone Payments Now Offers RDC and ACH Services to Customers

 

Salt Lake City, UT and Peachtree City, GA, (October 13, 2009)- NetDeposit, a leading provider of distributed payment solutions, announced today that it has added Bluestone Payments to its growing roster of resellers of its TotalTransact service. Bluestone Payments provides solutions that enable merchants to accept and process payments electronically. With the addition of NetDeposit's TotalTransact service, Bluestone Payments now adds the capability to deposit checks via Remote Deposit Capture (RDC) and accept eCheck and card payments through a single gateway solution.

"We are pleased to offer our customers the added functionality of the TotalTransact service for RDC and ACH transfers," said Linda Rossetti, president of Bluestone Payments. "There is strong demand for remote deposit capture and eCheck acceptance solutions among our customers. We offer solutions that meet Bluestone Payments' high standard of quality, service and support. We are proud to include the TotalTransact solution from NetDeposit in our expanding range of electronic payment processing choices."

"The goal for NetDeposit is to add strategic resellers of our services who understand their customers, their markets and the opportunities immediately available to them with the TotalTransact service," said William Wong, EVP and general manager of NetDeposit's Merchant Solutions Group. "Bluestone Payments has established relationships with customers, businesses and financial institutions that are able to benefit immediately from the TotalTransact service. This is evident by the number and quality of customers Bluestone Payments has already boarded on the TotalTransact service."

About Bluestone Payments
Bluestone Payments was founded in 2006 by a payment industry veteran with thirty years of experience in the retail point-of-sale, credit card transaction processing and merchant acquiring markets. The Bluestone Payments philosophy is that all successful business relationships are built on honesty, integrity, and reliability and takes that approach with every customer. For more information on Bluestone Payments call (770) 631-2988, email www.bluestonepayments.com.

About NetDeposit
NetDeposit enables businesses to streamline revenue collection and management with proven payment technologies. NetDeposit's Merchant Solutions Group provides time and cost-saving solutions through its TotalTransact service which makes processing electronic payments faster and more accurate for any business. TotalTransact is the premier payments processing service that provides convenient, multi-channel payment acceptance, initiation, and depositing services to merchants and corporations.

NetDeposit, LLC, is a subsidiary of Zions Bancorporation (NASDAQ:ZION). For information call (801) 716-4800, email pressrelations@netdeposit.com or visit www.netdeposit.com.

# # #

NetDeposit and TotalTransact are registered trademarks of NetDeposit, LLC. All other trademarks and/or registered trademarks are property of their respective owners.

Originally posted: October 13, 2009

The Chic Entrepreneur Endorses Pink Payments, "Women Helping Women"

Bluestone Payments

Pink Payments announces a merchant service solution for women, by women, and one that supports women and their interests. To celebrate the launch of this new merchant service, Pink Payments is proud to announce their support of The Breast Cancer Research Foundation, and contributions will be made to the Foundation by Pink Payments. Elizabeth Gordon, the founder and President of Flourishing Business, is the first company to endorse Pink Payments in an effort to give her clients the exposure and knowledge that women-owned business support systems are available.

To see the full article, click here.

Originally posted: February 1, 2009

 

Atlanta LINC Event Promotes the Power of Networking

Bluestone Payments

December 30, 2008, Phoenix, AZ -- Just in time for the holidays, W.net hosted a networking event for women in the Atlanta metro area on December 4th. The LINC (Local Interest Networking Circle) event was held at Sandy Springs' premier wine bar, The Tasting Room. Attendees were greeted by tasty wine samplings as they made their way to the festivities and the hors d'oeuvres, generously sponsored by TASQ Technology. Delivering a light, fun-filled atmosphere, The Tasting Room provided a refined jazz musician that embellished the networking event with a classic touch of elegance. "Despite the rainy conditions, I was thrilled to have more than 30 professional women from the industry's leading companies in Atlanta assemble for an evening of networking and socializing", said Linda Rossetti, President of Bluestone Payments.

To see the full article, click here.

Originally posted: December 30, 2008

W.net Press Release

Patrick Rossetti

December 2, 2008, Phoenix, AZ -- W.net is proud to announce the winners of its inaugural Driving Improvement Via Action (DIVA) awards, presented at the Designer BootCamp Career Development & Leadership Summit on October 23-24 at the Westin Chicago River North. Three awards, designed to recognize contributions to the promotion of women in the electronic transactions industry were presented.

Linda Rossetti, President, Bluestone Payments, received the 2008 W.net Spirit Award, conferred on an individual W.net committee volunteer who exemplifies outstanding leadership within the association and who encourages and motivates others to participate in the promotion and support of the W.net brand. Ms. Rosetti was recognized for her early and passionate endorsement of W.net to companies and individuals in the industry, for her participation on the W.net Corporate Sponsorship Committee, and for her time and dedication as the Atlanta LINC Leader.

To see the full article, click here.

Originally posted: December 2, 2008

Returning Investments - ISO entrepreneurs seek purpose beyond profit by giving back to their communities

Bluestone Payments

Excerpts from "Returning Investments" by Newton Holt

Here's how three entrepreneurs - Kaplan and peer Linda Rossetti, president and CEO of Bluestone Payments, and Jared Isaacman, CEO of United Bank Card have used their success as an opportunity to give something back.

Profit into Purpose

Too often, the concept of "profit" is held in a negative light, but profit isn't good or bad. It's value-neutral. And it's necessary, not only for businesses and the individuals who depend on them for income; it's necessary for the market forces themselves to work. While profit is a value-neutral concept, what one does with profit can certainly be harmful or helpful, selfish or selfless. Kaplan and Rossetti, both in how they use their profit and their time, ensure that their success isn't value-neutral but has purpose and helps to effect positive change.

Follow My Lead

In addition to their own social responsibility efforts, both Kaplan and Rossetti encourage and reward employees who give back. "I like to lead by example," says Rossetti. "I feel it is important to set an example of leadership and strength that demonstrates my commitment to our industry and to other organizations that have provided for my family in myriad different ways over the years."

Linda Rossetti is seeking to start a tradition in her industry. She hopes her involvement in volunteer activities and dedication to responsible business "will encourage others to do the same and that today's young people, who will be future leaders in this industry, will continue the tradition." Rossetti also strongly encourages virtually everyone she encounters as president of Bluestone Payments to volunteer their time and talents for the greater good.

To see the full article, click here.

Originally posted: December 1, 2008

Heartland's Carr awarded W.net's highest honor

Bluestone Payments

Phoenix, Sept. 24, 2008 -- W.net is proud to announce Robert Carr, Chairman & CEO of Heartland Payment Systems as the recipient of the 2008 W.net Stiletto Award. This award, which is W.net's highest honor, is the first W.net DIVA (Driving Improvement Via Action) Award to be announced. W.net President Mary Gerdts said, "Bob Carr was the first individual to step forward in 2005 to proclaim his passionate support of W.net and his on-going support of W.net has been extraordinary. We are so proud to honor him with this prestigious award."

W.net has established four DIVA Awards: Stiletto Award, Diversity Champion Award, Spirit Award and the Strongest LINC Award. The W.net DIVA Awards honor the outstanding achievements of individuals, companies and W.net members who demonstrate an unwavering commitment to W.net and its mission to inspire and empower women in the electronic transactions industry to maximize their individual potential and position themselves for greater personal success.

To see the full article, click here.

Originally posted: September 24, 2008

Differentiation through Specialization

Bluestone Payments

Linda Rossetti says the ISO she founded in 2006 - Bluestone Payments in Peachtree City, Georgia - focuses on building relationships with local community banks and has benefited from following a similar path. "The decision to service this niche market was based on my years of experience in working with financial institutions and processors," Rossetti says, adding that customer service is a key component of her company's success. "For instance, community banks require payroll service, remote capture, prepaid products, and a top processing platform" - all of which Bluestone Payments provides.

"By providing this specialized service, we establish ourselves as a trusted partner for our local community banks," Rossetti adds. "It's a great differentiator. We bring knowledge, expertise, and professionalism to this market that few other ISOs can match."

To see the full article, click here

Originally posted: March 31, 2008