Robert McKinley, Senior Analyst/Editor Robert McKinley is an analyst of the payments industry on a daily basis for 32 years covering payment cards and payment systems from both the business side and the consumer side. McKinley is the retired founder and chief executive of RAM Research, CardWeb and CardTrak. In his prior position, McKinley has participated in more than 10,000 documented news media interviews, testified as an expert witness in two separate $billion+ U.S. anti-trust trials, testified before the U.S. Congress, assisted the GAO with paymentsIMG_2006 (1).jpeg reports, chaired numerous business conferences and provided C-Suite opinion to a multitude of Fortune 500 companies. In retirement, he has continued developing and funding digital media assets as well as contributing payments related analysis/content to a broad list of online publishers, including CardFlash, CardTrak and CardData. McKinley is also a national certified mentor with the non-profit SCORE organization with a focus on assisting Fintech startups.

Diebold Launches Cash Recycling, Auto Deposit

Working with Diebold, Saque e Pague,ATMs is delivering a range of financial self-service capabilities never before available to consumers and financial institutions. With deposit automation- and cash recycling-enabled ATMs, the bank is helping Saque e Pague rapidly grow its network, which recently surpassed its millionth transaction, to help reach previously underbanked regions in the country. Deploying cash recycling at the ATM allows Saque e Pague to expand into new markets with limited financial service options. As cash recycling extends ATM uptime, the network provider and its financial institution partners can deploy terminals in remote areas that were previously uneconomical to service, thereby reaching underbanked populations.

CardinalCommerce Announces Patent

CardinalCommerce, the pioneer and global leader enabling digital commerce, announces that it has been granted a US patent for Alternative Payment Implementation for Electronic Retailers, patent US 8,762,210, and notice of allowance for Method and System for Extending Payment System Architectures and Legacy Order Processing Systems to Mobile Commerce Applications via Text Messaging (Japan). The new patent reinforces that Cardinal is on the leading edge of the payments industry’s move towards omni-channel payments. Consumers are looking for convenient ways to shop and to protect themselves and their payment data when shopping. This technology allows for in-store transactions using payment methods other than plastic cards, like digital wallets and other alternative payment methods. Cardinal’s patent portfolio includes 42 issued patents, 5 notices of allowance, and approximately 100 patent applications pending.

EMV Migration

ATM owners and operators have been urged to begin planning for U.S. EMV chip migration as soon as possible to protect themselves from potential fraud losses. The EMV Migration Forum is a cross-industry body focused on supporting the EMV implementation steps required for global and regional payment networks, issuers, processors, merchants, and consumers to help ensure a successful introduction of more secure EMV chip technology in the United States.

Visa to integrate TrialPay Technology

Visa acquired a license that will enable us to integrate TrialPay technology into the Visa platform. TrialPay will be joining the Visa team as full time employees to help accelerate the development of a loyalty and offers platform. Eight years ago, TrialPay pioneered the concept of transactional advertising-placing relevant offers around online transactions, and using transactional data to show the most relevant offers and ads to consumers. To date, half a billion consumers have used TrialPay, generating hundreds of millions of new transactions for merchants big and small. The engaging TrialPay technology is the engine that served up the offers and ultimately led to these transactions. Visa invested in TrialPay three years ago and has helped TrialPay grow. TrialPay itself will remain independent, with no interruption to any of its services.

Osper Deploys Allpay Prepaid Card

allpay is supporting prepaid innovator, Osper, with its first class manufacturing, personalization and fulfilment application for its signature bright orange plastic prepaid card. The Osper Card aims to equip young people with an easy-to-use platform to enable them to develop their money management skills. The Card facilitates cash withdrawals at cash machines as well as online purchases, much in the same way as a traditional debit card. allpay has helped Osper to manage the high demand for the card, providing a fast paced manufacture, personalisation and fulfilment service for the hundreds of daily card requests.

BPC Smartvista Announces Latest Client

BPC Bank announced EthSwitch has chosen SmartVista to power its national switching operations. SmartVista was selected because of its comprehensive functionality, advanced technology and proven track record in helping payment businesses worldwide capitalize on opportunities presented by the changing payments landscape. EthSwitch was formed by all the banks in Ethiopia, and with the backing of the Ethiopian Bankers’ Association and the country’s central bank known as the National Bank of Ethiopia. EthSwitch aims to connect all banks to a central transaction switching platform that will provide customers with access to their money and other financial services via any ATM, Point of Sale (POS) device, mobile and Internet channels, regardless of which bank issued their card or in which bank their account is kept.