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.

Swish mPOS PCI PTS 3.1 Certified

Swish Payments Chip-and-PIN mPOS card reader announced that they’ve successfully secured PCI PTS 3.1 certification, including SRED for this fully mobile payment device. The Swish Chip-and-PIN card reader works in tandem with a merchant’s Android or iOS smartphone or tablet to securely process chip and magstripe card transactions. It boasts a sleek capacitive keyboard for PIN entry, lightweight, ergonomic design and it’s small enough to fit comfortably in the palm of your hand. Swish has taken great care in developing a mobile payment infrastructure which not only allows for ease and speed of payment, but more importantly, protects transaction data throughout the entire payment process. In line with this philosophy, Swish is an accredited PCI DSS Level 1 service provider. They’ve also obtained EMV Level 1 and Level 2 certifications, and have now added the PCI PTS 3.1 certification to their list of achievements.

Global Q1 GDV

The four major global payment card networks (excluding Visa Europe, CUP and JCB) produced a 6.6% year-on-year (Y/Y) gain in Gross Dollar Volume (GDV) during the first quarter of 2014 (Q1/14). Visa (VS), MasterCard (MC), American Express (AX) and Discover (DS) produced $3.087 trillion in Global GDV, compared to $2.896 trillion in the year ago quarter.

Paragon Received D-PAS Certification

Paragon Application Systems, a leading, independent provider of ePayment testing solutions, announces that it has received Discover D-Payment Application (D-PAS) qualification for its FASTest host testing solution. QA and developers rely on Paragon FASTest for complete simulation and testing of over 114 financial message formats. Acquirers and issuers certifying their transaction processing with Discover and Diners Club can now choose FASTest for host certification.

iPayment TablePOS

VeriFone and iPayment, Inc.,announced a complete tablet point of sale solution. iPayment POS is designed for the more than 150,000 small business merchants iPayment currently serves directly, through independent sales organizations (ISOs) and other multiple direct distribution channels throughout the U.S. This solution is a combination of VeriFone’s industry leading GlobalBay Merchant technology and other iPayment proprietary solutions.

TSYS Extends KBC Bank Relationship

TSYS announced that it has further extended its relationship with KBC Bank Ireland (KBC), to support the bank’s credit card launch in the Irish market. TSYS currently provides debit payment services for KBC. KBC has been operating in Ireland for 40 years and is part of KBC Bank NV, one of Europe’s largest banks. KBC provides business and personal banking services to customers in Ireland.


CardLinx is forming the CardLinx Europe Council and the CardLinx Canada Council. The upcoming charter meetings will bring together senior executives from the most influential companies in card-linking from each region. Card-linking, a phenomenon gaining popularity worldwide, enables consumers to redeem deals without paper coupons or promo codes and gives merchants a real measure of their ad spend effectiveness. CardLinx’s regional councils will engage two of the largest card-linked markets in establishing global standards for the industry.

Kenya Commercial Bank Integrats TranzWare

Compass Plus has announced that Kenya Commercial Bank, one of the largest banks in the country, has launched its in-house processing centre built on TranzWare products from Compass Plus. Kenya Commercial Bank set out to replace its entire retail banking system, previously built on separate solutions from different providers, to one fully integrated platform that would improve the bank’s efficiency, increase performance, provide flexibility and be fault-tolerant.

Oink Partners with GlobalCollect

Virtual Piggy, Inc.this morning announced it has partnered with international payment service provider, GlobalCollect. GlobalCollect is the most knowledgeable global payment service provider in the world, processing international e-commerce payments for many of the world’s most recognized e-commerce brands in the travel, retail and video game industries, including Levi’s, Sony BMG, Estee Lauder and Valve. The company processes payments in more than 150 currencies in over 170 countries.

JCBI European Expansion

JCB continues to press on to reach the 200 countries and territories milestone this year with its Card Acceptance Network. The latest is its expansion into Belgium via Worldline. JCB International (JCBI) has formally signed a License Agreement with Atos’ Worldline for building a JCB card acceptance network and to start JCB merchant acquiring operations in Belgium.

DISH to accept Bitcoin with Coinbase

DISH today announced that it will become the largest company to accept bitcoin. As the first subscription model pay-TV provider to make this move, DISH will begin accepting bitcoin payments from customers starting in the third quarter. DISH has selected Coinbase as the payment processor for bitcoin transactions with customers who choose to pay their bill online with the bitcoin wallet of their choice. DISH will use Coinbase’s Instant Exchange™ feature to exchange bitcoin payments to U.S. dollars at the moment of the transaction.