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. www.robert-mckinley.com

Epson Announces Latest POS Solutions Client

At the National Restaurant Association Show (NRA) , Epson America POS solutions and Lavu iPad POS for restaurants announced their partnership for more flexible iPad POS solutions to restaurant operators of all sizes. Lavu is the first Epson partner to adopt the Epson OmniLink™ i-Series all-in-one smart solution for receipt printing and peripheral device management for its iPad POS. Lavu will also leverage Epson’s market-leading TM-T88V and TM-U220B printers for receipt and kitchen printing. The two global market leaders are working together to deliver a cutting-edge solution that offers restaurant operators a trusted and innovative migration path to tablet POS. Epson’s OmniLink will serve as the peripheral device hub for the Lavu iPad POS platform enabling seamless and reliable connection and management of required POS peripherals, including credit card readers, barcode scanners, scales, and customer displays.

TrustCommerce Among First Validated as PCI DSS 3.0 Compliant

TrustCommerce Point-to-Point Encryption (P2PE) payment solutions announced it is one of the first to achieve PCI DSS 3.0 validation. A Level 1 Service Provider, TrustCommerce deployed PCI DSS version 3.0 as the third major update to the PCI DSS. Reporting guidelines were made available in February 2014; however, existing PCI DSS 2.0 compliant vendors have until January 1, 2015 to move to the new standard. The changes continue to raise the level of best practices that govern the industry. The PCI DSS provides technical and operational requirements, standards, and guidelines for all entities that process, store, or transmit cardholder data, including issuers, providers, acquirers, merchants, and service providers. PCI DSS version 3.0 is intended to place even more emphasis on payment data security.

ChannelAdvisor CEO to Present at IRCE Focus

ChannelAdvisor cloud-based e-commerce solutions that enable retailers and manufacturers to increase global sales, today announced that CEO Scot Wingo will present at the upcoming IRCE Focus: Brands & B2B conference taking place May 18-20, 2014, at the Jacob K. Javits Center in New York. Wingo will co-present a session titled “Amazon: Friend or Foe?” on Tuesday, May 20, at 12:45 p.m. EDT. The session will focus on the numerous opportunities for brands to successfully sell through Amazon. IRCE Focus: Brands & B2B will offer successful strategies for B2C, B2B and everything in between. Noteworthy speakers will come together to share their expertise and insights into what’s happening in the world of B2B and B2C e-commerce. This knowledgeable group will discuss strategies for brands, manufacturers, wholesalers and more to effectively manage direct-to-consumer relationships, channel complexity and digital marketing for brands.

Allied Wallet Recognized by Fortune and CNN

Allied Wallet online credit card processing was awarded a top 10 position on Fortune.com and Money.CNN.com as one of the Best Workplaces for Millennials in the world. Allied Wallet was reviewed and surveyed by Great Place to Work, the global authority on high-performance workplace cultures, and awarded the #3 spot on the Best Workplaces for Millennials list for their ability to promote a productive and rewarding work environment. The companies on the Best Workplaces List were notable for their practices that make young employees feel comfortable and excited about work through meaningful and ethical business practices and generous compensation and benefits. Allied Wallet provides this type of high-trust, positive environment for their team, rewarding employees with vacations, new cars, special events, catered lunches, and amazing benefits and packages that promote their well-being as well as growth in their trade or skill-set.

Heartland Secure Guarantees Ultimate Credit/Debit Card Data Security

Heartland Payment Systems is introducing Heartland Secure comprehensive credit/debit card data security solution. Featuring a breach warranty, this innovative solution is designed to provide merchants with protection against POS intrusions, crimeware, miscellaneous errors, insider misuse and other common sources of card-present data fraud by eliminating the opportunity for criminals to monetize card data. Heartland Secure combines EMV electronic chip card technology, its E3 end-to-end encryption technology, and Tokenization technology. Based on data provided by the Open Security Foundation and RiskBased Security, the Online Trust Alliance’s (OTA) 2014 Data Protection and Breach Readiness Guide2 states that more than 823 million records were exposed in 2013, including credit card numbers, email addresses, log in credentials, social security numbers and other related personal information. OTA estimates that 37 percent of these breaches were the result of actual hacks, and another 31 percent were due to lack of internal controls, which enabled accidental or malicious events.

MasterCard Acquires ElectraCard Services

MasterCard has entered into an agreement with Opus Software Solutions Pvt Ltd to acquire its subsidiary, ElectraCard Services Pvt Ltd (ECS), a provider of software solutions and processing services for electronic payment and card systems. This transaction is anticipated to close in the second quarter of 2014. MasterCard previously had a minority investment in ECS. ECS is a leading provider of software products and processing services for electronic payments. Its customer base includes financial institutions, retailers and telecom companies in over 25 countries globally. Its products enable customers to issue and manage all types of payment cards and electronically process card transactions across multiple channels such as ATM, POS, Internet and mobile.

CashStar to Speak at Retail Payment Innovations Summit

CashStar will join a panel of experts at All Payments Expo (APEX) Europe to help attendees understand and leverage the convergence of the payments, mobile, retail and marketing worlds during the session titled, APEX Europe brings together executives from diverse industries to build the next generation of prepaid, retail payments, emerging technologies and alternative financial services. APEX Europe is co-located with Retail Payment Innovations, a one-day event focusing on retail innovation and payment technology. During this panel discussion, attendees will gain real world insights from merchants’ approach to payments and commerce in an omni-channel environment. Panelists will discuss how they are approaching potential partnerships and investments across their channels.

MoneyGram Launches \”Cash to ATM\” Solution

MoneyGram global money transfer and payment services and DSK Bank introduced its “Cash to ATM” service. The new service allows DSK Bank debit card holders to receive MoneyGram transfers in BGN at more than 850 DSK Bank ATM terminals. Remittances from Bulgarians working abroad totaled $1.6 billion in 2013. The most active corridors for sending money transfers to the country are Spain, the United Kingdom, Germany, Greece, Italy, the USA and Turkey.

RewardsNOW to Address CO-OP Conference

Andrew Gates, Director of Strategic Partnerships, and Heidi Young, Sales Director for RewardsNOW, Inc., will be speaking at THINK 14, CO-OP Financial Services’ annual credit union conference being held in New Orleans. The annual THINK conference is designed to assist credit unions in adapting to an ever changing consumer and competitive environment and covers topics such as innovations in member service, technology and branding and each year provides attendees with a variety of speakers and sessions that offer fresh perspectives and concrete solutions for them to bring back to their credit union.

NCR Invites National Restaurant Association Show Attendees to ‘Find Your Fit’

NCR will demonstrate how the right technology “fit” can help any restaurant – be it a large chain or a small coffee shop – operate more efficiently, manage more profitably and drive consumer engagement at the National Restaurant Association (NRA) Show 2014. With NCR’s POS systems and operational solutions, ease-of-use is infused in every step of the transaction – from the guest reservation and table management and mobile ordering solutions – to accurate and timely order placement with the kitchen production system, all the way to tableside ordering and quick merchant processing. When operators want a more detailed look, they can run reports for sales and labor data, helping to increase visibility into a business and reduce costs. Gift card and loyalty programs help operators stay connected to customers even after they leave the restaurant. NCR’s consumer feedback tool allows guests the opportunity to provide meaningful feedback and provides insight into the profit impact of a guest.