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

Cardlytics Granted Patent on Offer Placement System

Cardlytics received a patent for its core system Cardlytics Offer Placement System (OPS) from the United States Patent and Trademark Office. U.S. Patent No. 8,595,065 relates to the secure connection between transaction data with no personal identifiable information and advertising campaign data, which enables Cardlytics to create targeted marketing based on consumer purchase behavior. This is Cardlytics’ third patent; the first was granted in May and the second in August of 2013. Cardlytics’ first patent (8,438,061) relates to the delivery of targeted marketing advertising to banking consumers from our Offer Placement System (OPS). The second patent (8,515,810) relates to the aspects of the OPS working in conjunction with Cardlytics’ other core system – the advertiser-facing Offer Management System (OMS).

MasterCard and Ogone Deploy MasterPass

MasterCard and Ogone partnered on the integration and deployment of MasterPass digital transactions. This collaboration which covers Belgium, The Netherlands, France, United Kingdom, Germany and Spain in a first phase and the remaining countries Ogone operates in later on, paves the way for the adoption of MasterPass™ by tens of thousands of merchants. MasterPass, the digital platform from MasterCard, simplifies online purchases made from connected devices including PCs, touchpads and smartphones. MasterPass meets consumers’ demand for convenience shopping and eliminates the need to enter detailed shipping and card information to complete their online shopping at MasterPass merchant sites that have the “Buy with MasterPass™” button on their check out page.

Citi ThankYou Rewards Points to Cover All Online Purchases

Citi is introducing its ThankYou Rewards, allowing members to turn online purchased items to their own personal reward. ThankYou Rewards members can now shop with a Rewards Account Number, a virtual credit card account number linked to their Citi credit card and ThankYou Rewards account, where MasterCard® and Visa® are accepted. Rewards Account Numbers give Citi ThankYou Rewards members who have a credit card enrolled in ThankYou Rewards flexibility to use their ThankYou Points when shopping online.

Conference Board Consumer Index Drops in November

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Conference Board Consumer Confidence Index dropped again in November, following an October drop. The Index now stands at 70.4 (1985=100), down from 72.4 in October. The Present Situation Index edged down to 72.0 from 72.6. The Expectations Index declined to 69.3 from 72.2 last month. Consumers’ assessment of overall current conditions…

Allied Wallet #1 Payment Solutions Provider

Allied Wallet online credit card processing and multi-currency merchant services, was voted #1 Payment Solutions Provider by thousands of entrepreneurs, readers, and writers in the United Kingdom according to a survey performed by Start Your Business Magazine. Allied Wallet was announced as a winner in the 2013 Start Your Business Awards at the Gambit Interactive Media Headquarters in Mayfair, London on November 20th, 2013. The event was hosted by Marcus Green, the magazine’s editor; he was accompanied by a judging panel of esteemed business professionals. Allied Wallet was given the award for “Best Payment Solutions Provider” and recognized along with the other winners for their impeccable customer-focused attitude, innovative approaches, and consistency in effort. Allied Wallet gladly accepted the award as the #1 payment solutions provider in the United Kingdom.

Pakistani Bank Issues EMV Visa Debit Cards

HBL Bank has started issuing EMV Visa Debit Card. IRIS Switch has also been upgraded to support acquiring of Visa EMV cards on the bank’s multi-vendor ATM network. Cards industry in Pakistan is dominated by mag-stripe cards. HBL has taken the initiative to launch chip-based EMV debit card that is currently the most secure card technology in the market. Launched in collaboration with VISA, the chip card uses advanced data protection technology that prevents data theft and open doors to more innovative modes of payments. The EMV debit card scheme celebrates Pakistani craftsmanship and the cards are adorned with different designs from across the nation. While these crafts add color to the nation’s landscape, HBL supports by carrying them on its most secure card scheme.

ACI Worldwide and VocaLink Extend Relationship

ACI Worldwide announced the nine-year extension of its relationship with VocaLink national payment infrastructure to provide its managed service for 24,000 ATMs. By leveraging the flexibility of ACI’s industry-leading BASE24 and BASE24-eps ATM driving technologies, VocaLink’s complete managed ATM service provides cutting-edge services to its cash machine network and ATM deployer customers in a reliable, cost-effective manner, regardless of ATM type or configuration. The ATM Managed Service enables VocaLink’s customers to offer enhanced capabilities to their ATM end-customers, including such features as ATM Helpdesk, ATM Location Database, ATM Switching, International Card Networks and Mobile Phone Top-Up.

Green Dot Approved to to Acquire Walmart MoneyCard Portfolio

Green Dot Corporation announced that its subsidiary bank received required regulatory approvals from the Board of Governors of the Federal Reserve System and the Utah Department of Financial Institutions related to the pending acquisition of the legacy Walmart MoneyCard Portfolio from GE Capital Retail Bank. The consummation of the transaction is subject to closing conditions, including the Department of Justice’s required 15-day waiting period.

CashStar Announces Latest Gift Card Program Client

CashStar launched a new gift card program with American grill and sushi bar, Kona Grill, replacing its existing gifting platform with CashStar’s solution. CashStar now powers Kona’s plastic and digital gifting programs, and also gives Kona gift card purchasers and recipients enhanced mobile experiences. Kona Grill’s mobile-optimized purchase pages make buying eGift cards on-the-go via a smartphone simple and easy. Recipients with iPhones or iPod Touch devices running iOS 6 or newer can easily store and redeem eGift cards in Apple’s Passbook app.

MasterCard rePower Cards Walmart-Loadable

MasterCard and Green Dot partnered to allow U.S. cardholders with MasterCard “rePower”-enabled prepaid cards to reload their cards via the Walmart Rapid Reload™ service. Walmart Rapid Reload utilizes the Green Dot® Network to provide cardholders with a fast and easy way to load funds directly to their cards by swiping their cards at any register at participating Walmart stores (not available in VT or WY). Cardholders can add funds directly to their prepaid account by using cash or a pre-printed payroll or government check. Cashier-added funds will be available for use by MasterCard rePower-enabled cardholders within minutes. The MasterCard rePower network is open to any MasterCard issuer of reloadable prepaid card programs.

Citi Renews Sunoco Private Label Credit Card Program

Citi Retail Services signed a multi-year renewal of its U.S. private label credit card relationship with Sunoco. Citi and Sunoco will continue to improve the customer experience and focus on growing the Sunoco-branded card programs Citi issues in partnership with Sunoco. Citi will also leverage its extensive data analytics capabilities and credit marketing services to further grow sales. Credit products that Citi issues for Sunoco include the Sunoco Rewards Card for consumers and the Sunoco Corporate Card for commercial customers.

Telenor Deploys WorldPay Payment Gateway

WorldPay alternative payments and Telenor Business Internet Services AS forged agreements by which WorldPay handle payment transactions for Telenor Business Internet Service’s Software-as-a-Service (SaaS) offering. Telenor Business Internet Services AS selected WorldPay to provide its payment gateway, acquiring services, alternative payment acceptance, and risk management services. WorldPay will support Telenor Business Internet Services AS as the company increases its global SaaS footprint, first in Hungary with the launch of the Telenor cloud service solution which launched on the 29th of October 2013. WorldPay was selected for the company’s well-established global reach, both with the range of local payment types enabled and the ability to accept and settle transactions in multiple currencies.