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.

Capital Bank Deploys Diebold ATMs

Capital Bank has partnered with Diebold, Incorporated (DBD) to standardize its ATMs and support services. Diebold installed 170 Opteva ATMs, 100 of which feature deposit automation capabilities along with comprehensive integrated services to manage the fleet. Through multiple acquisitions over the past two years, the bank’s network included ATMs from several manufacturers that were supported by various vendors. Capital Bank recognized it would be best served by a single source for the delivery and management of its ATM fleet. Through its ATM Endpoint Protection by Symantec™ and software deployment service Diebold will maintain up-to-date anti-virus and operating system software, as well as security patches and provides 24/7 ATM status monitoring, notification, remote diagnostics and failure resolution to keep Capital Bank’s ATMs up and running.

Jack Henry Wins Processing Client

Jack Henry & Associates payment processing services announced that Bank of the Sierra has selected its SilverLake System core processing platform to provide enterprise-wide automation. In addition to SilverLake, Bank of the Sierra will initially implement an array of Jack Henry Banking’s complementary solutions including ArgoKeys DepositKeys account opening and administration; Vertex Teller Automation System; Vertex Teller Capture; NetTellerOnline Banking; iPay Consumer Online Bill Pay; the iPay Biz 2.0 small business online bill payment suite; goDough mobile banking; OurCashFlow online financial management (OFM); Opening Act online deposit and loan account opening; Electronic Statements’Interactive; DirectLine Wires; DirectLine International; Remote Deposit Capture, Remote Deposit Anywhere (RDA) mobile and flatbed remote deposit capture; Cognos 10business intelligence and enterprise reporting; Smart GL general ledger reconciliation and compliance; Relationship Profitability Management (RPM); and components of the Synergy Enterprise Content Management (ECM) solution; components of the Yellow Hammer fraud detection and prevention suite; the Gladiator security services suite; Centurion Business disaster preparedness and recovery services; jhaCall Center; and more.

PCI Council Highlights Changes to PCI DSS and PA-DSS

The PCI Security Standards Council published PCI Data Security Standard and Payment Application Data Security Standard (PA-DSS) 3.0 Change Highlights as a preview of the new version of the standards coming in November 2013. The changes will help companies make PCI DSS part of their business-as-usual activities by introducing more flexibility, and an increased focus on education, awareness and security as a shared responsibility. The seven-page document is part of the Council’s commitment to provide as much information as possible during the development process and eliminate any perceived surprises for organizations in their PCI security planning. Specifically, the summary will help PCI Participating Organizations and the assessment community as they prepare to review and discuss draft versions of the standards at the 2013 Community Meetings in September and October.

VeriFone Launches Mobile App for NYC Taxi Payment

VeriFone Systems announced its “Way2ride” mobile app that allows New York City taxi passengers to get in, tap, and get out the moment their ride is over. The “Way2ride” is available for iOS and Android smartphones, makes the taxi experience faster and easier for New Yorkers and business travelers by enabling riders to pre-load payment information and preferred tip amounts. Once inside the cab, passengers can pay at any time with a tap of their phone. At the end of the trip, riders can simply get out of the taxi and get on with their day. Digital receipts are stored in the app and accessible at for easy tagging and expensing of business trips. After the New York launch, VeriFone will be expanding Way2ride acceptance throughout its network of more than 70,000 payment-enabled taxis worldwide. Way2ride uses VeriFone’s patented Zoosh sound-based technology to check passengers into their ride, allowing for secure transmission of payment information through the cloud.

NCR Partners Bank to Increase ATM Network Security

NCR Corporation partnered Sparkasse KölnBonn to deploy “SelfServ 26” advanced cash dispense ATMs. Featuring an integrated anti-skimming solution, backed by NCR Second Line Maintenance (SLM) and installation services, “SelfServ 26” ATMs offers a secure and reliable customer experience. With a self-healing technology allows the ATMs to automatically and quickly recover from “soft” failures with no need for service intervention, and a typical Second Line Maintenance response time of 4 hours ensures maximum uptime, thus increasing the return on investment of the ATM network. NCR can pre-install the systems in the central warehouse of the bank, connect each of them to the data center, test and then deliver the already operational NCR SelfServ systems and install them on site. The time required for the software installation of the self-service systems, which normally takes three and a half hours, is reduced to only ten minutes.

Morpho Opens NFC Data Center

Morpho (Safran), a leading supplier of high-tech solutions in security, mobility and payment, has just opened in Taubaté, São Paulo, Latin America’s first data center for Trusted Service Management (TSM) technology. The unit, which represents a part of the 3.5 million euros to be invested in Brazil, will provide the infrastructure for all businesses that need secure and convenient electronic mobile payment solutions via NFC, including banks, telecom operators and public transportation. Morpho’s Taubaté data center will enable these customers to streamline projects and releases with TSM technology and accelerate their implementation and operation. This will transform the user’s mobile phone into an electronic wallet with various payment and access features.

Commerce Bank Launches Visa Signature Card

Commerce Bank is offering a Visa Signature Rewards credit card to alumni and friends of Southern Methodist University (SMU). The card offers high reward point values and unlimited earnings, as well as no annual fee. Cardholders are able to redeem points for cash, gift cards, merchandise, or travel. Additional Signature rewards and benefits include 24/7 concierge service, exclusive perks, such as special offers on travel, sports, and entertainment, and the Visa Zero Liability coverage. SMU has a current enrollment of more than 11,000 students and an alumni network of more than 100,000 graduates. The SMU Visa Signature card is accepted anywhere Visa cards are accepted.

PSI-Pay Deploys MasterCard PayPass

PSI-Pay e-wallet and payment card issuer announced its contactless payments with its cards in conjunction with MasterCard’s PayPass functionality. PayPass allows PSI-Pay cardholders to make purchases for under $20.00 by tapping the MasterCard or Maestro-enabled card or device over a reader. MasterCard’s PayPass technology is integrated with layers of protection to help prevent unauthorised purchases and contactless payments can be made via cards, and enabled wristbands and watches. Contactless payments are made using a unique encrypted code to secure data and safeguards are also in place to bill only one in case a user taps their card or device more than once by mistake.

Windows Phone Announces Seamless Payments

Seamless payment solution for mobile telephones, SEQR, is to be launched for both Windows 8 and Windows Phone, and will be integrated with Windows Phone Wallet. Seamless was founded in 2001 in Sweden, and now has a presence in around 30 countries. The launch of SEQR on Windows platforms is strategically important in order to consolidate the position of Seamless as the leader for mobile payments. SEQR will be implemented in Microsoft’s app-stores, Windows Store and Windows Phone Store in all Seamless markets in 2013.

B+S Intros Payment Terminals to New Market

B+S Card Service launched its PCI PTS 3.0 compliant VX820 DUET and VX680 payment terminals to the UK market offering its merchants greater speed and reliability for electronic payments. The VX820 is B+S’s premium class, contactless enabled, countertop terminal with an efficient, compact design whilst the VX680 is its contactless enabled mobile terminal that is highly suitable for use in the hospitality sector. The EMV approved VX820 incorporates a large 3.5″ colour touch screen display, integrated contactless reader and PSTN, ISDN and DSL connectivity options. Merchants can accept both MasterCard PayPass and Visa payWave contactless payments, as well as all major credit and debit cards. This includes China Union PayAmerican Express, Diners, and MasterCard and Visa debit cards. The new terminals operate on B+S’s infrastructure providing merchants with fast, secure and reliable electronic payment acceptance.

Travelex, MasterCard and Access Prepaid Intro Multi-Currency Card

Travelex joined MasterCard and Access Prepaid to introduce a new tool for international travelers with the launch of the new Multi-Currency Cash Passport Prepaid MasterCard. The new travel money card is the first of its kind available in the U.S. and can carry up to five foreign currencies simultaneously. The Multi-Currency Cash Passport is sold exclusively at and more than 200 Travelex stores throughout the U.S, including locations in most major airports, cities and key tourist areas. Money can be seamlessly reloaded to the card online or in Travelex stores as needed (subject to card limits). Funds can also be transferred from one currency to another, particularly beneficial to multi-destination travelers.