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

NorsePayments Appoints VP, sales and marketing

NorsePayments appointed Marnie Keller VP, Sales and Marketing. Bringing a wealth of experience in developing sales, marketing and branding strategies for new and existing financial products, she will help to drive sales of future and current solutions, including its flagship nGate payment processing gateway. Other key product lines are eCommerceShield, which protects merchants from e-commerce fraud with three-layer security, and InstantAccept, a breakthrough in helping merchants sync their payment processing with Quickbooks recordkeeping. Keller also will apply her experience in channel sales, partnership development, brand strategy and marketing communications. She was previously VP, Relationship Management and Channel Development for Quatrro Processing Services (QPS), where she developed the channel sales program and pursued partnerships with technology solution providers for the Risk Management and Fraud division.

Fundtech Announces Latest CASHplus Client

Fundtech transaction banking solutions announced First Bank has gone live with CASHplus Version 3.8. The turnkey cash management platform enables First Bank to deliver a scalable, flexible and customizable solution to the bank’s corporate customers. CASHplus provides regional and national U.S. banks with greater operational control and lower costs by centralizing and consolidating cash management on a single platform. First Bank implemented CASHplus Version 3.8 to extend new capabilities to the bank’s small business, mid-sized and large corporate customers. Features include multi-layered security, multi-browser support and enhanced entry screen layouts that even further improve usability.

Harland Financial Sees Strong ePayment Sales

Harland Financial Solutions has announced six new eBill Presentment & Payment deals for June 2013. eBill Presentment & Payment is Harland Financial Solutions’ electronic bill presentment and payment solution for small- to mid-sized billers. eBill Presentment & Payment will enable these financial institutions to offer their small- to mid-size business customers the ability to transform paper-based bills to smarter, more efficient and environmentally-friendly electronic bills that may be paid via online ACH, debit or credit card transactions.

Discover Makes Available Home Equity Loans

Discover Financial Services introduced Discover Home Equity Loans to bridge the gap between its personal loan and home loan products. Originated by Discover Bank, Discover Home Equity Loans offer homeowners the opportunity to simplify their finances, supporting home improvement projects, paying for major expenses, or consolidating debt into a single, fixed monthly payment. Discover assigns each homeowner to a Personal Banker to guide them through the entire process while giving them options to suit their specific financial needs. Homeowners have the ability to select from four payment terms and lock in at a competitive interest rate. Discover’s growing suite of direct banking products includes credit cards, home loans, private student loans and personal loans, as well as checking, savings and money market accounts.

Visa Shows Americans to Spend 40% More Traveling

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Visa Global Travel Intentions Study 2013 shows U.S. travelers crave culture, are tech savvy and plan to significantly increase their travel budget on their next international trip, with 40% more on their next international trip compared to their last trip, opposed to travelers outside the U.S. who plan to increase…

Creative Holidays Deploys WEX Virtual Card Solution

WEX corporate payment solutions announced Creative Holidays has deployed its virtual credit card technology. Creative Holidays will implement the WEX virtual card solution through WEX subsidiary, Wright Express Australia. With single use virtual cards, every transaction uses a unique card number. This one-to-one payment process not only minimizes fraud risk, it also enables companies to more easily track payments, helping boost back-office efficiency, eliminate physical paperwork and reduce bank fees.

Ukrainian Processing Implements Paragon ePayment

Ukrainian Processing Center (UPC) ePayment processing chose Web FASTest from Paragon Application Systems, for their ePayment testing platform. UPC selected Web FASTest because it was the only solution that provided a centralized, web-based testing platform for use by UPC customers, vendors and internal users for certification testing, function and regression testing, and development of new ISO 8583 financial message interfaces. Web FASTest is the hub of UPC’s testing and development program. UPC Member Banks conduct online pre-certification testing and online certification using Web FASTest. Outside developers use the software development kit in Web FASTest to develop and test their own ISO 8583 financial message formats. Internal users employ Web FASTest for functional testing and plan to use it for regression testing, stress testing and building detailed testing reports.

transmodus Wins RDC Client

First Southern Bank is pleased to announce that it has selected transmodus to provide remote deposit capture with its check process automation functionality to its business clients. The transmodus check solution allows First Southern Bank’s clients to utilize one comprehensive system that handles the entire cycle of check processing. With the transmodus solution, a client simply scans a check from his/her location using a remote scanner, and the deposit is processed. The client receives automatic notifications, custom reporting and can monitor every step of the deposit 24/7/365 in real-time.

Chase Implements Isis for Card Reloading

Chase disclosed it “is committed to providing cardholders with a first-rate mobile payments experience. Based on the positive results in Austin and Salt Lake, we are pleased to expand our relationship with Isis and provide Chase cardholders nationwide with another quick, convenient and secure way to use their credit cards for everyday spending while on-the-go.” Chase subsequently plans to allow Chase Freedom, Chase Sapphire, Chase Slate and JPMorgan Palladium cardholders to be able to load their cards into the Isis Mobile Wallet and tap to pay at thousands of retail locations.

ControlScan Launches “Smart” PCI SAQ

Payment security and compliance solution provider ControlScan has announced a new PCI SAQ solution with an all-new “smart” version that significantly simplifies SAQ completion and revalidation for merchants of all sizes. To reduce business risk, ISOs, acquirers and other merchant service providers (MSPs) encourage the merchants they serve to become compliant with the PCI DSS and validate that compliance by completing the SAQ. SmartSAQ is an interactive, cloud-based application that features a contemporary user interface, intuitive question presentation and go-to support tools that save merchants time while boosting their SAQ success rate.

Diebold Announces Latest FCU Deal

Diebold, Incorporated (DBD) and Cash Transactions LLC (CashTrans), a Diebold certified dealer, are helping LGE Community Credit Union transform its branches into efficient environments that combine self-service and personal interactions. The Georgia credit union’s new Roswell-based branch, scheduled to open later this year, will feature four banking stations equipped with customized Opteva automated teller machines (ATMs) and a collaboration area where LGE representatives can interact with members. LGE is working with CashTrans to install Diebold RemoteTeller™ Systems at several branches and allows members to complete teller-like, envelope-free cash and check deposits.

Chase Allows Small-Business Merchants to Accept mPayments

Chase Paymentech merchant acquirer, payment processor and subsidiary of JPMorgan Chase announced the launch of “Chase Checkout” – solutions to help merchants seamlessly accept payments however they do business: in store, online or on the go. Merchants can now securely and efficiently accept card payments from their smartphones with the new Chase Mobile Checkout app and encrypted card reader. Chase Checkout helps merchants accept debit and credit card payments effectively and securely, whether a card is swiped on a merchant’s Apple® or AndroidTM-enabled smartphone, entered online or provided at a retail location. Chase Checkout gives merchants the convenience of working with one trusted provider – with integrated reporting, 24/7 live U.S.-based customer support and a commitment to security- when they accept payments Mobile Checkout; Retail Checkout; and Online Checkout. Chase Mobile Checkout is ideal for merchants who are interested in growing their business by taking payments wherever their business takes them.