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.

New Bank Implements EFT Source Card Issuing

EFT Source turnkey card programs and personalization services for ATM and debit cards for financial institutions, announced that Centier Bank launched its patented instant issuance solution, “Card@Once.” Allowing Centier’s customers to walk into a branch and receive a fully functioning, active payment card, “Card@Once” ensures the data is securely transferred from the branch location to EFT Source. Immediately processed and converted into an encrypted print file that is sent back to the branch electronically, “Card@Once” encodes the data and prints the card allowing the customer to walk away with a ready-to-use, active debit card. The cardholder can immediately use the card and self-selected PIN at the onsite ATM, giving them added confidence that the card works on the spot.

Visa Appoints New President, Global Solutions Lead

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa announced the appointment of Ryan McInerney as President to ultimately oversee global client organization, product management and new solutions. To focus on building and bringing to market new products and services to Visa’s issuer, acquirer and merchant clients. McInerney joins Visa from JP Morgan Chase where he was the CEO…

Diebold Installs Ground Breaking TouchScreen ATM

Mellon Bulgaria EAD payment solutions and outsourced services installed for Teximbank the latest Diebold Opteva® series ATMs. Running on Agilis software, the ATMs are equipped with the latest touch screen technology to replace the traditional screen tactile buttons and are the first to be installed in Bulgaria. This new ATM confirms the position of Mellon Bulgaria EAD as a technological innovator in this field. Opteva ATMs help financial institutions provide a level of service closer to a branch experience by enabling additional functionality including deposit automation, advertising and other advanced banking transactions, such as printing on passbooks to record consumers’ transactions.

Elisa Implements Savantor mPayments

Savantor strategic, business and technical expertise to the payment industry announced its involvement in the successful launch of the innovative new contactless payment method offered by Elisa mobile network operator. To achieve the objective of launching the new product, Elisa recognised their requirement for additional expertise in new payment technologies. Savantor, as experts in the payment cards market, were selected to assist with Elisa’s fast-moving new payment initiatives providing the framework and necessary know-how to successfully undertake the programme. The new service includes an application on the mobile for contactless payments, separate online payment cards, an online and mobile payment application as well as money transfers between users, developed in collaboration with MasterCard and utilise MasterCard PayPass™ technology.

Monitise Sees 60K subscribers to New BBM Money Service

Monitise announced the early success of BBM Money, the P2P mobile payments service launched through its Joint Venture with Astra International in partnership with PT Bank Permata Tbk (PermataBank) and BlackBerry. Since going live at the end of February 2013, the service has attracted more than 60,000 registered users towards its end of 2013 target of 200,000. BBM Money gives BlackBerry Messenger (BBM) customers in Indonesia the ability to instantly create and access a Mobile Money account from their BlackBerry smartphone and make real-time payments to their BBM contacts who are also signed up to the service, at any time from wherever they are. The simple and secure service also enables users to buy mobile airtime credit and transfer money to bank accounts.

NCR Installs First EMV Compliant ATM in U.S.

NCR Corporation has begun upgrading ATMs at People’s United Bank with the new consumer card security technology, in conjunction with Vantiv and Pendum, and the first EMV ATM in the US is officially in service. The first upgraded ATMs are the People’s United Bank ATMs located at their 250 Park Avenue, New York, branch. The upgrade includes an upgrade to the card reader hardware inside the machines as well as a software upgrade. Since 2011, NCR has been shipping all SelfServ™ ATMs with smart card readers as standard. Globally, 36 percent of cards and 65 percent of terminals in deployment run using the EMV standard. Vantiv became the first U.S. acquirer to complete MasterCard’s testing requirements to process EMV transactions for MasterCard, Maestro and Cirrus brands at both ATM and at the point-of-sale locations.

TNS Intros Telco-Based Verification

Transaction Network Services (TNS) added to its “TNSVerify” product suite a solution to help reduce risk and fraud in the US payments and financial services industries. Professionals managing fraud, risk, and compliance challenges for brick-and-mortar and online companies, can benefit from unique telecommunication data insight and capabilities in a single solution thanks to TNSVerify. TNS has partnered with leading mobile and landline telecommunications providers who together, recognize the inherent problems and risks associated with establishing identity in response to the defective grey market phone subscription data currently serving the identity verification market. The “TNSVerify” solution boasts the highest security levels. TNS can reference accurate and current information through its extensive relationships with over 1,100 telecommunications companies, including many of the US’ largest mobile, VoIP, cable and landline telephone service providers.

Chase Enhances United MileagePlus Explorer Card

Chase Card Services announced all purchases made with the United MileagePlus Explorer Card outside of the U.S. will no longer be subject to foreign transaction fees. A cardmember spending $3,000 while traveling outside of the U.S. would save $90. This enhancement adds to the other unique benefits, such as a free checked bag, priority boarding and two United Club® passes per year, that MileagePlus Explorer cardmembers already enjoy. Cardmembers and up to one traveling companion will receive their first checked bag free on United operated flights when they purchase their ticket with their card- worth up to $100 per roundtrip. Service charges for additional/oversized/overweight bags will apply. Cardmembers also board prior to general boarding, so they have earlier access to overhead space and can relax as the rest of the plane boards and earn 10,000 additional bonus miles after spending $25,000 or more on the Card each calendar year. Acquires Mobile Start-up Company acquired Giftly mobile gifting app to build a digital and mobile commerce platform in the $110 billion gift card industry. commands strong positions in both the plastic and digital gift card spaces and prints on-demand custom gift-cards in its own facility. It offers personalized, pre-designed, virtual, local, group, and discount gift cards. Meanwhile, Giftly lets consumers buy and deliver digital gifts via its website and free app. Giftly has pioneered a new platform for gift cards which sends gift credits to recipients when they redeem a gift, rather than issuing plastic cards, and requires no point of sale integration.

Direct Pay with ACH Now Leads Consumer Bill Pay

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Direct Payment via ACH is the leading method consumers use to pay their bills, offered through 75% of billers which provide electronic payment options. Now 50% of consumer bills are paid through this method while only 42% consumer bills are still paid through the mail and 11% are paid with credit/debit…

EMVCo Welcomes China UnionPay Membership

EMVCo announced China UnionPay as its latest member. UnionPay now has an equal interest in the standards body. EMVCo’s management structure has been amended to accommodate UnionPay representation on the organisation’s Executive Committee and Board of Managers, in addition to equal participation in its working groups. EMVCo stakeholders can now engage with the standard body’s newest member.

CommBank Deploys Aimia Real-Time loyalty Offers

Welcome Real-time innovative loyalty solutions announced that it is working with Aimia to deploy its Welcome XLS solution for the Commonwealth Bank of Australia’s(Commonwealth Bank) Awards credit card loyalty scheme. The technology is being hosted by Aimia, who works closely with the bank to develop the loyalty scheme. The Commonwealth Bank recently expanded its Awards credit card loyalty program so that the bank’s 1.3 million Awards members can redeem points instantly nationwide, at one of Australia’s favourite retail department stores, on the items of their choice from fashion to electronic, beauty and home products.