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.

Barclaycard Launches Barclaycard TV Highlighting Benefits

Barclaycard has introduced a new component to its website that will host accessible and informative videos illustrating how different individuals use specific online mybarclaycard services to make their lives easier. Barclaycard TV will be an additional channel on the brand’s website hosting a variety of straightforward videos demonstrating the benefits of mybarclaycard, an online servicing platform that allows customers to digitally manage their accounts. The inaugural three videos on Barclaycard TV show real life examples of how different people can use mybarclaycard to their advantage according to their specific needs and lifestyles. In one video, a family heading out on holiday discuss how they used the service to manage their spending wisely. They set a balance limit to alert them when they’ve hit a certain amount, and explain how easy and quick it is to recover a forgotten PIN. In another video, a couple moving in together are faced with a long list of items needed to furnish their new home. The third video peeks into the life of a busy cab driver, exploring how he feels greater control and security by being able to access his accounts and pay his bills on the move.

FIS Amends Existing Credit Agreement

Fidelity National Information Services completed an amendment to its existing credit agreement. The transaction resulted in the increase of FIS’ revolving loan capacity by $850 million to $2.0 billion and the amendment of certain terms and conditions, including the removal of provisions regarding the granting of collateral by FIS and its subsidiaries. The unsecured credit agreement totals $4.0 billion in the aggregate, including $2.0 billion of term loans and $2.0 billion of revolving loan capacity. The maturity of all obligations under the amended credit agreement remains unchanged at March 30, 2017.

CO-OP Financial Services EMV Certified

MV-enabled Visa debit cards functioned successfully in at least six countries for members and staff of Bank-Fund Staff FCU, with online transaction processing performed by CO-OP Financial Services. CO-OP has passed EMV certification with Visa, based on its work with Bank-Fund Staff FCU as the test credit union. Bank-Fund Staff FCU tested CO-OP’s Phase I processing solution of online EMV transactions from a contact EMV card. Bank-Fund Staff FCU issued 11 EMV-enabled Visa debit cards to members and staff during the pilot EMV period, which extended from late December to early April. This is the first step in the credit union’s overall EMV strategy.

When Will Americans Learn to Manage Credit?

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The ever-predictable American consumer is back at it. After having cut the overall consumer credit card debt by over $200 million during the past four years from the brink of the $1 trillion mark, Americans are pulling out the plastic once again. Why you ask? Because the economy is showing the…

Global Payments Partners SaaS Markets on App Store

Global Payments launched a new website providing their customers with a secure Customer Centre and a new App Store that gives access to pre-qualified technology tools, educational resources and free trials, each of which is designed to make doing business easier and more cost effective. The App Store has been developed in collaboration with SaaS Markets, a leading business app store platform provider. Customers of Global Payments in the UK can use the App Store to easily access valuable tools to help them run their business operations. The apps allow customers to automate their businesses and to reduce the cost of buying and deploying hardware and software.

Shanghai Huahong Joins GlobalPlatform association

GlobalPlatform announced smart card and information security chip solution supplier, Shanghai Huahong Integrated Circuit Company Limited as its latest Observer Member. In joining GlobalPlatform at Observer level, SHHIC will participate in market-specific task force discussions, with particular reference to the management of secure chip applications deployed within the mobile services sector.

USA Technologies To Demonstrate Cashless Payment Devices

USA Technologies will be demonstrating two new cashless payment devices at the NAMA OneShow to be held in April 24-26. USAT’s latest devices for cashless payment and telemetry”the ePort® G9 and ePort® G10″are designed to bring greater functionality and value to business operators as they optimize their cashless payment platforms to develop new sales opportunities and greater operational efficiencies. The ePort G9 represents a redesigned, feature-rich offering for USAT’s popular JumpStart program. It will include all of the functionality of USAT’s NFC-enabled ePort G8, plus new features designed to bring more value to businesses through expanded acceptance options, consumer engagement offerings, and advanced diagnostics. The G10 will also include EMV contactless L1; Contactless payment L2; Mifare, ISO14443; NFC, ISO18092; and EMV Contact L1/L2, among a host of others.

Clear2Pay & Earthport Partner on Clearing

Clear2Pay next generation payment solutions for financial institutions is partnering with Earthport cross-border payments service provider, on low value clearing capability for its US client base. With the OPF Earthport Connect module, clients of the Open Payment Framework (OPF) will have out of the box connectivity to Earthport’s global payments infrastructure in over 50 countries. Earthport offers seamless clearing and settlement for low value payments in over 50 countries. Clear2Pay clients can now implement predefined connectivity with Earthport’s cross-border payments service.

Boulder Valley FCU Deploys Tyfone mBanking

Boulder Valley Credit Union implemented Tyfone’s ( mobile financial services to enable next-generation mobile banking services for its member customers. With an integrated strong ID authentication mobile security and NFC contactless payments, BVCU can now offer its members a convenient, secure and integrated mobile banking solution. Tyfone’s mobile banking solution offers a complete range of features for banking customers. In addition to standard mobile banking features, such as checking balance, account history review, fund transfers, branch and ATM location lookup and customizable alerts, Tyfone’s multimode mobile banking solution offers convenient features. These include Mobile Remote Deposit Capture (mRDC); Person-to-Person (P2P) payments; Bill pay integration; and m-banking enrollment of non-PC bankers.

ACI Launches Universal Payments Platform

ACI Worldwide international provider of payment systems made available its own “Universal Payments Platform.” This new platform empowers organisations to achieve true end-to-end enterprise payments. This approach accelerates time-to-market, reduces risk, drives revenue growth and increases operational efficiencies. The “Universal Payments Platform” is at the core of ACI’s Universal Payments (UP) strategy, focused on equipping financial institutions, payment processors and retailers to transform their traditional payments environments to address emerging opportunities, including mobile, social media and web payments.

Agilysys Improves Lodging Management System

Agilysys hospitality software solutions made available its improved “Lodging Management System” (LMS) property management solution, on display at HITEC 2013, June 24-27. LMS is a comprehensive property management solution that leverages web services to deliver maximum flexibility and ease of use. Recognized as the hospitality industry’s most powerful and highly available property management system, the solution automates every aspect of hotel operations ” from reservations and credit card processing to accounting and housekeeping. Its versatile foundation easily expands to incorporate modules for activities scheduling, attraction ticketing, food and beverage sales, online reservations, remote check in, spa scheduling and more. LMS also interfaces guest player accounts to the hotel booking engine for evaluating comp decisions. Agilysys also is making available new folio transfer options; the bility to attach bill codes to LMS meal plans; guest search options; and passport scanning capability.