Mobile Procesos
MasterCard Peru acquirer, Procesos de Medios, will deploy EMV-capable mobile point of sale (mPOS) terminals from VeriFone, over the next two years.
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
Paul Galant
CardWeb.com’s CardExecs database of card industy movers and shakers today features Paul Galant, Chief Executive Officer of VeriFone. The company has 5,600 employees worldwide and delivers payment solutions in 150 countries and across vertical markets.
Nok Nok Trusted UI
Palo Alto, CA-based Nok Nok Labs has added a Trusted User Interface (Trusted UI) capability to the FIDO-Ready NNL S3 Authentication Suite. The new solution, delivered with Trustonic’s ARM TrustZone-based Trusted Execution Environment (TEE), provides strong security across mobile payments, m-commerce and the entire payments ecosystem.
Kid Games Payments
Oink, the safe payment technology for families, has partnered with Funcom , control to in-game payments. Funcom has developed and published over 25 game titles across several genres and gaming platforms.
GPN OpenEdge
Global Payments says it is rebranding its global integrated solutions division to OpenEdge. This new division will drive innovation through the integration of advanced payments technology.
Walgreens Balance Financial
The nation’s largest drugstore chain is adding a new Western Union stage-and-pay kiosk to streamline the money transfer process. The new service will expand Walgreens Balance Financial platform which already includes a prepaid card.
beanstream sprout POS
Digital River’s beanstream and sproutPOS mobile point-of-sale (mPOS) solution will include support for Apple Pay. The mPOS solution will also support magnetic stripe, EMV (chip and PIN) transactions, and contactless credit and debit card payments.
EVO Snap Connect
NY-based EVO Payments’ integrated payments division, EVO Snap, has a new marketing services platform that helps omni-channel retailers attract new customers, as well as increase shopping frequency and spend of existing consumers.
PayPal & eBay
eBay plans to separate the company’s eBay and PayPal businesses into independent publicly traded companies next year. eBay also put Dan Schulman in charge of overseeing the PayPal break-off. PayPal has more than 152 million active registered accounts.
Swipe Fees
The Merchants Payments Coalition (MPC) a/k/a UnfairCreditCardFees.com, says debit-card swipe fee reforms have saved consumers nearly $18 billion over the past three years and merchants have created more than 100,000 new jobs.
Breach Concerns
A new study has determined the security of credit and debit card information is a bigger concern for consumers than their health, retirement savings or losing their cell phone. Interestingly the survey found more than one-fifth of respondents stated they do not feel secure when paying with debit cards at retail establishments.
Gift Cards & Retailers
A benchmarking study on the retail gift card industry finds Sephora as ranking at the top. Starbucks ranked as number two and The Home Depot as number three.