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.

Banco del Bajío Implements Ingenico Terminal Tech

Ingenico announces its latest client, Banco del Bajío Bank implemented its smart terminals as part of the bank’s nationwide update and expansion of its installed base. As part of that expansion BanBajío has deployed Ingenico countertop and wireless smart terminals across Mexico to offer customers secure payment. The solutions feature the most advanced payment technologies (including NFC/contactless) and satisfy the latest transaction security requirements.

GlobalPlatform Announces New Systems Committee Chair

GlobalPlatform announced Bruno Benteo, Vice President Innovation at Morpho Business Solutions Division, has been appointed as its new Systems Committee Chair. The GlobalPlatform Systems Committee defines open specifications that can be used for the back-office infrastructure for the deployment and management of one or more embedded applications on secure chip technology. Within his role as the Systems Committee Chair, Bruno will drive the ongoing work of the group to develop an end-to-end simplified framework. Over the next 12 months Bruno will lead the Systems Committee’s efforts to advance the GlobalPlatform Compliance Program to certify the functional behavior of a product against the requirements outlined within the end-to-end framework. In addition, the Systems Committee is developing an end-to-end testing program, which tests all elements of an end-to-end solution including the SE, handset and point of sale, to ensure that an application can be securely deployed in a mobile handset and perform for the end user as specified.

Payleven Announces New Ppricing Model

Payleven m payments company dropped its fixed pay-as-you-go transaction fees for their UK customers that process more than £2,500 per month. With the new pricing model, transaction fees start at 2.75% and drop to as little as 1.5% in three simple steps. The more card payments a merchant processes, the lower the fees. A small business, which processes more than £2,500 per month and less than £5,000 using payleven, will pay transaction fees of 2.25%. When processing more than £5,000 and less than £7,500 per month fees will decrease to 1.75% and when processing over £7,500 per month fees will decrease to 1.5%. The rate reduction applies to all current cards accepted by payleven and the transaction fee is automatically calculated. Cost savings will directly be paid back to the customer the following month.

BPC SmartVista Announces Latest Client

BPC Banking Technologies announced Saigon Hanoi Bank (SHB) acquired HabuBank to now operates a network of 250 branches, 250 ATMs and over 500 POS-terminals. The migration of HabuBank’s payment channels and cards to SmartVista was subsequently completed in only three months entirely by SHB staff. The Bank has subsequently launched a number of new initiatives powered by SmartVista, including more POS services as part of SHB’s merchant program.