Robert McKinley, Senior Analyst/Editor Robert McKinley, with 33 years experience covering payment cards and payment systems, is Senior Analyst/Editor for CardFlash and other payments-related publications. He is the retired founder and chief executive of RAM Research, CardWeb and CardTrak. McKinley served as an expert witness in 100+ litigations including two multi-$billion trials, testified before the U.S. Congress, chaired multiple payments conferences, hired as consultant by Fortune 100 companies and several overseas financial institutions. Full Bio: www.rbm4.com

LendingTree Introduces Personalization Platform

LendingTree launched its personalization platform, providing consumers with completely free credit scores and analysis, access to monthly updates, detailed account insights and proactive, market-based offers to illuminate potential savings opportunities across multiple loan categories. Once a free account is created at LendingTree, users are provided with their current credit score using VantageScore 3.0. Introduced in March of 2013, VantageScore 3.0 is the first credit score model to be built on post-recessionary data, and it has the ability to generate a credit score for 30-35 million more consumers than traditional credit scoring methodologies. The VantageScore model is a tri-bureau credit scoring model that is uniquely able to be deployed at all three national credit reporting companies (CRCs), Equifax, Experian and TransUnion, resulting in more consistent credit scores and less confusion among consumers.

MasterCard Announces EMV Personalization Validation

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] UL qualified its Collis EMV Personalization Validation Tool through MasterCard. Professional testing of personalized MasterCard EMV/PayPass cards is essential to ensure global card acceptance. In addition, debit MasterCard cards issued in the U.S. must support the MasterCard AID and the U.S. Maestro AID in order to fulfill unaffiliated network routing requirements…

Iris Analytics Appoints Chairman

Iris Analytics GmbH Promoted its Managing Director to Chairman. Hanns-Michael Hepp will oversee the prevention and control of electronic payment fraud in his new role. He helped established IRIS Analytics GmbH in 2007. Hepp also helped develop IRIS. His first significant involvement in the German banking industry was to establish credit cards as a mass market product in Germany. During his tenure as Head of Banking Sales at GZS Gesellschaft für Zahlungssysteme mbH, the niche product consisting of 230,000 cards issued in 1984 to 4 million cards in 1993, making MasterCard the dominant credit card in Germany. Hepp has published several scientific papers on fraud prevention and risk control, and pioneered the practical use of artificial intelligence techniques to fight payment fraud in real-time. He previously served on the MasterCard International Security Committee between 1993 and 1997.

MoneyGram Announces Canada Post Contract Extension

MoneyGram money transfer and payment services company and Canada Post extended their agreement to provide MoneyGram services at Canada Post locations through 2020. Through this collaboration, MoneyGram will continue to offer fast and convenient money transfer services at more locations in Canada than any other provider. In addition to domestic and international money transfers, MoneyGram also offers bill payment services at Canada Post locations, providing consumers the ability to make payments for necessities such as phone services, home mortgages or automobiles.

TSYS Announces PRIME 4 Contract

TSYS announced it has upgraded to its PRIME 4 card management solution for C. Hoare & Co independent private bank. This will support the bank’s Visa credit and debit card portfolios C. Hoare & Co. is one of the financial institutions across 70 countries that license TSYS PRIME issuer or acquirer solutions. The bank has been a TSYS client since 1992 and upgraded from an earlier version of the platform in order to take advantage of PRIME 4’s future-proof architecture, integrated workflows, increased automation and richer functionality.

Fundtech unveils wireless card processing terminal

Fundtech launched Mobilescape VX, a device upgrade for its Mobilescape wireless card processing solution. The hardware combines Verifone’s VX 680 POS hardware with Fundtech’s software, transaction processing, wireless service, and customer support. The new handheld terminals include a color touch screen and an ARM11 processor, as well as compatibility with the web-based Mobilescape Manager platform. Mobilescape VX provides U.S. businesses with traveling sales personnel the capability to accept card payments from anywhere via a small, portable device that is compatible with the AT&T cellular network.

Visa Tech Ctr

Visa moves 500 employees to downtown San Francisco to hobnob with payment innovators. The centerpiece of One Market will be an innovation center designed to provide an immersive experience for clients and partners, where they can interact with Visa subject-matter experts, and explore new products and technologies that advance the payment experience in areas such as mobile, security and cloud-based technologies.