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

RewardsNOW to Address CO-OP Conference

Andrew Gates, Director of Strategic Partnerships, and Heidi Young, Sales Director for RewardsNOW, Inc., will be speaking at THINK 14, CO-OP Financial Services’ annual credit union conference being held in New Orleans. The annual THINK conference is designed to assist credit unions in adapting to an ever changing consumer and competitive environment and covers topics such as innovations in member service, technology and branding and each year provides attendees with a variety of speakers and sessions that offer fresh perspectives and concrete solutions for them to bring back to their credit union.

MoneyGram Launches \”Cash to ATM\” Solution

MoneyGram global money transfer and payment services and DSK Bank introduced its “Cash to ATM” service. The new service allows DSK Bank debit card holders to receive MoneyGram transfers in BGN at more than 850 DSK Bank ATM terminals. Remittances from Bulgarians working abroad totaled $1.6 billion in 2013. The most active corridors for sending money transfers to the country are Spain, the United Kingdom, Germany, Greece, Italy, the USA and Turkey.

CashStar to Speak at Retail Payment Innovations Summit

CashStar will join a panel of experts at All Payments Expo (APEX) Europe to help attendees understand and leverage the convergence of the payments, mobile, retail and marketing worlds during the session titled, APEX Europe brings together executives from diverse industries to build the next generation of prepaid, retail payments, emerging technologies and alternative financial services. APEX Europe is co-located with Retail Payment Innovations, a one-day event focusing on retail innovation and payment technology. During this panel discussion, attendees will gain real world insights from merchants’ approach to payments and commerce in an omni-channel environment. Panelists will discuss how they are approaching potential partnerships and investments across their channels.

Bitcoin integrated into Toshiba’s VisualTouch

BitPay announces a partnership to integrate bitcoin acceptance into VisualTouch, Toshiba’s premiere POS Software Solution. Toshiba VisualTouch is a complete point of sale system that provides the advanced POS functionality needed for business management. VisualTouch POS is used in the Hospitality, Food Service, Grocery, Retail and Concession industries with a combined install base of more than 6,000 unique customers and some customers having up to 1,600 locations each.

iPayment Posts 1Q/14 Revenue Up 1.4%

iPayment posted 1Q/14 results, having processed $5.2 billion in total transaction volume, a 1.2% decrease from the same period in 2013. In the first quarter of 2014, the Company processed 80.4 million transactions, an increase of 1.0% from the first quarter of 2013. Total revenues increased by 1.4% to $158.1 million for the first quarter of 2014 from $156.0 million for the first quarter of 2013. This increase was primarily due to higher volume per merchant, partially offset by a lower number of merchants on file during the first quarter of 2014 versus the first quarter of 2013.

Inside Secure Launches HCE Payments App

Inside Secure announces at Cartes America the launch of a white-label Android application for Host Card Emulation (HCE) based payments.The new MatrixHCE product enables mobile payment application providers to accelerate time to market by using the pre-validated HCE payment functionality. It includes the highest level of software security to defend against any attacks in the hostile mobile environment. Introduced on Android 4.4 (KitKat), Host Card Emulation (HCE) allows for contactless payments (and other services including loyalty programs, building access and transit passes) to be made directly between the consumers’ bank mobile application and the retailers point-of-sale, using NFC technology. It allows sensitive data used to facilitate transactions to be stored on, and accessed from, cloud servers rather than a mobile device and without the use of a hardware secure element.

MC Payment Processing Center in UAE

MasterCard announced it will provide integrated processing services to customers across the Middle East and North Africa (MENA) through an end-to-end, multi-brand cards and payments processing center located in the UAE. The center will help customers respond rapidly to changing consumer needs, drive adoption of innovative technology and increase efficiency. Its opening highlights MasterCard’s commitment to bring global expertise closer to customers in local markets.

Revention Integrates LevelUP Payments Platform

Revention Point of Sale Solutions is pleased to announce their integration with LevelUp, a progressive mobile loyalty and payments platform that uses QR code technology to execute mobile transactions via Smartphones. The flexibility of the LevelUp mobile application allows for seamless integration with a wide range of restaurant industry concepts -from quick service to full service fine dining and everything in between.

Mollie PSP Accepts Bitcoin

Mollie payment service provider has added Bitcoin acceptance to its offering of online payment methods. This addition allows thousands of online merchants to start accepting Bitcoins immediately without the need for further integration. Mollie accepts the Bitcoin equivalent of the transaction amount and credits the online merchant’s euro account within two working days. The Bitcoin-Euro exchange rate is fixed at the time of payment and this amount as well as the payment is guaranteed.