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

eGlobal Acquires New ATM Services Business

eGlobal has acquired the assets of The Best There Is Inc. (T.B.T.I.). T.B.T.I. provides ATM services to a number of large hospitality properties around the country. This transaction was signed and closed on May 5, 2014. eGlobal delivers specialized ATM solutions to merchants, distributor partners and financial institutions, enabling and enhancing services they provide to their customers. eGlobal consults with hospitality clients on optimal ATM placement for every location, depending on property type, seasonality and traffic-flow patterns.

Ladbroke’s Integrates SafeCharge’s Payment Technology

SafeCharge International Group Limited (“SafeCharge”), (AIM: SCH), the international provider of payments services, risk management and IT solutions for online businesses and Ladbrokes plc, a leader in the global betting and gaming market, today announces that Ladbrokes has successfully deployed SafeCharge’s suite of payment technologies including: one-click deposits, payment optimization and PCI compliance solution thereby enhancing users’ online payment experience and user-data security.

ACI Worldwide Addresses The Payments Disruption Opportunity in EMEA

ACI Worldwide electronic payment and banking systems’ conferences are preeminent customer events with senior IT and business leaders from leading financial services, processors and retail organizations. This year’s EMEA event, May 13-16 in Lisbon, Portugal, brings together many of the region’s industry thought leaders to hear more about the Disruption Opportunity”how financial experts, retailers, and technology leaders are navigating a disrupted payments landscape, preparing for the future and prospering. Additional sessions will focus on all aspects of the payments industry, including wholesale payments, online banking, merchant acquiring and card issuing, as well as ATM driving, payments fraud, retailer payment processing and mobile. ACI extends thanks to this year’s EMEA sponsors, including: HP, IBM, Integrated Research, Phoenix Interactive, Stratus Technologies, Thales e-Security, XYPRO Technology, Bell ID, Futurex, Polar Moment and Spectrum.

i2c Executive to Address Delegates at Cards & Payments Middle East

i2c GM, International, Scott Salmon, will be in Dubai next week addressing the Cards & Payments Middle East conference. With prepaid card usage surging in the Middle East, the topic of prepaid profitability has become a key focus of bank and financial services executives in the region. Mr. Salmon’s session is designed to provide targeted and actionable tips for helping prepaid programs attain profitability quickly. The session is based on a white paper released by i2c called “The New Approach to Managing Prepaid Programs”. Interested parties may obtain a free copy of the paper by downloading it from the i2c website or by visiting the i2c stand in the Cards & Payments Middle East exhibition hall.

Digital River Announces New Client

Digital River Commerce-as-a-Service solutions signed a global payments agreement with Morinda, Inc., a direct-selling company that markets nutritional, health and wellness products. Morinda is using the Digital River World Payments solution to build a localized European payments program that supports online sales of its lifestyle products across Russia, Hungary, Latvia, Lithuania, Poland, Romania and the Czech Republic. The Digital River solution will offer Morinda customers online credit card payments in seven different local currencies. Through Digital River World Payments, Digital River offers online merchants more than 180 international and local payment options, and over 170 transaction and display currencies. In 2013, the company processed more than $30 billion in online transactions.

Visa / MasterCard Q1 US GDV

General purpose payment card activity on the world’s two largest networks rose 7.6% year-on-year (Y/Y), but down 1.8% quarter-to-quarter (Q/Q) in the first quarter of this year (Q1/2014). The Gross Dollar Volume (GDV) reported by Visa (VS) and MasterCard (MC) for Q1/2014 came in at slightly over $1 trillion, compared to $1028 billion in the prior quarter and $933 billion in the year ago quarter.

U.S. Bank Exec Selected for Distinguished Payments Professional Award

Pamela Joseph, vice chair at U.S. Bancorp and head of the company’s payment services division, was recently honored by the Electronic Transaction Association with the 2014 Distinguished Payments Professional Award. Joseph is recognized not only for her business acumen but as a thought leader on the role financial institution play in the evolving payments industry. In addition to her daily business activity, Joseph leads the Women Leaders in Action (WLA), a women’s resource group uniting women across U.S. Bank Payment Services with a mission to provide support for community-based programs. The Distinguished Payments Professional award is intended to recognize an industry leader, acknowledged trend-setter, role model, and positive contributor to the efficacy and overall image of the industry.

Interac Debit Fraud

Thanks to chip technology and fraud detection, debit card fraud losses in Canada reached a record low last year, declining 23% year-on-year (Y/Y) and sinking 79% (Y/Y) after peaking in 2006. Interac reported debit card losses climbed from $94.6 million in 2006 to a record high of $142.3 million in 2009 and then reversed course in 2010, declining to 2013’s record low of $29.5 million.

Better ATM Services Announces Senior Leadership Changes

Better ATM Services announced changes to its leadership team to accelerate the company’s plan for profitable growth. Howard Green will assume the role of Acting President and Chief Executive Officer. He will be leading Better ATM Services’ next phase of growth with a particular focus on go-to-market strategies, creating new product commercialization opportunities and expanding leadership resources. In addition, technology industry standouts Mark Olson and Dan Perez are joining Better ATM Services’ Board of Directors. Current President and CEO Todd Nuttall will assume the role of EVP, Enabling Technologies.

Mobile POS, NCR Silver Simplifies Accounting

NCR Corporation announced NCR Silver iPad POS system for small business has been integrated with Retail Intel, a cloud-based service that automatically pulls sales data directly from the NCR Silver platform to QuickBooks®. By eliminating the need for time-consuming daily journal entries, the integration will save businesses countless hours on manual tasks and significantly improve operational efficiency and accuracy. It helps Shift Management and Cash Reconciliation, Time Clock management and offers Multiple Tax Options.

Heartland Board Authorizes $75 Million Share Repurchase Program

Heartland Payment announced that its Board of Directors has authorized a new $75 million share repurchase program. Repurchases will be made in accordance with applicable securities laws in the open market or in privately negotiated transactions. The new authorization is a result of the completion of an existing program, which went into effect effective on November 6, 2012, under which the company repurchased 1,667,983 shares of its common stock at an average price of $29.98 per share.

Citi cardholders can now pay bills with reward points

Citi cardholders can use ThankYou® Points for their bill payments. Citi ThankYou® Rewards members can earn ThankYou Points across their Citi banking and credit card relationship and use these points to pay virtually any bill online including phone, cable and electricity. Citi ThankYou Rewards members can use their ThankYou Points – and their ThankYou enrolled consumer checking account – to pay bills online.