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

CARTES America 2014 to Address Payment, Security and Identification

The keynote speakers at CARTES America 2014 will share their deep industry experience and vision for online, mobile and contactless payment, and digital security and authentication solutions at the upcoming conference and exhibition, May 13-15 in Las Vegas, Nev. The five keynote presenters are Patrick Gauthier, head of emerging payments at PayPal; Ben Milne, CEO and founder of Dwolla; Dominique Piotet, CEO of Rebellion Lab; Steven Singer, CEO of ABnote; and Patty Walters, senior vice president of merchant products at Vantiv. The three-day conference is organized into a series of session tracks, with a roster of more than 80 speakers and more than 50 educational programs and presentations, addressing the key issues and market opportunities across the mobile payment, identification and biometrics, mobile security, near field communications (NFC) and Europay, MasterCard and Visa (EMV) deployment markets. CARTES America 2014 attendees can choose from a one or three day full conference pass or a one or three day event pass.

Square launches Pickup, Register Offline, and Inventory Tracking

Square announced three new ways for sellers to drive more customers to their business and simplify their operations. Square Register is a powerful service offering sellers of all sizes and kinds easy, yet sophisticated technology for creating the best customer experiences and running their business.Research shows that food and beverage is the second most popular category among purchases made on smartphones. And studies show that more people are preferring to use their smartphones to pay for their purchases. Square is helping local business owners match these trends and connect with customers.The new pickup feature on Square Market integrates perfectly with Square Register so sellers can fulfill customer orders in-person and online. Now sellers can run their rush hours efficiently and provide a better customer experience. The pickup feature is available to all sellers at a competitive 8% processing fee per order with an introductory offer at 2.75% through July 1, 2014. Consistent with all of Square’s tools, access and setup are free, and sellers receive payment the next business day.

oti Expands Mass-Transit Ticket Machines for Pre-Paid Phone Card Refill

On Track Innovations NFC and cashless payment solutions, has expanded the capabilities of the 84 transit ticket vending machines operated by its electronic ticket systems subsidiary, ASEC S.A. Integrated oti NFC contactless card readers now allow travelers and commuters to easily use any NFC-enabled credit/debit card or mobile device to recharge their pre-paid phone cards issued by Mobile Network Operators (MNO) in Poland. Currently supported pre-paid cards include those issued by T-Mobile, Heyah, Play, Plus, Orange, NJU Mobile and Lycamobile. The machines accept traditional credit/debit card and cash payments and will also support oti’s new WAVE device that makes any mobile device NFC-capable. The ASEC automated ticketing network has enabled more than 62 million trips on the Mazovia Railway. Revenues generated from this new capability for refilling pre-paid phone cards are included in the estimated $4.7 million transaction fees revenues for the Mazovia Railway System over five years as was announced by oti in April 2013.

Monitise Appoints Non-Executive Director

Monitise announced Tom Houghton has been appointed as a Non-Executive Director. Visa Europe’s new nominated director to the Board of Monitise, Tom heads the Core Payments division of the business. He joined Visa in 2011 as its Head of Processing, which accounts for 35% percent of the business’ overall revenue. Tom has spent a lifetime working in the payments industry, starting out in the retail sector. He worked for a major US merchant retailer running development and deployment for in-store point-of-sale systems, merchandising, inventory, and distribution applications. He then moved to electronic payments group ACI Worldwide, where he spent 21 years in a variety of roles in both North America and Europe, leading product management, product development, customer support, sales and services divisions.

HyperWallet Launches Direct Payment Services

hyperWALLET global payment solutions, announced the availability of new low-cost direct-to-bank payment services in Malaysia and Chile. Many global corporations are active in these rapidly growing economies and need to pay people locally in a cost-effective and timely manner. hyperWALLET has addressed this problem by enabling fully-compliant direct-to-bank transfers in both countries in local currency, within 2-3 business days. Powered by hyperWALLET’s global payment platform and extensive financial networks, corporations can easily make mass payouts while providing payees with flexible in-country payment options. hyperWALLET also enables payees to receive payments on brandable prepaid debit cards, or as cash at any Western Union agent location across both Malaysia and Chile.

VeriFone Edition of First Data TransArmor

VeriFone Systems, Inc. and First Data Corporation announced today the launch of the VeriFone edition of the First Data® TransArmor™ solution for U.S. multi-lane and petroleum merchants. The TransArmor, VeriFone edition, is an end-to-end encryption and tokenization solution that is a result of a partnership between VeriFone and First Data to address retailers’ need for enhanced payment security.

ACI Launches SaaS-Based EMV Lifecycle Management

ACI Worldwide announced the availability of its EMV lifecycle management solution, ACI UP Token Manager, as a Software as a Service (SaaS) offering for US debit issuers. ACI is the first vendor to offer a SaaS-based EMV lifecycle management solution, which comes on the heels of the US debit industry recently banding together on EMV deployment decisions, particularly for debit issuers. A SaaS-based EMV lifecycle management solution will enable issuers to dynamically modify and configure parameters for customers, enabling differentiation in the marketplace. ACI’s flexible new solution offers rich business functionality, delivering peace of mind to issuers by providing the benefits of an in-house deployment for data preparation. Unlike typical outsourced offerings, this cost-effective solution provides considerable value added services, such as online access to card, chip and application data for customer support as well as the ability to provide card supplier independence.

RAIL Payment To Support EMV Payments

Viableware, innovators of the RAIL today unveiled an updated version of its RAIL payment device that accommodates for the use of EMV smart card payments. The enhanced RAIL device is engineered to accept any chip-based payment card from the table and securely communicate with the leading restaurant POS systems – including MICROS, NCR Aloha, Squirrel and Dinerware – strengthening customer security and mitigating restaurant liability for credit card fraud.

Discover Honored for Next Generation Customer Service Application

Discover Financial Services is on InformationWeek Elite 100 — a list of the top business technology innovators in the U.S. Discover made the list by developing a new application that provides a fully comprehensive, customer-centric view and supplies account managers with better data and up-to-the-minute information, allowing them to provide superior customer service. Unique among corporate rankings, the InformationWeek Elite 100 spotlights the power of business technology innovation. The InformationWeek Elite 100 research tracks the technology-based investments, strategies, and results of some of the best-known organizations in the country.

Oink Announces Latest Addition to Exec Team

Virtual Piggy, Inc. (OTCQB: VPIG), provider of innovative safe payment technology, Oink, announced the appointment of Trent Walker to Senior Leader in the role VP Business Development – Key Accounts. Trent Walker brings over ten years of payments and finance industry expertise, working with many of the world’s leading corporations, including Google and Facebook. For the past six years, Mr. Walker has held strategic leadership roles within the financial services department at Arvato, the $6 billion per year division of Bertlesmann. Oink is the only payment technology designed to allow retailers and game publishers to reach under 21 consumers in a safe, legal, and effective manner compliant with the FTC and other international regulations. This innovative technology serves as a digital family wallet that is available online or via mobile and allows safe, secure transactions – all within parental controls.