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

American Express to Open Fifth Centurion Airport Lounge

American Express announced its intent to open its fifth Centurion Lounge in Miami International Airport (MIA). American Express will open an approximately 8000 square foot Centurion Lounge at Miami International Airport. The Lounge will feature locally-inspired cuisine and cocktails from award-winning talent, a spa with complimentary treatments and a family room. Card Members will enjoy access to high-speed Wi-Fi, personal computers and noise-buffering workspaces. More details on the culinary team and specific menu offerings will be available closer to the opening of the Lounge.

ChannelAdvisor and Yahoo Co-Host Webinar on Buying Behavior

ChannelAdvisor cloud-based e-commerce solutions will co-host a webinar with Yahoo titled ” Deconstructing Digital Daily Habits: A Deeper Understanding of How Gen Y/Z Affects Online Advertising ” to educate retailers on how to best attract and retain customers in today’s evolving world of digital media and mobile. Sheridan Orr, ChannelAdvisor’s senior manager, product marketing, and Edwin Wong, Yahoo’s senior director of B2B strategic research and insights, will discuss the latest trends and outcomes of a Yahoo study. The research reveals why daily habits matter for Gen Y/Z and how macro trends are influencing the lives, behaviors, and shopping patterns of the largest online buying community.

BorrowersFirst P2P Lending Secures New Funding

BorrowersFirst has secured equity and debt funding from SF Capital Group. BorrowersFirst solutions include Connected Credit for fast, friendly, transparent, responsive service, Custom credit scoring and an advanced lending platform can easily integrate into partner or corporate sites. This makes it easier for consumers to “connect to credit” at home, at work, and even through their jobs, as BorrowersFirst customizes employee lending initiatives with large employers.

Viseca Deploys Axway 5 Suite for PCI DSS Compliance

Viseca now relies on Axway Managed File Transfer (MFT) solution, a part of the Axway 5 Suite, to control its data flows and manage associated business processes to ensure all credit card information moves through its infrastructure in a highly secure way. Viseca is one of the largest Swiss credit card and prepaid card issuers for MasterCard and Visa. The company issues cards at the request of banks and corporate customers, and manages all of the processes including authorization, clearing and settlement, and fraud protection. Given the sensitivity of the transactions, Viseca has to ensure absolute data integrity and security by establishing a data safe to protect cardholder master data. Axway MFT solution, including Axway Gateway and Axway Transfer CFT, offers a single platform handling multiple protocols and complete control over all data flows with a new level of visibility required for MFT governance.

Fime Offers PCI PTS Testing

Fime expanded its services to offer PCI PTS allowing FIME to not only provide functional compliance for payment brand specifications, but also perform security evaluation for payment terminals and mPOS solutions against the PCI PTS requirements set by the PCI Security Standards Council. The service, in partnership with EWA-Canada, a laboratory accredited by the PCI Security Standards Council, will offer terminal manufacturers the security expertise required to achieve PCI PTS compliance. This includes source code and product design review, vulnerability analysis and penetration testing before products are formally approved by the PCI Security Standards Council FIME can also deliver testing for payment devices against Australian Payment Clearing Association (APCA) requirements and confirm that mPOS solutions meet the specifications outlined in the Visa Ready Program for mPOS.

Wincor Nixdorf post slight H2 operating profit rise

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wincor Nixdorf fiscal 1H/2013/14 witnessed a decline in net sales and growth in operating profit. Net sales fell by 3% to €1,230 million. Profit for the first six months of the fiscal year grew by 2% to €45 million (€44 million). In the outlook for fiscal 2013/2014 as a whole Wincor…

Wells Fargo & Amex Propel 365

Wells Fargo & Company and American Express today launched the new Propel 365 and Propel World credit cards, which will be available for Wells Fargo customers and accepted on the American Express network. The new cards, issued by Wells Fargo, offer customers the ability to maximize everyday spending to earn rewards faster, enjoy rich and competitive offers, benefit from enhanced protections while shopping and traveling, and receive advance access to entertainment, merchant discounts and a dedicated concierge service.

BYNDL Partners with USA Technologies

BYNDL Inc., an innovator of hardware and VMS-agnostic mobile marketing, payment and support services, has signed a strategic alliance with USA Technologies, a leader of wireless, cashless payment, telemetry and consumer engagement services for self-serve retail industries, that provides for the two companies to work together to incorporate BYNDL mobile marketing and payment services to USAT’s 6,000 plus customer base.

CardLinx Releases New Standard for Card-Linked Advertiser Insertion Order

CardLinx announced the publication of an industry-wide protocol, the CardLinx Boar Standard, that provides a standard order format to digital publishers for an offer, coupon, or loyalty program linked to a payment card or payment credential. Until now, merchants were required to develop multiple orders for each card-linked offer because each order could only be delivered by a specific publisher. The Boar Standard has developed a common format for the industry which will enable a merchant or advertiser to place one order per offer and have that same card-linked offer published across multiple digital platforms including the web and mobile. As the number of publishers increases, merchants and advertisers will be able to increase the reach of their card-linked marketing campaigns by adopting this standard.

EBA Clearing MyBank Solution Slated for Launch

MyBank Mandates has been set to launch for 27th October 2014. MyBank Mandates provide direct debit users with a simple way to agree online and in real time that their account can be debited. Merchants and public authorities across Europe will be able to replace paper mandates with this efficient new solution. Paper mandates are expensive and lead to higher rejection rates for the first collection. Moving to a real-time electronic process that involves the bank of the debtor reduces costs and the time required to collect funds. MyBank Mandates will also support mandates by consumers waiving their automatic “no-questions-asked” refund right. MyBank Mandates do not interfere with the statutory refund rights provided under consumer law. This will help bridge the gap between today’s situation, where no-refund direct debits still exist as niche products in several countries, and the introduction of a pan-European scheme foreseen in the coming years.

mopay Partners with Baidu for Mobile Billing

mopay announced today a carrier billing partnership with Baidu Mobile Game, one of the largest mobile games distribution and promotion channels in China. Under this agreement, mopay will be the preferred carrier billing provider for mobile games, which are distributed by the Baidu Mobile Game platform. mopay has been chosen by Baidu Mobile Game to service the app store giant with carrier billing globally. Baidu Mobile Game will make use of mopay’s frictionless payment method.