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

Stripe Redesigns Checkout Solutions

Checkout form Stripe has released its latest version. These redesigns feature expanded address support and supports separate billing and shipping addresses. Now Stripe will automatically select the user’s country, and we can fill in their city and state when they enter a postal code. The Company also supports integrated billing address verification and users are notified immediately if they’ve mistyped anything. Additionally, the Stripe added the “Remember me” checkbox that allows customers to save their payment info by providing a mobile phone number. This in turn enables a rapid checkout experience in the future on any site using Checkout. Stripe securely identifies your users via text message so they don’t have to retype their payment information or remember an additional password.

Wirecard expands Mobile Ticketing

Wirecard, is supporting sunhill technologies GmbH in its expansion of mobile ticketing services. From April this year, smartphone users can register their payment details and park their vehicles using the sms&park (on-street parking) and sms&exit 2.0 DF (off-street parking) apps to book and pay for parking. Currently, users can choose to pay by credit card or SEPA direct debit. sunhill technologies apps are already available in numerous towns and cities in Germany, Austria, and the Netherlands and with the benefit of Wirecard’s payment channels, the company will be able to rapidly expand into various other European countries.

CashStar President and CEO to Present at OASIS Summit

CashStar, the digital gifting company preferred by the world’s leading brands, announced that its president and CEO, Ben Kaplan, has been invited to speak at OASIS: The Montgomery Summit. The OASIS Summit, an invitation-only event featuring top entrepreneurs and investors, senior level media and technology executives, and leading industry visionaries, makes its debut this year with 150 exceptional presenting companies. Kaplan will share how CashStar is transforming the gift card market with digital gifting and branded currencies that enable merchants to increase revenue, drive customer acquisition, and improve customer loyalty.

G4S Appoints CIO

G4S appointed Martin Taylor to Group CIO, a new role for G4S. Martin will be responsible for developing and implementing IT strategy, including establishing global standards for infrastructure and applications as well as globalising the IT organisation and investment. Martin brings considerable experience to G4S from Group CIO roles at EMI Music, Cable and Wireless, and most recently LCH Clearnet. He joins the group from Barclaycard where he has just completed a major transformational project.

NPCI Deploys Fime for RuPay Certification

National Payments Corporation of India (NPCI) appointed advanced secure-chip testing provider Fime to deliver its RuPay certification program. NPCI will utilise FIME’s expertise in setting up EMV-based certification board for its card payment scheme, RuPay. FIME will define the certification specification, laboratory setup, test plan specification, test tools and operate the certification board for RuPay. FIME will also be involved in setting up the certification process including the associated administrative and business operations. This will ensure all payment cards and POS terminals deployed under the brand align to the requirements of RuPay specifications and ensure necessary infrastructural alignment of acquirers and issuers with the payment system.

First Data Posts 4Q/13 Posts Revenue way Up Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data reported its financial results for 4Q/13 with consolidated revenue of $2.8 billion, up $40 million from the year ago period thanks to a $47 million increase in reimbursable debit network fees, postage and other. Adjusted revenue, which excludes certain items including debit network fees, was flat, year-over-year at $1.8…

Global Payments completes $420 million acquisition of PayPros

Global Payments payment solutions acquired Payment Processing fully-integrated payment solutions for 58,000 small-to-medium sized merchants. PayPros delivers its products and services through a network of over 1,000 technology-based enterprise software partners to vertical markets that are complementary to the markets served by Accelerated Payment Technologies. Under the terms of the agreement, Global Payments paid a purchase price of $420 million in cash.

Payfirma Unveils API for All Kinds of Payments

Payfirma is empowering merchants to accept payments in multiple ways through access to their full solution payment API. Developers can now use Payfirma’s easy-to-integrate API to build versatile products for accepting payments online and on mobile devices, so they can meet the needs of merchants who want to increase their revenue through multichannel payments and gain insight from their consolidated sales data.

NCR Silver mPOS Adds Loyalty and Rewards

Small businesses can now create, run and manage reward programs with NCR Silver iPad POS. Loyalty complements the existing automated email and social marketing functionality in NCR Silver making it even easier for cafés, shops, restaurants, boutiques, food trucks, and any small business to reward customers for repeat purchases. Loyalty fits seamlessly into the checkout process, automatically tracking rewards with each sale so customers see exactly what they have earned and eliminating the need for paper punch cards. Rewards and customer information reside on the NCR Silver POS system and merchants retain all the data rather than share it through a third-party loyalty application. NCR Silver with loyalty now does more to help time-starved small business owners.

VeriFone mPOS Awarded 2014 MPE Award

VeriFone Systems won the 2014 Merchant Payments Ecosystem (MPE) Award in the mPOS category at MPE 2014. Selected by the MPE Awards Committee for its portfolio of PAYware Mobile solutions that transform smartphones and tablets into completely secure mPOS devices that can accept payments from traditional mag-stripe cards as well as EMV (chip and PIN) cards. VeriFone built its portfolio of PAYware Mobile solutions based on feedback from merchants and retailers. PAYware Mobile provides a complete, scalable and secure mobile payment solution for all segments–from large retailers to small merchants–enabling payment mobility anywhere and everywhere.

Isis Discounts Cab Fares in NY to Amex Cardholders

Isis mCommerce for AT&T Mobility, T-Mobile USA, Inc. and Verizon Wireless, announced an exclusive offer for American Express Card Members through June 1, 2014. Now American Express Card Members who tap to pay with a registered Card for a ride in a qualifying NYC Yellow Medallion Taxicab can get 50% back in statement credits. The promotion is available to American Express’ U.S. Consumer, OPEN® Small Business and Serve Card Members with a registered Card in the Isis Mobile Wallet. The promotion is good for up to $100 in statement credits per eligible Card and registration is limited. Users can download the Isis Mobile Wallet for free from Google Play. Message and data charges may apply.

Payoneer Secures Additional $25 Million

Payoneer Inc. today announced it has completed a Series D financing round of $25 million. Susquehanna Growth Equity, LLC, a private equity firm focused on the financial services industry and an affiliate of Susquehanna International Group, LLP, led the investment, with participation from existing investors Carmel Ventures, Greylock IL and Vintage Venture Partners. Payoneer empowers cross-border commerce by providing a payment platform that connects thousands of companies with millions of professionals and small business owners from more than 200 countries. A profitable company with a four-year revenue CAGR of over 65%, Payoneer intends to continue its rapid growth by utilizing this new capital to accelerate its product roadmap, expand into new verticals and markets and increase sales and marketing investments, as well as enable the company to more actively pursue acquisitions.