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:

Alelo taps Multos EMV tech

ALELO has issued the latest EMV™ technology to support meal voucher programs in Brazil. The advanced ALELO card program utilises an EMV approved application implemented on MULTOS technology from Multos International. Multos International is working with the local Brazil card manufacturers to provide the products and support for personalization and issuance. ALELO has already begun card issuance, enabling payment services and meal benefits to their program customers.

US PCE Index

The U.S. Personal Consumption Expenditures Index has fallen to 2.8% in the third quarter of 2013 from 5.1% in the third quarter of 2006. Consumers are still sitting on their wallets and not sure sure what retailers are up to, as aggressive holiday sales are very early and very sluggish. January may be the bright spot for retailers, but “Baby Boomers” are watching closely and will close in during the first quarter.

Retail Holiday Spending

First Data Corporation released its First Data SpendTrend® analysis for Thanksgiving/Black Friday 2013 compared to Thanksgiving/Black Friday 2012. SpendTrend tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations. Black Friday lost some of its luster as retailers opened their doors earlier this year in order to vie for a piece of the holiday spending pie, especially with this year’s shorter-than-usual window between Thanksgiving and Christmas. Year-over-year retail dollar volume growth during Thanksgiving and Black Friday was strong at 9.0%, and a significant increase compared to last year’s growth of 5.6%. Most of the 9.0% retail spending growth was driven by shopping on Thanksgiving as opposed to Black Friday; with 3.4% growth on Black Friday.

PayAnywhere Now Accepts PayPal Payments

PayAnywhere announced they have teamed with Discover Financial Services, a direct banking and payment services company with one of the most recognized brands in U.S. financial services, to offer PayAnywhere merchants the ability to accept PayPal at the point of sale. This means that PayAnywhere merchants will be able to accept PayPal and will be able to tap into PayPal’s rapidly growing customer base that has swelled to more than 55 million active customers in the U.S., more and more of whom are using the PayPal payment card.


Australia, the world’s second wealthiest economy, is cracking a bit. The labor market is deteriorating in Australia and consumer spending is softening. Despite cutting the benchmark interest rate to 2.5% Australia’s real gross domestic product (GDP) growth will likely run at 2.4% and stay stuck in the mud for the foreseeable future. According to Reuters, except for just one quarter of negative growth, Australia actually grew by 1.4% in 2009. Last year, growth amounted to 3.3%, whereas unemployment was 5.2%. RAM Research predicts the Consumer Price Index (CPI) will fall to 1.2% for the fourth quarter.

ATM Innovation Showcase

The Integrated Payments Alliance (IPA) is pleased to announce the association will hold the ATM Innovation Showcase and ATM X-Games on February 11, 2014 as part the U.S. ATMIA Conference and Expo. The IPA ATM Innovation Showcase, a full day educational event designed for ATM and payment leaders interested in learning more about cutting-edge payment technology, will kick off at 9:00 a.m. at the Lowes Royal Pacific Resort at Universal Studios in Orlando, FL.


Stored Value Solutions has further strengthened its position in China with the launch of a new data center in Shanghai. The data center complies with local regulations, which stipulate that any new card issued in China must be processed within the country. SVS already has a busy regional office operating out of Shanghai. Vice President of Business Development for the Asia Pacific region, Shoney Yuan, explains that the investment in this data center is part of the SVS long-term strategic vision for the region.

Suncoast Schools FCU Change

The board of directors and senior management of Suncoast Schools Federal Credit Union, the largest credit union in the state of Florida, chose to pursue the state charter conversion vote to enable the credit union to serve all residents of 17 counties located near or along the west coast of Florida. This change will allow Suncoast to enhance its presence in and commitment to their communities that it currently serves. VR Election Services facilitated the vote to ensure integrity in the process.

Payelp Announces Latest Membership Partner

Payelp Global payment and business development platform partnered Onebip by Neomobile global mobile payment service. Onebip, which started in 1995 as the first mobile payment service worldwide, is connected to over 250 carriers with 5 billion users in over 70 countries. Onebip, part of global mobile commerce group Neomobile, has offices in Rome, London, Mexico City, Sao Paulo, Madrid, Berlin, Paris, Bogota, San Francisco and more. Onebip enables merchants to monetize digital goods and services to their users on a global scale using carrier-billing technology. As a leader in Europe and Latin America, Onebip has successfully supported the growth of many online gaming and entertainment businesses on mobile with an advanced technology platform. Payelp Global (aka “Payelp”) processes more than 500,000 transactions per minute- the payment and business development service is available in 74 countries worldwide and is constantly expanding.

Mozido Appoints Former First Data Head Chairman

Mozido announced today that it has received the first $30 million of a committed $70 million round of financing led by a Boston-based investment advisor with assets under management of over $500 billion. This funding will allow Mozido to accelerate its growth both organically and through strategic acquisitions. The announcement brings total funding of the company to over $100 million with participation from Brentwood Investments, TomorrowVentures, Atlanticus Corporation and Bob Turner personally of Turner Investments.

WesPay to Buy Viewpointe Regional Payments

Viewpointe has reached an agreement with WesPay (Western Payments Alliance), a membership association promoting the best use of electronic payments, whereby WesPay will acquire the assets of Viewpointe’s Regional Payments Association (RPA). Terms of the deal were not disclosed. Both organizations are working diligently to complete the conditions of closing by year end. When closing conditions are met and the deal is completed, WesPay will retain full ownership of the assets. The expanded association will continue to do business as WesPay. Viewpointe’s Regional Payments Association provides education on the latest payments topics and certification preparation for payments professionals; offers expert-led ACH audit and compliance services for financial institutions, payments processors and businesses using ACH; and provides industry-level member advocacy and input into the ACH Rules-making process as a voting member of NACHA”The Electronic Payments Association.