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.

TransAct Extends Relationship with PCI Gaming

TransAct Technologies extended its relationship with PCI Gaming Authority to bring its Epicentral® promotion and bonusing system to a second casino operated by the tribe following the implementation of Epicentral at Wind Creek Casino & Hotel Atmore in March 2013. The deployment, which is expected to go live in late 2013 and represents an extension of the existing Epicentral system in place at Wind Creek Casino & Hotel Atmore, will bring Epicentral to all 2,500 Class II electronic games at Wind Creek Casino & Hotel Wetumpka and expand the Company’s deployment at PCI Gaming facilities to a total of approximately 4,200 games. The cost-efficient software system that enables casinos to internally develop marketing programs and promotional coupons for distribution to customers on a real-time basis at a machine. The system works with existing systems and games as it operates with a separate and distinct connection to TransAct’s Epic® 950 printer. As a result, casinos can deploy the Epicentral Print System to connect to all existing machines.

First Data Announces New Co-GM, EMEA

First Data electronic commerce and payment processing appointed Marc Overton co-General Manager of Europe, Middle East and Africa (EMEA) and Head of the regions Retail Payments Solutions (RPS) business. He joins First Data from EE, the company that runs Orange and T-Mobile in the UK, where he held the position of Vice President of Wholesale and Machine 2 Machine (M2M). Prior to this, Overton held senior roles at leading mobile and telecommunications companies including Orange, Wanadoo and Three (Hutchison 3G). Overton’s appointment follows First Data’s unveiling of its Clover™ Station earlier this month at Money2020 in Las Vegas. The next generation POS and business management solution, developed for small and mid-sized businesses, is powered by intuitive, cloud-hosted software that comes with everything a business owner needs in one convenient package.

MasterCard Launches Corporate Travel Solution

MasterCard (MA) announced MasterCard Travel Controller to offer travel management companies and their corporate clients the ability to reconcile expenses more quickly and securely, which helps control spending, reduce operational costs and ensure compliance with corporate travel policy. Companies of every size risk tremendous annual budget losses through unmanaged travel activity. These companies look for ways to prevent ‘leakage’ and opportunities for cost savings. Controlling spend to achieve contracted terms and policy compliance is fundamental to effective travel management. Travel Controller provides an integrated solution for issuers, Travel Management Companies (TMCs) and their corporate clients. It is unique in its functionality to match and reconcile 100% of central travel expenses to booking data. The solution also provides companies with the data needed to allocate charges to the appropriate cost centers and allows companies to expand their control over travel spend by setting custom virtual accounts for each transaction.

Fexco TakesOver mPayments Entity

Fexco completed the acquisition and subsequent funding of mobile payments and loyalty start-up, FLASHiZ, in partnership with BNP Paribas Personal Finance. FLASHiZ focuses on the delivery of mpayment solutions using both QR codes and NFC to enable consumers to pay in shops, online, make peer-to-peer transfers and pay paper invoices. The FLASHiZ platform greatly simplifies merchant integration and opens up a new mobile payment method for consumers. Merchants can use the platform to link a variety of payment methods with loyalty and couponing functionality in a way that forges deeper relationships with their own customers. Deployed at more than 500 outlets, the company has built up a steady pipeline of new deployments in key European markets.

Lusis Inks POS deal with Credit Agricole

Lusis payments software announced a major deal with Credit Agricole for its Tango LitePOS technology, by which Credit Agricole will integrate the POS solution into its global payment project. Credit Agricole Cards and Payments is a major European player in the payments space and its POS estate numbers approximately 300,000 terminals. Deploying TANGO LitePOS across this estate will deliver maximum flexibility, scalability and reactivity to Credit Agricole’s business. After a successful product trial over the past 12 months, the LitePOS solution for Credit Agricole, called TMS (Terminal Multi Services), is now ready for full roll out. TANGO LitePOS effectively splits a POS device into two component parts: firstly a local device and secondly a central terminal management server. By challenging the traditional POS terminal environment, it is now possible to offer a secure, more cost-effective, flexible and scalable POS environment for retailers.

Discover Posts 3Q/13 Net Income of $593mm

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover Financial reported net income of $593 million or $1.20 per diluted share for the third quarter of 2013, as compared to $637 million or $1.24 per diluted share for the third quarter of 2012. The third quarter of 2013 included a $42 million reserve build while the third quarter of…

Pilot Flying J Deploys NCR for Driver Services

NCR announced Pilot Flying J selected its complete NCR POS solution. Upgrading from a legacy transaction solution to a NCR software suite, the omni-commerce software platform streamlines deploying and managing in-store, mobile commerce and online storefront systems, ensuring consistent and personalized shopping experiences across all customer touchpoints. It is offering customer assisted check-out in their storefronts as well as mobile POS, allowing store associates greater mobility and an opportunity to assist and serve customers anywhere on the property. The combined network of more than 650 Pilot Travel Centers and Flying J Travel Plazas across North America serves more than 1.3 million customers daily.

NICE Launches Monitoring Solution

NICE Actimize, a NICE Systems (NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, announced today the availability of the Actimizea Benchmark Monitoring Solution, a solution designed to assist in detecting and identifying rate-setting activities, processes and procedures within a single offering combining communications channel insight and incorporating alert, case management and reporting. The solution enables firms to have a better understanding of what is being discussed and traded within its trading floors from a single interface. Additionally, this provides internal compliance divisions the ability to respond rapidly to suspicious rate-rigging issues, thereby increasing chances at lowering potential regulatory risk by speeding resolutions.

PCI SSC Euro Meeting to Showcase Data Discovery for v3.0

Over 500 global stakeholders in the PCI are set to attend the annual PCI Security Standards Council (SSC) European Community Meeting. Ground Labs, the leaders in cardholder data discovery software for PCI compliance, is supporting this year’s event in Nice, France and will participate in the Vendor Showcase. The PCI SSC Community Meetings provide an opportunity for SSC members to learn from each other’s experiences implementing the PCI Data Security Standards (PCI DSS) and in particular, provide feedback on the latest draft standard PCI DSS v3.0. Participants also have opportunities to make suggestions for improvements to the Standard and learn about best practices for protecting cardholder data as they interact with other industry stakeholders. The Vendor Showcase will present an opportunity for participants to interact with a broad variety of vendors servicing the payment card industry and learn about their important work in the field of cardholder data security. Issues October Best EMV Compliance Companies

The 10 best EMV gateway services have been selected by for the month of October 2013. Each month the independent evaluation team spends time identifying and reporting the best credit card processing services around the world to assist businesses in selecting the best EMV compliance testing company to meet their specific needs. The 10 top EMV compliance validation services for October 2013 are NBS Technologies; Praxell; JCB International Credit Card Ltd.; Ceridian Stored Value Solutions; ArgosRisk; ACHWorks by T$$; Gemalto; ABnote North America; Capital One; and PNC Bank.

Visa Europe CIO Now Monitise Non-Executive Director

Monitise appointed Steve Chambers of Visa Europe to its Board, having spent most of his career in the payments sector. As Chief Information Officer at Visa Europe, Steve has been responsible for Visa Europe’s processing business which means regional data centres and business operations, enterprise architecture, technology and systems build, all change management and Visa Europe’s processing centre of excellence. Steve joined Visa in 2005 and managed the delivery of the Visa Europe authorisation service in 2006 as the first step in the creation of a European payments platform. At the same time he built the organisation and infrastructure needed to complete this journey and deliver best in class services to the Visa Europe world. Prior to joining Visa, Steve worked for ACI, First Data Merchant Services and EDS.

MoneyGram & CIMB Banking Group Extend Relationship

MoneyGram and CIMB Bank Singapore partnered to offer international money transfer services at the CIMB Bank Currency Exchange outlets at Resorts World Sentosa and the Marina Bay Cruise Centre, bringing increased accessibility of funds transfer services to customers. The addition of the two CIMB Bank Currency Exchange outlets increases the MoneyGram network in Singapore. Customers can easily send or receive money at any of these locations by submitting the relevant ‘send’ or ‘receive’ form and providing photo identification to complete the transfer.