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:

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.

Wonga Acquires German Online Payments

Wonga Payday loans is moving into the online payments market with the acquisition of BillPay. The acquisition of BillPay follows the launch of Wonga’s consumer loans service in Poland and the purchase of an online, short-term consumer credit business in Spain during the past 12 months. BillPay has around two million end-users and works with over 3500 online shops. The business is a key payments partner with a number of the largest e-commerce merchants in Europe – including CBR Group (CECIL and Street One), Runnerspoint,, DriveNow and Home24 – across a broad range of segments from travel and fashion to electronics and furniture.

APMEA MasterCard Names Marketing Head

MasterCard announced that Sam Ahmed has been appointed to the role of group head, Marketing, Asia/Pacific, Middle East and Africa, where he will manage marketing teams and ensure brand positioning is executed effectively. He will also oversee the development of strategies and campaigns for MasterCard’s advertising, sponsorships, promotions, as well as digital and consumer marketing initiatives across APMEA. Ahmed most recently served as VP, Marketing & Category at Starbucks Coffee Asia Pacific. Before this he managed the Kraft regional beverage executive team and successfully led the growth in both market share and regional sales of various Asia Pacific beverage brands. Ahmed is a graduate of the Harvard Business School.

CardConnect Partners OnDeck for Small Biz Lending

CardConnect partnered OnDeck for the underserved market to offer immediate, pre-authorized and transparent funding to the 50,000 U.S. businesses using CardConnect to accept billions of dollars in transactions each year. With OnDeck’s technology platform integrated into CardConnect’s underwriting process, CardConnect merchants have immediate access to both payment processing and small business loans. CardConnect merchants can secure fixed amounts of capital — ranging from $5,000 to $250,000 — for what is typically 50 percent less expensive than a merchant cash advance.

Credit Union ONE selects DNA from Fiserv

Credit Union ONE has selected the Fiserv DNA account processing platform from Fiserv to increase efficiency and implement its long-term growth strategy. Leaders at the $810 million asset credit union cited the DNA platform’s easy integration, highly configurable feature-set and innovative DNAcreator™ toolkit as key to its decision. Recognized by industry-leading analysts for its technology, user experience and breadth of functionality, DNA from Fiserv is the first open, person-centric core banking platform built for collaboration. DNA was completely rewritten using Microsoft’s leading .NET Framework for a state-of-the-art core platform that banks and credit unions can rely on for the long-term. With DNA, Credit Union ONE benefits from 24/7 real-time processing, robust retail, mortgage and commercial banking capabilities, and a 360 degree view of its retail and business relationships.