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.

Multos International Deploys Discover EMV App

Multos International announces the launch of the new Discover D-PAS Dual-Interface application available for EMV migration on Discover, PULSE and Diners Club International networks. This latest application by Multos International complies with the new D-PAS contactless specification from Discover, and is certified across the latest range of MULTOS “step/one” and MULTOS product families for SDA, DDA and Dual-Interface (SC4, MC4 and ML4 platforms) applications. This opens up a new world of payment options for Discover cardholders, especially for use cases where speed of transaction is important such as transport.

Proxama to Develop ISIS NFC mCommerce Solution

Proxama NFC mobile wallet and NFC mobile engagement technology is set to work with Isis mcommerce JV, forged through AT&T Mobility, T-Mobile USA and Verizon Wireless, on the Isis Mobile Wallet app for NFC devices through BlackBerry 10OS. Proxama’s technology platform is proven in supporting consumer engagement, loyalty and secure contactless payments through NFC. Proxama has worked with leading brands such as EAT, KFC, EE, and Barclaycard on NFC initiatives to support consumer engagement and mobile wallets.

Sprint Launches mNFC Platform

Sprint announced the availability of Pinsight Touch open platform for securely storing and accessing credentials on a mobile device. Pinsight Touch offers a direct path for credential issuers to enable their own branded applications with NFC and to share secured access to those credentials with other trusted applications, creating opportunities for increased distribution and wallet share. Sprint has joined forces with Sequent, leveraging their technology platform to make it easy for application developers to add NFC functionality into the branded mobile applications consumers already use. To further support growing the value of issuer and merchant mobile applications, Sprint has tied-in Pinsight Media+, which incorporates a suite of media tools into the Pinsight Touch program which can assist issuers and merchants in driving the discoverability of their mobile applications and maximizing customer acquisition.

MasterCard and Parkeon Partner on Merchant Offers

MasterCard announced an exclusive, global partnership with the world’s leading parking services provider, Parkeon, to enable shoppers to benefit from local merchant offers and loyalty services through their global network of smart parking terminals This unique couponing platform, developed by MasterCard, will enable the delivery of offers from locally relevant retailers directly to shoppers as they are paying for their parking spaces. This new process transforms the retail experience and is designed to deliver relevant rewards to shoppers at the right moment and in the right place. For local businesses, this powerful new digital shopping channel will allow them to showcase relevant and appropriate merchant offers in a highly targeted way. This global partnership builds on an already successful collaboration between the two companies who encourage customers to move away from cash and towards contactless payments. Current initiatives have increased the use of Parkeon electronic payments terminals across 50 countries by 27% over the last year.

Sterling Bank Launches Prepaid Cash Cards

Sterling Bank launched two new prepaid card products, one version called the Everyday Cash Card and a student version called the Student Everyday Cash Card. Both cards are similar to a debit or credit card in that they can be used anywhere Visa® debit cards are accepted and at ATMs around the world. However, with prepaid cards, cardholders do not take on debt as they would with credit cards, and they are not linked to a deposit account like debit cards, meaning no overdraft fees can occur. These cards simply hold a balance of funds loaded onto the cards by the cardholders until purchases draw them down to a zero balance, at which point the cards can be reloaded with funds. Customers have the ability to set up and define the following text or email alerts for their Everyday Cash Cards; “Add or remove funds alerts;” “Low-balance alerts where you can set your own low-balance definition;” “Signature and PIN transaction alerts;” Weekly balance updates;” Address and status change alerts;” Declined transaction alerts;” and International, out-of-state and card-not-present transactions alerts.”

Subway Deploys Paydiant mWallet

Paydiant, provider of a mobile payments, offer redemption and loyalty platform for retailers and banks, today announced that it has been selected by the Subway restaurant chain, the world’s largest restaurant brand, to power a variety of mobile wallet capabilities, including mobile payment, in the upcoming release of the chain’s new mobile application. The solution will begin rolling out to stores later this year. Paydiant’s cloud-based, white-label approach to the mobile wallet lets retailers add state of the art mobile payments, offers, loyalty and other capabilities into their own mobile apps. This allows restaurateurs and other retailers leverage the mobile channel to deliver a superior customer experience that builds loyalty, enhances their brand and protects valuable customer data.

China Bank Deploys Alaric on ATM Debit Switch

China Bank selected Authentic from Alaric to be used as a payment switch to issue cards, process all card related payments, connect into the local payments ecosystems, and drive the bank’s network of almost 500 ATMs. China Bank initiated the project to coincide with its strategic core banking system update. The team was committed to staying at the forefront of its customers’ needs, and needed a solution which gave it the option to manage change internally or to use local delivery partners. In the long term China Bank expects to make the majority of business changes itself, in much shorter timeframes than the company and the industry are used to, and this technology gives the team the freedom to do just that without being locked in to paying a vendor to make every change. The selection panel was impressed with the speed and simplicity with which Authentic was configured to interface to the bank’s systems during the proof of concept, taking just days rather than weeks. China Bank knows that Authentic is a system to take it into the future – whatever the future may bring.

AnywhereCommerce mPOS Visa-Approved

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] AnywhereCommerce, a global payments technology provider, announced its ‘Walker’ (Walker-ES01) mPOS device has been approved for use with Visa cards by the Visa Ready Program. Through this designation, merchant services providers can confidently use the Walker appliance to the satisfaction of the Visa Ready program, which identifies technologies suited to handle…

CardFlight Announces Major Investment

CardFlight which lets developers integrate in-person card payments into their own app raised $1.6 million in seed-round funding, led by ff Venture Capital, a New York-based venture capital firm that focuses on early-stage technology startups. While a number of payments startups are focused on online and e-commerce payments, CardFlight focuses on the 90% of credit card transactions that are ‘card present’ and happen in person. Additionally, CardFlight clients are typically vertical solution providers or large and medium-sized merchants, in contrast to companies that only provide closed mobile payment offerings that do not allow customization or white-labeling.

Experian Partners ACI on Analytics

ACI Worldwide partnered Experian Decision Analytics to market Experian’s leading decisioning solutions to ACI customers and prospects. Experian’s analytics-driven decisioning enables effective and targeted customer application processes, robust portfolio management and streamlined collections and recoveries. Credit issuers using ACI Issuer, the company’s platform for issuing and supporting credit cards, paired with Experian’s solutions, benefit from an end-to-end offering that maximizes profitability throughout the life cycle of a consumer’s account.

CARDFREE Announces Latest mCommerce Client

CARDFREE has been selected by SONIC® Drive-In as its mobile commerce platform. SONIC is the nation’s largest chain of drive-in restaurants with more than 3,500 drive-ins serving approximately 3 million customers every day. CARDFREE is partnering with SONIC to create a unique mobile experience for SONIC customers, which will provide key standalone features as well as an integrated experience at SONIC locations. The SONIC mobile solution will be piloted later this year with expected system-wide deployment in 2014. CARDFREE’s award-winning commerce platform was designed to help merchants drive incremental visits, larger ticket size, tender preference and more meaningful consumer engagements. The company’s founding team members identified a gap in the market for a merchant-centric, omni-channel commerce platform and launched the company nine months ago to serve the large merchant market.

Tyfone to Showcase mBanking Security Technology at Money2020

Tyfone will showcase The Connected Smart Card (CSC) technology at Money2020, combining both hardware and software for unparalleled security in mobile banking. Tyfone’s CSC delivers the proven solutions that are recognized by leading experts in the field of security. Tyfone will also feature partnership news at Money2020, involving top 10 credit unions adapting Tyfone CSC technology for layering mobile banking security, as well as exhibiting the latest P2P technology.