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:

Corethree adds Barclays Pingit mTicketing app

Corethree has formed a strategic partnership with Barclays for the inclusion of Barclays Pingit ‘mobile check-out’ in Corethree’s award-winning mobile wallet for transport ticketing. This is a UK first in mobile commerce and sees the cutting edge UK tech company Corethree become the first business to integrate Barclays Pingit mobile checkout. Wessex Bus’ Uniconnect network in Bath will go live with Corethree’s m-ticketing solution on Monday 23rd September 2013 as part of Bath University’s freshers’ week. Over the next 12 months, Corethree and Barclays will rollout their mobile payment services to other transport operators to reach as many as 1 million passenger journeys per day.

Employment Continues to Climb Along with Credit Spending

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total nonfarm payroll employment increased by 169,000 in August, and the unemployment rate edged down to 7.3% from the July figure of 7.4%. This in conjunction with the total outstanding revolving US consumer credit up 4.5% in June from last year to an adjusted $850B, which continued to erase all positive…

MoneyGram to Present at the Deutsche Bank Conference

MoneyGram senior vice president and treasurer is set to present at the Deutsche Bank 21st Annual Leveraged Finance Conference in Scottsdale, Arizona on Wednesday, October 2, 2013. MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers money transfer services worldwide through a global network of 327,000 agent locations — including retailers, international post offices and financial institutions — in nearly 200 countries and territories.

RBS Citizens Enhances Banking App

Corporate treasurers spending more time on the road now have an enhanced new tool for making their offices even more mobile: RBS Citizens Treasury Solutions announced the launch of its second-generation corporate mobile banking application, accessMOBILE. With accessMOBILE, RBS Citizens is one of the first commercial banks in the U.S. to offer a corporate mobile banking app that allows users to deposit a check remotely through a system that is integrated with their other cash management systems, initiate wire transfers from templates, and decision positive pay items and use other new functionality. In addition to iPhone, today’s launch also includes apps for iPad and for Android devices and a new mobile-optimized website delivering full accessMOBILE functionality to web-enabled mobile devices such as Blackberry and Windows Phone.

VeriFone Appoints New CEO

The Board of Directors of VeriFone Systems announced that it has appointed Paul Galant Chief Executive Officer and Member of the Board of Directors. Galant served as the CEO of Citigroup Inc.’s Enterprise Payments business since 2010. Galant developed innovative digital payments services for Citi’s institutional and government clients, enabling them to expand into growth markets and helping them to meet their consumers’ current and future needs for secure mobile payments and commerce. Before that, from 2009, Galant served as CEO of Citi Cards, heading Citigroup’s North American and International Consumer Credit Cards business during a period of dramatic change in the industry and positioned it for growth. From 2007, he was CEO of Citi Transaction Services, establishing the business as a core growth engine for Citi and expanding it into new product lines and markets serving Citi’s largest institutional and government clients.

Panini Intros RDC Check Scanner

This week, at the RDC Summit in Orlando, Florida, Panini will feature mI:Deal™, the latest breakthrough solution from their continuous innovation portfolio. The mobility enabled Panini mI:Deal™ provides financial institutions and merchants with a simple, efficient and cost-effective solution for capturing checks in a wide variety of deployment environments, including RDC and POS. The Panini mI:Deal™ architecture combines innovation and ease-of-use with “plug & play” connectivity to maximize functionality and ROI. On-board intelligence that provides internal processing power for PC independent compression of MICR codeline and captured images allows for fast and easy integration with existing capture solutions. Wired and wireless connectivity options provide complete mobility without compromising Check 21 compliance or security.

Saudi Arabia Moving Cashless

“The Cashless Journey” a new global report from MasterCard, positions Kingdom of Saudi Arabia among those economies that have begun accelerating their move towards becoming a cashless society. The report, produced by MasterCard Advisors, explores the evolution of consumer payment patterns in 33 countries from five regions, representing more than 85% of global GDP, taking in both developed and developing nations, using a single methodology.

Jusp Embarks on mPOS Market

Jusp all-in-one chip-and-pin mPOS solution for smartphones and tablets now connects directly into a smartphone or tablet audio jack. With JUSP, merchants have a device that is all one piece, easy to operate and works with the highly secure credit and debit cards in use in all countries except for the US. The JUSP solution is expected to be widely used in Europe and other regions where the chip-and-pin mPOS market is rapidly expanding. Given the technical superiority of the JUSP product, the company is also well positioned to enter the U.S. market in 2015, when chip-and-pin solutions have been mandated by large credit card companies. The JUSP reader allows merchants to make payment transactions over their mobile devices anywhere by plugging the device directly into their iPhone or Android smartphone or tablet audio jacks, with no Bluetooth pairing required.

Discover Spending Monitor Contiues Slide

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor fell 1.4 points to 91.0 in July, in response to a decline in confidence in the economy from consumers- especially those making less than $40,000. Consumers also grew more pessimistic toward their personal finances last month, which correlated with a decline in discretionary spending intentions. Respondents…

Mako Networks and AirTight Partner on PCI DSS WIFI

Mako Networks and AirTight Networks announced a reciprocal agreement to bundle Mako’s network management system and AirTight’s Wi-Fi technology from the PCI SSC North American Community Meeting. The joint solution offers sophisticated yet easy-to-use cloud management ideal for distributed enterprises, coupled with powerful Wi-Fi retail analytics and end-to-end PCI DSS compliance. A Mako network appliance connects the site to the Internet using a broadband connection. As the conduit for all Internet traffic, the Mako System is able to collect information about network usage at the site, which is populated into a Central Management System (CMS) that can be accessed by administrators from a simple web interface, with detailed reporting on the network activity across their distributed enterprise locations. Retailers can integrate social media channels with AirTight’s customisable guest Wi-Fi portals to engage with in-store customers, encourage them to opt into marketing programs and reach out to them via geo-marketing campaigns, such as coupons or special offers. Built-in Wi-Fi analytics deliver insights into customer behavior and trends.

MoneyGram Renews Bank Agreement

MoneyGram announced five year renewal of its agreement with Susquehanna Bancshares, a Pennsylvania-based commercial bank, to provide official check services through its PrimeLink Official Check program. MoneyGram’s PrimeLink Official Check outsourcing program provides banks with cost efficiencies through management of its clients’ official checks, including daily balancing and reconciliation, exception handling, inventory management, and real-time updates on official check transactions. MoneyGram provides a high level of service and responsiveness to bank personnel in support of their programs and helps prevent fraud losses by identifying fraudulent official checks.

PowerPay Promo Marks 10th Anniversary

PowerPay is launching “10 Days of Giving” ( – a celebration that reflects the company’s corporate culture and commitment to giving, sustainability and community. During the first 10 days of October, PowerPay employees are volunteering time during their workdays and making donations of food and clothing to a variety of local nonprofits. A different activity is scheduled each day from Oct. 1 through Oct. 10. Beneficiaries include Goodwill, the American Red Cross, Portland Public Library, Preble Street, the Good Shepherd Food Bank, Portland Trails and Big Brothers Big Sisters of Greater Portland. PowerPay’s culture has roots in connecting with and giving back to the community. Sustainability and philanthropic practices are a large part of daily operations. The company also has an active Giving Committee, an independent task force of employees whose activities support social responsibility.