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. www.robert-mckinley.com

Bluefin Payment Systems to Introduce P2P Encryption

Bluefin Payment Systems is set to introduce a PCI-validated Point-to-Point Encryption (P2PE) solution validated through qualified P2PE assessor, 403 Labs, LLC, in 4Q/13. The PCI P2PE Standard requires a PCI-approved point-of-interaction device (POI) and HSM (hardware security module) key management; software solutions are not currently eligible for P2PE validation. Bluefin’s P2PE technology can be implemented in retail POS systems, in call centers, and in mobile devices and will interface with the company’s PayConex platform. This provides security features such as tokenization, end-to-end encryption (E2EE) and transparent redirection.

JetPay to Change of NASDAQ Ticker Symbol

JetPay announced it will change its NASDAQ ticker symbol to “JTPY” effective at the start of today’s trading (prior NASDAQ common stock symbol: “UBPS”). JetPay Corporation (formerly Universal Business Payment Solutions Acquisition Corporation) (“JetPay” or the “Company”) is making this change to reflect the Company’s name change to JetPay Corporation, announced on August 1, 2013. JetPay provides a vertically integrated set of solutions that meet business needs for card acceptance, processing, payroll, tax and other financial transactions. JetPay also offers card-based solutions for our customers’ employees to conveniently receive and spend their pay.

Swiff Chip & PIN Approves Visa Ready Solution

Swiff mobility payment received approval for its Chip & PIN solution for use with Visa payments through the Visa Ready Program. The Swiff mobile payment Chip & PIN terminals will alleviate payment barriers for merchants, acquirers and customers by displacing cash and checks with mobile payment acceptance. This new step in the partnership between Swiff and Visa follows the announcement by Visa Inc. on June 5th, that Swiff had been selected as one of the leading mPOS providers to join the Visa Ready Program. The program is designed to provide innovators with an easy way to collaborate with Visa and gives merchants and consumers the peace-of-mind they need when transacting with a mobile phone.

American Express Serve and Isis Partner

American Express and Isis announced that they will introduce American Express Serve to the Isis Mobile Wallet. The new co-branded account will be offered in every Isis Mobile Wallet as a part of a nationwide launch later this year, enabling millions of Americans to tap and pay using their American Express Serve account. By adding American Express Serve to the Wallet, customers will be able to pay bills online and send money to friends and family. They will also be able to add cash to their American Express Serve account or fund it using an existing bank account, any credit or debit card or through direct deposit. The Isis Mobile Wallet NFC technology allows consumers to pay, redeem coupons and present loyalty cards with their mobile phones. American Express’ U.S. Consumer and OPEN® Small Business Cards are currently available in the Isis Mobile Wallet.

CardConnect Acquires SmartPay

CardConnect payment processing announced its acquisition of SmartPay online billing tool developed by Onsharp, an interactive agency that designs, builds and supports web-based technology solutions. The SmartPay enterprise billing tool gives a business’s customers the ability to receive, view and pay their bills online, eliminating the need for paper invoices. The tool is particularly beneficial for businesses that rely on invoicing – such as law firms, hospitals and manufacturers – and are looking for a way to streamline the process.

TSYS Supports EMV Campaign

TSYS announced that it supports Paynet, one of Kenya’s leading financial services providers to issuers and acquirers, in its ‘Great Migration to EMV Chip Card’ campaign. Paynet has been a TSYS client since 2004. It licenses PRIME 4, the latest version of the TSYS licensed card and merchant management solution, to manage its Visa card portfolio and provide a full range of outsourced front- and back-office card processing and fraud management services for financial institutions across Kenya and East Africa. Paynet initiated ‘The Great Migration to EMV Chip Card’ campaign to fight card fraud by urging banks and other stakeholders in the region to move toward the higher security EMV Chip debit/credit card standard.

AzeriCard and OpenWay Intro Cardless ATM Withdrawals

AzeriCard card processing and OpenWay, a recognized leader in software solutions for the payment industry, improved mobile banking service with the WAY4 Cash By Code technology. By generating a code on a cellphone, this technology allows for withdrawing cash on an ATM without a plastic card. This convenient ‘mobile wallet’ proved appealing to clients of 14 of AzeriCard’s partner banks. The new service also works as instant money transfer to recipients without a bankcard. The mobile banking with the Cash By Code option was developed by OpenWay. The solution works on iPhone, Android and BlackBerry smartphones, as well as on Java-enabled feature phones. The mobile banking menu allows the user to type in an operation amount and select the preferred card and currency from the list.

PCI Data Security Standard Available in New Language

The PCI Security Standards Council announced that the PCI DSS is now available in Russian. A Russian language microsite has been added to the PCI SSC website, which also includes translated supporting documents and resources for standards implementation. According to research firm Mercator Advisory Group, over the next two years, the number of cards in Russia is expected to increase to nearly 250 million debit cards and approximately 50 million credit cards. The PCI SSC website also supports translated pages and PCI materials in other languages, including: Chinese, French, German, Italian, Japanese, Portuguese, and Spanish.

Datacard Changes 35-Year HQ Location

Datacard Group announced that the company will relocate its corporate headquarters from Minnetonka to Shakopee, Minn. Datacard Group has outgrown the 35-year-old headquarters location in Minnetonka and wants to maintain its headquarters presence in the Greater Minneapolis/St. Paul area. After extensively researching areas that would fit their growth now and in the future, the company is confirming that they have chosen to buy and renovate a 370,000-square-foot facility at 1187 Park Place in Shakopee. The move is planned to take place in 2014.

USA Technologies Launches Livery POS Solution

USA Technologies officially launched ePortGOTM an end-to-end cashless payment, dispatch and navigation solution designed to simplify and economize the daily processes of today’s taxi and for-hire vehicle businesses while accommodating the increasing demand for secure, in-vehicle credit/debit card acceptance. ePortGO is an integrated system that enables credit/debit card fare payment, trip management, recordkeeping, vehicle dispatching, navigation, and other features all in one easy and cost-effective solution. ePortGO is also designed to be flexible; operators can start out with the standard service for metered or unmetered vehicles or opt for the Premium service that integrates dispatch, navigation and other features, such as a consumer mobile app displaying the operator’s personalized brand.

Blackbaud MobilePay Launches mPayments Solution

Blackbaud released Blackbaud MobilePay mobile credit card processing application that is integrated with the company’s payment processing services. Blackbaud MobilePay is now available in the Apple® App Store and the Android® Play Store to nonprofits in the United States using Blackbaud Merchant Services. Blackbaud clients receive up to two complimentary Blackbaud MobilePay card readers. Nonprofits can accept credit and debit card payments anywhere within minutes. Once logged in to the MobilePay app on an iPhone®, iPad® or Android® device, users simply enter the amount, the payee’s email, swipe the card and obtain a signature. A personalized email receipt is sent after each transaction.

Prepaid Visa RushCard Debuts New TV Commercials

RushCard debuted its newest television commercials this week, which feature company co-founder and social entrepreneur Russell Simmons in a variety of unexpected cameo roles. The 60-second spots for RushCard will air on cable networks nationwide and reflect the company’s new branding, developed in conjunction with the brand’s 10-year anniversary. RushCard will air two TV spots on cable networks nationwide throughout 2013. The first spot features Russell Simmons secretly posed as a doorman, tipping his hat to a RushCard cardholder on her way into the bustling city streets. The second spot subtly portrays Russell Simmons as the cab driver for a RushCard cardholder traveling in the backseat. In both spots Russell Simmons’ cameo illustrates how RushCard supports customers in their everyday financial lives.