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

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.

Swiff Partners Affinitas on mPOS Solution

Swiff announced its partnership with Affinitas, a payment solutions provider, to launch an innovative, secure Chip and PIN & Sign mPOS solution in Mexico.
Swiff will provide its mobile payment expertise through its unique authentication technology and hardware for Affinitas’ client ecosystem. Swiff’s secure, white-label mPOS solution will launch under the Mikit brand for Affinitas Clients like Sí Vale, Afirme and First Data. Marking Swiff as a key mobile payments provider in Mexico, this partnership also signifies a mobile readiness in the region. SCCP’s innovative mPOS platform integrated with a Chip and PIN & Sign solution will support acceptance and visibility of mPOS in Latin and Central America, beginning with Mexico.

ACI 2Q/13 Revenue Up 30% Y/Y

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ACI posted 2Q/13 revenue of $208 million, up 30% by $48 million from the year ago figure. Monthly recurring revenue grew to $148 million, up $43 million, and represented 72% of total revenue in the quarter. Q2 non-GAAP operating income was $17 million versus $9 million last year. Consolidated GAAP operating…

Exatouch Retail POS Software System Deploys TSYS Processing

Exatouch Retail POS software systems are now available with integrated TSYS, offering merchant services providers (MSPs) of having a POS software system to offer retail merchants, XTT LLC developed tightly integrated, easy to deploy POS systems especially for MSPs. With no merchant processing revenue sharing, Exatouch uniquely enables MSPs to realize the full potential of their business model, including revitalizing equipment leasing revenue. The Exatouch Atom™ and Atom Classic are now available with TSYS® payment processing.

Moneris Solutions Partners TouchBistro on Integrated Payments

Moneris Solutions and TouchBistro, a leader in providing innovative restaurant management solutions, announced that they have partnered to provide an iPad® payment solution with end-to-end encrypted processing for U.S. customers. Moneris will deliver a reliable payment processing system that integrates with TouchBistro’s point of sale and restaurant management tools. With this enhanced offering, TouchBistro customers can leverage the platform’s ability to increase operating efficiencies, integrating the payment solution with robust management tools that can be used table-side to run the entire restaurant operation.

Western Union Renews Multi-Year Agreements

Western Union Company renews a multi-year agreement with Axcess Financial affiliate Check ‘n Go small-dollar lender. The 1,000-plus Check ‘n Go agent locations in the United States will continue to offer Western Union Money Transfer®, money order, and bill payment services. Also, Axcess Financial’s affiliate in the United Kingdom”Cheque Centre”will continue to offer money transfer services at its nearly 500 locations.

MoneyGram Launches Service Allowing PayPal Users to Withdraw Funds

MoneyGram announced that PayPal’s 55 million active U.S. account holders can now initiate a withdrawal from their accounts – online or via mobile – and pick up the funds at any MoneyGram location in the United States. Later this month, PayPal customers will also be able to load money into their accounts at select MoneyGram locations in Dallas, New York and San Francisco, with additional locations scheduled to be rolled out during 2013. The new service supports an essential need for PayPal’s U.S. customers – particularly those who do not have a bank account or credit card – to fund and maintain a PayPal account, as well as withdraw cash and send money to friends and family.

MoneyGram Partners Fuzhou RCB

MoneyGram signed an agreement with Fuzhou Rural Commercial Bank (Fuzhou RCB). Based in Fuzhou, one of the largest cities in the Fujian province of China, the agreement enables convenient money transfer service access for both urban and rural Fuzhou residents, and Chinese expatriates sending funds back home to family in Fuzhou. Money transfer services are now available at all Fuzhou RCB locations. China is the second largest receive country in the world with an estimated $60 billion of money transfer receives, according to The World Bank. Overseas Chinese travel worldwide, supporting foreign direct investment that generates transfers to China from about 150 countries. Through MoneyGram’s addition of Fuzhou RCB to the network of 327,000 agent locations, overseas Chinese can now send funds to family and friends in Fuzhou and outlying areas.

NCR Partners Bank of New Zealand on ATMs

NCR Corporation designed a “virtual”, first line maintenance capability for Bank of New Zealand (BNZ) in order to maximize ATM uptime and better serve customers. The innovative service can help diagnose and resolve common ATM service opportunities significantly faster from a central help desk, without ever sending an engineer onsite. This new capability leverages BNZ’s use of NCR Predictive Services, which anticipates ATM hardware service opportunities before they occur. For BNZ, Predictive Services was a game changer and the impact was huge, as over 40 percent of BNZ’s second line hardware calls are now being resolved without disrupting customer use. BNZ saw this approach as the next stage of its ATM services operation and, together with NCR, have evolved what was initially just a concept into a complete operational solution.

Wells Fargo & Amex Ink Credit Card Issuing Partnership

Wells Fargo (WFC) and American Express (AXP) partnered, by which Wells Fargo will issue new credit cards accepted on the American Express network. Wells Fargo will make the cards available in the marketplace nationwide by mid-2014. As part of the card-issuing partnership, American Express is providing its Partner Advantage capabilities and services to support Wells Fargo in developing a suite of products that will offer a superior set of experiences, exclusive benefits and customized offers from the American Express network, both online and offline. Separately, LoyaltyEdge from American Express will assist in the design of a new Wells Fargo loyalty program by offering a broad range of merchandise and gift cards that Wells Fargo’s consumer credit customers will be able to redeem with their points.

Epson Thermal POS Receipt Printers iOS Compatible

Epson America POS solutions announced its TM-T88V and Mobilink P60II (both receipt and label versions), are now available in the company’s Made for iOS (MFi) series, with Bluetooth® connectivity for the iOS mobile operating system. The new MFi printers allow retail and hospitality customers to take advantage of wireless printing from all handheld iDevice peripherals, including Apple’s iPad®, iPod touch® and iPhone®, connecting via the Bluetooth 2.1 + EDR wireless networking standard. Bluetooth’s open standard wireless communications protocol creates a stable, reliable connection and is a cost effective option for short-range transactions of up to 30 feet. Epson’s new MFi products meet the skyrocketing customer demand for highly reliable, Bluetooth-based mobile printing from iDevices throughout retail stores and hospitality environments.