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.

Diebold Inks Argenta as Latest Client

Diebold is now supporting Argenta’s entire self-service network of more than 200 “Opteva” ATMs. Argenta’s specifications included the renewal of embedded software on its ATMs, the transition of the bank’s systems to support an Internet Protocol-based (IP) network and monitoring support for the entire network. One of the most important requirements was to ensure the OLTB (On Line To the Bank) protocol exchange between terminals and servers, which is specific to Belgium and allows real time updates of transactions. Diebold’s Belgian management center will provide Argenta with outsourced network monitoring. This service includes maintaining up-to-date anti-virus software on Argenta’s terminals using ATM Endpoint Protection by Symantec™ and confirming all programs have the latest security patches using Diebold’s software deployment service.

Visa To Further Expands V.Me eWallet

Visa announced plans to launch its digital wallet service, making it easier for consumers to shop online. This will offer consumers a simple and secure way to pay online by entering a single username and password, eliminating the hassle of entering personal details across multiple merchant websites. It will allow consumers to securely store their existing Visa and other payment cards; store and use multiple shipping addresses; set transaction alerts for Visa cards based on spending thresholds and other criteria; and, over time, opt-in to additional features.

Payleven Partners, Expands Chip & PIN Card Reader

Payleven mobile card payments has expanded its offering and will offer the Chip & PIN card reader to all Austrian retailers and merchants. The payleven solution is targeted towards small and medium sized enterprises, who want a way to accept card payments. It is easy, economical, mobile and most importantly, secure. With payleven, not only merchants, but also private individuals can accept card payments. Once the card reader has been purchased, merchants will only be charged 2.75% per transaction. There is no need for a stationary internet connection which makes the device truly mobile. Furthermore, because the customer is required to enter their PIN, the payment is secure. The transmission process is similar to the one on a traditional POS- terminal.

Unemployment Stagnation Persists

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Payroll employment was up 195,000 units in June as the unemployment rate remained at 7.6%. While the number of unemployed persons totaled 11.8 million, those long-term unemployed for 27 weeks or more was essentially unchanged at 4.3 million. These individuals accounted for 36.7 percent of the unemployed. Over the past 12…

Fiserv Announces Latest Processing Platform Client

Fiserv announced that Community Bank – Wheaton/Glen Ellyn selected its DNA account processing platform from Open Solutions, now part of Fiserv, to better serve its 29,000 customers. The $355 million asset bank cited the platform’s tightly integrated complementary solutions, customer-centric architecture and strong business intelligence tools as factors that will help the bank increase efficiency and provide customers with more relevant products. DNA from Fiserv is the first open, relationship-centered core banking platform built for global collaboration. The platform employs a real-time, relational data model designed around the person, not the transaction, so that Community Bank – Wheaton/Glen Ellyn staff can securely view complete profiles of their retail and commercial customers by person, product or account.

HID Global Awarded Gesture-based Access Control Patents

HID Global secure identity solutions announced that the U.S. Patent and Trademark Office granted several patents for the company’s innovation related to gesture-based methods of using three-dimensional (3-D) motion sequences to increase privacy, security and convenience when using RFID-based devices such as smart cards and NFC-enabled smartphones for a broad range of applications. These patent additions strengthen HID Global’s IP portfolio of over 1,000 pending and issued patents and protect the company’s intellectual capital. The invention opens up a new field of gesture-based authentication and is particularly pertinent when incorporated into an NFC-enabled mobile phone. These user-defined, gesture-based passwords can also work in a two-dimensional mode similar to a combination lock, or they can also include 3-D motions such as moving to the left, right, forward and backward.

MasterCard Names VP, Govt Solutions

MasterCard appointed Mohammed Qadadeh VP, Head of Government Services and Solutions (GS&S) in Middle East and North Africa. The announcement is an integral aspect of MasterCard’s ongoing efforts to strengthen its investments in the government sector across Middle East and Africa. Here he will lead the expansion of the company’s government business by leveraging MasterCard capabilities to solve governments’ needs for efficiency, social progress, financial inclusion and overall transparency. Qadadeh held a number of managerial roles in the MasterCard Technologies and Operations division during the past 12 years, where he helped shape technology strategy and vision across various platforms, including the MasterCard Data Warehouse, Global Cardholder Solutions and Rewards, most recently as regional Chief Technology Officer, where he played a key role in driving MasterCard’s technology strategy across Middle East and Africa since 2011, starting with the Africa board’s strategy vision, planning, and execution.

Diebold Nationally Implements Video ATM

Diebold is officially making its Concierge Video Services available to all financial institutions in North America, directly implemented into most Diebold “Opteva” ATMs. Giving consumers the option to initiate video calls to customer service representatives, in order to complete activities not traditionally conducted during ATM transactions, Diebold’s Concierge Video Services offers account maintenance, new account setup and savings product renewals. It was previously piloted by Missoula Federal Credit Union and Mountain America Credit Union.

Travelex Partners Talend Technology

Travelex, has selected the Talend Platform for Enterprise Integration, Talend’s comprehensive solution that brings together integration of application, data and process. Travelex will use the unified solution to streamline operational systems, drive business and IT efficiencies anddeliver enhanced agility in existing and new markets. Talend’s free open source community products enabled Travelex to run a proof of concept before deciding to progress. The Talend solution is being implemented at Travelex by leading IT-enabled business services provider and Talend Platinum Partner, Steria. The initial focus is on rolling it out across existing sites before Travelex uses the platform to help the process of moving into new markets. It is being implemented first in the UK but will subsequently be rolled out across another 25 countries.

Adelaide Oval Selects NCR Venue Management Solution

NCR entered in to an agreement with Adelaide Oval SMA Ltd (AOSMA) to deploy the NCR venue management solution at the iconic Adelaide Oval, as part of the major redevelopment currently underway. At the heart of the solution is NCR “Venue Manager” POS and reporting system that has been deployed in more than 200 stadiums and arenas globally. It has been selected to streamline operations, deliver an unparalleled level of service and help deliver a world-class experience in Australia’s newest sports and entertainment complex. It will provide Adelaide Oval with sales information from every POS device and retail outlet in real time, enabling it to accurately report, analyze and forecast sales ensuring real-time inventory control and cash management.

Spending Monitor Up 4 Points in June

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Discover U.S. Spending Monitor rose 4 points to 96.3 in June, its highest point in 2013, following a substantial increase in consumer confidence about the economy. Consumers rated both the economy and their personal finances as more positive in June, and also indicated intentions to spend more over the next…