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: www.rbm4.com

UniCredit Implements Wincor Nixdorf Self-Service

Wincor Nixdorf UniCredit will be gradually procuring automated teller machines and cash recycling systems from Wincor Nixdorf’s new CINEO generation over the next three years, in a replacement project addressing almost 50 percent of its installed base of self-service systems. Wincor Nixdorf will also be providing services for the bank. All this is the outcome of a 36-month contract that the two companies signed effective March 31, 2013. The first self-service systems have already been ordered and installed and almost 2.000 new CINEO systems are expected to be delivered to UniCredit branches by 2015. Wincor Nixdorf will also be involved in the rollout and implementation of the systems while also providing services to ensure system availability.

Visa Inks Latest Retailer to Digital Wallet

Visa Europe and WorldPay announced that from late 2013, customers of Dixons Retail will be able to make purchases on the Currys and PC World websites using the V.me by Visa digital wallet. V.me by Visa wallet service developed by Visa Europe will be available in the UK and Spain from the end of 2013. It allows consumers to complete online transactions through the internet browser on a PC, laptop, tablet, or smartphone in a simple and easy manner. Full customer card details are not passed on to the retailer, helping encourage consumers to feel safe when shopping online. In addition to the improved customer journey, the streamlined online checkout experience is also designed to reduce basket abandonment and, in turn, increase sales conversions for merchants.

PayLane Signs New Bank Client

PayLane systematically expands the list of banks in its portfolio. Customers can choose to make a transfer from such banks as Bank Millennium, mBank, Credit Agricole, Alior Bank, MultiBank, PKO BP, Deutsche Bank, Alior Sync, Inteligo, Bank BPH (GE Capital Group), ING, KB Kredyt Bank, BZ WBK, Getin Bank. This now includes Nordea Bank (Pay with Nordea), Idea Bank and postal money order. The large number of banks coupled with other payment methods such as credit and debit cards or PayPal, makes it possible for the e-shop customers to find their favourite way of issuing payments. As PayLane received the status of a Payment Institution in May 2013, it is subjected to the regulations of Polish Financial Supervision Authority. Both the merchants and their customers can be sure the wire transfers are secure.

Barclaycard PayBand Set for Concert Debut

Barclaycard PayBand contactless payment wristband has been made available to attendees at this July’s Barclaycard presents British Summer Time Hyde Park event. Barclaycard presents British Summer Time Hyde Park will bring together a host of national and international stars in a series of concerts, comedy shows, films, and family entertainment events. Headlining acts include Bon Jovi, Elton John, JLS and The Beach Boys, Lionel Ritchie and Jennifer Lopez, and The Rolling Stones. With the PayBand concertgoers will be able to beat the queues with fast-track entry, keep connected with Facebook updates, and enjoy the convenience of making quick, easy and secure contactless payments for anything £20 and under at the event.

Conference Board Shows Economy on Steady Assent

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Conference Board Leading Economic Index for the U.S. was up 0.1% in May to 95.2 (2004 = 100), following a 0.8 percent increase in April, and a 0.3 percent decline in March. The LEI six-month growth rate remains steady, suggesting that conditions in the economy remain resilient. Widespread gains in…

CTS Ups Back Office Check and Item Processing Speed

CTS North America branch automation solutions increased the speed of its LS515-SE dual-pocket bulk check and item scanner by 50 percent, further increasing efficiency and streamlining operations for high-volume branches, regional processing centers and remittance and lockbox applications. For financial institutions, the speed upgrade adds to the LS515-SE’s existing durability and provision of increasing back office efficiency at a lower cost and smaller size than competing solutions. Highly engineered front and rear check imaging technology allows the LS515-SE to process 180 documents per minute (DPM), resulting in an even higher rate of production while maintaining its reliability and low jam rates. As a result, banks and credit unions see an immediate improvement in back-counter operations and high-volume bulk check and item processing.

iyzico Payments Raises $1.4m Expansion Funding

After launching iyzico payment platform, iyzi Payments announce that they received Series A investment of 1.4 million US dollars. iyzi Payments will use the investment to accelerate the company’s growth. The company founders, Barbaros -zbugutu, a former manager at Klarna, and Tahsin Isin, a former executive at ClickandBuy, inform that they received investment worth 1.4 million US dollars from a group of leading international business angels. With iyzico merchants can host their payment solution themselves and still be PCI-compliant.

Ukash Partners Limonetik on Regional Expansion

Ukash online cash service selected Limonetik to help accelerate its expansion in the French e-commerce market. Ukash can be purchased at more than 460,000 locations around the world (currently 57 countries), including more than 42,000 points of sale in France, enabling consumers to use cash to shop, pay and play online safely, securely and conveniently. By working with Limonetik, Ukash will be made available as a payment option on larger e-commerce sites without having to connect to multiple payment platforms (PSP) and without heavy integration with back office merchants.

Petro-Canada Implements NCR Software

NCR announced Suncor Energy has selected its “Retalix StorePoint” POS and fuel management software for the company’s Petro-Canada branded retail network. Petro-Canada has more than 1,500 retail outlets across the country and is rapidly expanding its use of technology to enhance shopper experiences and to drive shopper loyalty. Suncor Energy chose StorePoint because the software met the company’s immediate needs and is easily expandable and adaptable to meet future needs. Suncor plans to ramp up marketing and promotions activity at Petro-Canada stores in the near future. This was one of the major considerations in Petro-Canada’s selection of StorePoint. The software supports Suncor’s current needs and can quickly bring new marketing and promotions initiatives to Petro-Canada shoppers as those initiatives are finalized and rolled out.

KBank Enlists Diebold’s Personalised ATM services

Kasikornbank Public Company Limited (KBank) is delivering highly personalized consumer experiences at the automated teller machine (ATM) with a new solution from Diebold. The Diebold Keep In Touch (D-KIT) customer relationship management (CRM) solution combined with Agilis® 3.0 multi-vendor Software enables KBank customers to personalize ATM screens and save favorite transactions for quick access. Diebold is implementing the CRM solution while adding 700 new Opteva® 529 and 569 ATMs to KBank’s fleet of nearly 7,000 Diebold terminals. In addition, Diebold is providing outsourced services that support KBank’s ATM personalization deployment strategy. KBank’s new Opteva® 529 and 569 ATMs using advanced technologies and Agilis 3.0 software provide advanced functionality and enhanced consumer security.

Cellum Launches Subway Passenger mPayments

Vivacom and Cellum Bulgaria has held a joint demonstration of a technology for purchasing and using e-tickets via mobile phones on Bulgarian subway lines. The mobile payment solution is based on QR codes and can be implemented in the next 7-12 months. It was pointed out by Stoyan Bratoyev, CEO of Sofia Metropolitan that the first positive step has been made and the technical solution has proven to be reliable. The next step to take concerns procedural decisions for bringing the solution and the current regulations of the Municipality in line with each other. Cellum Group has launched its first complex mobile payment solution in Bulgaria, named CellumPay, merely half a year after the founding of its Sofia-based subsidiary. Following the first few months of the introductory phase, this new announcement marks a new milestone in the company’s history. The e-ticketing service will be integrated into CellumPay, thus users will be able to purchase subway tickets through the application.

Banamex Partners Ingenico on Contactless Payment Offering

Ingenico payment solutions will support, along with Banco Nacional de México, Banamex, one of the leading financial institutions in Mexico, the deployment of the new contactless payment technology. After some months performing on-field tests with different technology providers, Banamex will continue with the massive introduction with the Ingenico countertop iCT220 and iCT250, portable iWL220 and the PIN Pad iPP320. Making this technology available for 30 thousands retailers and customers during 2013, this initiative will allow the retailers from the different productive sectors serving sundry segments of the population to accept over 1.000.000 contactless cards recently issued in the country.