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

Fiserv Partners with Financial Market Data Services

Fiserv partnered Financial Market Data Services (FMDS) to offer broker-dealers, asset managers, turnkey asset management providers and outsourcers a fully-outsourced, end-to-end securities class actions claims processing solution. The solution focuses on managed accounts, a high growth segment, and can easily be extended to support all class actions claims for a firm, bringing efficiencies to what can be an inefficient, fragmented and manual process. Fiserv has more than 4 million accounts on its wealth management platforms and over 1.3 million UMA sleeves. With the acquisitions of AdviceAmerica financial planning technology and CashEdge data aggregation capabilities, Fiserv has extended its leadership position with technology that can support all functions of a wealth management business with a truly integrated, end-to-end solution.

WEX Partners with Alegeus Technologies on Virtual Card Solution

WEX, a leading provider of corporate payment solutions, announced it has partnered with Alegeus Technologies, the market leader in healthcare and benefit payments, to introduce a virtual card solution for the post-adjudication claims market. An alternative to automated clearing house (ACH) payments, the new solution offers an additional electronic settlement method for payers and providers – using WEX Health electronic technology to settle claim payments more efficiently and eliminate costly check payments. Unlike ACH, virtual card payments do not require additional information or consent from providers to implement if they are a MasterCard accepting merchant. A provider can be set up to receive virtual card payments from participating payers automatically, giving payers the option of transitioning a large percentage of provider payments from paper checks to virtual card payments.

Signature Card Services Partners Ingenico on EMV

Signature Card Services, is offering free EMV-enabled terminals to its merchants in the U.S. to make their transition to the EMV standard as economical and effortless as possible. The company has chosen Ingenico’s EMV terminals to be installed for interested merchants starting June 15, 2013. Ingenico is a global leading provider of payment solutions with more than 20 million terminals deployed in 125 countries and deep experience in EMV migration. Signature Card Services has chosen Ingenico’s Telium2 series payment devices for its EMV terminals. The company partners with Ingenico for its high-quality products and services, as well as the knowledge and expertise that Ingenico brings, having supported EMV transactions in Europe and Canada for over two decades.

Fiserv appoints VP Channel Management, Card Services

Fiserv financial services technology solutions announced Dr. Kathy Herziger-Snider joined the company as vice president of channel management, Card Services. Here Dr. Herziger-Snider will provide strategic business development leadership, with a specific focus on the credit union segment, for the Card Services division. Herziger-Snider comes to Fiserv with extensive payments and core services industry expertise. Most recently she was vice president of product development at CO-OP Financial Services where her responsibilities included establishing execution and delivery of the organization product plan into the overall corporate strategy. In addition, she was responsible for the technical integration of mature and emerging products into competitive market strategies. She served at CO-OP Financial Services for 12 years in a variety of executive positions.

Fime EMVCo Contactless Qualified

Fime America has become the first laboratory to achieve test bench qualification for EMVCo Contactless Card Level 1 in North America, authorizing the advanced testing provider to offer contactless card level 1 testing services for EMVCo members. EMVCo is the EMV standard body for credit and debit payment cards based on chip card technology. It has an established certification program to confirm products meet the requirements outlined in the EMV Specifications. This promotes increased levels of confidence that EMV products will perform as intended and ensure interoperability between payment devices. FIME America partners with a number of leading schemes and industry bodies to provide certifications and enhance the secure chip ecosystem. FIME’s Montreal laboratory now offers American Express, Isis, MasterCard Mobile certifications as well as card and terminal testing for Discover Zip, Interac Dual Interface, STAR Certiflash and MasterCard PayPass.

Boku Brings mPayments to Smart TVs

Boku online mobile payments announced a partnership with PlayJam the premier global platform for games on TV. The partnership brings carrier billing to smart televisions and other consumer electronics around the world, including devices from Samsung, Panasonic, LGE, Vizio, Western Digital, Google TV and VESTEL. This agreement allows more than 90 Million consumers to use their mobile phone number to purchase games, upgrades and other services on PlayJam’s global marketplace. PlayJam’s network represents over 45% of all games played on Smart TVs in over 100 territories worldwide and serves over 150 TV apps on a wide variety of CE manufacturer devices. Users can checkout simply by entering in their mobile phone number with the charges appearing on their carrier bill.

Oberthur Partners HID Global on mNFC SIM Cards

Oberthur Technologies partnered HID Global, offering capability to support “Seos” digital keys on NFC-enabled smartphones. The partnership enables the Seos digital keys applet to be embedded in Oberthur Technologies NFC SIM cards, making it possible to use NFC smartphones for a wide range of applications that typically reside on smart cards. Oberthur Technologies´ dragonFly product family is a new generation of NFC SIM cards that combine speed and include best-in-class certifications (Common Criteria EAL4+, MasterCard, Visa, MIFARE DESFire™) and integrated anti-virus protection. The solution supports key applications driving NFC deployments such as transport, payment and access control. It also supports applications that facilitate a more convenient user experience, such as the use of a mobile phone for hotel check-in and hotel room access.

Tradeweb Announces E-pre-Trade Credit Check

Tradeweb Markets, the leading global provider of fixed income and derivatives marketplaces, supported the first electronic indicative pre-trade credit check between a buy-side client and a futures commission merchant (FCM) for an over-the-counter derivatives transaction. Using the electronic credit checking solution from Tradeweb, the customer successfully received an indication of available credit from J.P. Morgan as the clearing bank and executed a cleared interest rate swap trade. The new global regulatory environment for trading swaps will require a majority of financial institutions to begin clearing derivatives trades. It’s increasingly important that clients have efficient and cost-effective tools that give them real-time information about their ability to clear; especially for market participants preparing for the mandatory clearing deadline on June 10, 2013 under Dodd-Frank.

Agilysys Software Taps Healthcare Market

Agilysys, a leading provider of innovative information technology and hospitality software, services and solutions, continues to expand its footprint in the U.S. healthcare market. Hospitals and other healthcare providers in almost every state, ranging in size from large multi-facility systems to single freestanding hospitals, use Agilysys solutions for point-of-sale, inventory and procurement, document management and self-service to enhance productivity and profitability. InfoGenesis POS is an award-winning point-of-sale solution that combines powerful reporting and configuration capabilities in the back office with a fast, intuitive and easy-to-use terminal application. The flexible system is easy to set up, and its scalable architecture enables customers to add workstations without having to build out expensive infrastructure. It also integrates easily with other applications. The software’s detailed and high-quality reporting capabilities give insight into sales data and purchasing trends. InfoGenesis POS is available as an on-premise solution or through a subscription service.

INSIDE Secure and CPI Card Make Available MasterCard EMV

INSIDE Secure and CPI Card Group (CPI) announced that two new jointly developed M/Chip™ Advance EMV card products have been approved by MasterCard. The two products offer capabilities specifically designed to meet the unique requirements of the U.S. market. In support of issuers wishing to use these products, Datacard Group is offering complete turnkey hardware and software personalization solutions, as well as personalization scripts. These new card products give issuers the greatest flexibility in migrating to EMV. One product has been optimized to support online-only EMV card programs, while the other supports both online and offline payment transactions.

Barclaycard and Diners Club Announce Processing Partnership

Barclaycard Global Payment Acceptance and Diners Club International announced a new joint agreement to allow the acceptance of Discover and Diners Club cards by merchants using Barclaycard’s payment acquiring services. With this, merchants using Barclaycard’s payment acquiring services will be able to accept payments from Discover, Diners Club International and Discover Network partners cardholders from around the world. Barclaycard will subsequently add acceptance of Discover Network and Diners Club International’s cards as a standard to its payments processing services portfolio early 2015.

Nationwide Deploys NCR ATM Security Technology

NCR Corporation announced the Nationwide Building Society retail banking is deploying NCR Skimming Protection Solution (SPS). The deployment of the NCR security solution across 424 cash machines in the U.K. will also help Nationwide to improve the availability and usability of its cash machines and manage business risk more effectively. NCR designed SPS software to enable its random, multiple-jamming hardware module to block criminal “listening” devices from capturing card data. The new technology also prohibits criminals from tampering or removing the original cash machine bezel and helps promptly detect fraudulent devices. These features help provide reassurance and maximum availability to both financial institutions and their customers. SPS also constantly reports on the health of the cash machine and can report in real time any attempt to tamper with or disable the jamming signal to law enforcement and the financial institution.