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

USA Technologies Refines Customer Agreements

USA Technologies entered into three new exclusive agreements with existing customers during the third quarter ending June 30, 2013, adding to the exclusive agreements already entered into in Fiscal 2013. The three agreements call for exclusive use of USAT’s comprehensive ePort Connect® service and are all three years in duration. The new exclusive customers, City Vending Company, Fresh Brew Group and American Food and Vending Corporation, are all regional vending companies. As of March 31, 2013, USAT had over 4,500 customers and 196,000 connections to its ePort Connect service, increases of 59% and 32%, respectively, since the same period in the prior year.

Datacard Releases New Instant Issuance System

Datacard Group secure ID and card personalization solutions continued investment and expansion of its desktop card issuance product portfolio with the availability of the Datacard® CE840 TM instant issuance system. This new CE840™ system gives financial organizations, retail, government and other card issuing organizations the ability to issue secure, personalized cards on demand or in low-volume batches. Offering high-quality embossing and indenting up to 150 characters, the CE840™ system features magnetic stripe encoding and a single 100 card input hopper with locks to help ensure the security of the cards. In addition, it has optional features such as direct-to-card color printing and smart card personalization capability.

Consumer Delinquencies Plummet

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The improving health of U.S. consumers, according to the latest index results from Fitch Ratings, has seen delinquencies plunge to new lows. In conjunction with a five-year high for consumer confidence in May, U.S. consumers continue to chip away at their debt, which impacts credit card ABS performance. Fitch anticipates stability…

Cardlytics’ Card Marketing Gain Latest Client

Cardlytics Card-Linked Marketing announced its platform has been deployed by San Diego County Credit Union (SDCCU) to provide targeted rewards to their members in San Diego, Riverside and Orange counties. SDCCU implemented the platform through an ongoing partnership between Cardlytics and Fiserv, which provides SDCCU with Corillian Online, the industry’s leading online banking solution. Relevant offers are now presented on each member’s checking account detail page within the credit union’s secure online banking platform – achieved by leveraging information about previous purchases. There are no coupons or promotion codes required and no member data leaves the credit union’s secure environment.

Fifth Third Bank Launches Stand Up To Cancer Debit Card

Fifth Third Bank announced the launch of the Fifth Third Stand Up To Cancer Debit MasterCard. Stand Up To Cancer is a groundbreaking initiative that facilitates scientific collaboration to accelerate innovative cancer research and bring new therapies to patients quickly. The Fifth Third Stand Up To Cancer Debit Card is now available through any of the Bank’s more than 1,300 banking centers and can be used everywhere Debit MasterCard is accepted. A portion of the annual fee and every qualifying card purchase will support Stand Up To Cancer.

Rototype Launches Cashless ATM

Rototype International unveiled its new ATM, the CJD 8000 Cashless ATM. Rototype’s innovation enables banks to tap into this business segment by enabling a new cashless payment transaction using existing ATM networks. With this, every merchant’s sales transactions will translate into direct deposits into their operating account – thus reducing the need of handling physical cash. Banks will eliminate cash replenishment headaches and reduce non-interest generating cash in traditional ATMs. Banks can provide the Rototype cashless ATM facilities surcharge free to the merchants’ customers while managing their business operating accounts. This strategic partnership reduces the barriers to entry for these merchants in order to conduct cashless transactions in their business.

PayAnywhere mPOS Partners US Boy Scouts

PayAnywhere mPOS solutions announced the PayAnywhere app and credit card reader have been selected and deployed as the mobile credit card processing solution of choice to support CAMP MASTERS Popcorn sales across the U.S. Boy Scout Councils and Units selling CAMP MASTERS Popcorn will be able to boost sales and capture transactions from customers who may not have cash readily available. CAMP MASTERS Popcorn has partnered with PayAnywhere to make mobile credit card processing a key component in the sales process, integrating it throughout the entire program for Scouts selling in front of stores as well as Scouts selling door to door in neighborhoods. The PayAnywhere mobile credit card reader is a small accessory that plugs into the audio jack of smartphones and tablets, transforming them into mobile payment terminals that can swipe credit cards to securely process payments. PayAnywhere is used today by merchants ranging from billion dollar enterprises to the weekend neighborhood garage sale.

German American Implements ACI Banking Platform

ACI Worldwide (ACIW) banking and payment systems announced that German American Bancorp will expand its online service offerings to business customers. With the ACI Enterprise Banker solution, German American will offer business customers a single, fully-integrated platform that delivers a seamless front-end experience and enables use by a broad range of users. German American’s solution will be managed by the ACI On Demand team from ACI’s world-class data center, ensuring maximum availability and business continuity for the bank’s growing online business customer base.

SoftBank Mobile Picks Gemalto for mNFC ecosystem

Gemalto digital security implemented the commercial launch of mobile NFC services for SoftBank Mobile. Powered by Gemalto’s Allynis Trusted Service Management (TSM) solution, the TSM infrastructure allows operators to easily bring new service providers into the ecosystem. The solution is hosted in Gemalto’s secure data center based in Singapore, providing 24/7 availability to ensure business continuity for SoftBank Mobile. The support of NFC international standards now allows contactless service interoperability across all mobile operators and service providers. This development will also the door to cross-border commercial agreements, targeting international travelers.

Experian Intros No Claims Discount DB

Experian launched its No Claims Discount (NCD) database, a centralised database of records associated with any individual’s ‘no claims discounts’. Now the insurance industry will be able to confidently, quickly and easily validate the ‘no claims’ history declared by individuals during the quotation, underwriting and claims processes. Brokers and insurers can use the NCD database from Experian to replace the expensive and labour-intensive manual process to collect data that they currently use, minimising risk and providing a better service for customers. Experian’s NCD database will ensure the correct risk assessment is completed on individuals and the right rate is assigned, increasing customer confidence in the accuracy of data used by insurers. It will eliminate the need for customers to submit written proof of their no claims history, reducing policy delays and improving their overall application experience.

Credit Outstanding Hits Highest Point Since January

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] With the total outstanding revolving US consumer credit down 2.4% in March to an adjusted $846B, it erased all positive momentum in April, springing to the highest outstanding total to $849.8B. Although rather stagnant against recent months, April revolving credit outstanding is way down from the year ago figure of $862.3B-…