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

CommBank Deploys Aimia Real-Time loyalty Offers

Welcome Real-time innovative loyalty solutions announced that it is working with Aimia to deploy its Welcome XLS solution for the Commonwealth Bank of Australia’s(Commonwealth Bank) Awards credit card loyalty scheme. The technology is being hosted by Aimia, who works closely with the bank to develop the loyalty scheme. The Commonwealth Bank recently expanded its Awards credit card loyalty program so that the bank’s 1.3 million Awards members can redeem points instantly nationwide, at one of Australia’s favourite retail department stores, on the items of their choice from fashion to electronic, beauty and home products.

EMVCo Welcomes China UnionPay Membership

EMVCo announced China UnionPay as its latest member. UnionPay now has an equal interest in the standards body. EMVCo’s management structure has been amended to accommodate UnionPay representation on the organisation’s Executive Committee and Board of Managers, in addition to equal participation in its working groups. EMVCo stakeholders can now engage with the standard body’s newest member.

Verafin and Fundtech Launch Fraud Prevention Solution

Verafin announced a partnership with Fundtech transaction banking solutions to integrate Fundtech’s “PAYplus” payment platforms: PAYplus Connect & PAYplus USA with Verafin’s enterprise FRAML solution. This integration of the leading funds transfer solution in the US and North America’s most advanced behavior-based fraud detection and Anti-Money Laundering (AML) analytics gives financial institutions the power to prevent wire fraud in real time. Wires are analyzed, as they originate, for anomalous customer behavior. High-risk wires generate risk-rated, evidence-supported alerts, which are presented in a clear visual workflow. High-risk wires are held as the fraud investigator reviews the alert. The fraud investigator can use the wealth of customer data within Verafin to review the alert.

Accenture Acquires Acquity eMarketing

As part of a definitive agreement, Accenture will acquire Acquity Group, a leading digital marketing and eCommerce company. Accenture has agreed to pay $13.00 per outstanding American Depositary Share, each of which represents two ordinary shares ($6.50 per ordinary share), or a total of approximately $316 million, in cash for Acquity Group. Acquity Group provides strategy, digital marketing, and technical services to hundreds of companies to enhance their brand experiences and eCommerce performance. The acquisition will broaden Accenture’s own services in these areas, which the company provides through Accenture Interactive, its group that offers chief marketing officers (CMOs) and brand leaders a comprehensive suite of marketing, technology and analytics solutions to help them improve their marketing performance. Acquity Group is the second-largest independent digital marketing company in the United States.

Logicalis IaaS Now PCI DSS Compliant

Logicalis international IT solutions and managed services provider announced that it has met a set of PCI DSS compliance standards for its multi-tenanted Infrastructure-as-a-Service platform, enabling UK customers to confidently adopt its cloud and data centre services as part of their wider PCI DSS compliance programs. The fully PCI compliant certification at Logicalis provides an assured foundation for businesses on the path to meeting and maintaining compliance in an increasingly complex regulatory environment.

OTI to Fill Order for 30,000 NFC and Contactless Payment Readers

On Track Innovations received a blanket order for 30,000 of its NFC and contactless payment readers for use in North America from a global leader of integrated technology solutions in the retail petroleum industry. OTI plans to deliver the entire order to its customer this year and expects additional revenues for providing support services to the customer. OTI expects to receive follow-on reader orders from this customer later this year. OTI worked closely with the customer to create a custom-built antenna (hardware) and support the various contactless payment schemes (application) on the reader itself, ultimately providing the customer with an OEM kit to fit the customer’s wide range of products. OTI was chosen over its competitors for its proven ability to solve the customer’s specific needs based on its know-how and extensive intellectual property.

OTI to Fill Order for 30,000 NFC and Contactless Payment Readers

On Track Innovations received a blanket order for 30,000 of its NFC and contactless payment readers for use in North America from a global leader of integrated technology solutions in the retail petroleum industry. OTI plans to deliver the entire order to its customer this year and expects additional revenues for providing support services to the customer. OTI expects to receive follow-on reader orders from this customer later this year. OTI worked closely with the customer to create a custom-built antenna (hardware) and support the various contactless payment schemes (application) on the reader itself, ultimately providing the customer with an OEM kit to fit the customer’s wide range of products. OTI was chosen over its competitors for its proven ability to solve the customer’s specific needs based on its know-how and extensive intellectual property.

KBC Bank Ireland Deploys Dovetail Payments Services

Dovetail next generation payment services hubs announced that KBC Bank Ireland selected, implemented and gone live with SEPA Credit Transfers on the Dovetail Payment Services Hub. The other functionality on the Payments Hub is scheduled to go live in stages in H1 2013. The KBC Bank Ireland program is a rich SEPA solution supporting full SEPA Credit Transfer and Direct Debit processing for mandate management, full Debtor and Creditor Services as well as automatic processing of all ‘R’ messages from clearing channels and clients. The implementation was based on Dovetail’s standard SEPA Reference Solution and took three months from initial kick-off to live operation.

PayAnywhere Announces Channel Rollout Partnership

PayAnywhere mobile point of sale solutions provider partnered D&H Distributing consumer electronics distributor. Part of a retail rollout strategy, the partnership takes the PayAnywhere mPOS solution to small and independent retailers through the country’s largest distributors. Retailers working with D&H distributors can now offer their customers the PayAnywhere mPOS solution as a way to conduct on-the-spot credit and debit card transactions using the mobile credit card reader, increasing sales opportunities and creating an improved checkout experience. Designed specifically to meet the mobile point of sale needs of small businesses and retailers, the PayAnywhere solution works with iPad, iPhone, iPod touch, Android and BlackBerry devices.

TransCard Congratulates FamZoo on 2013 FinovateSpring Award

TransCard prepaid products to financial institutions of all sizes, would like to congratulate FamZoo, the winner of one of five 2013 FinovateSpring Best of Show awards. Developed with TransCard’s prepaid platform, the “family pack” of affordable, widely accepted cards are linked together and accessed online through FamZoo’s award-winning family finance management software tools that help parents teach kids good money habits. This is FamZoo’s second win as Best of Show at Finovate. In 2011, FamZoo was awarded at FinovateFall for the debut of its Partner Edition product, which brings co-branded family finance management solutions to banks and credit unions.

Restaurant Manager to show iPad POS Tech

Action Systems, makers of the Restaurant Manager Point-of-Sale System and long-time leaders in mobile POS solutions for restaurants will unveil their latest iPad POS solution, RM Kiosk, at the National Restaurant Association Show. The RM Kiosk iPad POS app is a customer facing restaurant POS technology developed as a native app for iPad. This self-service solution will allow customers to browse a restaurant’s menu and then place their own order using a sleek iPad interface. RM Kiosk is fully integrated with the Restaurant Manager POS system so restaurateurs with self-ordering kiosks can continue to use a familiar, user-friendly interface to manage their operations.

Chase Tops Keynote mBanking Scorecard

Chase took top honors in the Keynote Mobile Banking Scorecard for overall mobile web experience in Q1 2013. This is Chase’s third consecutive win in Keynote’s ranking of mobile offerings among the 15 largest U.S. banks. In the latest Keynote Scorecard, Chase ranked #1 in two of four categories – Functionality and Ease of Use – to take the top spot overall. Features include “QuickDeposit” mobile check deposit capability; “QuickPay” person-to-person payment service; and Chase Instant Action Alerts to notify customers of a low balance. The Scorecard measures and ranks the 15 largest retail banks in the United States based on a list of more than 100 criteria in four main categories, developed from user testing and research.