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

New Report - EMV Testing and Certification for Acquirers

New Report – EMV Testing and Certification for Acquirers

Questions have been emerging from merchants and acquirers regarding the requirements for testing and certifying contact and contactless chip-enabled terminals. The EMV Migration Forum released a revised version of the white paper, “EMV Testing and Certification White Paper: Current Global Payment Network Requirements for the U.S. Acquiring Community,” to provide the most up-to-date requirements and…

Mobile Operators Could Fully Exploit m-Commerce

Mobile Operators Could Fully Exploit m-Commerce

A new report projects mobile operators could be handling US$142 billion in m-commerce revenue by 2020 if the barriers currently facing carrier-driven payments are overcome. The report, which was independently conducted by Ovum Research on behalf of DOCOMO Digital, claims if operators, vendors and regulators don’t work together to clear these barriers, carrier-driven payments as…

Visa’s U.S. PDV Growth Hits a Three-Year High

Visa’s U.S. PDV Growth Hits a Three-Year High

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa’s U.S. payment card (credit+debit) purchase dollar volume (PDV), for the first quarter (1Q/16), logged its highest year-on-year (YOY) gain since mid-year 2013. However, there was slight erosion in the average purchase transaction YOY. Even though the big Visa issuers struggle with stagnant growth in accounts (GAC) and cards-in-force (CIF), Visa…

Back Office Fraud Plagues Small Biz; Need Anti-Fraud

Back Office Fraud Plagues Small Biz; Need Anti-Fraud

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] An annual study has found small businesses were fraud victims and had an average of $12,139 stolen in back office fraud in 2015. Javelin’s “2016 Small Business Fraud Report: Small Businesses are Big Targets for Fraudsters” reports finds small businesses are slow to adopt anti-fraud tools, indicating either the tools are…

MasterCard’s U.S. PDV Growth Hits a Four-Year High

MasterCard’s U.S. PDV Growth Hits a Four-Year High

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard’s U.S. payment card (credit+debit) purchase dollar volume (PDV), for the first quarter (1Q/16), logged its highest year-on-year (YOY) gain in exactly four years (1Q/12). However, there was noticeable erosion in the average purchase transaction YOY. Even though the big MasterCard issuers struggle with stagnant growth in accounts (GAC) and cards-in-force…