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

NFC Takes Further Hold in 1Q & Replace Plastic by 2030

NFC Takes Further Hold in 1Q & Replace Plastic by 2030

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Near Field Communication (NFC) continued to hit stride in the first quarter with new developments across the globe. Recent research predicts plastic cards gone by 2030 as NFC penetration explodes globally. A recent survey shows among all respondents, 73% have heard of Apple Pay, while awareness jumps up to 84% for…

V+M Intl Debit Card Cash Transactions Continue Robust

V+M Intl Debit Card Cash Transactions Continue Robust

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International cash transactions (CTX) for Visa and MasterCard credit and debit cards grew by 8.2% year-on-year (YOY) in the fourth quarter (4Q/15). International CTX for credit cards decreased 4.6% YOY while international CTX for debit cards rose 9.2% YOY in 4Q/15. In the fourth quarter gross international payment card cash transactions…

Top 4 Issuers Active Accounts Deteriorate Except COF

Top 4 Issuers Active Accounts Deteriorate Except COF

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. bank credit card active accounts (AAC) (accounts with sales activity), among the Top 4 U.S. issuers, slipped 1.5% year-on-year (YOY) in the fourth quarter (4Q/15). Capital One was the only issuer to post a positive YOY AAC gain in the fourth quarter. While Chase and BofA had slight erosion, Citibank…

Syniverse and First Performance Global form SyntraPoint

Syniverse and First Performance Global form SyntraPoint

Syniverse and First Performance Global have formed a joint venture to prevent fraud and identity theft as a result of real-time mobile transaction alerts and dynamic card controls. SyntraPoint will be able to allow cardholders to receive real-time alerts through multiple cross-channel delivery mechanisms, including in-app push, SMS, phone call and email. Additionally, transaction controls…

BRIEFS: TNS; MONERIS; I3; and NFG

In Other News: TNS (Bluefin); MONERIS (talech); I3 (acquisitions); and NFG (EMV). TNS – Transaction Network Services is partnering with Bluefin Payment Systems to provide Bluefin’s Decryptx PCI-validated Point-to-Point Encryption (P2PE) solution within its Managed POS Encryption suite. MONERIS – Moneris Solutions and talech have formed a strategic partnership and referral agreement. As part of…

Samsung Corrals POS Manufacturers to Take mPay to Next Level

Samsung Corrals POS Manufacturers to Take mPay to Next Level

Samsung has inked partnerships with the top point-of-sale (POS) manufacturers, including Verifone, Ingenico, First Data Clover, PAX Technology, Equinox, ID TECH, MagTek, USA ePay and OTI Global. Samsung wants to accelerate mobile payment adoption by ensuring the best possible user experience at merchants’ POS systems during checkout. Samsung Pay is the only contactless payment solution…

WEX Fleet Solutions Payment Processing TX +7.1% YOY

WEX Fleet Solutions Payment Processing TX +7.1% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ME-based fuel card kingpin, WEX, reported fourth quarter (4Q/15) total revenue inched up 0.3% year-on-year (YOY), while net income dropped by -54.7% YOY in 4Q/15. Total revenue was $212.6 million for 4Q/15, compared to $226.1 million in 3Q/15, and $211.9 million for 4Q/14. Net income was $21.4 million for 4Q/15, compared…