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

MasterCard Ankles New President of U.S. Issuers.

MasterCard Ankles New President of U.S. Issuers.

MasterCard has ankled Raj Seshadri as president, U.S. Issuers. Most recently, Seshadri was a managing director at Blackrock, leading the company’s iShares U.S. retail ETF business. At MasterCard, she will be responsible for managing and expanding the company’s partnerships with banks and credit unions across the U.S. market. Earlier in her career, Seshadri held roles…

Consumers - Not Just Merchants & FIs - Suffer From CNP Fraud

Consumers – Not Just Merchants & FIs – Suffer From CNP Fraud

While not widely discussed, CNP credit and debit card fraud creates cardholder anxiety and negatively affects consumers’ online shopping behaviors, much to the detriment of FIs and e-commerce merchants. A new study from Tender Armor, in partnership with Sparks Research, also found 78% of online shoppers want more protection for their payment card data when…

CPI; PROPAY; NAB; and SIONIC

In Other News: CPI (ICMA); PROPAY (Samsung Pay); NAB (exec); and SIONIC (ION). CPI – CPI Card Group, a global specialist in financial and EMV chip card production and related services, announced 24 employees have recently passed the International Card Manufacturers Association’s (ICMA) Advanced Card Education Manufacturing (ACE-M) accreditation and/or the Advanced Card Education Personalization…

7 Early Warning Red Flags for Card Investors & Issuers

7 Early Warning Red Flags for Card Investors & Issuers

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] While credit card investors have access to issuer financial statements, regulatory filings, conference calls, and annual reports, there are many red flags not apparent, masking potential risk. Robert Hammer, Founder and CEO at R.K. Hammer & Card Knowledge Factor, ticks off the seven early warning signs to look for in any…

US Network Gross Credit Card Accounts to Top 500MM

US Network Gross Credit Card Accounts to Top 500MM

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total U.S. gross accounts (GAC) in the fourth quarter (4Q/15) for Visa, MasterCard, American Express and Discover U.S. credit cards was up 6.6% year-on-year (YOY). At the end of 4Q/15, there were 498.5 million U.S. credit GAC compared to 491.0 million for 3Q/15, and 467.5 million for 4Q/14. 
Visa U.S. credit…

Visa and MasterCard X-Border Volume Continues to Soften

Visa and MasterCard X-Border Volume Continues to Soften

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cross-border transaction volume for Visa and MasterCard continued to slide in the fourth quarter (4Q/15). Visa’s cross-border currency adjusted (FX) gross dollar volume (GDV) increased 4.0% YOY, while MasterCard rose 12.3% YOY for FX GDV in the fourth quarter. Cross-border volume refers to payments and cash volume where the issuing country…

Visa and MC Lead Global PDV Growth with 11% YOY

Visa and MC Lead Global PDV Growth with 11% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) globally rose 6.3% year-on-year (YOY) on a nominal dollars basis for the fourth quarter (4Q/15). However, on a currency adjusted basis (FX) global 4Q/15 PDV increased 10.8% YOY.  The major four networks posted $2489 billion in…

Azimo Accelerates Scandinavia’s Cashless Society

Azimo Accelerates Scandinavia’s Cashless Society

London-based digital money transfer specialist, Azimo, has launched services in Denmark and Sweden, increasing the countries it serves to 22. Through a strategic partnership with European online payments service provider Trustly, hard-working migrants can now send Danish Krone (DKK) and Swedish Krona (SEK) from their mobile or desktops to family and friends in over 190…