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

Credit/Debit Card Payments Maintain Lion’s Share of All U.S. Consumer Payments

Purchases of goods and services totaled $9.550 trillion in 2015, up 3.4% year-on-year (YOY). The four card-based methods of payment of credit, debit, prepaid, and electronic benefits transfer generated $5.665 trillion in purchases or 59.32% of all consumer payment systems volume. Credit cards accounted for $2.932 billion, 30.70% of volume. Debit cards accounted for $2.420,…

First PCI PTS 5.x Certified Smart Payment Terminal Enters U.S POS Market

Ingenico has introduced its sleekest, most secure smart terminal specifically engineered for the ultimate checkout experience. Designed for speed and efficiency in any environment, the Lane/7000 enables merchants to increase customer engagement, improve brand loyalty and drive additional sales directly through the smart terminal.  The launch of this device also marks the introduction of Ingenico…

SMEs Targeted for NFC-Enabled EMV-Compliant Groovv POS Flex

Samsung Electronics America and Total Merchant Services unveiled Groovv POS Flex, a comprehensive and easy to use point-of-sale (POS) solution designed specifically for small- to mid-sized businesses. Groovv POS Flex features a Samsung Galaxy Tab E 9.6” Tablet and an EMV-compliant and NFC-enabled payment processing device, which are pre-programmed with a full suite of software…

Mastercard Europe Softens Up as PDV Slips but PTX & CIF Solid

Mastercard’s European region posted sluggish year-on-year (YOY) gains for the third quarter (3Q/16), according to CardData.com. While, on a currency adjusted basis (FX), cash dollar volume (CDV) jumped more than 22% YOY, purchase dollar volume (PDV) declined more than 2% and gross dollar volume (GDV) increase a mere 5.4%. Europe is Mastercard’s second largest international…

Diebold Nixdorf’s New Extreme Self-Checkout Concept is 1.5X the Width of a Dollar Bill

Diebold Nixdorf’s new Extreme Self-Checkout offers the ability to serve as an automated teller machine (ATM), point-of-sale (POS) terminal and a self-checkout unit. The concept enables an unprecedented level of consumer convenience by connecting the physical and digital worlds of shopping to create a seamless end-to-end experience.  By accepting cash, card and contactless payments, the…