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 Cards Play a Vital Role in Small Business Survival & More So in 2017

Four out of five small businesses have a positive outlook and expect 2017 to be a good time to borrow funds to invest in their businesses. Nearly all have some type of business account with a financial institution including eight out of ten who have a business credit or charge card. Mercator Advisory Group fielded…

Major Sub-Prime Credit Card Issuer Erects a New Headquarters in Las Vegas

Credit One Bank, one of the nation’s top sub-prime credit card issuers, broke ground on its new headquarters in Las Vegas. Scheduled to be operational by the end of 2017, the new headquarters can accommodate up to 500 new jobs, including technical, analytical and marketing positions. Credit One Bank offers a range of full spectrum…

Identity Theft Now Accounts for 64% of All Data Breaches Globally – Email a Big Concern

New research reveals 90% of enterprise IT professionals are concerned that employee reuse of personal credentials for work purposes could compromise security. However, with two thirds (68%) saying they would be comfortable allowing employees to use their social media credentials on company resources. Gemalto’s research suggests that personal applications (such as email) are the biggest…

Smart City Citizens Sharing Personal Data Creates a New Revenue Opportunity

The rapid pace of technological and societal change has given government CIOs a new sense of urgency and a willingness to experiment with smart city and open data initiatives. By 2019, 50% of citizens in million-people cities will benefit from smart city programs by voluntarily sharing their personal data. Research firm, Gartner, predicts 20% of…

Branded Mobile Payments Apps Will Enter the Stratosphere in 2017

Hundreds of new payments apps will flood the market by 2018. The flurry of apps is expected to confuse the consumer struggling to find a convenient mobile payment solution for purchases online, in-app, and in-store. Javelin Strategy indicates mobile proximity payments will reach $92 billion by 2019. As a result merchants and card issuers are…

Convergence, Interconnection and Security-as-a-Service — IT Buzz Words for Next Year

The global IT transformation underway in overdrive will trigger significant changes for several industries in the coming year.  With an unmatched geographic footprint across 40 global markets, and with more than 8,000 customers and 188,400 cross-connects, Equinix has unique data-driven insights into the key drivers pushing enterprises to succeed in the digital economy. This unique vantage point is enabled through…

Despite M-Banking Buzz Millennials Visit Brick&Mortar Branches Most Often

Consumers increasingly expect financial services on-demand and on their terms. While a majority of consumers prefer online or mobile banking, and those channels are far more frequently accessed for day-to-day interactions, a surprisingly high number of consumers still visit the branch. A new white paper from Fiserv details the results of “Expectations & Experiences: Channels…

Nexonia and Tallie Do the Tango Forming #1 SaaS Expense Management Platform

Nexonia, a provider of web and mobile business financial management solutions, and Tallie, a provider of an accounting profession’s expense report solution, will merge, effective immediately. The combined company will form the largest and fastest growing independent time and expense management platform, giving customers feature-rich SaaS financial management software, best-in-class highly configurable integrations and industry-leading…

Casando Picks Wirecard for Online Payment Processing/Risk Management

Wirecard is now responsible for payment processing and risk management for Casando, Holz-Richter’s online shop. This means that Wirecard integrates a wide range of payment solutions into the Europe-wide timber merchant’s online shop: global payment processing for all common local and international payment methods, card acceptance, alternative payment methods and a comprehensive risk management facility…

UnionPay’s X-Border Marketing U Plan Adds China Everbright Bank

China Everbright Bank is now deploying U Plan, the cross-border marketing service platform launched by UnionPay International. From now on, customers may get exclusive U Plan coupons via the mobile app of CEB credit cards. Shopping at merchants outside mainland China, customers are able to enjoy the highest discount available by presenting the coupon and…

PayPoint One EPoS Platform Selects Datalogic’s Heron Bar Code Scanner

PayPoint has chosen Datalogic’s Heron bar code scanner for its PayPoint One EPoS platform. The platform, launched at the end of September, was developed in conjunction with Datalogic Platinum Partner Box Technologies, to provide retailers with a simple and cost effective solution for processing transactions. Additionally, it offers a modern approach to accessing reports and…