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

TÜV NORD’s Online Store Selects Wirecard for Total Payment Management

Germany-based Wirecard has inked a deal to handle all payment processing for TÜV NORD’s upcoming online shop. Wirecard is incorporating all common payment methods in this service, among others Visa and MasterCard and will process the payments. In addition, it will be possible to buy on account with a payment guarantee in the near future.…

AmEx Aims to Reduce Fraud in its Digital Channels Bigly w/Acquisition

American Express has acquired InAuth to help merchants and partners to identify potential fraud utilizing its mobile-first device authentication capabilities. The acquisition also positions the company to capture new opportunities as more consumer activity – from payments to account origination and servicing – moves to digital channels. The acquisition complements and enhances American Express’ comprehensive…

Biggest U.S. Retailers Have Unpatched Cybersecurity Vulnerabilities

New cybersecurity research reveals nearly 80% of the largest holiday retailers may not be using intrusion detection or prevention systems to monitor all traffic within the cardholder data environment. Additionally, over 90% of major holiday retailers have a SPF Record missing, which increases the risk of an email spoofing attack reaching consumers. SecurityScorecard’s 2016 Biggest…

Conversational Banking Marries Mobile Multi-Currency for WeChat

Toronto-based Zenbanx introduced “conversational banking,” the ability for customers to use messaging platforms to sign-in, check balances, get exchange rates, and send money from their Zenbanx account without ever leaving their conversation. WeChat, one of the most popular messaging apps in the world, is the first messaging platform to adopt Zenbanx’s conversational banking feature, a simple…

Western Union Invests in Walletron to Advance its M-Tech Capabilities

The Western Union has taken a stake in Walletron, a pioneer in mobile wallet bill presentment and payment capabilities. The investment supports Western Union’s strategic direction to bring smart and convenient payment experiences to its customers via smartphones. Walletron automates brands’ presence in mobile wallets like Apple Wallet and Android Pay, powering digital engagement and…