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 Card & Overall Decline in Spending

Credit Card & Overall Decline in Spending

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Credit spending growth slipped downward in May to 2.4% while SIG and PIN debit each increased slightly over April. According to aggregate same store sales activity in the First Data Point of Sale Network, was impacted by performance in Food Services & Drinking Places, Food & Beverage Stores, Travel, and General…

my Alpha Wallet Integrates MasterPass in Greece

my Alpha Wallet Integrates MasterPass in Greece

Alpha Bank has become the first bank to offer MasterPass service to Greek customers, bringing innovation for digital and mobile purchases. Over 5,000 online retailers in Greece have recognized the new business opportunities e-commerce has to offer and have already enrolled for MasterPass, thanks to payments acceptance implementation provided by Alpha Bank, Eurobank and Piraeus Bank, the…

Do Millennials Have & Use Cards?

Do Millennials Have & Use Cards?

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Two recent surveys have found conflicting data regarding millennials. Bankrate says 64% of millennials do not own a credit card, while FICO consumer research shows that 83% of Millennials fully use credit cards to fund their lifestyle. The Bankrate study shows that credit card usage increases with age, wherein 55% of…

Peach Fuzzer Reveals EMV Terminal Fraud Techniques

Peach Fuzzer Reveals EMV Terminal Fraud Techniques

New research shows EMV terminals can be compromised with malicious spoofed credit cards able to create memory corruptions, denial of services, and arbitrary code execution. Peach Fuzzer says discovering these exploitable vulnerabilities enabled solution providers to mitigate their vulnerabilities quickly and cheaply, before they became a hacker’s attack vector. Researchers from a collaboration between Deja…

Swiftch Deploys Thales payShield 9000 HSMs 

Swiftch Deploys Thales payShield 9000 HSMs 

Dubai-based Swiftch, a payment securing the first Visa Ready and MasterCard self-certified mobile card payment acceptance solution for merchants and acquirers throughout the United Arab Emirates (UAE), is using the Thales payShield 9000 hardware security modules (HSMs). UAE is highly developed in terms of IT infrastructure, internet and smartphone usage, and yet cash is still…

Seamless Inks a Big Deal with UK’s Go Cardless Network 

Seamless Inks a Big Deal with UK’s Go Cardless Network 

Sweden’s Seamless has inked an agreement with the UK-based payments network Go Cardless, offering direct debit services. The GoCardless deal will enable all SEQR customers to link their bank account to the Seamless mobile payment solution, SEQR, regardless of who they bank with. The agreement provides SEQR customers access to the UK Bacs system via the…