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

Application Fraud and Account Takeover Post-EMV U.S.

Application Fraud and Account Takeover

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mitigating credit and debit card fraud could be challenging since the start of U.S. EMV migration. A new report find issuers experience $10.9 billion in direct annual losses to card fraud overall. The LexisNexis Risk Solutions card issuer fraud study, Issuers Confront Application Fraud and Account Takeover in a Post-EMV U.S.,…

Merchant Acquiring Facing New Challenges in Changing Landscape

Merchant Acquiring Challenges

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Merchant acquiring landscape is being transformed by a new cast of industry players providing emerging services such as e-commerce gateways and value-added services such as fraud management systems. Mercator Advisory Group’s most recent research report, Merchant Acquiring’s Ecosystem: Evolving Beyond Transactions says merchant acquiring is a pivotal driver of electronic…

Card Industry Risk-Adjusted Revenue Rises 13% in 2015

Risk-Adjusted Revenue Rises 13%

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Revenue earned by the card industry last year is roughly $165 billion. However, pre-tax net income after all expenses (charge offs, operating expense and cost of funds) falls to $121.0 billion. According to R.K. Hammer there can be a large difference between these two metrics. Risk-Adjusted” is just that, the default…

Mobvoi Smart Watch

Mobvoi Smart Watch Payment

Oberthur Technologies has inked a key partnership with Mobvoi smart watch an artificial intelligence company, and China Union Pay (CUP), to launch one of the first Android smart watches allowing secure contactless payment in China secured by OT’s embedded Secure Element. Mobvoi’s Ticwatch is the best selling Android smart watch in China since its launch…

Mobile In-App Transactions Up 24% YOY

Mobile In-App Transactions Up 24% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Mobile app users are spending $7.40 on paid-for apps every three months and $9.20 on in-app transactions, resulting in a quarter more spending on in-app transactions According to an online consumer survey by Gartner, app users spend 24% more on in-app transactions than on upfront app payments. The survey found that…