Robert McKinley, Senior Analyst/Editor Robert McKinley, with 33 years experience covering payment cards and payment systems, is Senior Analyst/Editor for CardFlash and other payments-related publications. He is the retired founder and chief executive of RAM Research, CardWeb and CardTrak. McKinley served as an expert witness in 100+ litigations including two multi-$billion trials, testified before the U.S. Congress, chaired multiple payments conferences, hired as consultant by Fortune 100 companies and several overseas financial institutions. Full Bio: www.rbm4.com

Digital PC Gaming Market Revenue Develops to $26B

Digital PC Gaming Market Revenue Develops to $26B

A webinar and a new report, set for May 4 will explore how games publishers can improve monetization techniques and ultimately drive additional revenue. The new report provides insights into checkout best practices, gamer payment preferences and payment security sensitivities, among other topics. According to Digital River’s “Best Practices: User Conversion, Payment Flows & In-Game…

BRIEFS – JDPOWER; PERK; SCORECEO; and FCFS

In Other News: JDPOWER (survey); PERK (apps); SCORECEO (dashboard); and FCFS (merger). JDPOWER – Big banks have significantly improved in overall customer satisfaction, while Midsize banks have declined and Regional banks have plateaued, according to the J.D. Power 2016 U.S. Retail Banking Satisfaction Study. Satisfaction with Big banks rises for the sixth consecutive year, driven by…

Canada’s Peoples Trust Lands 3 Awards for Prepaid

Canada’s Peoples Trust Lands 3 Awards for Prepaid

Payments eXchange has picked Peoples Trust as the ‘Leading Prepaid Organization’ in Canada, and honored Peoples Card Services’ president, Peter Read, as ‘Industry Person of the Year’. The Company, along with InComm and National Money Mart Company, was also recognized at the annual awards event, for the Titanium+ Prepaid MasterCard®, which took the ‘Best Consumer-Funded…

Bank Tellers Are Only Preferred for Big Check ($1K+) Deposits

Bank Tellers Are Only Preferred for Big Check ($1K+) Deposits

A new study finds U.S. consumers’ preference for depositing checks by teller continues to decline even for higher-value checks. Mercator Advisory Group’s most recent Insight Report, Self-Service, ATM, and Other Channel Banking: Expand My Options, reveals even though tellers remain the preferred method for a $1,000 check deposit, this preference has declined steadily from a…

Wells Fargo Delivers Above Peer Group PDV Gains; Outstandings Remain Strong

Wells Fargo Delivers Above Peer Group PDV Gains; Outstandings Remain Strong

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Wells Fargo first quarter (1Q/16) consumer credit card purchase dollar volume (PDV) soared 13.6% year-on-year (YOY) as purchase transactions (PTX) rose by 11.2%. Active mobile users of Wells Fargo surged 18.8% YOY. Average consumer credit card 1Q/16 outstandings grew 9.6% YOY to $33.1 billion, compared to $34.0 billion for 4Q/15 and $30.1…

Visa Global Volume Growth Robust - PDV & PTX 12%+ YOY

Visa Global Volume Growth Robust – PDV & PTX 12%+ YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa’s first calendar quarter (1Q/16) global gross dollar volume (GDV) and purchase dollar volume (PDV) continued to march higher sequentially, growing 9.4% year-on-year (YOY) and 12.1% YOY, respectively, on a currency adjusted basis (FX). Visa’s total revenue for the quarter increased 6.4% YOY or 9% YOY FX. For the first quarter…

Finacle to Use Samsung SDS FIDO for Payment Biometrics

Finacle to Use Samsung SDS FIDO for Payment Biometrics

Infosys Finacle, a/k/a EdgeVerve Systems, has inked a global partnership with Samsung SDS to provide end customers with a more secure, fast and convenient way to use mobile banking and payment services. This partnership offers financial services customers a seamless user experience and hassle-free access without lengthy authentication processes. This will be achieved using device…

MC Joins Visa in the Need for Speed with New M/Chip Fast

MC Joins Visa in the Need for Speed with New M/Chip Fast

To beef up its existing technology to help speed EMV transactions and shoppers through checkout lines, MasterCard has unveiled M/Chip Fast. Developed on the principles of contactless or ‘tap-and-go’ technology, M/Chip Fast effectively prioritizes the parts of transactions that are critical to security. MasterCard says cardholders can expect to experience speeds closer to the familiar…

Citi N.A. Card Income Falls; OUT & PDV Up; Metrics Stable

Citi N.A. Card Income Falls; OUT & PDV Up; Metrics Stable

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citibank North America branded credit card revenues declined 6.4% and income sank 32.1% year-on-year (YOY) in the first quarter (1Q/16). Citi indicated the higher cost of credit and rewards funding as a factor. Compared to its peer group, the Citi card portfolio was stable with outstandings (OUT) up slightly and purchase…