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

Verifone Point Classic & Revel iPad POS Integrated

Verifone Point Classic & Revel iPad POS Integrated

Verifone Point Classic has been integrated with Revel Systems’ iPad Point of Sale (POS) to simplify EMV acceptance and payment management for merchants. By seamlessly integrating with Verifone Point Classic, Revel allows its clients the choice to have their payment systems managed by Verifone. Combining world-class hardware and services into a flexible and robust managed…

USAT Riding High in Self-Serve NFC Small Ticket Payments

USAT Riding High in Self-Serve NFC Small Ticket Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PA-based small-ticket, self-serve specialist, USA Technologies (USAT), posted fourth calendar quarter (4Q/15) total revenue of $18.5 million, a year-over-year (YOY) increase of 44.5%. Net income sunk to a net loss of $874,000 in 4Q/15. At the end of the fourth quarter USAT had 369,000 connections, up 28% YOY. In 3Q/15 USAT reported…

Blesh to Support Google's EID Beacon Frame Type

Blesh to Support Google’s EID Beacon Frame Type

San Francisco-based Blesh will fully support Google’s Eddystone Ephemeral Identifiers (EID), the new privacy/security Eddystone beacon frame type. Eddystone-EID begins the next chapter in the Eddystone beacon standard announced in July 2015 as an open, scalable Bluetooth low energy (BLE) beacon format. Signals broadcast by these Eddystone-EID beacons rotate and change frequently, allowing only authorized…

V+M U.S. Credit+Debit Cash Transactions +2.0% YOY

V+M U.S. Credit+Debit Cash Transactions +2.0% YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Cash transactions (CTX) for Visa and MasterCard U.S. credit and debit cards in the U.S. grew by 2.0% year-on-year (YOY) in the fourth quarter (4Q/15). U.S. 4Q/15 credit card cash transactions were up 8.3% YOY, while U.S. debit card CTX increased 1.9%. Visa’s 4Q/15 CTX for U.S. credit cards was up…

Self-Scanning Solutions Market to Grow 10% CAGR

Self-Scanning Solutions Market to Grow 10% CAGR

The global market for handheld self-scanning/shopping solutions (hardware, software, and services) is expected to grow at a CAGR of 10% to $92M by 2020. According to a new report from VDC Research handheld self-scanning/shopping solutions are dedicated handheld barcode scanners with integrated screens and mobile self-scanning applications for consumer smartphones that are used for consumer…

RIEFS – CUBIC; CHARGENT; RAPIDVALUE; and BKASH

In Other News: CUBIC (Sydney); CHARGENT (linked2pay); RAPIDVALUE (Zervant); and BKASH (Bangladesh). CUBIC – Cubic Transportation Systems (CTS) reports a customer open payments trial will begin in Sydney, Australia in 2017, enabling Sydney to have London-style open payments ticketing technology. The trial would be a first for the southern hemisphere, providing a valuable test case…

MasterCard’s Intl Debit CIF 7X Visa’s Intl Debit CIF

MasterCard’s Intl Debit CIF 7X Visa’s Intl Debit CIF

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International payment cards-in-force (CIF) for Visa and MasterCard increased 7.1% year-on-year (YOY) in the fourth quarter (4Q/15). International debit card CIF rose 9.1% YOY, while international credit card CIF increased 4.2% YOY. 
MasterCard’s international debit card CIF YOY is growing more than seven times Visa’s international debit CIF. International payment card…

YOOBIC; BLUEPOINT; MOOVEL; and THREATMETRIX

In Other News: YOOBIC (award); BLUEPOINT (Surety); MOOVEL (merger); and THREATMETRIX (release). YOOBIC – The Accenture Consumer Innovation Awards has selected US-based Yoobic’s mobile solution that helps brands and retailers monitor in-store execution by enabling data to flow instantly between point of sales and headquarters, giving the retailer feedback and control over in-store activities. The solution…

TSYS Revenues Surge 13%; TransFirst Deal Underway

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GA-based acquirer TSYS reported a solid fourth quarter (4Q/15) as total revenues hit $719 million, a jump of 13.2% year-on-year (YOY). Net income increased 3.6% YOY from $79.9 million in 4Q/14 to $82.8 million in 4Q/15. Revenues for the North America Services segment increased 17.1% YOY to $350 million for 4Q/15,…

USAT Takes Self-Service Transactions to a New Level

USAT Takes Self-Service Transactions to a New Level

The king of integrated cashless and mobile transactions in the U.S. self-service retail market has launched its most progressive solution to date. USA Technologies unveiled ePort Interactive, one of the industry’s most advanced cloud-based interactive media and content delivery management systems, enabling delivery of nutritional information, remote refunds, loyalty programs, and robust, multimedia-marketing campaigns for…