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

MEA Mobile Wallet Market to Outpace All Others Globally

MEA Mobile Wallet Market to Outpace All Others Globally

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Globally, Asia-Pacific dominated the global market in 2014, but it is changing with the Lion’s share of growth to come out of the Middle East Africa (MEA) market going forward. According to anew report from P&S Market Research, the growing population in developing countries, such as China and India is a…

FEIG’s cVEND Contactless Payment Terminals Coming

FEIG’s cVEND Contactless Payment Terminals Coming

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] GA-based FEIG Electronics is unleashing its new cVEND secure payment solution next week. FEIG’s cVEND contactless payment terminals incorporate the Cardtek EMV Level 2 Kernel (L2K), providing certified EMV-related payment and security functionality on cVEND plug-in modules and standalone card readers. Together, cVEND payment devices and the Cardtek L2K are tightly…

LAC’s UOL BoaCompra Expands to Chile for Digital Payments

LAC’s UOL BoaCompra Expands to Chile for Digital Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] UOL BoaCompra, a specialist in digital goods payments throughout Latin America, is expanding into Chile. The company now offers 18 additional local payment methods including the company’s own currency, BoaCompra GOLD, Redcompra, Servipag.com and Khipu (online bank transfers), enabling international game companies to access a rapidly growing online population in Chile. UOL BoaCompra’s portfolio…

UAE to Fully Accept UnionPay at All ATM/POS This Year

UAE to Fully Accept UnionPay at All ATM/POS This Year

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Later this year the UAE will become another overseas market where UnionPay cards are fully accepted at all ATMs and POS terminals. Over the years, UnionPay International has kept improving its overseas acceptance network according to the trend of international tourism and cardholders’ payment needs, and has made breakthroughs in many…

V+M Intl Debit Card GDV Continues to Soften in 4Q/15

V+M Intl Debit Card GDV Continues to Soften in 4Q/15

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa and MasterCard international card gross dollar volume (GDV) for the fourth quarter (4Q/15) posted $1870 billion, compared to $1953 billion one-year ago. However, the nominal year-on-year (YOY) change is meaningless. 
On a currency adjusted (FX) basis, for 4Q/15, GDV for Visa international credit cards have been growing steadily, up 150…

Big 6 30+ Day Card Delinquency Edges Upward in 4Q/15

Big 6 30+ Day Card Delinquency Edges Upward in 4Q/15

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Early stage delinquency (30+ days) among the nation’s top 6 issuers climbed 5 basis points (bps) sequentially in the fourth quarter (4Q/15) to 1.81%, but remains below last year’s 1.84%. Five of the Big 6, including Chase, Bank of America, Capital One. Citibank, and Discover, posted higher delinquency in 4Q/15. However,…

Boku Brings Direct Carrier Billing to Central Europe

Boku Brings Direct Carrier Billing to Central Europe

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] San Francisco-based Boku, a specialist in direct carrier billing-based mobile payments, announced a series of new partnerships to bring direct carrier billing to Google Play for more than 75 million mobile subscribers across 3 major European markets. As a result of the new deals, subscribers can use one-tap mobile payments to…

MiCamp Solutions to Provide SBE with Complete P2PE

MiCamp Solutions to Provide SBE with Complete P2PE

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MiCamp Solutions will integrate EMV compliancy into all SBE locations to allow for maximum payment processing security to protect customers from fraud when using their credit or debit cards. In addition, MiCamp Solutions will provide SBE with complete Point-to-Point Encryption (P2PE) while implementing tokenization for added payment processing solutions. Founded on…

MBNA Prepares for the UK Google Android Pay Launch

MBNA Prepares for the UK Google Android Pay Launch

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The U.K.’s top credit card expert MBNA will be the first to bring Google’s Android Pay to its customers as the countdown, scheduled for later in 2016, begins. UK contactless spend increased steeply in 2015, more than trebling to reach £7.75 billion. With nearly one in eight card transactions now using…

Revel Opens Dallas Office for its iPad POS Solution

Revel Opens Dallas Office for its iPad POS Solution

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] San Francisco-based Revel Systems has opened a new office in Dallas to scale its domestic operations and meet existing demand for its iPad Point of Sale solution in Texas. With Dallas currently leading all major U.S. metropolitan areas for small business job growth (according to a March 2016 report from Paychex),…

Cheesecake Factory and MyCheck to Intro CakePay in April

Cheesecake Factory and MyCheck to Intro CakePay in April

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Cheesecake Factory has picked MyCheck as the mobile payment platform provider for its new mobile payment app called CakePay.  The app will begin rolling out nationwide next month. From the guest perspective, CakePay works as follows: The guest checks-in to a location. 2. A four digit code is generated and…

First Tennessee & First Data Ink a Deal for Small Biz

First Tennessee & First Data Ink a Deal for Small Biz

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] First Data has inked a major deal with First Tennessee Bank, the largest bank in Tennessee with nearly 200 retail and commercial banking locations. Under the new enterprise agreement, First Tennessee will provide its small business clients with First Data’s innovative products, including the Clover family of business management solutions. First…