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

FIs to Offer Immediate Access to Check Deposits

FIs to Offer Immediate Access to Check Deposits

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fiserv is now enabling financial institutions to offer their customers immediate access to funds from checks deposited through a teller, a mobile device or an ATM. The solution utilizes a patented decision engine to help determine funds availability, while providing protection against return losses and greatly improving the customer experience. Fiserv-commissioned…

ExxonMobile Speedpass+ App Offers More Pay Options

ExxonMobile Speedpass+ App Offers More Pay Options

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] ExxonMobil has gone beyond Apple Pay with the introduction of the Speedpass+mobile app for use at more than 6,000 stations. The app enables customers to authorize a pump for payment securely through the use of cloud-based technology. Customers have the option to select Apple Pay as a default form of payment…

CardFlight and Stripe Enable EMV Payments Within mApps

CardFlight and Stripe Enable EMV Payments Within mApps

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] CardFlight has a new integration with Stripe to empower developers to accept EMV chip card payments from within their own mobile applications.  CardFlight will make available mobile card readers that support EMV chip card and swiped magnetic stripe payments to Stripe merchants and developers. CardFlight’s offering includes software developer kits for…

PayPal TPV and Profits Soar in 4Q/15; Margin Slips

PayPal TPV and Profits Soar in 4Q/15; Margin Slips

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Total payment volume (TPV) for PayPal grew 23.4% year-on-year (YOY) in the fourth quarter (4Q/15). However, the transaction margin declined 240 basis points (bps) in the quarter, compared to 4Q/14. Transaction revenues for 4Q/15 increased 15.3% YOY to $2.26 billion, compared to $1.98 billion in 3Q/15 and $1.97 billion in 4Q/14.…

Other: HYPERWALLET; CASHNET; CHECKALT; MEMBER SOLUTIONS

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] SUMMARY – HYPERWALLET (execs); CASHNET (Higher One); CHECKALT (award); and MEMBER SOLUTIONS (anniversary). HYPERWALLET – Hyperwallet announced the hire of two new senior team members. Tomas Likar will become Hyperwallet’s Vice President of Strategy and Business Development, and Daniel Berardo joins as Vice President of People. CASHNET – Higher One, a…

Finetics Studio Releases B2B and Blockchain Video

Finetics Studio Releases B2B and Blockchain Video

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The Bancorp has released its next Finetics Studio interview series: “Innovation in B2B and Blockchain.” The latest video features Rene Lacerte, CEO and Founder, Bill.com; Chris Byrd, Executive Vice President–Healthcare Operations Officer, Evolution1; and Steve Kirsch, CEO, Token. Filmed from the Money20/20 show floor, the exclusive interviews cover innovations in business-to-business…

JCB and UniCredit Target Italy for Expanded Acceptance

JCB and UniCredit Target Italy for Expanded Acceptance

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] JCB and UniCredit have launched a partnership to broaden JCB card acceptance in Italy for tourism and business. The deal enables the use of JCB cards at UniCredit ATMs and Italian merchants who are clients of the banking group, significantly increasing JCBI’s presence in the Italian market and offering more choices…

Comdata and CAT Scale Beef-Up Payment Capabilities for Weigh My Truck App

Comdata and CAT Scale Beef-Up Payment Capabilities for Weigh My Truck App

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Comdata is adding new payment capabilities for CAT Scale transactions within the Weigh My Truck mobile app. Truck weighs are an important industry practice for over-the-road drivers needing to comply with stringent weight regulations and avoid potential fines associated with overweight or misbalanced loads. Unfortunately, these necessary stops can also be…

Over 2 Billion QuickPass UnionPay Cards Issued

Over 2 Billion QuickPass UnionPay Cards Issued

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] China UnionPay is expanding Cloud QuickPass overseas. There are more than 7 million QuickPass terminals in China. Nearly 180,000 POS terminals in Hong Kong, Macao, Taiwan, South Korea, Australia, New Zealand, Singapore and other markets have been enabled to accept QuickPass. In 2015, the overseas transaction volume of UnionPay QuickPass registered…

MasterCard Identity Check Uses Daon's IdentityX Platform

MasterCard Identity Check Uses Daon’s IdentityX Platform

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard is utilizing Daon’s IdentityX Platform as one of the authentication technologies behind MasterCard Identity Check. The app-based authentication solution, commonly dubbed “Selfie Pay” by the media, leverages a mobile device to secure online payments and mobile banking applications using fingerprint and facial recognition. MasterCard Identity Check employs a layered approach…