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

Discover Fourth Quarter 4Q/14 Metrics Stable

Discover Fourth Quarter 4Q/14 Metrics Stable

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Discover’s credit card outstandings continued growth in the fourth quarter (4Q/15) rising 3.2% as Purchase Dollar Volume (PDV) rose 1.8%, year-on-year (YOY). While all other credit card metrics remained stable, overall net income for 4Q/15 soared 24.0% YOY to $500 million. Discover reported credit card end-of-period (EOP) outstandings rose 3.2% YOY…

Breaking News: FITCH; PAYPORT; LENDINGTREE; and METLIFE

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] FITCH – Fitch Ratings has published its monthly ‘U.S. Credit Card ABS Tear Sheet’. This report shows Fitch’s break-even stress scenarios for the largest credit card issuers using February 2016 performance data. The break-even runs are based on the 12- and three-month average performance for each trust, using the current one-month…

Capital One U.S. Cards Continue to Kick Butt in 4Q

Capital One U.S. Cards Continue to Kick Butt in 4Q

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Capital One (COF) continues to lead the U.S. credit card industry in outstandings and volume growth, posting a strong 13% year-on-year (YOY) gain in end-of-period (EOP) outstandings and a whopping 18% surge in Purchase Dollar Volume (PDV) for the fourth quarter. As the most U.S. inclusive issuer, COF U.S. cards reported…

MasterPass is Now Available at South Africa’s iKhokha

MasterPass is Now Available at South Africa’s iKhokha

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Shoppers can now use MasterPass, the digital commerce platform from MasterCard, to safely and seamlessly pay for in-store or face-to-face purchases at over 2,000 iKhokha retailers and service providers in South Africa using their smartphones or tablets. This follows a collaboration announced today by MasterCard and mobile commerce provider, iKhokha, which…

TD APP Adopts Visa’s HCE Tokenization for Android

TD APP Adopts Visa’s HCE Tokenization for Android

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TD Bank Group is the first Canadian financial institution to adopt Visa’s global standard tokenization technology for its TD app for the Android operating system. Powered by Host Card Emulation (HCE), this tokenization technology provides TD customers with enhanced security by substituting sensitive account information with encrypted “tokens” during mobile payment…

PDQ Signature Systems and Datacap Team for EMV

PDQ Signature Systems and Datacap Team for EMV

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] PDQ Signature Systems, a Pennsylvania-based restaurant and QSR Point of Sale provider, now supports US EMV through virtually all US processors via Datacap’s integrated payments solutions. As one of the first POS providers in the country to install EMV-enabled payments in August 2015, PDQ Signature Systems now has thousands of EMV-enabled…

The Clearing House

AccessGateway & Clearing House Team for Real-Time Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] UK-based AccessGateway has announced they will work with The Clearing House (TCH) to link U.S. banks to a new national real-time payments system under development. The announcement comes several weeks’ after TCH revealed that work had commenced on building the industrial-strength payments system, which once completed will be the most comprehensive…

TSYS and Ethoca Team Lower CNP Fraud

TSYS and Ethoca Team Lower CNP Fraud

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] TSYS has inked an agreement with Ethoca, a global provider of collaboration-based technology that enables card issuers and e-commerce merchants to stop card-not-present fraud, recover lost revenue and eliminate chargebacks. Launched through this agreement, the TSYS Transaction Recovery Network, powered by Ethoca, provides near real-time notification of confirmed fraud that empowers…

ARIBA Logo

487 Consulting Services Signs on to SAP AribaPay

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] 487 Consulting Services has signed on to AribaPay. An innovative service offered by SAP Ariba as part of its comprehensive financial supply chain management solutions, AribaPay automates payments between companies. And using it, 487 Consulting Services is able to receive and reconcile payments more quickly and efficiently than ever before. Despite…

MoneyGram Plus Card

UK Post Office Launches New MoneyGram Plus Card

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MoneyGram and the UK Post Office have introduced a new “MoneyGram Plus” card program to enhance the customer experience, saving time and making transactions even more convenient. “MoneyGram Plus” allows both the sender and receiver information to be stored in the MoneyGram system, thereby simplifying the process for repeat transactions. MoneyGram…

Breaking News: I2C, COF, TELENOR and BILLTRUST

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Breaking News: I2C (TIS); COF (Helzberg); TELENOR (wallet); and BILLTRUST (C-TABS). I2C — i2c, a provider of smarter payments and integrated commerce solutions, and TIS, a payments solution provider supporting the end-to-end IT needs of banks and card issuers in Japan and Asia, inked a strategic partnership to standardize prepaid payment solutions…

US Bank Offers C2C Payments via clearXchange Network

US Bank Offers C2C Payments via clearXchange Network

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Bank is enabling its customers to send money to and request payment from anyone across the country with an option for those funds to be available in real time as U.S. Bank goes live on the clearXchange network. The new service requires only an email address or mobile phone number…