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

U.S. Bank Commercial Payments Manager

U.S. Bank Commercial Payments Manager

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Bank is expanding its commercial payment suite with the U.S. Bank Commercial Payments Manager (CPM), a new automated solution ideal for mid-sized organizations and those seeking market-leading “virtual card” payment capabilities. Studies calculate the cost of manual expense processing to be about three times that of automation. CPM offers an…

Slim Number of Retailers are EMV Ready

Slim Number of Retailers are EMV Ready

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Only 22% of retailers currently support EMV transactions, but another 53% of retailers plan to implement this capability within 12 months. According to a new special report from Boston Retail Partners (BRP), the threat posed by data security breaches continues to consume retailers’ resources 38% of retailers indicate that payment/data security…

Jo-Jo Stores Spike in Sales By Alipay and WeChat Mobile Payment

Jo-Jo Stores Spike in Sales By Alipay and WeChat Mobile Payment

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] China Jo-Jo Drugstores, Inc. (NASDAQ CM: CJJD) (the “Company” or “China Jo-Jo”), a leading China-based pharmacy with retail, wholesale and online distribution of pharmaceutical and health care products, today announced sequential Q3 Alipay mobile transactions grew 84% while sequential traditional payment transactions such as City Health Insurance payment transactions grew 27%…

Breaking News Mentions in Today’s CardFlash February 17, 2016

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Breaking News: STRAWHECKER (EMV); CURVE (m-Pay); PLDT (PayMaya); and XOOM (Bill Pay). STRAWHECKER – The Strawhecker Group, a management consulting company focused on the global payments industry, released survey results that estimate 37 percent of U.S. merchant locations are EMV-ready four months after the October 1st, 2015 liability shift. TSG’s previous…

Fingerprint Cards Unveils FPCLiveTouch

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Fingerprint Cards (FPC) introduces a novel solution FPCLiveTouch that further improves security for fingerprint sensors by being capable of identifying spoofs. Such spoofs are sometimes referred to as fake fingers. This brings security to a new level without requiring additional hardware and without impact on verification time. The new solution is…

Fingerprint Cards Unveils FPCLiveTouch

MasterCard Expands Cardholder Controls Big Time

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard has unveiled plans to raise the bar on everyday peace of mind, creating global consistency across a series of controls and alerts offered to cardholders. The features – which deliver greater convenience and real-time access to account information — are offered to help protect issuers, merchants and cardholders from fraud.…

Loylogics Hits Full Stride with PointsPay Checkout

Loylogics Hits Full Stride with PointsPay Checkout

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Swiss-based Loylogic has developed a new solution to allow loyalty program members to spend their miles and points when shopping online.   The innovative solution, with unique access to multiple loyalty currencies, allows customers to browse and shop as usual in their favorite online stores. At checkout, users then have the option to…

Africa Visa Openness Index Needs Payments

Africa Visa Openness Index Needs Payments

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The African Development Bank has launched the first Africa Visa Openness Index, which shows how Africa remains largely closed off to African travelers. On average Africans need visas to travel to 55% of other African countries, can get visas on arrival in only 25% of other countries and don’t need a…

FDIC Screws Up Big Time with Credit Card Chargebacks

FDIC Screws Up Big Time with Credit Card Chargebacks

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] When the Federal Deposit Insurance Corp. (FDIC) disclosed in 2014 that they were withdrawing a list they created of merchant categories that were deemed high risk and warranted heightened attention, they acknowledged that this list was used by issuing banks as justification to sever ties with merchants who fell into these…

Virtual Reality is Super Hot for Users & Investors

Virtual Reality is Super Hot for Users & Investors

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Virtual reality is super hot and immerses consumers in sensory and personalized experiences, empowering them to interact with products and services. With mobile devices capable of delivering rich VR experiences, shoppers can tour a store or try on a new fashion anywhere, at any time. The retail environment is constantly changing…