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

AvidXchange

AvidXchange has teamed withViewpoint Construction Software, a provider of innovative construction-specific software solutions to the global construction and capital project industries. AvidXchange and Viewpoint have formed a strategic partnership to deliver clients a best-in-class payment automation solution with a strong integration to Viewpoint’s ERP solutions, Vista by Viewpoint and ProContractor by Viewpoint.

U.S PDV Q2/15

Purchase dollar volume (PDV) for Visa, MasterCard, American Express and Discover cards (credit + debit) in the U.S. climbed 7.6% year-on-year (YOY) in Q2/15 reaching a record $1205 billion. Visa led the way in the second quarter posting a 8.8% YOY gain for U.S. PDV, according to CardData. However, YOY PDV growth is slowing a tad for all four U.S. networks.

Visa LAC Exec

Visa has named a 15-year veteran of the Company as the Group Executive for the Latin America and Caribbean (LAC) region, effective September 1st. Eduardo Coello will be responsible for all of Visa’s operations in the region including regional business development and client relationship management with financial institutions, merchants, and partners across 44 countries in LAC.