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

CARD FORUM 2015

CardWeb.com’s CardConferences today features the CARD FORUM & EXPO, April 8-10, 2015 at the Chicago Downtown Marriott in Chicago. This year the Forum has added a host of new features, including the Merchant & Retailer Think Tank, a new speed round of presentations called PayX and 50% more structured networking opportunities to help foster idea sharing and relationship building that lasts long after the conference concludes. 


Alternative FICO

FICO is teaming up witb LexisNexis Risk Solutions and Equifax to use alternative data to identify creditworthy individuals who would otherwise be unlikely to obtain traditional credit. Card issuers will be able to use the alternative score without having to “rip and replace” existing systems, significantly lowering the cost and accelerating time to market.   

MC AVG US P-TIX

MasterCard’s average ticket (TIX) per purchase for U.S. credit cards has increased 10.3% since 2009, compared to Visa’s decrease of 1.9% during the same five year period. MasterCard’s average U.S. debit card purchase TIX runs about 4.8% higher than Visa’s since 2009. According to CardData, the MasterCard average TIX for full-year 2014 for credit cards is $90.23 and $39.42 for debit cards, up $8.39 and 8 cents respectively, compared to 2010.

JCB 2019

Japan’s JCB continues this year to expand its worldwide acceptance and issuance with new deals in Europe, as well as the LAC, ME and AP regions. Based on current metrics JCB is expected to surpass the US$500 billion in annual transaction value milestone by end-of-year (EOY) 2019. JCB racked up US$223 billion in transaction value last year, according to CardData. Forecaster RAM Research’s CAGR Corner computes JCB’s compound annual growth rate (CAGR) at 18.01%