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

Comprion & EMVCo

Comprion test solutions for cell phones, extends its involvement in EMVCo activities. Testing for mobile payment is now required by the mobile operator association GSMA through their NFC Handset Test Book. Comprion joins EMVCo as a Technical Associate. The company offers its experience and expertise in detecting communication problems of the contactless interface used for mobile payment. Paying by cell phone is certainly a convenient way of purchasing everyday commodities; however, it is also a sensitive topic as the user’s private banking data are involved. A high degree of reliability of the deployed technology relying on comprehensive testing is the key success factor. Without testing, technology problems might lead to a lack of user acceptance. Therefore, the GSMA TS.27 NFC Handset Test Book demands that handsets to be used for mobile payment have to run through the EMVCo test plan.

GoHenry Savings

GoHenry banking tools for young people announced new features to help children and teens to easily budget and save. The feature has been introduced to kick off the New Year, when many of us set new goals for our financial lives. It’s been designed to encourage and motivate young people to plan and spend their pocket money and allowances wisely and stay within their means. Children and teens using goHenry now have the option to create multiple Savings Goals so they can save for the things they need and want. goHenry then suggests how much a user should save each week to reach their goal and automatically sets aside a recommended amount on a weekly basis to hit that target. Parents and relatives have the option to contribute towards Savings Goals if they wish. Users set the amount they need and set the date for when they want to reach their Savings Goal. Then goHenry suggests how much the child/teen needs to save each week to reach their goal and automatically pulls the amount they need each week from their pocket money payments into their Savings Goal.