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 Profits Among Big 6 Headed South in 2016

Card Profits Among Big 6 Headed South in 2016

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Profits (after tax) among the nation’s Big 6 U.S. credit card issuers declined 4.9% in the first quarter (1Q/16), compared to one year ago (YOY) and, down 2.0% sequentially (QTQ). Aggregate card after tax profits for the Big 6 issuers logged in at $3789 million for 1Q/16, compared to $3867 million…

Briefs: NAB; PARAGON; CREDITCALL; and VIRTUAL PIGGY

In Other News: NAB (Velocity); PARAGON (FSS); CREDITCALL (MEPSA); and VIRTUAL PIGGY (IMPACT). NAB – NAB Velocity, the front-end omnichannel payments platform from award-winning credit card processor North American Bancard Holdings, has entered into a partnership with Enspire Commerce’s RetailPoint, a cloud-based mobile point-of-sale (mPOS) customer engagement solution targeted to small and mid-sized businesses. The…

Big 6 Issuer Credit Card Yields Up Slightly with COF Leading the Way

Big 6 Issuer Credit Card Yields Up Slightly with COF Leading the Way

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The average yield among the nations’s big six bank credit card issuers came in at 11.14% for the first quarter (1Q/16), compared to 10.96% in the prior quarter, and 11.00% for 1Q/15. Capital One (COF), the nation’s fastest growing major credit card issuer, again posted the highest yields, besting the average…

FICO Integrates Four New Analytic Tools

FICO Integrates Four New Analytic Tools

Four new analytic technologies recently patented by FICO are being integrated into solutions for cyber security, the Internet of Things (IoT), model governance, and optimization. FICO’s patent for Collaborative Profiling provides an efficient way to recognize when a person’s behavior is changing, and to rank-order the significance of those behavioral changes across many individuals. FICO’s…

Delta Airlines - First U.S. Carrier to Accept UnionPay Cards Online

Delta Airlines – First U.S. Carrier to Accept UnionPay Cards Online

Delta Air Lines has become the first U.S. airline to accept UnionPay cards online. On August 8, UnionPay International and Delta Air Lines jointly announced that the official website of Delta (delta.com) would accept UnionPay cards (card number starting with 62) issued both in mainland China and abroad. Previously, UnionPay International has cooperated with international…

Visa+MC Intl Debit Card Cash Transactions Post Solid Growth

Visa+MC Intl Debit Card Cash Transactions Post Solid Growth

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] International cash transactions (CTX) for Visa and MasterCard credit and debit cards grew by 8.7% year-on-year (YOY) in the first quarter (1Q/16). International CTX for credit cards decreased 1.2% YOY while international CTX for debit cards rose 9.4% YOY in 1Q/16. In the first quarter gross international payment card CTX for…

Biometrics Among Top Factors Driving M-Payment Security

Biometrics Among Top Factors Driving M-Payment Security

A new study reveals the emerging trends driving the global mobile payment security software market are the introduction of mobile biometrics; development of multi-factor authentication; and increased adoption of multimodal biometrics. Technavio’s latest report found that in the retail sector, the integration of biometric technologies in mobile devices can be used to recognize registered customers…