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

Intl Card GDV - Visa Rules Credit; MasterCard Rules Debit

Intl Card GDV – Visa Rules Credit; MasterCard Rules Debit

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Visa and MasterCard international credit card gross dollar volume (GDV) for the first quarter (1Q/16) rose 10.8%, on a currency adjusted basis (FX), year-on-year (YOY). For international debit cards, Visa and MasterCard GDV increased 12.6% YOY FX. Visa outpaced MasterCard in international credit cards 1Q/16 YOY FX growth, while MasterCard took…

First Data & Ingenico Supports EMV Tip Adjust and Common AID

First Data & Ingenico Supports EMV Tip Adjust and Common AID

First Data and Ingenico Group announced that First Data is now offering a new payment acceptance solution leveraging Ingenico Group’s smart terminals that supports EMV tip adjust and Common AID. First Data has Class B+ certified this new solution on its Omaha Platform. First Data’s Omaha application will run on select versions of Ingenico Group’s…

Briefs: PAYSCOUT; DATACAP; KINJERPAY; and ENTERSEKT

In Other News: PAYSCOUT (ACA); DATACAP (EMV); KINJERPAY (app); and ENTERSEKT (CREALOGIX). PAYSCOUT – Payscout, a global payment processing provider, says Fran Fisher has been appointed to the ACA International Council of Delegates. Fisher serves as the Strategic Sales and Business Development Manager-ARM for Payscout’s subsidiary company APS (Powered by Payscout). Fisher’s appointment came shortly…

Among Big 6: Cap One GDV Grows 2X Than Others

Among Big 6: Cap One GDV Grows 2X Than Others

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. Gross Dollar Volume (GDV) among the big six U.S. bank card issuers, rose an estimated 5.9% year-on-year (YOY) but down 8.1% sequentially in the first quarter (1Q/16).  Capital One grew more than twice than the other five. Capital One, like most bank credit card issuers, only reports purchase dollar volume…

U.S. Consumer Credit Remains in Low Single Digits YOY in May

U.S. Consumer Credit Remains in Low Single Digits YOY in May

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] May U.S. consumer revolving credit card debt remains weak growing at an annual rate of +3.0%, compared to a revised +1.7%% in April and a revised +13.2% in March. Overall consumer credit increased at a seasonally adjusted annual rate of +6.2% in May. Non-revolving credit increased at an annual rate of…

Mercator Ankles Iacobuzio as Senior Manager

Mercator Ankles Iacobuzio as Senior Manager

Mercator Advisory Group has ankled Theodore Iacobuzio to the firm’s senior management team as Managing Director of Custom Research and Consulting Services. Most recently before joining Mercator Advisory Group, Ted was responsible for Global Insights, MasterCard Worldwide’s interdisciplinary thought leadership organization. With Global Insights he produced groundbreaking work in consumer acceptance of mobile payments technology,…

Defying Forecasts Late Stage Delinquency is Moderate

Defying Forecasts Late Stage Delinquency is Moderate

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The average late stage U.S. credit card delinquency (90+ day) among the nation’s top four issuers edged down 1 basis points (bps) sequentially, but up 5 bps year-on-year (YOY) for the first quarter (1Q/16). Early stage delinquency, the precursor of 90+ day delinquency, among the peer group, also declined in 1Q/16. For…

Visa and MC U.S. Credit & Debit CIF Break 1.2B

Visa and MC U.S. Credit & Debit CIF Break 1.2B

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. cards-in-force (CIF) for Visa and MasterCard payment cards (credit & debit) increased 6.5% year-on-year (YOY) in the first quarter (1Q/16). U.S. credit cards increased 7.4% YOY while CIF for debit cards rose 5.7% YOY, in 1Q/16. There are were 1218 million Visa and MasterCard payment cards in circulation in the…

U.S. Credit Card GTX Continues Outpace Debit Cards YOY

U.S. Credit Card GTX Continues Outpace Debit Cards YOY

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. gross transactions (GTX) for Visa and MasterCard credit and debit cards grew by 11.9% year-on-year (YOY) in the first quarter (1Q/16).  U.S. GTX for credit cards jumped 12.9% YOY while U.S. GTX for debit cards increased 11.5% YOY in 1Q/16. Visa’s U.S. GTX for credit cards rose 12.2% YOY as…