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

US Retail Credit Card Portfolios Under Temporary Pressure

US Retail Credit Card Portfolios Under Temporary Pressure

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The recent April bump up in the charge-off ratio for retail credit cards may be short-lived despite the recent lags in U.S. economic growth. Fitch Ratings says retail charge-offs should rise in the next month, but Fitch does not expect this change to carry into the longer term or spread to…

FreshBooks Intros First Card Reader for Android

FreshBooks Intros First Card Reader for Android

Toronto-based FreshBooks has introduced the FreshBooks Card Reader for Android. FreshBooks’ first piece of hardware, the card reader helps small business owners accept credit card payments from anywhere using their mobile device. Offering the most up-to-date EMV security technology, the FreshBooks Card Reader provides dual chip-and-swipe capability to protected small business owners from fraudulent transactions.…

Citi’s LAC and AP Intl Card Units Show Further Deterioration

Citi’s LAC and AP Intl Card Units Show Further Deterioration

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Citibank’s international credit card business in the Latin America Caribbean (LAC) region continues to struggle in the first quarter (1Q/16) as all metrics are negative year-on-year (YOY) and quarter-to-quarter (QTQ). After currency adjusted (FX) Citi LAC posted flat revenue and negative income. In the Asia (AP) region, which also includes the…

MasterPass to Energize the Humanoid Robot Pepper

MasterPass to Energize the Humanoid Robot Pepper

MasterCard is going back to future introducing the first commerce application for SoftBank Robotics’ humanoid robot Pepper. The application will be powered by MasterPass. Pizza Hut Restaurants Asia P/L will be the inaugural launch partner working with MasterCard. A major first step forward in bringing conversational commerce experiences to merchants and consumers, this new app…

Rapid Migration to Mobile Functionality is Drivings FIs Nutz

Rapid Migration to Mobile Functionality is Drivings FIs Nutz

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] The dramatic shift to smartphones and tablets is driving financial institutions crazy to keep up. New research shows 50% of the U.S. adult population use mobile functionality to bank, which is 29 million more than last year. JAVELIN’s 2016 Mobile Banking Financial Institution Scorecard: Mobile Becomes the Remote Control for Banking,…

Wells Fargo Wallet for Android to Hit the U.S. Market

Wells Fargo Wallet for Android to Hit the U.S. Market

Wells Fargo Wallet is integrating into the existing Wells Fargo mobile app experience for Android users, this summer. Wells Fargo Wallet quickly and conveniently adds eligible Wells Fargo debit and credit cards so customers may easily make purchases by tapping an Android phone at millions of NFC-enabled payment terminals worldwide. For more seamless money management,…