Robert McKinley, Senior Analyst/Editor Robert McKinley, with 33 years experience covering payment cards and payment systems, is Senior Analyst/Editor for CardFlash and other payments-related publications. He is the retired founder and chief executive of RAM Research, CardWeb and CardTrak. McKinley served as an expert witness in 100+ litigations including two multi-$billion trials, testified before the U.S. Congress, chaired multiple payments conferences, hired as consultant by Fortune 100 companies and several overseas financial institutions. Full Bio: www.rbm4.com

Consumers Globally Expect More Loyalty Rewards from Banks

Consumers Globally Expect More Loyalty Rewards from Banks

A new global survey finds the ability to understand and use banking products is growing in importance worldwide, and consumers continue to expect more in terms of loyalty rewards than banks are providing. The FIS 2016 Performance Against Customer Expectations (PACE) Index also reveals expectations for aspirational support – consumers’ primary financial institution helping guide…

Visa Outpaces MC in LAC PDV; MC Outpaces Visa in LAC GAC

Visa Outpaces MC in LAC PDV; MC Outpaces Visa in LAC GAC

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase dollar volume (PDV), currency adjusted (FX), in the Latin American Caribbean (LAC) region has been rising steadily for Visa, while MasterCard has been gradually declining, over the past five quarters. However, for the first quarter (1Q/16) LAC card issuance for MasterCard is rising by double-digits year-on-year (YOY), while Visa’s LAC…

Canadians Continue to Reduce Visa & MC Card Usage QTQ

Canadians Continue to Reduce Visa & MC Card Usage QTQ

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Purchase dollar volume (PDV) in Canada for Visa and MasterCard has been plummeting over the past five quarters, however card issuance in the first quarter (1Q/16) for both networks remained in double-digits year-on-year (YOY). For 1Q/16, Visa posted a 210 basis points (bps) decline YOY in PDV, while MasterCard reported a…

Australians Zipped Up Wallets in March as CC Usage Falls

Australians Zipped Up Wallets in March as CC Usage Falls

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Australian credit card gross dollar volume (GDV) posted a dismal decline of 0.5% year-on-year (YOY) in March. Purchase dollar volume (PDV) decreased 0.5% YOY and cash dollar volume (CDV) was flat YOY in March. GDV rose in March to AU$26.3 billion, compared to a revised AU$26.1 billion in the prior month…

MC’s New Simplify Controls Targets SME e-Pay Fraud

MC’s New Simplify Controls Targets SME e-Pay Fraud

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] MasterCard is adding a new tool for small- and medium-sized (SME) businesses to control, prevent and monitor e-commerce transactions in real time. The solution, a complement to payments platform Simplify Commerce, helps businesses maximize online sales by letting legitimate orders through and keeping fraudulent transactions out. With a mobile app and…

COF International Credit Cards Yield and Margin Soar

COF International Credit Cards Yield and Margin Soar

[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] Capital One’s (COF) international (U.K.) credit card average yield and interest margin soared quarter-to-quarter (QTQ), and year-on-year (YOY) in the first quarter (1Q/16). However, other COF international credit card portfolio metrics soften and headed south for the quarter, particularly delinquency and charge-offs. COF gross revenues for the international card business edged…

Briefs: BLUESNAP; NCR; PROGREXION; and TSYS

In Other News: BLUESNAP (merchants); NCR (Bankia Spain); PROGREXION (FICO); and TSYS (Featurespace). BLUESNAP – BlueSnap released the Cleanse Report to help merchants analyze their sales traffic and develop an action plan to optimize their sales funnel. So much effort goes into converting shoppers into buyers – advertising, marketing, website and checkout page localization, payments…

WorldPay Inks OTA Uvet Nordic for Online Payments

WorldPay Inks OTA Uvet Nordic for Online Payments

Sweden’s Uvet Nordic has inked Worldpay as its exclusive online payments provider. The company currently operates in 12 European countries, with brands Flightfinder, Airfinder, Farefinder, FlyUvet, Doodle, Travelstore, and Flygpoolen.  Worldpay’s insight into customer data and local spending habits will help inform Uvet Nordic’s global strategy, enabling the company to tailor its service to the…