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David Heun

Recent Stories from This Author

Walmart's Visa Lawsuit Reopens Deep Wounds
May 11, 2016 Walmart and Visa have had a long and volatile relationship, and the retailer's latest lawsuit against the global card brand...

Green Dot Credits Retailers for 'Fabulous' First Quarter
May 4, 2016 Despite having fewer prepaid cards in the market, Green Dot delivered a first quarter that exceeded its executives'...

Amex Begins a Long 'Battle' to Keep Costco Members
April 21, 2016 American Express is determined to minimize the damage from losing profitable Costco cardholders in Canada and the U.S., and is...

Is Your Mobile Wallet Ready for the Fraud Wave?
April 18, 2016 As mobile wallets become more popular they'll also become more popular targets for fraud. Banks ought to improve enrollment...

BBVA, Univision Bring Money Transfer Service to U.S. Hispanics
April 14, 2016 BBVA Bancomer is partnering with media giant Univision to launch a digital money transfer service for the Hispanic population...

Starbucks, Chase Introduce Branded Prepaid Rewards Card
March 24, 2016 JPMorgan Chase has partnered with Starbucks on a branded, prepaid rewards card, expanding its relationship with the...

Visa, Fed Execs Shine a Light into Data Security's Weakest 'Seams'
March 18, 2016 Technology at many banks has been assembled haphazardly over years. That makes for complex systems with lots of connections....

American Express Warns of Possible Third-Party Breach
March 17, 2016 American Express has filed a notice with the attorney general in California informing some of its cardholders that their...

Chase May Not 'Win' the Mobile Wallet War, But It's Well Armed
March 7, 2016 In explaining the bank's commitment to the Chase Pay mobile wallet, an executive told investors in February that the mobile...

Chase Pay Bets Big on an Unproven Strategy
February 24, 2016 Chase Pay is tied to the issuer's 94 million credit, debit and prepaid card accounts, representing half of U.S. households....

Chase Pay Deal with Starbucks Strengthens the Bank's Mobile Muscle
February 23, 2016 Chase Pay, JPMorgan Chase's mobile wallet, has just landed an unlikely early partner with a history of going it alone:...

Visa Opens Its APIs to Grab 'Staggeringly Large' Opportunities
February 4, 2016 Developers will now be able to access much of Visa's technology and services as the card network looks for ways to meet the...

What to Expect on the Faster Payments Front in 2016
December 30, 2015 Several organizations, such as Swift and The Clearing House, announced faster payments initiatives this year. Those...

How Banks Can Prosper in the Age of Digital Payments
December 18, 2015 Banks have all the experience they need to remain relevant in the world of digital payments, but they must not sit idly by as...

Walmart Pay to Spark Mobile Independence Streak for Banks, Retailers
December 10, 2015 Even though Walmart has been a key member and driving force behind the Merchant Customer Exchange joint venture to establish a...

Amex Preps for Boom in Mobile Payments
November 20, 2015 With the outlook for mobile payments improving, American Express has brought together several initiatives in this area under a...

Visa's Reunification Brings Needed Global Reach, Resources
November 2, 2015 Visa's agreement to reunite with Visa Europe positions the global card brand to better address a world where payments and...

JPMorgan Gives Ground on Fees with New Mobile Wallet
October 26, 2015 Most mobile wallets clearly favor one industry over another, with banks and retailers often pitted against each other in a...

Banks Keep the Reins By Merging ClearXchange, Early Warning
October 26, 2015 The bank owners of the clearXchange payments network and the Early Warning risk management service hope that by combining the...

Bank Consortium clearXchange Debuts Real-Time Payments
June 15, 2015 The mega-banks' P2P venture, clearXchange LLC, has developed technology that could give it a key role in any implementation of...

'There Is No One Blockchain to Rule Them All'
Don Tapscott and Alex Tapscott, authors of "Blockchain Revolution," discuss the implications for banks of distributed ledger technology, the pros and cons of private blockchains compared to open networks, how DAOs might eliminate moral hazard, and more.
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