David Heun is an associate editor for technology at American Banker.
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Deserve wants to deliver credit cards to students and underbanked young adults through a system that underwrites credit without relying on FICO scores and instead by judging the applicants on their future potential.
By David HeunOctober 24 -
Any bank using IBM for managing transactions and funneling payment processing onto a single platform will now have access and support for the Zelle person-to-person payment service.
By David HeunOctober 23 -
PayPal is strengthening its services for e-commerce marketplaces and crowdfunding money-raising projects through PayPal for Marketplaces, while also adding Pay with Google for its Braintree merchants accepting Android Pay.
By David HeunOctober 23 -
The Clearing House has become one of the first Mastercard-certified, third-party token service providers on behalf of issuing banks.
By David HeunOctober 23 -
In recent years, there's been a lot of activity in payments M&A, but a few deals stand out — some for their size, and others for their ability to transform both parties in a fundamental way.
By Daniel WolfeOctober 20 -
To become a major payments option, the technology has to improve its voice accuracy and handling of voice in different environments.
By David HeunOctober 20 -
On selected billing dates, Qualpay will automatically charge customers on an assigned plan and provide reports of the transaction activity.
By David HeunOctober 19 -
Appliances, wearables, vehicles and other machines may deliver information directly to a blockchain that would validate personal and device identity.
By David HeunOctober 19 -
By turning itself into a pseudo payment facilitator as part of a new program, Elavon says it is in a better position to grow by offering services in a fast-growing sector.
By David HeunOctober 18 -
PayPal's latest move to promote Venmo for retail payments may be the company's clearest admission of the limitations of the PayPal brand.
By David HeunOctober 17 -
Vantiv's $11.6 billion acquisition of U.K.-based Worldpay Group in August was the largest transaction in the financial technology and information sector during the third quarter of 2017, according to the latest report from investment bank Berkery Noyes.
By David HeunOctober 13 -
Santander Group's fintech venture capital fund is investing in ePesos, a Mexican mobile funding and payments startup targeting underbanked small businesses.
By David HeunOctober 13 -
Cash is resilient, especially during times of crisis or uncertainty. But there are significant efforts to make cash less relevant in areas where it has typically been a mainstay.
By Daniel WolfeOctober 13 -
Airport security is coming to the sports stadium through a program initiated by Idemia, formerly known as OT-Morpho.
By David HeunOctober 12 -
In the digital age, a lot has changed about how businesses operate — and a lot of new data is being generated in the process. American Express is tapping into this data for instant credit decisions.
By David HeunOctober 12 -
An organized crime ring in Eastern Europe has orchestrated sophisticated cyber and physical attacks that have drained millions of dollars from banks in Russia, and FIs in other countries could be targeted next.
By David HeunOctober 10 -
An organized crime ring in Eastern Europe has orchestrated sophisticated cyber and physical attacks that have drained millions of dollars from banks in Russia, and banks in other countries could be targeted next.
By David HeunOctober 10 -
Payments services provider INTL FCStone is offering a real-time exchange rate feed for its corporate customers to better calculate the cost of cross-border payments.
By David HeunOctober 9 -
The digital era is changing a lot of habits, including dining. Mobile devices and other technologies now play a vital role in bringing patrons into coffee shops, fast food restaurants and sit-down establishments.
By Daniel WolfeOctober 6 -
With AT&T dropping out of the program and Macy's focusing more on its own loyalty scheme, American Express is absorbing the first serious blows from key members in its multi-merchant Plenti Rewards Program.
By David HeunOctober 5
















