David Heun is an associate editor for technology at American Banker.
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Visa is expanding its Visa Token Service commercially with 20 acquirer/gateway partners it feels can immediately add scale for using interoperable Visa tokens in addition to the partners' own as credential-on-file token requestors.
By David HeunOctober 17 -
Transaction Network Services has agreed to acquire Australia-based Advam in a move to strengthen the company's services, especially in the unattended payments and e-commerce fields.
By David HeunOctober 16 -
Banks using Fiserv technology will have access to an automated accounts receivable solution from DadeSystems that the companies say will improve accuracy and lower costs for business clients.
By David HeunOctober 15 -
After three months of testing its cryptocurrency wallet, Plasma Bank has launched PlasmaPay globally with an emphasis on Southeast Asia and South America.
By David HeunOctober 15 -
In providing merchants real-time information when American Express cardholders call its customer service to dispute charges, Amex and Ethoca hope to reduce time and money spent handling chargeback disputes.
By David HeunOctober 15 -
The payments industry stood out as an active market for mergers and acquisitions during the first three quarters of 2018 with a 33 percent increase in transactions over the same period last year.
By David HeunOctober 12 -
American Express is launching Early Pay, a digital financing service that allows large U.S. companies and their suppliers to benefit from discounted bill payments.
By David HeunOctober 12 -
PayPal and Walmart are offering a cash-in and cash-out service from PayPal accounts within Walmart stores. It's the first time Walmart, one of the founders the defunct Merchant Customer Exchange, will accept a third-party mobile wallet.
By David HeunOctober 11 -
Worldpay is combining the Worldpay Bankout solution, which will now deliver to 154 direct bank disbursement destinations, and Worldpay FastAccess enabled by Visa Direct.
By David HeunOctober 11 -
Getting companies to share fraud fighting intel is a tough game, but Forter has played it well enough to draw a fresh round of funding to boost the Israeli fintech's profile in the U.S.
By David HeunOctober 10 -
First Data is adding BlueSnap's e-commerce tools to consolidate the expanding menu of payment options that acquirers and financial institutions must juggle.
By David HeunOctober 10 -
Angela Clark will be CEO of Beem It, which launched in May and has the backing of National Australia Bank, Westpac and Commonwealth Bank.
By David HeunOctober 9 -
Collaboration between banks and fintechs still lags, hurting security initiatives such as an authentication hub.
By David HeunOctober 9 -
Despite the real-world use cases being found around blockchain and distributed ledger technology, banks are being warned to be cautious about committing to any such projects.
By David HeunOctober 9 -
In monitoring the patterns of a North Korean cyberattack organization that has stolen more than $1.1 billion from global financial institutions since 2014, security firm FireEye says these hackers are still at work in targeting a bank's access to the Swift messaging network.
By David HeunOctober 5 -
The push for faster payments in the U.S. has suffered from the lack of a government mandate, which in other countries resulted in a common, streamlined system. Now it's time for the disparate U.S. platforms to come together.
By David HeunOctober 3 -
Now that consumers have come to accept metal cards, issuers are looking to do more with the format.
By David HeunOctober 2 -
The payments industry is engaged in 40 active real-time payments programs worldwide, but it's not as chaotic as it sounds — except in the U.S.
By David HeunOctober 2 -
Global Payments hopes to strengthen its position among restaurant merchant acquirers by paying $415 million in cash for food services and software company Sicom Systems.
By David HeunSeptember 28 -
Australians' love for contactless payments is driving the Australia and New Zealand Banking Group to incorporate mobile withdrawal technology to its ATM network.
By David HeunSeptember 28















