David Heun is an associate editor for technology at American Banker.
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French supermarket chain Carrefour has launched its own mobile wallet, making Carrefour Pay available to customers as part of its plan for a complete omnichannel experience.
By David HeunMarch 27 -
Digital money transfer provider SimbaPay has added an artificial-intelligence-powered chatbot that will enable banks and other companies to offer international money transfer to customers across Africa and Europe through text messaging.
By David HeunMarch 26 -
The problem is that, like usernames and passwords, biometrics are a static form of identity that can be exploited rather than a dynamic method that's of little use to crooks if stolen.
By David HeunMarch 23 -
As new customers visit a restaurant for the first time, Punchh Acquire delivers information about the customer and assigns them with digital identities and profiles.
By David HeunMarch 23 -
The tracking engine automatically provides status updates to all GPI banks involved in any GPI payment chain and allows them to confirm when a payment has been completed.
By David HeunMarch 23 -
The ClearSpend app will allow businesses to see real-time updates and make changes to company card accounts instantly.
By David HeunMarch 23 -
Under GDPR, nothing can happen with the European consumer's data unless they explicitly opt in. American consumers tend to ignore the fine print on company statements regarding the potential uses of their data, leading to an environment where companies expect them to opt in by default.
By David HeunMarch 23 -
The voice-activated payment option through Assistant has been added to Google Pay's features to address situations in which consumers have to pay someone back, for example, after a weekend activity.
By David HeunMarch 22 -
Samsung Pay became available Thursday, allowing users to load UniCredit credit cards, MyPay and MyOne prepaid and debit cards for payment directly from the Samsung Pay app.
By David HeunMarch 22 -
The IATA said it's investigating how to apply faster payments to passengers, whether directly from the airline or indirectly via travel agents. Globally, airlines absorb more than $8 billion in costs for merchant fees and fraud.
By David HeunMarch 22 -
China's declaration on Wednesday that its payments market is now open to foreign companies gives Chinese payments processors an opportunity to grow globally — but it's made similar moves before, with little effect.
By David HeunMarch 21 -
Visa has appointed Marcello Baricordi as general manager for Middle East and North Africa, replacing Ihab Ayoub, who has left the company for personal reasons.
By David HeunMarch 21 -
As gas stations add EMV-chip card acceptance at the pump, they will also find themselves rebuilding systems for loyalty programs and special offers that were reliant on their older hardware.
By David HeunMarch 20 -
A partnership between SumUp and iZettle to provide mobile card readers will help the Church of England offer contactless, virtual terminal and mobile payments to its congregations.
By David HeunMarch 20 -
The Clearing House expected to take some time to introduce its new network to financial institutions and play up its benefits.
By David HeunMarch 20 -
BBVA has started testing a facial recognition payment application for employees to use at cafeterias and restaurants at the Ciudad BBVA office and business conference complex in Madrid.
By David HeunMarch 19 -
Nacha has completed the third and final phase of the faster payments launch, requiring banks and credit unions to make Same-Day ACH funds available to depositors by 5 p.m. in local time.
By David HeunMarch 16 -
Global payments processor Payscout has launched a self-service payment portal to process transactions between a business and its debtors, in effect linking businesses to back-end processing facilities without involving bill-collection agents.
By David HeunMarch 15 -
For all the hype around prepaid, Netspend's new president, Kelley Knutson, is convinced that there won't be much talk about the "prepaid industry" in another 10 years.
By David HeunMarch 15 -
On-demand transportation and mobile payments provider Grab has launched Grab Financial, which will serve as its fintech platform.
By David HeunMarch 13















