David Heun is an associate editor for technology at American Banker.
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The free pass becomes effective when a flight is expected to be delayed by two or more hours and the cardholder has registered flight details at least six hours prior to scheduled departure.
By David HeunDecember 7 -
Even the efficiencies of an upgrade may not be enough for the human touch that some higher-risk accounts require, leaving a "painful" process for merchants and acquirers.
By David HeunDecember 7 -
Because their businesses operate mostly with cash with little financial record keeping, the nearly 100,000 kiosk owners in Kenya have no way to qualify for traditional loans and lines of credit offered by banks. Plus, the kiosk owners have no mechanism to place stock orders directly with a wholesaler.
By David HeunDecember 6 -
The card brand's dCVV2 specification code standard can put a dynamic CVV2 payment card in the hands of customers sometimes in a matter of hours, rather than days or even months, contends technology developer Idemia.
By David HeunDecember 6 -
The payment contract extensions call on both Chase and Amex to offer new products for consumers and businesses.
By David HeunDecember 5 -
Empow's security platform, integrated into a company's network through APIs or by routing data to empow, breaks down the individual components of a security tool to create an "abstracted new layer" that talks to a set of artificial intelligence algorithms.
By David HeunDecember 5 -
New York's World Trade Center-based Oculus will host Chase Pay Village until Jan. 7 with an emphasis on holiday wares. Part of its mission is to determine which of Chase's mobile wallet features — if any — are most compelling to shoppers.
By David HeunDecember 4 -
The deal will help First Data compete in the fast-growing "integrated payments" space as payment processors race to diversify products, markets and technology.
By David HeunDecember 1 -
Mobile wallets have always had a chicken-and-egg problem: Why should merchants accept them if consumers don't use them, and why should consumers use them if merchants don't accept them? To solve this problem, it takes a village.
By Daniel WolfeDecember 1 -
Omni Air International recently completed a test of technology from Infinite Peripherals that aims to modernize the sales of in-flight meals, drinks and retail products. The system is an airline edition of Infinite's omni-channel InfineaRetail software.
By David HeunNovember 30