David Heun is an associate editor for technology at American Banker.
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Apple's digital services group, which includes Apple Pay, generated $8.5 billion in revenue in the quarter for Apple, a jump of 34% from the previous year.
By David HeunNovember 3 -
Neural network systems — which try to emulate the human brain — will become increasingly important as the stolen identities from the recent Equifax breach and others start surfacing in the coming years on fraudulent payment card or loan applications.
By David HeunNovember 3 -
Telcos have long hoped to play a key role in mobile payments, and the mobile-only Orange Bank is a major push toward that goal.
By David HeunNovember 2 -
American Express will launch its next generation of online authentication system, SafeKey 2.0, early next year with support for biometrics technology and mobile commerce.
By David HeunNovember 2 -
Canadian consumers using Samsung Pay can now make Interac debit payments through their mobile devices using a tokenization service from Interac and digital security provider Rambus Inc.
By David HeunNovember 1 -
American Express will become the exclusive issuer of Hilton Honors cobranded credit cards in January, taking over the entire portfolio it previously shared with Citigroup.
By David HeunNovember 1 -
EMVCo has established a new specification for updated 3-D Secure e-commerce fraud prevention that will be the basis by which the EMV standards body will test the new protocol for security compliance.
By David HeunOctober 31 -
Payments technology changes rapidly, and cybercriminal techniques have no trouble keeping pace. Against that backdrop, the Payment Card Industry Security Standards Council must set new rules without hindering development.
By David HeunOctober 30 -
The gig economy is one of the most demanding business sectors in terms of technology, speed and security. All of these factors play into how these companies handle payments.
By Daniel WolfeOctober 27 -
It's been nearly six years in the making, but TableSafe has the EMV certification it has long needed to make its pay-at-the-table Rail platform a future-proof option for restaurants.
By David HeunOctober 25