David Heun is an associate editor for technology at American Banker.
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HSBC has been implementing biometric techniques for customer authentication, including voice recognition and Touch ID.
By David HeunSeptember 18 -
In the wake of the massive data breach at Equifax, some are calling for tokenization of all data that has the potential to be stolen by fraudsters.
By David HeunSeptember 15 -
A year after launching the same-day Automated Clearing House process for credit payments, Nacha says same-day ACH for debit payments began Friday.
By David HeunSeptember 15 -
Apple's Face ID is turning heads, but it is far from the first use of facial biometrics in payments. Here are several implementations that predate it.
By Daniel WolfeSeptember 15 -
Revel Systems has expanded the capabilities of its iPad-based point of sale system by offering merchants an option to have multiple payment methods processed through the POS.
By David HeunSeptember 14 -
Rather than waiting one to three days for funds through the Automated Clearing House system, merchants will be able to receive settlement payments straight to their debit cards within minutes through a partnership between Visa and the processor Vantiv.
By David HeunSeptember 14 -
Payoneer will work with the mobile wallet eZ Cash to make it easier for its mobile wallet users to convert funds from cross-border payments to funds in the wallet.
By David HeunSeptember 12 -
Credit card benefits aren't worth much to a consumer who has no idea what the card offers, or has forgotten about them over time and simply never uses them.
By David HeunSeptember 12 -
Apple's next iPhone could add — and lose — features that change the way people handle mobile payments. Here is the latest roundup of rumors and predictions.
By Daniel WolfeSeptember 8 -
The bank is also working with Fit Pay Inc. to allow its customers to make contactless payments with their credit or debit cards through connected devices.
By David HeunSeptember 7 -
The institution launched the PayQwig digital wallet in 2015 and made the mobile app available earlier this year to link a mobile wallet to Tesco shoppers' Clubcard to earn points each time it was used.
By David HeunSeptember 7 -
China's Metaverse Foundation collaborated with Russian crypto investment bank CyberTrust to create the Cryptocurrency Fund to support ICO projects from China and Russia through KICKICO's crypto crowdfunding platform.
By David HeunSeptember 6 -
SIA also plans to power payment cards in other currencies for solarisBank.
By David HeunSeptember 6 -
Payments startup UTRUST is calling its first step in building a bitcoin and cryptocurrency payments platform with consumer protections a huge success, despite events working against its industry in China.
By David HeunSeptember 5 -
Online payments and services provider Secure Trading will partner with payments marketplace COMO Global S.A. to make its gateway and acquiring services available to more providers and merchants worldwide.
By David HeunSeptember 5 -
The internet wasn't built to accommodate identity, which challenges initiatives to balance security with user efficiency.
By David HeunSeptember 5 -
When retailers run tests in which coupon offers are delivered directly to the Apple Pay or Android Pay mobile wallet, rather than as a simple text notification, the redemption potential skyrockets 300%.
By David HeunSeptember 1 -
On the surface, Android Pay may not seem that different from the Google Wallet launched four years before it. Ultimately, it took the failure of multiple mobile wallets for Android Pay to find its own path.
By David HeunAugust 31 -
Mobile wallet adoption in the U.S. is slow, and the payments industry has only itself to blame.
By David HeunAugust 30 -
Square Inc.'s addition of mobile chip-and-PIN in the U.K. and Australia markets is setting a precedent that some in the U.S. are loath to follow.
By David HeunAugust 29















