David Heun is an associate editor for technology at American Banker.
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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 -
Among consumers who currently use at least one mobile payment app regularly, 29% say they have used Apple Pay in the past month, but other wallets are close behind.
By David HeunAugust 28 -
Chinese tourists visiting Malaysia can now use their Alipay mobile wallet at all 242 Starbucks locations in the country.
By David HeunAugust 25 -
Ant Financial's Alipay is a big deal in China, and it wants to be a big deal globally. It's got several strategies already in motion, some of which have very big implications for other markets.
By Daniel WolfeAugust 25 -
The National Institute of Standards and Technology is telling agencies and companies that collect or store data to change the way they have been protecting their networks — and its guidance is likely to soon spill over to financial services and payments.
By David HeunAugust 24 -
Dave Sapenaro, first vice president and chief operating officer at the Federal Reserve Bank of St. Louis, will oversee the Fed's payments system improvement initiatives.
By David HeunAugust 24 -
E-commerce cross-border payments provider dLocal has updated its platform in India, enabling global e-merchants to accept and remit payments through all local methods and target the mobile consumer in the country.
By David HeunAugust 24 -
Verifone will provide its full-scale payments-as-a-service platform to the Shufersal supermarket chain in Israel, allowing the stores to offer an omnichannel payment experience to customers.
By David HeunAugust 22 -
Global payment gateway Payworks will partner with Squire to bring EMV chip card payments to the barbershop.
By David HeunAugust 22 -
Fiserv's acquisition of U.K.-based real-time payments provider Dovetail Group Ltd. is a move made with a global vision in mind.
By David HeunAugust 21 -
The simple act of moving money can have a big impact on any political movement, so banks and payment networks are often caught up in issues of national importance. Here are some recent instances where payments and politics came head-to-head.
By Daniel WolfeAugust 18















