David Heun is an associate editor for technology at American Banker.
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Payments services provider Worldline has agreed to acquire the Digital River World Payments unit of Digital River Inc. to bolster its online payments offerings to large merchant clients.
By David HeunJuly 17 -
Credit card or personal data transactions getting processed through IBM equipment will soon benefit from "one-click" data encryption in a powerful new mainframe.
By David HeunJuly 17 -
Seeing a need for virtual and legacy payments worlds to better connect, Push Payments and partner linked2pay developed a real-time payments system that can function as that connective tissue.
By David HeunJuly 17 -
If nothing else, no one could ever accuse U.K. regulators of taking a hands-off approach to the country's payments operations.
By David HeunJuly 14 -
If U.S. consumers are taking a cautious approach in adopting new payments and security technology, they at least are becoming keenly aware of the options available now and in the near future.
By David HeunJuly 13 -
Payments technology provider Cardtek and partner Axis Bank have launched a national open-loop payment system featuring a contactless card for public transportation and other purchases in India.
By David HeunJuly 13 -
Millennials -- a demographic credit unions badly want to capture -- are using P-to-P services to pay for drugs and gambling, and while CUs may not want their members paying for illegal activities with account-connected services, a growing number of institutions also want to be the FI of choice for legal drug businesses.
By David HeunJuly 12 -
American Express is adding virtual account numbers to its business travel account service, saying it will provide businesses with more visibility and control of employee travel expenses.
By David HeunJuly 12 -
Mobile and online P-to-P services may be the popular, mainstream payments service of choice for young people who don't prefer cash, but it also has a seedy underbelly, according to new survey data.
By David HeunJuly 12 -
North American Bancard Holdings has completed its acquisition of Total Merchant Services, a merger that NAB says will make it the seventh largest processor in North America in terms of merchant locations.
By David HeunJuly 11 -
Some merchants, issuers and processors are concerned that the card brands will tout their "ownership" of payment card prefixes as a basis for requesting that mobile transactions on their cards be routed to their networks and screened through tokenization services they provide.
By David HeunJuly 11 -
PayPal is launching a cross-border trade service to help small and mid-sized businesses in the U.S. improve their international presence and sales.
By David HeunJuly 11 -
N26 will soon add insurance service to go along with its mobile payments, and credit and savings accounts.
By David HeunJuly 7 -
Mobile QuickPass NFC payments are accepted at nearly a half million point-of-sale terminals outside of China, and QuickPass QR code payments have been available in Hong Kong and Singapore for about a month.
By David HeunJuly 7 -
Consumers have accepted the use of fingerprint authentication for mobile payments. But will they be as welcoming of facial recognition? A few companies are testing the waters.
By Daniel WolfeJuly 7 -
Boku and Microsoft have delivered carrier billing in Canada, the U.K., Italy, Russia and other markets.
By David HeunJuly 6 -
Mobile payments, online transactions and electronic billing are all on the rise, according to new analysis from the Federal Reserve.
By David HeunJuly 6 -
The FTC likes facial recognition, but consumers may not be comfortable with using the technology to secure mobile payments.
By David HeunJuly 5 -
InstaReM plans to use the investment to accommodate rapid volume expansion.
By David HeunJuly 5 -
EMV chips can take a company only so far, leading Oberthur to consider Morpho's expertise in biometrics and embedded security methods.
By David HeunJuly 5
















