David Heun is an associate editor for technology at American Banker.
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To hear Apple CEO Tim Cook tell it, Apple Pay is experiencing "a phenomenal traction." But the company does not reveal specific numbers about Apple Pay as it relates to key metrics.
By David HeunMay 2 -
Bango tightened its hold on the carrier billing market in Indonesia, adding leading mobile network provider Smartfren as a user of one-click payments on Google Play, the app store for Android devices.
By David HeunMay 2 -
Clinical research sites have concluded that the payments to trial participants are so labor-intensive that the process can become a detriment to their medical studies.
By David HeunMay 2 -
Whether it is the Chase Sapphire Reserve metal card, the American Express Clear Card or a PNC card with an orange core, the message is the same — design is a big part of making a top-of-wallet card.
By David HeunMay 1 -
Verizon's 2017 data breach investigations report reads like a psychology playbook: If you keep pounding on the same information and calls for action, some of it has to sink in at some point. But that point hasn't arrived yet.
By David HeunApril 28 -
In working with correspondent banks in developing countries for more than two decades, INTL FCStone Ltd. spent a fair amount of time collecting market information over the phone and through e-mail from those banks to share with others. It ultimately determined there was a better way to do this.
By David HeunApril 28 -
The B-to-B payments market is ripe for digital innovation. Here are some of the most recent moves to bring B-to-B payments up to speed.
By Daniel WolfeApril 28 -
Walmart adjusted two of its long-standing, in-house offerings this week, saying it was lowering the rates for its domestic Walmart2Walmart money transfer service and adding a digital money transfer service with Bluebird2Walmart.
By David HeunApril 26 -
In the midst of some company restructuring, Total System Services Inc. delivered a 60% increase in total revenue during the first quarter of 2017 at $1.2 billion, compared to last year's $739 million.
By David HeunApril 26 -
With The Clearing House still targeting November for the launch of its Real-Time Payments service, it relies on a wide range of partnerships to introduce this offering to the banks that would use it.
By David HeunApril 25 -
In the past, card issuers could lure new customers by offering a low promotional rate. But regulations in the wake of the financial crisis don't allow rate adjustments, and issuers also can't increase credit lines as they did in the past.
By David HeunApril 25 -
Visa is learning that it its reunification with Visa Europe last summer came at a very good time.
By David HeunApril 21 -
As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.
By Daniel WolfeApril 21 -
Payments and liquidity management provider Dovetail wants to make sure banks in the euro zone have the systems in place to allow business customers to take advantage of new options for sending and receiving payments later this year.
By David HeunApril 20 -
The majority of small and medium-sized businesses in the U.S. and Europe express an interest in real-time payments, but very few are aware of the current options being tested and brought to market.
By David HeunApril 20 -
E-commerce can bring many efficiencies to a retailer's operations, but in the legalized cannabis industry, payments must still be handled offline.
By David HeunApril 19 -
On Track Innovations will provide mobile EMV payment acceptance for the large cage-type vending machines that Outdoor Vending Solutions uses to sell bulk items at various sites within state parks in Texas.
By David HeunApril 17 -
Verifone has spent years clawing its way out of a crater it dug for itself, so a fresh coat of paint on its website might seem like a minor thing. But it signals the latest big shift in the company's sales strategy.
By David HeunApril 17 -
InfineaPay is designed to improve time to market EMV compliance on the Apple platform for transportation, retail and hospitality companies.
By David HeunApril 13 -
The service will start with transfers to India and the Phillipines, though Remitly plans to add more recipient countries in the near future.
By David HeunApril 13
















