David Heun is an associate editor for technology at American Banker.
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Similar to a sports team landing a major free agent, the Faster IDentity Online Alliance has scored a major victory for its identity modernization cause in revealing Apple has joined the organization.
By David HeunFebruary 13 -
The advancement of mobile wallets has never quite aligned with U.S. dining habits, where patrons are accustomed to handing off their credit cards to wait staff — something they are less likely to do with their phones.
By David HeunFebruary 12 -
Traditional ATMs are vanishing in the U.K. and other parts of the world, but there may be a growing market for their crypto counterparts.
By David HeunFebruary 12 -
Western Union's online strategy is paying off, as web transfers help overcome softness in troubled local markets.
By David HeunFebruary 11 -
Fare payments software provider Masabi has completed an investment from Shell Ventures as an extension to the fintech's recent $20 million growth fund through Smedvig Capital and MMC Ventures.
By David HeunFebruary 6 -
Visa typically adjusts its interchange rates every April and October, but this year it is getting an atypically strong response.
By David HeunFebruary 6 -
Lightspeed POS is combining a new payments platform with its business management tools for small businesses and restaurant merchants in the U.S. and Canada.
By David HeunFebruary 6 -
Stock markets have endured dramatic swings since the coronavirus erupted in China and talks of pandemics surfaced. But the notoriously volatile bitcoin market has been steadily climbing as investors see value in crypto's ability to thrive as traditional financial rails are under pressure.
By David HeunFebruary 4 -
Of all of the valuable consumer assets that fraudsters like to steal, loyalty or rewards points or cash is becoming a favorite.
By David HeunFebruary 4 -
The World Wide Web Consortium pushed for an answer two years ago to the mounting problem of mobile and online payment fraud in its release of the Payment Request API, designed to secure the exchange of payment requests and verifications on browsers.
By David HeunJanuary 31 -
What Google ultimately does with its Google Checking service for banks will have a major effect on how mobile payments at all levels — from point of sale, to e-commerce, P2P and bill pay — will move forward.
By David HeunJanuary 31 -
Like its rival Mastercard, payments volume is on the rise at Visa, but the coronavirus complicates the near-term economic outlook and makes China an even tougher market.
By David HeunJanuary 30 -
TBI Bank is an early regional adopter of a program that allows SEPA instant faster payments for digital lending clients.
By David HeunJanuary 30 -
The card networks' single "click to pay" button — an implementation of Secure Remote Commerce — is drawing some negative attention from merchant groups and independent networks that see it as a way to steal volume from alternative payment providers.
By David HeunJanuary 30 -
While touting iPhone 11 as a big hit with consumers because of its various features and high-quality camera, Apple CEO Tim Cook also pointed to Apple Card as a reason the company's newest smartphone sold so well during the holidays.
By David HeunJanuary 29 -
Seeking a way to boost Spain's fintech sector, CaixaBank is partnering with global startup Plug and Play to promote collaboration for new banking, payments and insurance services.
By David HeunJanuary 28 -
American Express has focused the past few years on overcoming a couple of its stigmas — that not all U.S. merchants accept Amex cards, and that younger cardholders were not intrigued by the status of holding an Amex card.
By David HeunJanuary 24 -
Biometrics technology provider PopID has developed a business philosophy that tests the consumers' comfort level with facial recognition in a more casual setting.
By David HeunJanuary 24 -
With Synchrony smarting over the loss of Walmart and Verizon facing heat from T-Mobile's payment app, a card partnership was a natural fit.
By David HeunJanuary 23 -
Calculating the average U.S. phone bill to be around $80 a month, San Francisco-based Digit has established a way for consumers to more easily set aside money for that expense.
By David HeunJanuary 23













