David Heun is an associate editor for technology at American Banker.
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The payments industry stood out as an active market for mergers and acquisitions during the first three quarters of 2018 with a 33 percent increase in transactions over the same period last year.
By David HeunOctober 12 -
American Express is launching Early Pay, a digital financing service that allows large U.S. companies and their suppliers to benefit from discounted bill payments.
By David HeunOctober 12 -
PayPal and Walmart are offering a cash-in and cash-out service from PayPal accounts within Walmart stores. It's the first time Walmart, one of the founders the defunct Merchant Customer Exchange, will accept a third-party mobile wallet.
By David HeunOctober 11 -
Worldpay is combining the Worldpay Bankout solution, which will now deliver to 154 direct bank disbursement destinations, and Worldpay FastAccess enabled by Visa Direct.
By David HeunOctober 11 -
Getting companies to share fraud fighting intel is a tough game, but Forter has played it well enough to draw a fresh round of funding to boost the Israeli fintech's profile in the U.S.
By David HeunOctober 10 -
First Data is adding BlueSnap's e-commerce tools to consolidate the expanding menu of payment options that acquirers and financial institutions must juggle.
By David HeunOctober 10 -
Angela Clark will be CEO of Beem It, which launched in May and has the backing of National Australia Bank, Westpac and Commonwealth Bank.
By David HeunOctober 9 -
Collaboration between banks and fintechs still lags, hurting security initiatives such as an authentication hub.
By David HeunOctober 9 -
Despite the real-world use cases being found around blockchain and distributed ledger technology, banks are being warned to be cautious about committing to any such projects.
By David HeunOctober 9 -
In monitoring the patterns of a North Korean cyberattack organization that has stolen more than $1.1 billion from global financial institutions since 2014, security firm FireEye says these hackers are still at work in targeting a bank's access to the Swift messaging network.
By David HeunOctober 5