David Heun is an associate editor for technology at American Banker.
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The push for faster payments in the U.S. has suffered from the lack of a government mandate, which in other countries resulted in a common, streamlined system. Now it's time for the disparate U.S. platforms to come together.
By David HeunOctober 3 -
Now that consumers have come to accept metal cards, issuers are looking to do more with the format.
By David HeunOctober 2 -
The payments industry is engaged in 40 active real-time payments programs worldwide, but it's not as chaotic as it sounds — except in the U.S.
By David HeunOctober 2 -
Global Payments hopes to strengthen its position among restaurant merchant acquirers by paying $415 million in cash for food services and software company Sicom Systems.
By David HeunSeptember 28 -
Australians' love for contactless payments is driving the Australia and New Zealand Banking Group to incorporate mobile withdrawal technology to its ATM network.
By David HeunSeptember 28 -
If a merchant seeking to avoid credit card fees turned to cash discounting, it was at least partly because the other option — putting a surcharge on credit card use — was complicated and illegal in many states.
By David HeunSeptember 26 -
Terminal provider paycosmos has launched its "ISO in a Box" payment platform, saying the software provides everything an independent sales organization needs to support agents and acquire merchant contracts.
By David HeunSeptember 26 -
FirstSense's technology is designed to spot and prevent fraud as it happens. It will operate with First Data's fraud protection and transaction authorization engine, helping financial institutions identify payment cards at risk.
By David HeunSeptember 26 -
Merchants increasingly fall short of security standards as digital commerce innovation pressures risk management.
By David HeunSeptember 25 -
A week after revealing its Stripe Terminal as a way to enter the physical retail space, the online payments provider plans to add financial support through cash advances to the services it provides merchant clients.
By David HeunSeptember 25