David Heun is an associate editor for technology at American Banker.
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U.S. payments consultancy FIME has added Discover's payment application specification (D-PAS) accreditation to the Pulse ATM network, allowing it to provide guidance and support services on EMV chip technology for acquirers and issuers unfamiliar with D-PAS.
By David HeunNovember 29 -
Kiwibank says it is providing its small-business customers in New Zealand with a mobile payments app and card reader.
By David HeunNovember 28 -
Nearly half of the cardholders in the U.S. have had at least one card reissued in the past year, with those experiencing fraud multiple times saying they have had nearly five cards reissued.
By David HeunNovember 28 -
Caixa Bank and its partners in Spain's first cross-industry collaboration to advance payments technology have officially launched their research lab in Barcelona.
By David HeunNovember 27 -
BMO Financial group will invest $2 million into a new artificial intelligence lab in Montreal designed to help startups make the transition from science projects to high-growth companies.
By David HeunNovember 22 -
Norwegian banks have been keenly aware of — and concerned about — the prospect of mobile wallets developed in Silicon Valley affecting their own services. So much so that a group of banks has begun preparing to merge their payments systems into one platform and have it up and running by next August.
By David HeunNovember 22 - PSO content
Digital currency exchange Bitstamp is partnering with independent payment processor Masterpayment for credit card processing and purchases of four cryptocurrencies.
By David HeunNovember 22 -
Hoping to streamline the payment options across Europe, the European Payments Council has launched the SEPA Instant Credit Transfer scheme.
By David HeunNovember 21 -
PayStand, a blockchain business-to-business payments platform, has completed a $6 million funding round through BlueRun Ventures.
By David HeunNovember 16 -
Modulr Finance, a U.K. payments application interface provider, is providing a service level agreement for business-to-business payments that guarantees automation for high volumes of complex payments at any time.
By David HeunNovember 15 -
This week's first transaction over The Clearing House's Real-Time Payments system may be a huge step for speeding up payments in the U.S., but it also highlights the long road still ahead.
By David HeunNovember 14 -
The system went live Monday with a real-time transaction between BNY Mellon and U.S. Bank. Those banks will soon be joined on the network by Citi, JPMorgan, PNC and SunTrust, which together represent the financial industry’s earliest adopters of RTP.
By David HeunNovember 14 -
There is a visible shift in attack patterns immediately following a breach, from initial attacks focusing on high-value loan applications at online lenders to low-value identity testing on charities and social media sites to determine if a stolen credential will work.
By David HeunNovember 14 -
For years, American Express has analyzed the more than $1 trillion in annual purchases taking place on its closed-loop network to better advise clients to formulate marketing programs.
By David HeunNovember 13 -
Because wearable payments technology is still considered experimental, it is important to address security before the market for such products gets much bigger.
By David HeunNovember 13 -
The spread of Alexa, Siri, Google Assistant and Samsung's Bixby is changing the way consumers interact with technology. Behind the scenes, artificial intelligence is doing more than ever to handle and protect payments.
November 10 -
Over the years, Square has evolved from a supplier of simple card readers to a provider of diverse omnichannel services. But the consumer market has always eluded it.
By David HeunNovember 9 -
Many companies in the payments realm want to be seen as the next Uber, but Uber's Asian counterpart Grab is working to become something else — the next Octopus.
By David HeunNovember 9 -
For much of the last decade, credit card companies and issuers have fine-tuned security to the point where if any suspicious activity occurs on a cardholder account, that cardholder will receive an alert. That same sort of transaction and behavioral analytics is starting to come into other business sectors and walks of life.
By David HeunNovember 8 -
The card is Starbucks' first product with Chase since the companies agreed early in 2016 to make Chase Pay part of the Starbucks app when it became available.
By David HeunNovember 3















