David Heun is an associate editor for technology at American Banker.
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Rather than waiting one to three days for funds through the Automated Clearing House system, merchants will be able to receive settlement payments straight to their debit cards within minutes through a partnership between Visa and the processor Vantiv.
By David HeunSeptember 14 -
Payoneer will work with the mobile wallet eZ Cash to make it easier for its mobile wallet users to convert funds from cross-border payments to funds in the wallet.
By David HeunSeptember 12 -
Credit card benefits aren't worth much to a consumer who has no idea what the card offers, or has forgotten about them over time and simply never uses them.
By David HeunSeptember 12 -
Apple's next iPhone could add — and lose — features that change the way people handle mobile payments. Here is the latest roundup of rumors and predictions.
September 8 -
The bank is also working with Fit Pay Inc. to allow its customers to make contactless payments with their credit or debit cards through connected devices.
By David HeunSeptember 7 -
The institution launched the PayQwig digital wallet in 2015 and made the mobile app available earlier this year to link a mobile wallet to Tesco shoppers' Clubcard to earn points each time it was used.
By David HeunSeptember 7 -
China's Metaverse Foundation collaborated with Russian crypto investment bank CyberTrust to create the Cryptocurrency Fund to support ICO projects from China and Russia through KICKICO's crypto crowdfunding platform.
By David HeunSeptember 6 -
SIA also plans to power payment cards in other currencies for solarisBank.
By David HeunSeptember 6 -
Payments startup UTRUST is calling its first step in building a bitcoin and cryptocurrency payments platform with consumer protections a huge success, despite events working against its industry in China.
By David HeunSeptember 5 -
Online payments and services provider Secure Trading will partner with payments marketplace COMO Global S.A. to make its gateway and acquiring services available to more providers and merchants worldwide.
By David HeunSeptember 5 -
The internet wasn't built to accommodate identity, which challenges initiatives to balance security with user efficiency.
By David HeunSeptember 5 -
When retailers run tests in which coupon offers are delivered directly to the Apple Pay or Android Pay mobile wallet, rather than as a simple text notification, the redemption potential skyrockets 300%.
By David HeunSeptember 1 -
On the surface, Android Pay may not seem that different from the Google Wallet launched four years before it. Ultimately, it took the failure of multiple mobile wallets for Android Pay to find its own path.
By David HeunAugust 31 -
Mobile wallet adoption in the U.S. is slow, and the payments industry has only itself to blame.
By David HeunAugust 30 -
Square Inc.'s addition of mobile chip-and-PIN in the U.K. and Australia markets is setting a precedent that some in the U.S. are loath to follow.
By David HeunAugust 29 -
Among consumers who currently use at least one mobile payment app regularly, 29% say they have used Apple Pay in the past month, but other wallets are close behind.
By David HeunAugust 28 -
Chinese tourists visiting Malaysia can now use their Alipay mobile wallet at all 242 Starbucks locations in the country.
By David HeunAugust 25 -
Ant Financial's Alipay is a big deal in China, and it wants to be a big deal globally. It's got several strategies already in motion, some of which have very big implications for other markets.
August 25 -
The National Institute of Standards and Technology is telling agencies and companies that collect or store data to change the way they have been protecting their networks — and its guidance is likely to soon spill over to financial services and payments.
By David HeunAugust 24 -
Dave Sapenaro, first vice president and chief operating officer at the Federal Reserve Bank of St. Louis, will oversee the Fed's payments system improvement initiatives.
By David HeunAugust 24
















