David Heun is an associate editor for technology at American Banker.
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Apple's plans to display a bright blue bar on iPhone screens when an application is monitoring the user's location may feel like a threat to location-based marketing. More likely, it is an overdue wake-up call for retailers and banks to improve their communication about the benefits of location data.
By David HeunJune 29 -
Chinese tourists visiting Spain will be able to shop at Spanish stores using their Alipay mobile wallets through an agreement between BBVA Group and Ant Financial Services, the Alibaba affiliate that operates Alipay.
By David HeunJune 28 -
Verifone is focusing more on operating an open platform in which third-party developers and financial partners could build within Verifone point of sale network parameters.
By David HeunJune 27 -
Local payments are included in the e-commerce checkout process, allowing merchants to immediately sell products online to local customers.
By David HeunJune 27 -
Decision Intelligence uses artificial intelligence iin an attempt to increase the accuracy of real-time approvals of safe transactions and reduce false declines.
By David HeunJune 26 -
The company wants to meet demand for corporate payments globally, especially in emerging markets.
By David HeunJune 26 -
Most executives see the value of the technology, but are still looking for definitive use cases before taking the leap.
By David HeunJune 26 -
PayKey enables bank customers to instantly transfer money through popular social media networks and messaging apps such as Facebook Messenger, WhatsApp and Twitter.
By David HeunJune 23 -
The company has added six new markets in Europe, where it has already established a beachhead for its e-commerce technology.
By David HeunJune 23 -
North America remains a favorite target for hackers, with incidents at the point of sale rising dramatically in 2016 and payment card data again proving to be the most at risk, according to new research from Trustwave.
By David HeunJune 20 -
Getting a new payment terminal with advanced capabilities is not unlike getting a new phone or computer with its bells and whistles — there's so many new features that some will no doubt go ignored.
By David HeunJune 19 -
Amazon is working aggressively to change the way people shop — especially in the grocery space — but not all of its activities focus on products and store design. The e-commerce giant has also influenced a lot about how people use their payment cards.
June 16 -
Consumers are making a bold request of their health care providers: Make it as easy to pay for services as it is to buy products from Amazon.com.
By David HeunJune 16 -
The Society for Worldwide Interbank Financial Telecommunication plans to add instant payments messaging for the European market by late 2018, marking another step in its ongoing faster payments projects.
By David HeunJune 15 -
The task at hand for retail app developers is increasingly clear: Make it as easy as possible for consumers to pay through a mobile device.
By David HeunJune 14 -
In its continuing expansion of the Visa Ready faster certification program, the card brand is targeting technology companies that develop software for Visa's business-to-business payments services.
By David HeunJune 13 -
At its core, PayPal remains sharply focused on digital payments. But like other payments providers and processors during what has been a renaissance period for payments technology, the San Jose-based company has had to reinvent itself to keep firm control of its role.
By David HeunJune 12 -
Counterfeit card fraud remains a fairly lucrative activity for criminals, mainly because the EMV chip migration the U.S. still has many gaps. As such, there was never a clear spike in card-not-present fraud since the anti-counterfeiting design arrived in the country, according to the card brands.
By David HeunJune 9 -
International payments and risk-based services provider INTL FCStone says its London-based global payments division will become a non-bank participant in Swift's global initiative to improve the cross-border transaction landscape.
By David HeunJune 9 -
Grocery shopping may not seem conducive to e-commerce due to the category's massive cart sizes and perishable goods, but many companies are trying to put a digital spin on the process. Here are a few of the latest innovations.
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