David Heun is an associate editor for technology at American Banker.
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In the past, card issuers could lure new customers by offering a low promotional rate. But regulations in the wake of the financial crisis don't allow rate adjustments, and issuers also can't increase credit lines as they did in the past.
By David HeunApril 25 -
Visa is learning that it its reunification with Visa Europe last summer came at a very good time.
By David HeunApril 21 -
As marijuana legalization spreads throughout the U.S. and the world, companies in the cannabis market must navigate a delicate tangle of new and old regulations. And many payment providers are unwilling to risk working with dispensaries, leading to some inventive workarounds.
April 21 -
Payments and liquidity management provider Dovetail wants to make sure banks in the euro zone have the systems in place to allow business customers to take advantage of new options for sending and receiving payments later this year.
By David HeunApril 20 -
The majority of small and medium-sized businesses in the U.S. and Europe express an interest in real-time payments, but very few are aware of the current options being tested and brought to market.
By David HeunApril 20 -
E-commerce can bring many efficiencies to a retailer's operations, but in the legalized cannabis industry, payments must still be handled offline.
By David HeunApril 19 -
On Track Innovations will provide mobile EMV payment acceptance for the large cage-type vending machines that Outdoor Vending Solutions uses to sell bulk items at various sites within state parks in Texas.
By David HeunApril 17 -
Verifone has spent years clawing its way out of a crater it dug for itself, so a fresh coat of paint on its website might seem like a minor thing. But it signals the latest big shift in the company's sales strategy.
By David HeunApril 17 -
InfineaPay is designed to improve time to market EMV compliance on the Apple platform for transportation, retail and hospitality companies.
By David HeunApril 13 -
The service will start with transfers to India and the Phillipines, though Remitly plans to add more recipient countries in the near future.
By David HeunApril 13 -
Efforts to combine mobile wallets and loyalty programs have had mixed success over the years, but many companies are undeterred. Here are a few that are working to find the right mix of technologies.
April 13 -
As security threats increase, companies are placing more emphasis on safety and less on speed for new initiatives.
By David HeunApril 12 -
Final is a combination of a virtual and plastic card that brings an 'as-a-service' model to card issuance.
By David HeunApril 12 -
The deal had been held up by U.K. regulators over concerns about competitive balance.
By David HeunApril 11 -
As mobile apps that allow consumers to order and pay before reaching the retailer expand, traditional hardware providers are rushing to adopt the technology, as evidenced by Ingenico's expanded Five Guys deployment.
By David HeunApril 11 -
A technology development program will provide access to mentors and collaboration for developers.
By David HeunApril 10 -
As more of China's citizens engage in travel and commerce across the nation's borders, more companies want to help them pay and collect money. Many of China's dominant payment brands are extending their reach globally, but U.S. and European companies are also focused on this audience.
April 7 -
Singapore-based ride-sharing company Grab is looking to expand its reach in Indonesia through its acquisition of Kudo, an e-commerce platform for unbanked consumers who would be unable to use Grab's own digital payment platform.
By David HeunApril 7 -
For London-based fintech provider Tramonex, seeing so many Chinese tourists visiting the U.K. meant a chance to join the success of WeChat Pay. But how to accomplish this was less clear.
By David HeunApril 6 -
The European Central Bank issued a new 50-euros banknote April 4 across 19 countries in the euro zone, the fourth new bill for consumers in what is termed the Europa series and includes euro denominations of 5, 10 and 20.
By David HeunApril 4


















