David Heun is an associate editor for technology at American Banker.
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Grocery chain Aldi, which manages overhead by requiring consumers to bag their own groceries, is a late adopter--but it is starting to add new payment types.
By David HeunJune 30 -
Visa Inc. has thrown its counterpunch at Walmart, saying the retailer had previously agreed to accept signature debit transactions in addition to chip-and-PIN transactions at its point of sale terminals.
By David HeunJune 30 -
First Data has secured a partnership with Silicon Valley Bank, giving the payments technology provider and processor a front seat to take notes on all of the technology development taking place among the bank's clients.
By David HeunJune 29 -
Consumers making payments to the federal government will be able to do so through the Amazon Payments digital wallet.
By David HeunJune 29 -
First Data has secured a partnership with Silicon Valley Bank, giving the payments technology provider and processor a front seat to take notes on all of the technology development taking place among the bank's clients.
By David HeunJune 29 -
Building on industry initiatives to ease the user experience for chip cards and increase use of contactless technology, Oberthur Technologies has developed a dual interface card in the U.S. market that combines new Visa and MasterCard specs and 'tap and go.'
By David HeunJune 28 -
The major card networks are losing value along with the rest of the stock market in the wake of Britain's historic vote to leave the European Union, but Visa and MasterCard may not face the type of doom and gloom that others endure in the current shaky political and financial situation in the U.K.
By David HeunJune 27 -
Visa has had a major sponsorship role at past summer Olympics, using the setting to test new technology. This type of "global lab experiment" lets the card brand view the four years between this major athletic event as a gauge for payments advancements.
By David HeunJune 27 -
Facing more payments because of high-deductible insurance plans, 72% of consumers say they prefer to use electronic payment methods such as payment cards, Automated Clearing House or digital wallets to cover health care costs.
By David HeunJune 24 -
Battling a sea of technology companies and major incumbents like Western Union and Travelex for a share of the international payments and currency exchange pie may seem like an uphill climb for a smaller company with less of a track record.
By David HeunJune 24 -
Discover is offering its version of Quick Chip for merchants to speed up the EMV chip card checkout process at the point of sale.
By David HeunJune 23 -
After saying it would not support Android Pay in the U.K, Barclays is leaning on device agnostic mobile technology and its own developers to launch its own payments app for the operating system.
By David HeunJune 22 -
American Express has joined Visa and MasterCard in adjusting chargeback policies for merchants that have not yet migrated to chip card payments.
By David HeunJune 22 -
With 63% of all data breaches resulting from stolen, weak or default passwords, and recent compromises targeting millions of stored passwords, Fast Identity Online Alliance members say the time is now for device manufacturers and e-commerce merchants to embrace new authorization technology.
By David HeunJune 21 - PSO content
Visa Europe Ltd., operating as an entirely separate company and a bank membership association for nearly a decade after Visa Inc. became a publicly traded company, had a news flash for its members June 21, proclaiming: "We are One Visa" on its Website.
By David HeunJune 21 -
Following a similar move from Visa last week, MasterCard is streamlining EMV certification and will adjust its fraud-cost policy for non-EMV compatible merchants.
By David HeunJune 20 -
Many of the major mergers and acquisitions in the payments industry the past few years have had an underlying goal -- improve chances to make a splash in retail omnichannel payments.
By David HeunJune 17 -
Tablet-based point-of-sale provider Appetize has landed the contract to provide terminals at the new U.S. Bank Stadium in downtown Minneapolis, where games for the NFL Minnesota Vikings, and other special events will take place.
By David HeunJune 17 -
Visa is acknowledging a merchant EMV migration logjam by loosening fraud chargeback policies and enabling faster chip card certifications for merchants.
By David HeunJune 16 -
Built 13 years ago on the premise that it is not easy for charitable organizations to get donations into developing countries facing a natural disaster, INTL FCStone Ltd. has transformed itself into a cross-border payments provider that banks and corporations have increasingly found useful.
By David HeunJune 16
