David Heun is an associate editor for technology at American Banker.
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Russian retail banking software provider BPC Banking Technologies and a consortium of local banks plan to launch a national payment system.
By David HeunMarch 30 -
Some debit card users are so loyal to their cards that many would go so far as to say using a PIN is more convenient and less secure than a using a signature, according to a recent report from Auriemma Consulting Group.
By David HeunMarch 30 -
The attention around tokenization replacing static account numbers with a one-time-use token has been good for security but worrying for businesses that rely on a static identifier for future reference.
By David HeunMarch 29 -
Square wants to ease the anxiety many small merchants may feel around no-shows when they accept online appointments for their businesses.
By David HeunMarch 28 -
Marriott International's efforts to acquire Starwood Hotels and Resorts Worldwide combining two major hotel chains that have suffered data breaches should force both chains to reexamine the way they handle sensitive payment card data.
By David HeunMarch 28 -
Credit card issuer MBNA has confirmed it will be among the first to offer its customers the Android Pay mobile wallet in the U.K., which Google is expected to launch in the coming months.
By David HeunMarch 28 -
If Apple Pay has had trouble finding new markets overseas, perhaps it's no surprise that reports are surfacing of another new frontier: E-commerce.
By David HeunMarch 24 -
Boku has expanded its carrier billing mobile payment service into three European markets via a new model that involves handing control over to mobile network operators.
By David HeunMarch 24 -
JPMorgan Chase has partnered with Starbucks on a branded, prepaid rewards card, expanding its relationship with the coffeehouse chain.
By David HeunMarch 24 -
Despite the steady march of progress in digital and mobile payments, consumers are likely to continue writing paper checks regularly for five or more years, Fiserv says. Paper checks are also entrenched in small business operations.
By David HeunMarch 24 -
Starbucks is prepared to launch a new Starbucks Rewards Prepaid Card with partner JPMorgan Chase, further strengthening its ongoing relationship with the bank.
By David HeunMarch 23 -
With its reputation for welcoming software developers with open arms solidified two years ago through its acquisition of Mercury Payment Systems, Vantiv Inc. is looking for the next way it can attract and enable innovation.
By David HeunMarch 23 -
Apple's newest iPhone, a throwback to the smaller models it sold in previous years, is designed to maintain Apple Pay's momentum as it lands in new regions.
By David HeunMarch 21 -
If an independent sales organization wants to convert a merchant to the most current faster payment technologies, the ISO itself must practice what it preaches.
By David HeunMarch 21 -
In a move that counters Sweden's reputation as a country that encourages its citizens to not use cash in the payments network, The National Bank of Sweden is asking regulators to make access to cash a legal right.
By David HeunMarch 21 -
Technology at many banks has been assembled haphazardly over years. That makes for complex systems with lots of connections. Those points are prime targets for cybercriminals to find a way in.
By David HeunMarch 18 -
D+H Corp. and The Clearing House are partnering to provide real-time payments to U.S. financial institutions.
By David HeunMarch 17 -
As government and private sectors build up their defenses against mounting cyberattacks, a sharper focus on the "risk in the seams" of payments and data networks is needed, experts say.
By David HeunMarch 17 -
American Express has filed a notice with the attorney general in California informing some of its cardholders that their account information may have been compromised.
By David HeunMarch 17 -
American Express has filed a notice with the Attorney General in California, informing some of its cardholders that their account information may have been compromised.
By David HeunMarch 16
