David Heun is an associate editor for technology at American Banker.
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If a fraudster doesn't know a credit card verification value code, it creates a major hurdle in attempting a card-not-present transaction with stolen cards or credentials.
By David HeunDecember 9 -
ACI Worldwide will provide the payments framework to allow international money transfer provider TransferWise to add more services to its network.
By David HeunDecember 8 -
SunTrust Banks Inc. introduced enhanced rewards and bonuses with three new credit cards for customers about seven weeks after the October EMV liability shift, gaining some headwind with the added security of chip cards and an offer of free FICO score reporting.
By David HeunDecember 8 -
Mobile ticketing and payment provider Masabi has received $12 million in funding from various investors, including MasterCard.
By David HeunDecember 7 -
Apple Inc. is reportedly working with Boku to bring a carrier billing option to iTunes users in Russia.
By David HeunDecember 4 -
The "last mile" of a business-to-business payment, as funds reach a destination bank account, needs common standards and transparency as more companies eliminate paper checks and move to digital transactions.
By David HeunDecember 4 -
Mobile wallet and commerce provider Mozido continues to spread its wings with the launch of contactless payment capabilities for TWallet users in Indonesia.
By David HeunDecember 3 -
Krispy Kreme's new payment and loyalty app is betting big on customers' appetite for donating to charity.
By David HeunDecember 2 -
The introduction of EMV cards didn't significantly slow transaction times at U.S. retailers during the Black Friday shopping event, but there are still many wrinkles to iron out at the point of sale.
By David HeunDecember 1 -
Mobile wallets have long struggled to displace cash and cards, so Ingo Money chose a different target: check-cashing.
By David HeunDecember 1 -
Lovers of Krispy Kreme doughnuts and coffee now have a mobile app to pay for their purchases and receive rewards.
By David HeunNovember 30 -
While consumers hunt for deals during the holiday online shopping frenzy, fraudsters are doing the same using the credentials they've hoarded from any number of data breaches the past year.
By David HeunNovember 30 -
WorldRemit app users can now send funds to any bank account in Vietnam, as the money transfer provider expands into Southeast Asia.
By David HeunNovember 25 -
To counter the rising rate of e-commerce fraud, U.K.-based myPINpad plans to provide a virtual PIN pad for mobile-generated online transactions through the VocaLink network for the next five years.
By David HeunNovember 24 -
ShopKeep's most recent survey of its 20,000 merchant clients shows two mobile payment trends at odds with one another.
By David HeunNovember 24 -
At long last, the National Retail Federation has won the support of several U.S. attorneys general in its demand for chip and PIN security at the point of sale. But even this isn't enough.
By David HeunNovember 23 -
With the outlook for mobile payments improving, American Express has brought together several initiatives in this area under a new umbrella dubbed Amex Enabled Digital Solution.
By David HeunNovember 20 -
Canada has joined a growing number of nations seeking to adopt the International Standards Organization 20022 payment messaging standard to initiate faster payments at less cost.
By David HeunNovember 18 -
Despite many merchants' resistance to the EMV migration in the U.S., the chip-card technology can become more appetizing when it is baked into another item on the terminal maker's menu.
By David HeunNovember 18 -
Mobile ticketing for mass transit has a rare quality in mobile payments it addresses a pain point that consumers actually long to have solved.
By David HeunNovember 18
