David Heun is an associate editor for technology at American Banker.
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After years of supporting payments research and building a reputation of being friendly toward technology startups, American Express is bringing its key technologies under the Amex Enabled Digital Solutions umbrella.
By David HeunNovember 17 -
First Data and NCR Corp. are flexing their scale muscles in an agreement that brings the technology strength of both companies to the grocery, petroleum and convenience store industries and expands NCR's ATM footprint.
By David HeunNovember 16 -
A point-of-sale malware that steals payment card data has resurfaced after a few years with a diabolical twist it cleans up its crime scene, making it difficult for businesses to realize their networks are infected.
By David HeunNovember 16 -
After unveiling Square Payroll in California earlier this year as another component in its strategy to aid small businesses, Square Inc. is expanding the service for businesses with hourly or salaried employees into Texas.
By David HeunNovember 13 -
Gas stations have until 2017 to upgrade pumps for EMV chip-card acceptance, but first things first the indoor point of sale at convenience stores at those stations were included in the October 2015 liability shift for merchants.
By David HeunNovember 13 -
Barclaycard's first range of wearable bPay devices never looked like they had a home on the fashion runway, but the issuer is betting the fashion brand TopShop can make it in vogue.
By David HeunNovember 12 -
The term "mobile wallet wars" has been part of financial services lingo for several years, with banks, merchants and software companies fighting for control of digital payments. But the real battle is taking place in an entirely different arena.
By David HeunNovember 11 -
Credit unions and community banks are preparing to adopt Android Pay and Samsung Pay, while reporting more consumer use of Apple Pay since its launch last year.
By David HeunNovember 10 -
Cybersecurity provider Thales e-Security Inc. has developed software to monitor and manage hardware security modules at different physical locations within a company's network.
By David HeunNovember 10 -
The massive amount of data collected by risk management systems often calls for a human to spend time deciphering the information and reporting on the findings. Chicago-based Narrative Science wants to automate that process.
By David HeunNovember 10 -
China's largest telecom technology testing laboratory plans to use a Fime tool to strengthen the country's mobile security.
By David HeunNovember 9 -
Even with the prevalence of mobile P2P apps like Venmo and Square Cash, consumers still turn to cash, checks and PayPal most often to pay one another.
By David HeunNovember 9 -
A Swiss joint venture plans to release SwissWallet for online shopping this month, partnering with MasterCard for use of its digital wallet, MasterPass.
By David HeunNovember 6 -
Point-of-sale payment provider payworks has released a white-label software development kit (SDK) that outside parties can use to develop mobile point of sale services.
By David HeunNovember 5 -
Unlike Rite Aid and CVS pharmacies, which cut off contactless Near Field Communication (NFC) payments when Apple Pay launched in October of 2014, Walgreens never bucked the Apple Pay trend and did not take long to start accepting transactions from Apple's mobile pay service.
By David HeunNovember 5 -
Digital payment provider Mozido will provide the technology behind the Deutsche Telekom AG mobile wallet in Germany.
By David HeunNovember 5 -
The U.S. was one of the last countries to convert to EMV chip cards, at least partly because of the cost involved for the country's massive payments system to replace the easy-to-duplicate mag-stripe cards and halt counterfeit fraud.
By David HeunNovember 5 -
Payments technology provider linked2pay has added remote deposit check capture to is Bank Centric Payments platform for resellers and independent sales organizations.
By David HeunNovember 4 -
As more merchants and consumers adopt mobile payments, many cybersecurity experts warn a boost in mobile payment-related breaches will result, though in some cases providers are sacrificing vulnerability for easier use and more adoption.
By David HeunNovember 4 -
Mobile commerce provider P97 is partnering with SAP Vehicles Network to include its fuel payment platform with SAP's cloud-based automobile operating system.
By David HeunNovember 3
