David Heun is an associate editor for technology at American Banker.
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ATM technology provider Payment Alliance International is partnering with B4U Financial to enable users of any cryptocurrency wallets to redeem bitcoin for cash at the ATMs.
By David HeunNovember 25 -
Moscow-based JSC Post Bank has established a merchant acquiring agreement with JCB International to allow JCB cardholders to withdraw cash from all of the bank's ATMs and make payments at Post Bank point-of-sale terminals in Russia.
By David HeunNovember 25 -
JoomPay Europe S.A. is launching a person-to-person payment app throughout Europe that it says will give consumers an instant money transfer tool similar to what U.S. residents have in Venmo, Square Cash and Zelle.
By David HeunNovember 24 -
Payoneer has integrated its payment orchestration platform into its core services, a year after obtaining the cloud-based technology through the acquisition of German payments provider Optile.
By David HeunNovember 23 -
In addition to monitoring the spike in contactless payments because of the COVID-19 pandemic, Verizon Business has also cited the expected decrease in foot traffic at the largest malls in the U.S. through its mobile data metrics.
By David HeunNovember 20 -
E-commerce fraud prevention provider Forter has raised $125 million in a Series E funding round, pushing the New York-based company's valuation to more than $1.3 billion.
By David HeunNovember 19 -
Securus Technologies and JPay are launching a general-purpose reloadable prepaid card that will include access to various financial services and money transfer capabilities, as well as benefits for families handling finances of a loved one currently incarcerated.
By David HeunNovember 18 -
In a boost to its battle with non-bank digital platforms, Spain's Banco Santander has acquired technology assets from scandal-ridden German payments processor Wirecard.
By David HeunNovember 17 -
Virtual card company Marqeta will provide the platform to underpin Uber Eats' global growth and become the issuing partner for future Uber initiatives.
By David HeunNovember 17 -
With Brazil's Central Bank launching the PIX instant payments network Monday, Uber and Ebanx quickly announced they are expanding their partnership to enable Brazilians to make instant payments through PIX for Uber rides and Uber Eats orders.
By David HeunNovember 16 -
Mastercard says it has been notified the Department of Justice has approved its planned acquisition of data aggregator Finicity, putting the card brand on track to close the deal before the end of the year.
By David HeunNovember 16 -
Brazil aims to move beyond the era of cash payments on Monday, when the Banco Central do Brasil launches the Brazil Instant Payment System.
By David HeunNovember 12 -
Podium is offering chargeback-fraud screening for local businesses taking in-person, offline purchases that use its customer messaging platform and accompanying Podium Payments service.
By David HeunNovember 11 -
EMVCo, the major card brand-supported venture to establish EMV guidelines and specifications, has begun testing a program to determine if consumer mobile devices can securely accept contactless payments — a move that not only hastens the adoption of contactless payments, but renews criticism over which networks control technology and routing decisions.
By David HeunNovember 11 -
The Interac debit network is expanding online and in-store options for Walmart customers throughout Canada, looking to have new technology in place by spring of 2021.
By David HeunNovember 10 -
The everyday occurrence of patients leaving medical appointments or hospital stays with no idea what their insurance will cover, what they owe or what payment options exist would change dramatically if health care facilities turn to technology that delivers accurate billing at checkout.
By David HeunNovember 9 -
Brazil's central bank and the country's National Monetary Council have established operation guidelines for a regulatory sandbox to encourage financial and payments technology innovation.
By David HeunNovember 6 -
As challenger banks threaten Green Dot Corp.'s status among the underbanked, the prepaid card issuer is diving into their market by unveiling a challenger bank of its own.
By David HeunNovember 5 -
In a major break from the Payment Card Industry security standards playbook, merchants and service providers using newer technologies would have the opportunity to rewrite network operation and testing procedures when achieving compliance.
By David HeunNovember 3 -
MoneyGram's digital offerings are attracting different types of consumers into the company fold, CEO Alex Holmes said during the third-quarter earnings call.
By David HeunOctober 30

















