David Heun is an associate editor for technology at American Banker.
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As more mobile wallets experiment with alternatives to Near Field Communication, Isis stuck to its use of the contactless payment technology. But will that prove to be a winning strategy or just a payments-industry fad?
By David HeunDecember 24 -
Decoupled debit cards, which draw funds from an account at a separate issuer, are typically framed as a low-cost alternative to bank cards.
By David HeunDecember 23 -
Despite various technology challenges and a recent legal stumbling block in resolving the EMV debit routing issue in the U.S., the EMV Migration Forum says it made significant progress in the past year.
By David HeunDecember 23 -
Decoupled debit cards, which draw funds from an account at a separate issuer, are typically framed as a low-cost alternative to bank cards. But in the wake of the massive Target Corp. data breach, security may have suddenly become the product's biggest selling point.
By David HeunDecember 23 -
Flipkart Payment Gateway Services has launched a consumer-facing version of PayZippy, allowing shoppers in India to make secure online transactions with numerous merchants.
By David HeunDecember 20 -
Card payments account for more than two-thirds of all noncash payments in the U.S., and the number of checks written for payment is less than half of what is was a decade ago, according to the Federal Reserve Bank Services' 2013 payments study.
By David HeunDecember 20 -
The Target breach, which affected up to 40 million cardholders who shopped at the store from Nov. 27 through Dec. 15, is noteworthy because it affects a massive retailer with deep experience in the credit and debit card businesses and an extreme early adopter of EMV-chip cards in the U.S.
By David HeunDecember 19 -
If Target can't protect itself from a data breach, how can any retailer hope to do so?
By David HeunDecember 19 -
La Caixa Bank says it will soon launch the largest mobile payment venture in Europe, once again placing the bank at the center of a major European payments initiative.
By David HeunDecember 19 -
E-commerce site Snapdeal will launch its own payment gateway to serve Indian merchants and consumers within the next few months, aiming to reduce consumers' use of paper cash.
By David HeunDecember 18 -
Conductors on the Eurostar high-speed train service in Europe are using iZettle chip and PIN mobile card readers to accept payments from passengers seeking an upgrade in travel class.
By David HeunDecember 18 -
The docket at the U.S. Second Circuit Court of Appeals quickly attracted appeals to Judge John Gleeson's recent ruling to approve the class-action swipe-fee settlement on an antitrust case that has lingered in his court for nearly nine years.
By David HeunDecember 18 -
Discover Financial Services has begun testing a mobile payment system using biometric technology at its Riverwoods, Ill., headquarters.
By David HeunDecember 17 -
The docket at the U.S Second Circuit Court of Appeals quickly attracted appeals to Judge John Gleeson's Dec. 13 ruling to approve the class-action swipe-fee settlement on an antitrust case that has lingered in his court for nearly nine years.
By David HeunDecember 16 -
The docket at the U.S. Second Circuit Court of Appeals quickly attracted appeals to Judge John Gleeson's Dec. 13 ruling to approve the class-action swipe-fee settlement on an antitrust case that has lingered in his court for nearly nine years.
By David HeunDecember 16 -
Tim Hortons was quick to take advantage of the host card emulation technology available in Google's new Android KitKat mobile operating system.
By David HeunDecember 13 -
ATM owners and operators will watch closely and provide support from the sidelines as the new Debit Network Alliance seeks to resolve the industry's nagging EMV debit routing issue at the retail point of sale.
By David HeunDecember 13 -
Wells Fargo & Co. will link its Visa consumer credit card to the Isis Mobile Wallet in what it calls the "first phase" of an agreement with the payments venture, giving Isis a prominent new supporter shortly after the wallet's nationwide launch.
By David HeunDecember 12 -
The Debit Network Alliance, formed this week through the collaborative effort of ten PIN debit networks, is seeking the membership and cooperation of other industry players, including the major card brands.
By David HeunDecember 12 -
JPMorgan Chase's recently published patent application for a free online payment system offers some hints about the bank's future payment plans.
By David HeunDecember 11
