David Heun is an associate editor for technology at American Banker.
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Hong Kong-based MPayMe has every intention of taking its Znap mobile commerce app to the U.S., but doesn't want to be categorized as just another mobile payments option.
By David HeunOctober 28 -
TAS Group has upgraded its card management software to allow banks to quickly design new EMV chip-based payment products and develop related programs.
By David HeunOctober 25 -
Schnucks Markets Inc. has agreed to a proposed settlement in a lawsuit filed on behalf of customers over the data breach that occurred at some of its stores earlier this year, affecting up to 2.4 million payment cards.
By David HeunOctober 25 -
LevelUp is launching a "connected app" technology that lets merchants tap into its mobile payment system for online commerce and a variety of other uses.
By David HeunOctober 25 -
Consumers continue to view their banks as a trusted payments provider, but they view PayPal Inc. as the nonbank to trust the most.
By David HeunOctober 24 -
The coveted "Millennial" generation of consumers ages 18 to 34 is central to the success of any new payments technology but this group also has a wide range of financial goals that make it hard to target with a one-size-fits-all product.
By David HeunOctober 22 -
Visa and MasterCard have aggressively worked to establish their V.me and MasterPass wallets since launching both products within the past year, and both companies are trying to learn from their past efforts in e-payments.
By David HeunOctober 22 -
There is a surge of activity in person-to-person payments, with the biggest banks going head-to-head with technology giant Google and other significant rivals.
By David HeunOctober 21 -
Some of the legal woes Schnucks Markets Inc. has faced since suffering a data breach from December 2012 through March 2013 were eased this month in a St. Louis court.
By David HeunOctober 17 -
ReD has expanded its relationship with Seattle-based WhitePages Inc. to provide its e-commerce merchant clients with more business and consumer data when vetting transactions for fraud.
By David HeunOctober 17 -
At 800 stores, the Checkers/Rally's fast-food chain may seem overshadowed by giants like McDonald's. But to CardFree, merchants of Checkers' size are ideal customers for its mobile payments technology.
By David HeunOctober 16 -
Oberthur Technologies is joining the Fast Identity Online Alliance as a member of the FIDO board of directors.
By David HeunOctober 15 -
Gun sellers, medical marijuana shops, pornography sites, bitcoin exchanges and mug-shot galleries share a common stigma many payments companies refuse to do business with them, whether or not they run afoul of the law.
By David HeunOctober 15 -
Visa plans to parlay its investment in Near Field Communication technology in Australia through a venture with the top telcos and numerous handset manufacturers to establish contactless payments.
By David HeunOctober 11 -
Visa Europe has secured the services of Conferma to provide its issuing banks and payments partners with technology that can provide virtual account numbers for business travel customers.
By David HeunOctober 11 -
As Isis prepares for its nationwide launch, it is getting marketing help from a significant merchant: McDonald's.
By David HeunOctober 10 -
Jumio Inc. has expanded its ID scanning technology to support Apple and Samsung's digital wallets, enabling scanned payment cards to be used within other mobile apps.
By David HeunOctober 9 -
Less than two months after launching Evolve Money for cash-paying consumers to pay and track bills online or through a smartphone, PreCash Inc. has its first wireless carrier supporting the app.
By David HeunOctober 9 -
Mobile payments startup Pokkt has raised $500,000 in its first round of funding, allowing the company to eye expansion from India to other regions of southeast Asia.
By David HeunOctober 9 -
Merchants are often wary of investing in a new point of sale terminal when even newer technology may be just around the corner. Spire Payments aims to ease their concerns by offering a developer-friendly system designed to adapt quickly.
By David HeunOctober 9
