David Heun is an associate editor for technology at American Banker.
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After recent attacks on ATM networks, the PCI Council, a prominent standards body, recommended extra protections for mainframes that handle card and payment data.
By David HeunJuly 26 -
Tech companies that help banks detect money laundering have raised hundreds of millions of dollars in recent months because of advances in their products. Observers suggest the vendors will have to diversify their offerings to survive in a crowded field.
By David HeunJuly 21 -
The two payment providers are teaming up to support real-time payments for contractors globally. The move is designed to capitalize on Marqeta's recent initial public offering.
By David HeunJuly 13 -
ICBA Bancard will help link community banks to instant payments through a partnership with real-time services hub provider Finzly.
By David HeunJuly 12 -
Banks and businesses want a connected system that "just works," regardless of which rail the senders and recipients use. But there is no consensus on how to make that happen.
By David HeunJuly 9 -
In a move it says will cut friction in cross-border payments, Swift is launching a real-time validation service for banks to check and confirm payee details related to the payment beneficiary prior to moving the transaction.
By David HeunJuly 8 -
The payments technology provider is adding a handprint biometric digital ID to its authentication system through a partnership with the French fintech A3BC.
By David HeunJuly 7 -
Building on renewed consumer interest in digital payments, companies such as linked2pay and Pax are making it easier for retailers to add options like ACH and to import shopper data into back-office systems.
By David HeunJuly 2 -
The payments and digital commerce provider Payoneer and the special-purpose acquisition company FTAC Olympus Acquisition Corp. have completed their merger, allowing Payoneer to begin trading on the Nasdaq stock market.
By David HeunJune 28 -
Changing the retailer's prepaid card into a demand deposit account gives customers access to more digital banking tools.
By David HeunJune 24