David Heun is an associate editor for technology at American Banker.
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Season ticket holders of the Washington Nationals professional baseball team will soon pay for concessions and souvenirs with the same smart card they use to enter Nationals Park.
By David HeunJune 25 -
RuPay debit cardholders in India can now use their cards to make online purchases, using Acculynk's PaySecure online PIN pad authentication.
By David HeunJune 24 -
Barclays has introduced a new feature on its Pingit person-to-person money transfer application that brings retailers in the U.K. into the mobile payments fold.
By David HeunJune 24 -
The advance of smart cards, mobile and cloud-based payments all promise one thing: better security. But in many cases, they rely on the same vulnerable hardware at the point of sale.
By David HeunJune 21 -
Ingenico SA will provide the contactless payment terminals that Banco Nacional de Mexico, or Banamex, plans to make available for up to 30,000 retailers in Mexico.
By David HeunJune 20 -
The Metrolink rail system in Southern California is offering commuters a "smart" paper ticket as part of the transit access pass, or TAP, smart card system operating on Los Angeles buses and trains since 2007.
By David HeunJune 20 -
MasterCard has named Gilberto Caldart as the president of its Latin America and Caribbean business, succeeding Richard Hartzell, who takes on a new role as head of MasterCard's business with merchants and acquirers across international markets.
By David HeunJune 20 -
Prepaid card fees are often considered unreasonably high, but that is rarely the case even the ill-fated Kardashian Kard, which was so vilified for its fees that it shut down within a month of its launch, wasn't out of line in its pricing.
By David HeunJune 20 -
Stockholm-based iZettle is bringing its mobile card reader into Mexico.
By David HeunJune 19 -
U.K.-based Spire Payments has hired Nick Parsons as its managing director of Northern European activities, the payments hardware provider announced June 18.
By David HeunJune 18 -
Online restaurant reservation provider OpenTable Inc. has acquired mobile payment startup JustChalo Inc. for $11 million.
By David HeunJune 18 -
In the U.S., the only country converting to the EMV chip-card format with more than one debit network and a federal mandate that covers debit routing, the lingering uncertainty about how to code EMV payments is pushing away many issuers and forcing them to wait before offering cards, says Thomas Grouard Lillelund, senior manager of EMV and new technologies for CPI Card Group.
By David HeunJune 18 -
MasterCard Inc. and telco VimpelCom Ltd. are testing a Near Field Communication-based mobile payments service at a Russian bank.
By David HeunJune 17 -
Eight months after giving the Project Oscar mobile commerce initiative a new name Weve and a new mission in the U.K., the telco joint venture has given its first hints of launching a Near Field Communication mobile payments service.
By David HeunJune 17 -
Banks providing cash back on transactions as an incentive for credit card use have a better chance of seeing their account become the "top of wallet" card, a new Auriemma Consulting Group report says.
By David HeunJune 14 -
Nearly 50% of consumers participating in a WorldPay survey about payment technology say they would like to use biometrics for security.
By David HeunJune 13 -
Total System Services Inc. has named Gaylon Jowers Jr. and Mark D. Pyke senior executive vice presidents, part of a series of promotions and additions the payment processor announced today.
By David HeunJune 13 -
Many small merchants operate a website not conducive to accepting payments on mobile devices, and many have not upgraded point of sale terminals to accept mobile payments.
By David HeunJune 13 -
Merchants, acquirers and issuers are preparing to handle EMV-chip debit cards that carry three application identifier codes from Visa, MasterCard and Discover as an earlier push to use one common code remains unresolved.
By David HeunJune 13 -
Some data breaches cant be prevented. But too many occur when data-storage companies fail to use aggravatingly simple protections, a new Javelin Strategy & Research report says.
By David HeunJune 12
