David Heun is an associate editor for technology at American Banker.
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If biometrics is ever going to be a part of how consumers make payments, PayTango Inc. figures the best place to find out is on college campuses.
By David HeunMarch 27 -
With an eye toward making sure more small and medium-size merchants are aware of the need to comply with the Payment Card Industry data security standards, Dallas-based acquirer SignaPay will utilize ControlScan services.
By David HeunMarch 26 -
The smaller debit networks are ready to join the larger networks in supporting Discover's technology to meet federal rules on routing EMV debit transactions, but they still await clarity from Visa and MasterCard.
By David HeunMarch 26 -
Mobile network operator Orange is working with a music promoter and outdoor advertising company to establish Near Field Communication posters that enable fans to purchase it digitally from their mobile phones.
By David HeunMarch 25 -
Even as debit networks and other participants finally get on the same page for EMV chip-card acceptance, the U.S. is still a long way off from widespread consumer adoption of EMV cards.
By David HeunMarch 25 -
It’s been a busy month for mobile and online payment technology provider Stripe, which took another step in its expansion plans by partnering with mobile application developer Parse.
By David HeunMarch 22 -
MasterCard plans to charge a digital-wallet fee to third-party payment providers as part of a new registration process, a move Visa's CEO called "totally appropriate" — but Discover says it is on a different path.
By David Heun and Daniel WolfeMarch 21 -
The major regional debit networks have unanimously chosen Discover's technology for a common code, or application identifier, for routing EMV debit transactions in the U.S. — but the debate isn't over yet.
By David HeunMarch 21 -
A pending MasterCard "staged wallet" fee, set to take effect in June, is setting a new tone for the emerging payments landscape.
By David Heun and John AdamsMarch 20 -
As VeriFone Systems Inc. seeks new leadership to help it tackle its ongoing challenges, smaller rivals are looking at their own operations to determine which opportunities to seize in the payments hardware market.
By David HeunMarch 20 -
About a month after declaring dissatisfaction with Visa or MasterCard's options for a common code to allow routing options for EMV debit transactions, regional debit networks have chosen to work with Discover Financial Services.
By David HeunMarch 19 -
The European banks that own Visa Europe are reportedly considering selling the entity to U.S.-based Visa Inc. to clear the way for an eventual rival system in Europe.
By David HeunMarch 19 -
About six months after its successful debut of a mobile payment app at College Fest 2012 in Fenway Park, PXT Payments Inc. has another deal in place with Fenway Sports Management for its app, called "looped in."
By David HeunMarch 19 -
Genesco's $13 million lawsuit against Visa Inc., filed last week in a Tennessee court, has a similar ring to it as a countersuit Cisero's Ristorante and Nightclub in Park City, Utah filed last year against its acquiring bank and processor.
By David HeunMarch 19 -
The U.S. may not follow other countries' lead in forcing EMV chip-card users to use a PIN, but data from a biannual Federal Reserve Board survey indicates there is value to sticking with PIN.
By David HeunMarch 15 -
Weve, a joint venture between the UK's three largest telcos, has chosen The Logic Group to provide technology to test a loyalty and coupon program.
By David HeunMarch 15 -
VeriFone's stock price recovered slightly upon CEO Bergeron's resignation, signaling investor interest, and competitor Pax Technology was quick to draw attention to recent speculation that VeriFone would be for sale.
By David HeunMarch 14 -
American Express Co. faces many challenges over the way it operates, but the CEO's 2012 compensation signals that the company is focusing on its strengths.
By David HeunMarch 13 -
Lawmakers are looking into removing the roadblock that currently exists in California for mobile-pay startups that either can't afford the compliance costs for state licensing or define themselves as Web-based marketplaces, rather than true money transmitters.
By David HeunMarch 12 -
B+S, a German payment processor, will provide services that would give merchants in the UK the ability to accept card payments from Chinese tourists making purchases.
By David HeunMarch 12
