David Heun is an associate editor for technology at American Banker.
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As the U.S. continues its conversion to EMV chip-card technology, the Durbin amendment's requirement for supporting multiple debit networks is presenting yet another challenge to overcome.
By David HeunJanuary 18 -
The U.S. Federal Reserve Board plans to get a better idea of how Americans are making payments — when they don’t use cash.
By David HeunJanuary 18 -
The Payment Card Industry Data Security Standard is all about money — but increasingly, the question is whether it's about protecting money or making money.
By David HeunJanuary 17 -
A week after it announced involvement in the first contactless payment program in Germany, French terminal maker Ingenico SA says it plans to do the same thing in Portugal.
By David HeunJanuary 17 -
Fiserv Inc. has stuck to the same philosophy it had when it formed the EFT Solutions Risk Office three years ago: card-data security isn't an arms race — it's a battle of wits.
By David HeunJanuary 17 -
Visa has approved Waterloo, Ontario-based RiM's secure element manager software for Near Field Communication mobile payments, thus enabling telecommunications carriers to secure payment data from Visa issuers on BlackBerry phones and other NFC devices.
By David HeunJanuary 16 -
Research in Motion Ltd. received a significant stamp of approval for its software from Visa Inc. Visa has approved Waterloo, Ontario-based RiM's secure element manager software for Near Field Communication mobile payments.
By David HeunJanuary 16 -
If Apple Inc. wants to make a strong move into mobile payments, it could do so by transforming its iTunes database into a payment and loyalty program, a recent industry report says.
By David HeunJanuary 16 -
PayPal Inc., pushing ahead with its drive to become the payment option of choice at the point of sale, has entered an agreement with hardware maker NCR Corp.
By David HeunJanuary 15 -
Heartland Payment Systems has signed a multi-year contract extension with ABM Parking Services to continue processing payments at ABM’s parking locations nationwide.
By David HeunJanuary 15 -
Cadence Bank NA plans to issue new Discover debit cards to all of the bank’s debit cardholders during the second quarter of 2013, Riverwoods, Ill.-based Discover Financial Services announced Jan. 14.
By David HeunJanuary 14 -
A German banking committee has approved an Ingenico SA payment terminal as the first to accept contactless payments in the country under a new contactless pay system called giorgo.
By David HeunJanuary 14 -
Certain U.S. Bank customers will soon have an opportunity to try the bank's new Go Mobile payment system, which allows iPhone owners to make contactless payments using a Near Field Communication-equipped case.
By David HeunJanuary 11 -
Surcharge-free ATM networks are expanding in Canada. The push is being led by Canadian credit unions as well as the efforts of U.S.-based Cardtronics.
By David HeunJanuary 11 -
Certain U.S. Bank customers will soon have an opportunity to try the bank's new Go Mobile payment system, which allows iPhone owners to make contactless payments using a Near Field Communication-equipped case.
By David HeunJanuary 10 -
Cezar Butu of Romania, who pleaded guilty to taking part in hacking terminals at hundreds of U.S. Subway sandwich shops from 2009 to 2011, was sentenced this week to 21 months in prison.
By David HeunJanuary 10 -
Incipio Technologies introduced its Cashwrap sleeve for Apple Inc. iPhones two years ago as a way for merchants to accept card payments in the same manner as a Square mobile reader.
By David HeunJanuary 9 -
Mozido LLC, having purchased PagoVision Inc., plans to expand its cloud-based digital wallet and financial services while more readily getting mobile products in front of unbanked consumers.
By David HeunJanuary 9 -
Banking on its brand and reputation for handling and transporting money securely, The Brink's Co. plans to enter the payments industry with a prepaid payroll card during the first quarter of 2013.
By David HeunJanuary 9 -
Heartland Payment Systems' payroll business got a shot in the arm when the company purchased Ovation Payroll at the end of December, and the payment processor's mobile commerce business stands to also get much bigger because of the acquisition.
By David HeunJanuary 8
