David Heun is an associate editor for technology at American Banker.
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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 -
The McDonald's at 6 Water St. in New York City has been shut down for more than two months, as it was one of the first buildings struck by surges of sea water from Hurricane Sandy. The ATM inside, if it still exists, has been inaccessible ever since. But the machine has shown up for weeks afterwards on some ATM locator smartphone apps, which did not notice the machine's absence in the immediate aftermath of the storm.
By David HeunJanuary 8 -
Heartland Payment Systems has boosted its payroll services by acquiring Ovation Payroll, a Rochester, N.Y.-based outsourcing company.
By David HeunJanuary 7 -
Churches often frown on worshippers bringing mobile phones into services. But they may have a different view if those churchgoers use their phones to make donations to the church.
By David HeunJanuary 7 -
Consumer use of prepaid gift cards grew 10% in 2012, up to $110 billion in card loads, but an increase in fraudulent use of those cards and a growing need to protect consumers could follow, a new report warns.
By David HeunJanuary 4 -
Visitors of the Vatican Museum in Vatican City will need cash to buy tickets and souvenirs in the aftermath of Italy’s central bank ordering all payment terminals deactivated, AFP reported Jan. 3.
By David HeunJanuary 4
