David Heun is an associate editor for technology at American Banker.
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The many empty storefronts resulting from the struggling U.S. economy could be repurposed to play a prominent role in the future of mobile payments. If this happens, the practice would follow an example being set by a test in the UK involving online shopping giant Shop Direct.
By David HeunDecember 17 -
Right on the heels of providing technology for the Dunkin’ Donuts mobile payment app, CorFire has bolstered its mobile commerce offerings through a partnership with PayPal Inc.
By David HeunDecember 14 -
ControlScan will partner with London-based Foregenix to expand its payment data security compliance services into Europe, the Middle East and Africa.
By David HeunDecember 12 -
An EMV Migration Forum committee studying the complex details surrounding the conversion of PIN debit networks to handle EMV chip-card payments in the U.S. has "the highest level of urgency" of any of the forum's study groups.
By David HeunDecember 12 -
It's been just three months since Apple debuted its latest iPhone, and already there are fresh predictions about what the next model will do and what it will mean for payments.
By David HeunDecember 11 -
Intuit's 2012 New Year resolution for its GoPayment card reader was to take it around the world. It did so in bookend fashion.
Like many New Year's resolutions, this one got off to a great start and then languished. Intuit started the year by offering its GoPayment reader in Canada. The Mountain View, Calif.-based company's next significant international expansion was last week's push into the UK market with a pilot program called Intuit Pay.
By David HeunDecember 11 -
If large retailers felt a need to create their own mobile commerce brand through the Merchant Customer Exchange to lessen customer confusion and control transaction data, then smaller retailers must also feel overwhelmed with all of the mobile payment and commerce choices available.Starting Dec. 10, San Francisco-based CardFree hopes to address that problem as a new company helping merchants develop their own custom-branded mobile commerce tools.
By David HeunDecember 10 -
More than half of consumers in seven technology-advanced countries say they are interested in mobile payments. But the U.S. doesn’t crack the list of the top four countries in which residents say they’d consider replacing their plastic payment cards with mobile phones.
By David HeunDecember 7 -
Barcelona residents not yet conducting tap-and-go payments at merchant point of sale may soon find it easier to do so using their mobile phones.La Caixa continued its push to make contactless payments the accepted norm in Barcelona, announcing plans to issue up to 200,000 Tap Visa stickers that consumers can attach to the backs of their mobile phones.
By David HeunDecember 7 -
The National ATM Council, a trade association that represents independent ATM providers across the U.S., has joined the forum created by the Smart Card Alliance to discuss and encourage payments industry collaboration in preparation for the country’s switch to EMV chip-card technology.
By David HeunDecember 6 -
Online payments provider Optimal Payments Ltd. established the foundation for expanding its payment gateways to U.S. merchants and prepaid business in Europe with separate deals announced this week.
By David HeunDecember 6 -
Passengers on US Airways flights can now purchase food and beverages with a tap of their credit card.
By David HeunDecember 6 -
Software developers at Korala Associates Limited figured they had a pretty solid pitch to banks: a machine they claim costs one-tenth of a traditional ATM, yet provides all of the banking services a customer would need while in a retail setting.
By David HeunDecember 6 -
Retail ATM provider Cardtronics Inc. will allow customers of BBVA Compass free access to 178 Cardtronics-owned ATMs in Colorado as part of a new branding relationship with the Birmingham, Ala.-based bank.
By David HeunDecember 4 -
Isis, mobile-pay venture formed by AT&T, Verizon Wireless and T-Mobile, has signed two deals that would allow consumers to use its Near Field Communication-based mobile wallet at vending machines that accept cashless payments.
By David HeunDecember 4 -
Capitol Federal Savings Bank will upgrade its ATM network with new NCR SelfServ units that allow consumers to deposit cash and checks simultaneously through a single slot.
By David HeunDecember 4 -
Banks have at times been urged to design their own wallets instead of working with third parties — but going it alone may not always be the best approach.
By David HeunDecember 4 -
It appears Near Field Communication payment technology is on the verge of coming into its own — at least in terms of its availability, though not necessarily in consumer adoption.
By David HeunDecember 3 -
JPMorgan Chase's approach to instantly issued debit cards today seems like that of many other banks — it helps checking customers get cards faster. But its future plans for the technology suggest a more ambitious goal.
By David HeunNovember 30 -
NCR Corp. took on the mission of reinventing itself more than a year ago. Part of that reinvention had to do with transforming from a hardware company into a more diverse provider of software and maintenance services. The addition of Retalix allows NCR to fill the gaps in its offerings for retailers.
By David HeunNovember 30
