David Heun is an associate editor for technology at American Banker.
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MoneyGram is investing more time and technology in helping law enforcement agencies spot the scammers moving money on its network.
By David HeunMarch 28 -
As more U.S. e-commerce merchants look to accept cross-border payments, they must contend with payment processes that are less straightforward than they are used to — but which consumers have come to expect.
By David HeunMarch 27 -
Blockchain technology provider Yosemite X is following the spirit of the mega-retailers' disbanded Merchant Customer Exchange (MCX) joint retailer venture, but on a local level.
By David HeunMarch 25 -
Despite some significant advancements in the past two years, rifts are already developing in the U.S. move to faster payments.
By David HeunMarch 22 -
Web and mobile bill payment service provider doxo now supports Apple Pay as a payment option.
By David HeunMarch 21 -
Cloud point-of-sale provider Revel has implemented its platform for large companies and chains at hundreds of Golftec instruction sites globally.
By David HeunMarch 20 -
Fraud attacks against online food and beverage businesses in the U.S. increased by nearly 80 percent in the past year, as fraudsters have decided that dining establishments are the perfect places to test stolen card credentials.
By David HeunMarch 20 -
Mobile technology provider Branch is expanding a work scheduling and payment app it makes available to companies, enabling the Pay feature to help hourly workers forecast hours and advance their pay.
By David HeunMarch 19 -
The Instagram social media platform is testing a checkout feature powered through PayPal to provide users the option to purchase goods without leaving the app.
By David HeunMarch 19 -
Nacha's request to the Fed to extend submission times for its Same-Day ACH network was far from routine for two organizations that had worked together for decades.
By David HeunMarch 15 -
The new U.S. Faster Payments Council states a clear mission — to promote faster payments in the U.S. But this new entity could butt heads with the Federal Reserve if it thinks the Fed isn't moving fast enough.
By David HeunMarch 14 -
Payments software provider SpotOn Transact is partnering with terminal maker Poynt to provide loyalty, marketing and point-of-sale services in a new terminal for small and medium-size businesses.
By David HeunMarch 14 -
After more than two years of successful operation in delivering Same-Day ACH payments, Nacha's request to add a third processing window has been delayed by the Federal Reserve, which says it has to obtain public comment on the concept.
By David HeunMarch 13 -
Digital payment processing software provider OpenWay has integrated its platform with a Gemalto hardware security module to make it easier for clients to migrate to multichannel payment services.
By David HeunMarch 13 -
Ideally, Swift would like to see its worldwide bank network fully adopt its Global Payments Innovation initiative as well as the ISO 20022 messaging standard for cross-border payments.
By David HeunMarch 13 -
PayPal is expanding its Instant Transfer service beyond debit cards, establishing a service for instant money movement from PayPal accounts to bank accounts.
By David HeunMarch 12 -
Italian payments provider Axepta-BNL Group is launching the WeChat Pay service to its clients, saying it is the first in the country to offer the popular Chinese mobile payment and social networking app.
By David HeunMarch 12 -
Our annual Most Influential Women in Payments feature, now in its seventh year, highlights the women who are creating change and opportunities in the payments industry. For the first time, the editors of PaymentsSource have also recognized one woman for lifetime achievement.
By Daniel WolfeMarch 12 -
Two years ago, Ellen Richey became Visa's vice chairman and chief risk officer, propelled to this role by over a decade of work that fundamentally changed how the average consumer makes a payment. Richey plans to retire this summer, ending a 40-year career in law and risk management.
By David HeunMarch 12 -
As president of enterprise strategic partnerships at American Express, McNeal has been right in the middle of developing the technology and use cases for Amex to advance in a digital and virtual payments world.
By David HeunMarch 12
















