David Heun is an associate editor for technology at American Banker.
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The spread of breached identity information has resulted in an outbreak of new account creation fraud with a new ground zero for the crimes pointing right at Latin America.
By David HeunMay 3 -
If Amazon Go and other omnichannel concepts are redefining self-service commerce, does the humble vending machine lose its relevance?
By David HeunMay 2 -
Helped by its role as a transportation fare option, Apple Pay enjoyed a strong second quarter, driving revenue in Apple's services division as well as the company's overall $61.1 billion revenue for the quarter.
By David HeunMay 1 -
The Society for Worldwide Interbank Financial Telecommunication has its sights set on expanding real-time payments in the Asia-Pacific region as part of its plan to further its first value-add service created from the Global Payments Innovation initiative.
By David HeunApril 30 -
Often thought of as the Square of Europe, iZettle is working to sprint ahead of its American rival.
By David HeunApril 30 -
Visa CEO Alfred Kelly is less publicly adversarial toward market rival PayPal than his predecessor Charlie Scharf, even as Visa's push for a "single button" for online payments seems to undermine PayPal's business model.
By John AdamsApril 26 -
More fraudsters are seeking out children for identity theft, highlighting another danger of the digital economy.
By David HeunApril 26 -
Wells Fargo partner Expensify has launched an expense reporting application that will streamline the importing of credit card transaction data and provide access to a detailed history of those transactions.
By David HeunApril 25 -
Many in Europe and the U.S. view GDPR as Europe's first true data breach protection measure — in part because it requires notification of any breach within 72 hours. But they also see it as a complex and costly race to the May 25 deadline.
By David HeunApril 25 -
IoT and omnichannel require fast informed data-driven decisions for merchants, a challenge Mastercard hopes to address with predictive analytics, driving more transactions and fee income.
By David HeunApril 23 -
Apple has made moves to acknowledge Alipay's dominance in the market, such as partnering with Alibaba Financial affiliate Alibaba to accept Alipay payments in China's Apple stores.
By David HeunApril 20 -
Mobile payments provider iZettle is adding an e-commerce platform that will expand merchants' capabilities to accept payments in-store and online.
By David HeunApril 19 -
Major card brands have been competing to surpass each other with rewards and premium card offerings for decades, but American Express still views the premium card world as one it dominates.
By David HeunApril 19 -
LevelUp had a lot of failed experiments along the way, but it still won over major partners and is seeing new results in the restaurant industry.
By David HeunApril 19 -
E-commerce payments technology provider Stripe is launching a fraud prevention tool for security professionals at large organizations.
By David HeunApril 18 -
Two years ago, Marriott split its customers between two card issuers following its acquisition of Starwood Hotels. Rather than choose one over the other, the chain has challenged Amex to draw a clear line between its cobrand card and that issued by Chase.
By David HeunApril 16 -
Following a series of high-profile merchant defections, the Plenti multi-merchant rewards program will end on July 10. The program's treatment of merchant exclusivity may have proven too limiting.
By David HeunApril 16 -
By any measure, if Visa can trim more than two weeks off a chargeback dispute, it should help merchants and cardholders. But like many efforts to improve the payments market, it won't be an easy change.
By David HeunApril 13 -
Sapphire Ventures and Cervin Ventures were involved in the Series B funding round, bringing their total of support to $31 million for Mountain View, Calif.-based Punchh.
By David HeunApril 12 -
Web and mobile bill payment provider Doxo is taking its first step into cash payment options by partnering with Coinstar to enable cash bill payment at thousands of coin-counting kiosks in retail locations.
By David HeunApril 12

















