David Heun is an associate editor for technology at American Banker.
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Even though a denial-of-service attack on an e-commerce site is not classified as a breach because data is usually not compromised, the 2018 Verizon Data Breach Investigations Report claims it is a growing menace to merchants who rely solely on their websites.
By David HeunApril 11 -
Mastercard and IBM have founded a company with a very narrow goal: to help organizations scramble their data to thwart hackers and comply with Europe's General Data Protection Regulation.
By David HeunApril 11 -
In seeking to solidify that potential, FIDO Alliance and the World Wide Web Consortium have created Web Authentication (WebAuthn), a new standard that allows approved FIDO Authentication methods to operate through browsers.
By David HeunApril 10 -
The Masterpass digital wallet will become embedded into the My Phillips 66 app later this year, enabling customers to pay at the pump or in the convenience store.
By David HeunApril 9 -
Ann Cairns has been named vice chairman at Mastercard, effective June 1, moving on from her role as president of international markets for the card brand.
By David HeunApril 6 -
More e-commerce companies see recurring billing as a key revenue model, a trend that convinced Stripe to try to lower the bar to entry.
By David HeunApril 5 -
In deploying the Social Pay money transfer service, ICICI Bank says it is the first bank in India to allow nonresidents to send money to family and friends in the country for special occasions like festivals and birthdays.
By David HeunApril 5 -
Some of the biggest digital wallets in the world — including Alipay and WeChat Pay — succeed because they have very little in common with other big-brand wallets like Apple Pay, Google Pay and Samsung Pay.
By David HeunApril 5 -
This year could be a pivot point for blockchain to move past proofs of concept to adoption, propelled by strong investor interest. But many still see the tech as being three to four years away from going mainstream.
By David HeunApril 4 -
Europe's banks stand to benefit a lot from the SEPA Instant Credit Transfer scheme — but "instant" is a high bar that many banks may not be able to reach.
By David HeunApril 4