MasterCard and Canadian wearables startup Bionym are preparing to test a heartbeat-monitoring wristband as a payments authentication device, Canada’s Business News Network reported on Monday (Nov. 3). The Bionym Nymi Band, which is expected to ship later this year, uses an NFC chip as a...
MasterCard CEO Ajay Banga used Thursday’s (Oct. 30) earnings announcement to make a case that the brand’s own MasterPass starts where partner Apple Pay stops, with loyalty and other promotional capabilities. MasterCard has a strong commitment to Apple Pay, as evidenced by its recent launch of MasterCard Nearby that allows...
There are three things that consumers, merchants, issuers and card networks all want from a payments experience: that it be secure, that it be easy to use and that it be available to consumers at all of the places they want to shop. The payments...
Throughout the 2014 baseball season, MasterCard has been surprising fans with Priceless Surprises. After Apple Pay's recent launch, MasterCard, together with Major League Baseball Advanced Media, surprised MLB fans by enabling the new payment technology at both the Kansas City Royals and San Francisco Giants...
MasterCard launched its Nearby App as a companion app for Apple Pay, enabling consumers to locate the 220,000+ merchants in the United States that can currently accept contactless payments.
What does it take to enable the future of commerce? We’re no longer talking contactless payments on just smartphones and tablets – the focus is now on turning every device into a commerce device, says MasterCard’s Chief Emerging Payments Officer Ed McLaughlin. To coincide with...
Mobile-payments startup Mozido has collected the first $185 million of a planned $400 million round of financing led by MasterCard, the Austin Business Journal reported on Wednesday (Oct. 22). Mozido said it will use the Series B funding for “strategic acquisitions” to expand into China,...
Newgen Software and MasterCard are working today to support faster and more secure B2B payments throughout Asia Pacific. The joint service from the pair “will help enterprise customers digitize their Procure-to-Pay and Order-to-Cash processes, offering them efficient and seamless payments processing and reducing overall costs....
MasterCard Thursday (Oct. 2) announced the launch of SafetyNet, which it said was a preemptive security system “to identify potential attacks before they start and in some cases before the bank or processor is even aware.” The card brand said SafetyNet “is complementary to the...
