Mastercard

Mastercard
Mastercard Ditches Signatures Completely
October 18, 2018

Mastercard, the payments company, announced on Thursday (Oct. 18) that cardholder signatures will now be optional for the back of credit cards and receipts. In a press release, Mastercard said it is making the changes due to advancements in technology and security. “With modern, advanced forms...

Mastercard
Mastercard Digital Commerce Suite To Make Every Card ‘Token Ready’
October 18, 2018

Mastercard said Wednesday (Oct. 17) that it will enable tokenization services on all cards by 2020, as part of its Digital Commerce Solutions, a suite of offerings geared toward making online transactions speedier and more secure. The company said more than half of online shoppers save...

Mastercard
Mastercard Launches Real-Time Bill Payments Via Banking Apps
October 10, 2018

When it comes to paying bills online, banks have come up short in speed and transparency — and customers can’t always use cards if they want. So, they defect to billers. Mastercard is debuting its Bill Pay Exchange — a digital, mobile conduit for automatic reminders...

Mastercard
Mastercard Blockchain Patent Would Support Multiple Currencies
October 10, 2018

Mastercard has been awarded a patent for a proposed blockchain system that would support multiple types of currency. According to Coindesk, the patent describes how a firm may need to store different types of transaction data on the same platform, which is difficult to do...

Mastercard
Mastercard Guarantees Hotel Stays For World, World Elite Cardholders
October 09, 2018

Mastercard is providing increased peace of mind for World and World Elite cardholders, announcing on Tuesday (Oct. 9) two new benefits for those customers. In a blog post, the payment company said it is launching a Hotel Stay Guarantee, which enables cardholders who have experienced any...

Mastercard
How Mastercard And The Red Cross Are Taking On Natural Disaster Payments
September 17, 2018

When Mastercard launched Send in 2015, the focus was on making it easy to move money quickly between businesses and people using the debit card as the proxy. Send doesn’t just work with Mastercard branded cards, either, Jess Turner, executive vice president of digital payments at...

Mastercard
KeyBank Turns To Mastercard For AI Fraud Detection
August 24, 2018

To help make more informed authorization decisions, KeyBank is turning to Mastercard Decision Intelligence. The system, which uses artificial intelligence (AI), will allow KeyBank to increase the accuracy of real-time approvals of genuine transactions and will help enhance the cardholder experience, Mastercard said in an announcement. “We...

Mastercard
Microsoft Pay Integrates With Masterpass
August 07, 2018

Microsoft Pay announced that it now supports Masterpass by Mastercard. Consumers can now use their Microsoft account for fast and secure checkouts at retailers that accept Masterpass without needing to reenter their information. “We are deeply committed to powering a secure and optimized shopping experience...

Mastercard
Mastercard: Helping Law Enforcement Fight Back Against Fake Cards
July 17, 2018

Since the migration to EMV in the largest card market in the world (the U.S. in October of 2015), the incidences of counterfeit card fraud at chip-enabled merchants have fallen sharply — some 76 percent, as reported by card networks. Once cards became significantly harder to clone, fraudsters took their...