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...
The biggest surprise in August’s retail sales numbers was actually of no surprise to Sarah Quinlan, SVP of MasterCard’s Market Insights. Quinlan’s read of those tea leaves all along pointed to continued spending. Yet Quinlan told MPD CEO Karen Webster that she’s not as convinced...
MasterCard is labeling “successful” a biometrics payments trial (facial plus voice) where more than 14,000 transactions were confirmed in a closed iOS and Android pilot using only MasterCard employees, according to a Computerworld report. An employee-only trial would ostensibly solely be a test of the...
In the wake of the launch of Apple Pay, MasterCard announced that it recently held a closed pilot to understand the consumer experience around voice and facial recognition, according to a company blog post by Ajay Bhalla, President, Enterprise Safety and Security at MasterCard.
Say what you will about Apple, but when it throws one of its product rollout parties, almost everyone wants to play. With Apple’s first official step into mobile payments Tuesday (Sept. 9) and the unveiling of Apple Pay, few in payments wanted to be excluded....
MasterCard announced that it has selected the first class of 7 European start-ups to develop innovative commerce solutions as part of the inaugural MasterCard Start Path accelerator class, according to a company release.
