Target has announced two major initiatives this morning, both with the potential to change the retailer’s immediate future significantly. Bob DeRodes will join the company as executive vice president and chief information officer (CIO). Target also released its plans to incorporate MasterCard’s Chip-and-PIN technology across...
A patent originally filed in October 2010 was assigned to MasterCard International, Purchase, NY, according to Insurance News Net. The patent was developed by a team of five members, and offers “methods for risk management” in mobile devices like smart phones that can be used...
In this exclusive series, MasterCard’s Chief Emerging Payments Officer Ed McLaughlin has spoken with MPD CEO Karen Webster about the general state of mobile commerce, its game changers, and the technology behind mobile security. In the final part of the digital discussion, McLaughlin reveals exciting...
A new Corporation for Enterprise Development (CFED) study, supported by MasterCard Center for Inclusive Growth, indicates that more than half of US microbusinesses, “the backbone of our national economy,” are at risk due little savings and issues with cash flow, according to a CFED release.
Pinpoint, a Sydney-based provider of loyalty and rewards services for banks and merchants in the Asia Pacific region, has struck an acquisition deal with MasterCard for an undisclosed sum. “Not only does Pinpoint offer a competitive edge in Australia, its growing presence across Asia Pacific also...
“Why don’t we just leapfrog over EMV and go right to mobile?” That’s just one of the questions that MPD CEO Karen Webster posed to MasterCard’s Chief Emerging Payments Officer Ed McLaughlin in Part Three of this Four Part Mobile Insiders Series. Don’t you want...
In a tight credit market and fragile economy there are still a lot of things that the FI and payments community can do to help SMBs succeed. Eugene DeSilva, MasterCard’s Group Head responsible for the Global SME Segment within the Global Commercial Products Group, tells...
Several Russian banks were recently denied services by Visa and MasterCard, and now the general public is concerned about the country’s financial situation, according to RIA Novosti. The Russian Central Bank has now invited the country’s banks and payment platforms to help find a new...
In Part Two of this exclusive series, MasterCard’s Chief Emerging Payments Officer, Ed McLaughlin gives Karen Webster the view from his perch on who’s doing the most game-changing stuff in mobile, which represent the biggest opportunity of all and where the “white spaces” are that...
