Customer experience. Security. Ubiquity. These, says Matt Barr, Group Head, US Emerging Payments at MasterCard, make up the “holy trinity” of payments. In a recent interview with MPD CEO Karen Webster, Barr and Shannon Johnson, SVP Head of Checking & Payments, SunTrust offered a...
The U.S. Payments Security Task Force (PST) was established earlier this year and dared to go where no task force has ever gone before: it has created a roadmap for protecting cardholder data at the merchant point of sale. It was a pretty daunting assignment....
MasterCard is turning plastic, digital. It wants the world to say goodbye to “static” cards and hello to a new age of digital, “dynamic” interactive cards – an innovation that MasterCard Group Exec, Global Credit and Debit Products Carlos Menendez says is part of a...
There is no shortage of efforts to bring financial inclusion to those in developing economies who lack access to basic financial services. Most have failed for one very important reason – they’ve been unable to scale. The announcement last week of MasterCard’s partnership with The...
Across East Africa, millions are trapped in a cash economy, lacking financial services to help them fight risk, invest in their future and ultimately build better lives. There is an urgent need for the creation of commercially viable products and services for the unbanked and...
Sarah Quinlan, SVP and Group Head of Market Insights for MasterCard Advisors looked into her Black Friday crystal ball and shared all that she saw with MPD CEO Karen Webster. Quinlan has some interesting predictions for who’s going to thrive and why the role of...
Nearly half of consumers said they would “definitely” or “probably not” shop over the holidays at retailers that experiences data breaches, according to a recent survey. Consumers still need reassurance from the retail world that these breaches won’t happen, says Ajay Bhalla, President, Enterprise Safety...
MasterCard sees mobile payment security as crucial, but it’s power is relevant only to the point that shoppers are actually using it. And with Apple Pay, that is starting to happening meaningfully. In a talk with analysts on Wednesday (Nov. 19), Ed McLaughlin, the chief...
What’s the next step a company should take in the evolution of corporate travel? According to Richard Crum, Group Head, Global T&E Products & Solutions, MasterCard, it’s to implement individual virtual card accounts. That very step, he says, will boost travel expense management, allow for...
