KeyBank to enhance banking products with MasterCard's AI product

MasterCard and KeyBank have announced the bank will now use MasterCard Decision Intelligence, a security product that uses artificial intelligence to make more informed authorization decisions, according to a press release. This will enable KeyBank to increase the accuracy of...

MasterCard, Entersekt enable all-in-one, scan-to-pay feature in Nedbank app

MasterCard and Entersekt are collaborating to enable Nedbank's customers in South Africa to make QR payments to Masterpass, Pay@, SnapScan and Zapper merchants and billers through the Nedbank Money app, whether they are paying online or at a physical point...

Wirecard brings more wearable payment options to Europe via Mastercard deal

Wirecard and Mastercard are expanding an existing strategic cooperation with the aim of making digital, contactless payments via wearables accessible to more consumers. As a result, boon from Wirecard will be available in Germany via Garmin Pay, according to a...

Masabi brings more payment options for mobile bus tickets in Denver

Masabi recently announced that Bustang riders in Denver now have new options to pay for tickets when using the Justride Bustang mTicketing app with the addition of Masterpass and Apple Pay, according to a press release. To use Masterpass or...

Venmo officially launches companion debit card

After a year of tests, Venmo Monday officially launched a companion debit card to its popular mobile person-to-person app. The card, which is MasterCard-branded and contactless, is in limited release. Perspective users can join a waiting list for the card...

Mobeewave's brings mPOS product to the UAE

Network International, a payments product provider that services the Middle East and Africa, is set to rollout Mobeewave’s patented in-person contactless payment acceptance platform in the United Arab Emirates, according to a press release. MasterCard and IDEMIA also are involved...

Tigo Pesa brings Masterpass QR to Tanzania

Mastercard and Tigo have announced that Tanzanians can use the Tigo Pesa app to make quick, easy and secure payments with Masterpass QR, according to a press release. The interoperable QR code product is live and ready for Tigo consumers...

Evolving payments technologies challenge merchants to keep pace with consumers' expectations

Evolving payments technologies challenge merchants to keep pace with consumers' expectations

Retailers must be aware of what's changing in payments to better serve their customers. That was the overarching message to retailers from a group of executives on a panel at the recent Oracle Industry Connect in New York City.

Phillips 66 to integrate Masterpass within mobile app

MasterCard has announced that Phillips 66 will integrate Masterpass into its My Phillips 66 app later this year, according to a press release. MasterCard’s digital payment service will enable Phillips 66 customers to pay both at the pump and in...

UK supermarket chain testing cashierless shopping with MasterCard

A U.K. supermarket chain is testing a mobile app with MasterCard that enables shoppers to scan and pay for items without the need to visit a checkout counter, according to multiple media reports. Co-op is testing the mobile app at...

MasterCard launches Masterpass QR Facebook bot for Nigerian merchants

MasterCard will use Facebook Messenger to provide technology to small businesses in Africa and Asia in an attempt to drive affordable acceptance of electronic and mobile payments, according to a press release. The company made the announcement at the annual...

MasterCard partners with Russian MNO for mobile virtual payment cards

A partnership between MasterCard and Russia's MegaFon will enable the subscribers of the mobile network operator to link their mobile phone account to Apple Pay or Samsung Pay by creating a virtual MasterCard card and tokenizing it via the Mastercard...

MasterCard strengthens ties to mobile network operators

MasterCard strengthens ties to mobile network operators

The Purchase, New York-based card network has already helped MNOs such as Vodafone Ukraine, Digicel Group in the Caribbean, Viettel Telecom in Vietnam and Taiwan's Chunghwa Telecom to roll out various services related to digital payments.

Industry players unite to drive mobile payments in Singapore

Seven mobile wallets, acquirers and payment networks, including Diners Club, EZi Wallet, EZ-Link, Liquid Pay, MasterCard, UnionPay International and Wirecard, have formed a consortium to enable interoperable QR payments in Singapore for consumers and merchants, according to a press release....

PayPal sets the pace for the payments industry in 2018

PayPal sets the pace for the payments industry in 2018

For a company once known as a threat to the card networks and banks, PayPal is now an ally as it pushes forward with digital payments.

Venmo, Zelle among trending topics in 2017

Venmo, Zelle among trending topics in 2017

Mobile Payments Today takes a look at the top blog posts in 2017.

Chicago Transit Authority eliminates prepaid debit account from transit cards

The Chicago Transit Authority is eliminating the prepaid debit account function on its Ventra transit cards and will instead transition riders to a closed-loop card, according to a press release. The CTA said it will ditch the prepaid debit account,...

New Jersey FI works with MasterCard on Cash Pick-Up service

Cross River Bank, a New Jersey-based financial institution, has launched MasterCard Cash Pick-Up. Cash Pick-Up enables banks and their disburser partners to deliver ATM cash to any vetted consumer — banked or unbanked — without the use of a card....

MasterCard helps Nairobi merchants with SMS-based micro-loans

MasterCard has unveiled a new platform called Kionect, a digital ordering system that enables small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS, according to a press release. Orders submitted via a feature phone...

Reserve Bank of Australia concerned about rising merchant costs for contactless payments

The Reserve Bank of Australia is concerned about merchants' rising costs to accept contactless payments as more consumers in the country choose to pay with smartphones, according to local media reports. And the RBA is threatening more bank regulation if...

Showing (1 - 20) of 119

Get the latest news & insights


News

Resources

Trending

Features

5 tidbits from the 2018 Bank Customer Experience Summit