MasterCard announces acquisition, partnership and plans for 2014 at this year's Mobile World Congress in Barcelona.
Private litigation in New York pitting a group of merchants against Visa, MasterCard and a number of large banks could stifle innovation in the mobile space. (From a panel at the ATM & Mobile Executive Summit.)
George Wallner, payments pioneer and founder of Hypercom, describes the promise of the "new card" in an interactive environment. (From the ATM & Mobile Executive Summit.)
Today's younger generation is being trained to be tomorrow's mobile payment users, says George Wallner, CTO of Loop. "If they can't do something on their phone, they're irritated." (From a keynote at the ATM & Mobile Executive Summit.)
George Wallner says people were wowed when he whipped out his phone instead of a card, but are "cool" and "convenient" enough to establish a new mode of payment? "The real value is an entirely new environment is being created," George concludes. (At the ATM & Mobile Executive Summit.)
George Wallner describes the simple one-step PIN solution already developed by the mobile industry. (From the ATM & Mobile Executive Summit.)
An American abroad describes her EMV (mis)adventures.
"Attacking a phone — especially if it has a piece of hardware to securely store the card data — is not a very rewarding process for a hacker." (George Wallner at the ATM & Mobile Executive Summit.)
U.S. government agencies must synthesize their payment regulations, says MasterCard. A panel of several agency representatives tries to defend the complex U.S. regulatory system. "Payment innovations can die from a thousand cuts," admits Jeff Marquardt, deputy director of the Federal...
EMV deployment is a flawed approach and a fatal distraction to both issuers and consumers.
The growth of alternative payments gives merchants new options, which should lower fees over time.
NFC was top of mind for readers, but what else struck their fancy? Here's a look at the most-read stories from last year.
Peter Shortall of MasterCard Advisors makes an unusual prediction on the fate of plastic and how it will play into the convergence of mobile phones and ATMs. (From the ATM & Mobile Executive Summit.)
Dave Willis of Navy Federal Credit Union defends his position on the card/mobile/cash consumer debate. "It's not just the Millennials," he adds, referring to the demographic increase in mobile usage. "It's all of us." (From a panel at the ATM & Mobile Executive Summit.)
Mobey Forum: As mPOS technology disrupts the Four Party Model, FIs must get in the game now.
Rogers Communications, first Canadian MNO to gain banking license, looks to disrupt an entire industry.
Changing U.S. landscape has companies on the march.
Recent Chase, AMX announcements suggest digital wallet provider expects issuers and cardholders to drive U.S. adoption.
Savvy flyers are using smartphones to manage accounts, company president says.
Legacy card brands may become obscured as mobile wallet providers build their own brands, according to Mercator report.