"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.
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.)
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.)
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.
Partnership gives 3 million small businesses access to MasterCard's MasterPass digital wallet.
Burger King's BK Delivers begins accepting MasterCard's MasterPass digital wallet.
Following the departure of its chief, Google Wallet drops plans to introduce a branded card.
MasterCard has opened a new front in the wallet war — a fee upon mobile wallet operators. The new "staged digital wallet operator annual network access fee" (SDWOANAF? A horrible acronym if ever there was one) is a kind of...
New Samsung smartphone adds a number of features that may spur mobile payment adoption.
With MasterPass, MasterCard takes on a supporting role.
Big news with Chase entering in to a 10 year expanded partnership with Visa to create a ‘differentiated experience’ for its merchants and consumers. I would warn anyone thinking “offers and deals” when they hear “differentiated experience," because I believe...