Mobile ticketing provider Masabi raises $12M in funding round

This latest round, including corporate partners for the first time, marks a step change in Masabi's growth and speed to market.

Swatch, Visa team on contactless wristwatch

Swatch Bellamy is named after American writer Edward Bellamy, who in 1888 wrote a book about a future where 'bank cards' replaced cash.

Cardtek partners with MasterCard processor for HCE mobile payments

The collaboration will enable MasterCard Payment Transaction Services to provide managed services to its banking customers for NFC payments on smartphones.

Visa Inc. to acquire Visa Europe

The companies say the deal will position them to pursue $3.3 trillion in European payments currently transacted with cash.

Card-accepting merchant outlets to double by 2020

An RBR report sizes up the current state and future outlook for card acceptance worldwide — and questions whether Visa and MasterCard can keep pace with China's UnionPay.

Visa brings tokenization to Visa Checkout

The move comes a week after MasterCard tokenized its online check out service, MasterPass.

Capital One adds NFC mobile payments to Android app

The bank said it used Mastercard's Digital Enablement Service to add the feature.

Survey participants wanted for 2016 Mobile Payments State of the Industry Report

Mobile Payments Today has released its latest survey for the upcoming 2016 Mobile Payments State of the Industry Report.

Samsung Pay coming to Europe

A partnership with MasterCard will make it possible for European card issuers to add their products to the service.

Study: Digital, mobile payments gain ground with US consumers

In a survey of 1,000 shoppers and payment processes in the past year, 93 percent used cash, 68 percent used debit cards and checks, 67 percent used credit cards and 62 percent used PayPal for payments.

MasterCard announces tokenization support for private-label cards

BJ's Wholesale Club, Kohl's and JCPenney will be among the first retailers to bring mobile payments to their private label cardholders later this year.

MeaWallet to bring mobile open-loop prepaid cards to European banks

A partnership between MeaWallet and The Bancorp will provide existing and new Bancorp customers the ability to add branded mobile wallets and cloud-based digital mobile prepaid cards to their portfolio of card products.

Issuers believe shift to chip cards will be almost complete by 2017

Eight financial institutions, representing approximately 50 percent of the total U.S. payment card volume, estimate that 63 percent of their credit and debit cards will contain EMV chips by the end of this year, expanding to 98 percent by the end of 2017.

'A minimal portion of the actual damages incurred'

Through their court-appointed lead counsel, FIs are lambasting the proposed $19 million settlement agreed upon by MasterCard and Target.

Discover gives cardholders new fraud prevention tool

Freeze It that acts like an on/off switch to stop new purchases from being made with a cardholder's account.

More banks to offer cloud-based mobile payments with Visa

BBVA and Cuscal have already launched, while Banco do Brasil, PNC and US Bank intend to launch supported apps in the near future.

Visa to eliminate 16-digit account number for remote purchases

The move expands the company's Visa Token Service, which is intended to protect sensitive card information.

Mobile Payments Today publishes wallet comparison guide

The 61-page document details the capabilities of 151 leading mobile wallets.

Contactless payments, US EMV migration power sharp increase in smart card growth

The US accounted for 185 million smart cards shipped in 2014, compared with just 30 million in 2013, the Smart Payment Association says.

More retailers to accept MasterPass

Blue Nile, Neiman Marcus, Office Depot and Rue La La among the latest merchants who plan to offer MasterCard's digital wallet service at checkout.

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