Microsoft, Mastercard pledge to work together on digital identity
Mastercard will build identity services on Microsoft’s Azure cloud, as part of a new initiative.
Mastercard will build identity services on Microsoft’s Azure cloud, as part of a new initiative.
The Sydney suburb of St Leonards is the home to the Australian Mastercard Global Tech Hub, which was formally opened today by NSW Treasurer Dominic Perrottet.
The northern Sydney suburb of St Leonards in 2018 will be the home to one of Mastercard’s five Global Tech Hub and Innovation Centres, the company has revealed.
MasterCard is set to introduce a suite of services called Identity Check for consumers, including biometrics and one-time SMS passwords. The services will be made available globally in 2017.
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Merchant Customer Exchange (MCX), a group of large U.S. merchants, said Monday it expects to launch an early version of its CurrentC mobile payment app mid-year in an unnamed, mid-sized market.
Fitness-band maker Jawbone and American Express plan to allow cardholders to buy goods using a future fitness band equipped with NFC, according to a report.
Trust is eroding among mobile device users when it comes to making purchases or app downloads.
MasterCard opened up its API's to entrepreneurs, coders and programmers to fight for the chance at over $100,000 in prizes.
Only about half of the 12 million merchant payment terminals in the U.S. will be converted to accept more secure smart credit and debit cards and NFC-ready smartphones by the end of 2015, according to financial officials working to support the conversion.
An open industry alliance of 150 members that includes many of the world's biggest vendors -- but notably, not Apple -- released specifications Tuesday that promise to secure online communications without using passwords.
U.S. consumers have eschewed in-store mobile payments for years, but Apple Pay is making headway in that area just a month after the service launched Oct. 20.
Several major national and international banks are planning to launch their own mobile payments apps next year.
It's been around only a week, but Apple Pay is already making waves in the mobile payments field. On Monday, major drugstore chain CVS joined rival Rite Aid in disabling the NFC (near-field communication) payment function on in-store terminals.
Recent moves by Rite Aid and CVS to stop taking mobile payments from Apple Pay and other NFC-enabled systems stem from a protracted battle between major U.S. retailers and Visa and MasterCard.