Mastercard

The incumbents, such as Visa, Mastercard and First Data, are prepared to compete in all segments of the market, writes Subhajit Das, a visiting research fellow at the Christensen Institute from Tata Consultancy Services.

The ruling could limit the U.K. as a venue consumer class-action suits.

Some merchants, issuers and processors are concerned that the card brands will tout their "ownership" of payment card prefixes as a basis for requesting that mobile transactions on their cards be routed to their networks and screened through tokenization services they provide.

Curve argues that as the number of cards in its app increases, the chances of choosing a wrong card for a payment become greater.

The card network is additionally providing new and experimental application programming interfaces with its latest release.

Decision Intelligence uses artificial intelligence iin an attempt to increase the accuracy of real-time approvals of safe transactions and reduce false declines.

Mastercard is extending the amount of time it allocates to global employees for bereavement to 20 days, following Facebook’s adoption of a similar policy.

Consumer frustration with passwords is nearing a peak, with average users currently registered via password to more than 90 online accounts, and one in four consumers forgetting at least one password daily, according to a new study from Mastercard.

Many companies in the payments industry see B-to-B transactions as ripe for modernization, and Mastercard is no exception. Its recent participation in a $300 million funding round in AvidXchange enables a new approach to this market.

The Trump administration is stepping away from the government’s 7-year legal fight with Amex that centers on retailers’ right to encourage the use of particular cards. The decision is good news for issuers of credit and debit cards, though it is hardly the last word on the case.

The Trump administration is stepping away from the government’s 7-year legal fight with Amex that centers on retailers’ right to encourage the use of particular cards. The decision is good news for issuers of credit and debit cards, though it is hardly the last word on the case.

A group of U.K. merchants has joined a lawsuit against Visa and Mastercard seeking damages over interchange fees the card networks levied on credit and debit transactions.

Biometric scans provide security and convenience, but still carry risk that requires additional technology, writes ValuePenguin analyst Robert Harrow.

The U.S. shift to EMV technology has dramatically reduced levels of counterfeit card fraud, but merchants and the card networks are divided on whether it caused the expected shift of fraud to digital channels.

Consumers with a Mastercard, Visa or Union Pay card will use the mobile Standardized QR Code app to scan merchant-presented QR codes.

The card network and the aid organization have also worked together in China and Myanmar.

Mastercard is trying very hard to get people to use "Masterpass" as a verb, and there is more to this mindset than promoting the card network's digital wallet.

The widespread use of fingerprint authentication in mobile devices has made many consumers comfortable with the technology. So is Mastercard's test of a biometric payment card a case of plastic catching up to a modern tech trend, or is it instead dragging biometrics back in time?

The deal with PayRange could expand consumer adoption of a mobile payments app for vending machines that uses a Bluetooth-enabled dongle that connects to a consumer's mobile app.

Subway, Fresh Direct and The Cheesecake Factory are among the first to use Masterpass-enabled bots on Facebook Messenger to sell their wares over social media.