The MasterCard MasterPass has already launched in over 20 countries.
Target has announced two major initiatives this morning, both with the potential to change the retailer’s immediate future significantly. Bob DeRodes will join the company as executive vice president and chief information officer (CIO). Target also released its plans to incorporate MasterCard’s Chip-and-PIN technology across...
A patent originally filed in October 2010 was assigned to MasterCard International, Purchase, NY, according to Insurance News Net. The patent was developed by a team of five members, and offers “methods for risk management” in mobile devices like smart phones that can be used...
Frustrated with Japan's centralized, primarily in-house card-issuing market, TSYS has decided to leave the country and focus its efforts on other business opportunities. In recent short order, the processor has landed a number of major deals, including with the UK's Virgin Money and a partnership...
In this exclusive series, MasterCard’s Chief Emerging Payments Officer Ed McLaughlin has spoken with MPD CEO Karen Webster about the general state of mobile commerce, its game changers, and the technology behind mobile security. In the final part of the digital discussion, McLaughlin reveals exciting...
A new Corporation for Enterprise Development (CFED) study, supported by MasterCard Center for Inclusive Growth, indicates that more than half of US microbusinesses, “the backbone of our national economy,” are at risk due little savings and issues with cash flow, according to a CFED release.
Discover Financial Services on April 22 reported first quarter net revenue of $2.08 billion, up 4.5 percent from $1.99 billion during the same period last year. Net income was $631 million, down 6.2 percent from $673 million. The company’s stock price closed at $56.67, down slightly...
Total System Services Inc. on April 22 reported first quarter revenue of $592.8 million, up 32.1 percent from $448.8 million during the same period ended March 31 last year. Net income was down 12.7 percent to $51.6 million. The company’s stock price closed at $29.20,...
Pinpoint, a Sydney-based provider of loyalty and rewards services for banks and merchants in the Asia Pacific region, has struck an acquisition deal with MasterCard for an undisclosed sum. “Not only does Pinpoint offer a competitive edge in Australia, its growing presence across Asia Pacific also...
