Innovation

Innovation generally refers to changing processes or creating more effective processes, products and ideas. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services.

(source: business.gov.au)

Company Profile
The MasterPass Master Plan
July 24, 2014

Question. What’s the biggest misperception about MasterCard’s MasterPass mobile commerce platform? Answer. That it’s just a digital wallet. MPD CEO Karen Webster caught up with Vib Prasad, Group Head of MasterPass to chat about the platform strategy that underpins MasterPass, how it plans to keep...

Company Profile
MasterCard Gets Ready To Support EMV Debit
July 24, 2014

MasterCard’s latest Card Personalization Validation module in the Collis EMV Personalization Validation Tool qualified by MasterCard, including the U.S. Common Debit AID, according to a UL release. The tool will be used to support EMV card issuers in the U.S., and specifically “checks if MasterCard...

Company Profile
MasterCard Partners With SHAZAM To Introduce EMV Debit
July 23, 2014

The SHAZAM Network announced yesterday that has teamed up with MasterCard to offer an EMV debit solution to its participants, according to a SHAZAM release. The Network expects the chip card adoption to decrease fraud and increase transaction security, and the agreement provides all Network...

Company Profile
MasterCard’s Digital Checkout Service Comes To Apps
July 16, 2014

Jumping into the lucrative world of in-app purchasing – where free games can make as much as $1 million per day – MasterCard will enable in-app payments for its MasterPass digital payment system beginning in early August, the company announced in recent blog post. Get the...

Company Profile
Guess Who’s Entering The Mobile Authentication Business?
July 10, 2014

Who better than a mobile operator to actually deploy mobile authentication solutions for commerce? Well, that’s at least the opinion of AT&T who soon plans to test a service for international travelers so that they can avoid declined card transactions. How will their solution compete...

Company Profile
U.K. Businesses Whiff On Mobile Market
July 10, 2014

U.K. citizens want more mobile banking, but British businesses have been slow to adapt to eCommerce, according to MasterCard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Company Profile
MasterCard’s Global Shopping Cart Patent
July 01, 2014

For all of you bitcoin fanatics who also love MasterCard, some good news arrived this week. MasterCard filed a patent earlier this week that would potentially incorporate bitcoin into its design for a planned global online shopping cart. Get the Full Story Complete the form...

How MasterCard Helps Issuers Capture Affluent Travel Spend
June 30, 2014

MasterCard’s “Priceless” branding is designed to remind consumers that using a MasterCard product delivers benefits that go well beyond the act of making a purchase. Winning in the affluent market, says Diana Robino, Senior VP Global Affluent Products at MasterCard, starts with a focus on...

Company Profile
MasterCard Releases Ukash Prepaid Travel Card in UK
June 18, 2014

MasterCard announced that it has released its Ukash Travel Money Prepaid card designed to give UK tourists the best possible foreign exchange rate this summer, according to a company release. Launched by Ukash, a payments innovator, there are no charges for sign-up, transactions, or ATM...