The company isn't planning on any initiatives anytime soon, however, the company president does believe that they are becoming less skeptic about NFC.
Both companies plan to work on a full range of authentication technologies for phones, including fingerprint and iris scanners, voice and facial recognition.
According to reports, Apple is interviewing senior executives in the payments industry to help create an electronic payments business.
Canada’s fleet card market continues to grow, as Shell Canada and Electronic Funds Source this week launched the Shell Fleet Navigator commercial card. The MasterCard-branded card joins a growing list of fleet card products available throughout Canada, including from competing oil companies and payments networks.
Both companies plan on launching the new card later this year.
The Orbitz Rewards Visa card will not charge an annual fee and offer an additional 5 percent in rewards on travel purchases, along with other features.
Health plan participants will be able to pay their monthly premium bills featuring a customer-specific barcode at the register.
Google wants to make a smartphone less attractive to theives.
The company will increase the amount of eligible products for subscriptions and add additional discounts.