Nearly 95 percent of payment terminals in Western Europe accept EMV cards. In the U.S., however, just 14 percent of the 11.8 million operating terminals are EMV compatible, putting the nation in last place for EMV adoption and at the greatest risk for fraud. On...
Real-time is the reality of payments and underpins everything from how and when funds are sent and received to how cards are replaced if lost are stolen. In response, Entrust Datacard VP, Ray Wizbowski, says bank branches are now honing in on instant card issuance...
Payment gateway provider and EMV migration specialist Creditcall, which has more than 15 years of EMV experience and one million EMV Kernals deployed worldwide, recently announced its collaboration with NXP Semiconductors N.V., supplier of contact and contactless interfaces.
Corporate T&E card programs lead to better spending controls, stronger compliance and savings for businesses of all sizes. But business travelers and their managers still struggle with filing expense reports, accessing company credit account information and keeping track of receipts. A recent study by TSYS...
First Tech Federal Credit Union announced yesterday that it has entered a new agreement with MasterCard as its payment solution provider, according to a company release. MasterCard will offer “convenience, control and security” for First Tech’s more than 380,000 members, enabling the credit union to...
MasterCard’s Masters of Code Hackathon Series officially kicks off today in Sydney, Australia, focusing first on mobile commerce innovation. Following Sydney, the Series will move to other parts of the world, encompassing themes like security, financial inclusion and commerce innovation. In a recent interview, Mario...
Tim Cook may say that 2015 is the “Year of Apple Pay” but 2015 might be the year in which the split between card-present, NFC, in-store, card-not-present, online and in-app, begin to disappear, Matt Barr, SVP of Emerging Payments for the U.S., MasterCard told MPD...
Over the last decade, the acquiring space has endured significant, fast-paced changes – for one, buyers have become much more informed. And with origination, ease of use, availability, access and security now part of the discussion, players in the space need to take a broader...
A month after U.S. President Obama announced that the U.S. would ease up on restrictions on Cuba trade and travel, MasterCard announced today that it is removing the current block on U.S.-issued card transactions in Cuba, starting on March 1 of this year. The action...
