MasterCard will demonstrate its newest digital innovations including MasterPass, MasterCard Digital Enablement System (MDES) and wearable technology during a press event at the grand opening of its new technology hub in New York City. MasterCard will also showcase its MDES tokenization service enabling Apple Pay. The global payments and technology company houses emerging payments teams
MasterCard and Zwipe have announced their partnership for the launch of the world’s first contactless payment card featuring an integrated fingerprint sensor. The launch of the card comes after a successful live pilot with Norway’s Sparebanken DIN, aligned to the Eika Group, as an answer to the complex challenge of providing a fast, convenient payment solution
The Payments Security Task Force announced a forecast of participating acquirers estimating that at least 47 percent of U.S. merchant terminals will be enabled for EMV chip technology by the end of 2015. The estimates are based on forecasts provided by acquirers representing approximately 80 percent of U.S purchase volume. Organizations participating in the forecast
Crystal Clear Payments, a leader in payment products for community financial institutions nationwide, announced a new strategic alliance with Elan Financial Services, a leader in EFT processing, to provide ATM and card processing for Crystal Clear Payments’ community financial institution customers. Crystal Clear Payments is leveraging Elan’s size and long-standing investment in ATM processing technology,
Equity Bank and American Express have announced the launch of the first American Express Cards in Kenya. Equity Bank now offers Kenyan consumers the Equity Bank American Express Green Card and the Equity Bank American Express Gold – both of which carry rich rewards and benefits. The launch builds upon Equity Bank’s reputation for offering
Cardtronics, Inc., the world’s largest retail ATM owner/operator, is now going beyond connecting consumers with their cash at convenient retail locations. With the launch of the ALLTM Network, Cardtronics introduces cash + digital rewards, with money-saving deals and discounts available immediately at stores hosting an ALLTM. How does ALLTM work? Get Cash: Consumers can use
Market research company Euromonitor International released new global data on the consumer finance industry. According to the data, 25.1 billion financial cards are currently in circulation globally with USD$56.7 billion dollars in transactions occurring in 2014. The US accounts for 3.4 billion cards and USD$10.1 billion in transactions. Emerging markets such as China and Brazil
Worldline, the European leader in the payments and transactional services industry, has entered into a partnership agreement with Alpha Card Merchant Services, allowing Worldline to acquire merchants onto the American Express network in Belgium. Alpha Card Merchant Services is a subsidiary of Alpha Card, a joint venture company between American Express and BNP Paribas Fortis
A total of 205 billion card payments were made worldwide in 2013, a rise of 13% on 2012, according to “Global Payment Cards Data and Forecasts 2013-2019”, a new report from specialist research and consulting firm RBR. This growth was slightly higher than the 11% increase in card numbers to 10.8 billion, which reflects an
Luxury travel is about to get a little more Priceless – that is, if you carry a MasterCard. Beginning Jan. 1, 2015, MasterCard will expand its Luxury Hotels & Resorts Portfolio to include more than 1,000 properties for World and World Elite MasterCard cardholders to choose from, making it the largest and most diverse collection
