Articles about mastercard

Mastercard goes TITSUP in US, UK: There are some things money can't buy – like uptime

Updated Register readers, and quite a few other people, have been left with dead credit cards after Mastercard's payment system took a dive on Thursday. "Mastercard went down this evening," one Reg reader, based in Britain, told us privately. "Couldn’t pay for petrol. It’s a disgrace you can’t trust cards to pay when you need them to …
Iain Thomson, 12 Jul 2018

Mastercard blockchain: Millions. Opening up the API: Priceless

Mastercard is opening up its blockchain API to select partner banks and merchants. For those approved for sign-up, Mastercard boasts that its tech will improve "cross-border, B2B payment flows". There are tons of blockchains out there, and Mastercard isn't the first enterprise actor to work on a B2B distributed payment system …
Andrew Silver, 20 Oct 2017

Mastercard launches card that replaces PIN with fingerprint sensor

Mastercard has unveiled its new biometric card which adds a fingerprint sensor to the chip as a replacement security measure to the four-digit PIN. When the biometric card is placed into a retailer's EMV terminal, the owner will be able to place their finger on the embedded sensor. Their fingerprint will then be verified …

Mastercard rolls out pay-by-selfie across Europe

Analysis MasterCard’s "selfie pay" will be coming to Europe next year after trials in the US, Canada and the Netherlands. The financial services firm  is rolling out biometric technologies that will allow European consumers to authenticate their identity without a password, but with a selfie, in order to provide customers with a more …
John Leyden, 5 Oct 2016

Pepper robot acts like real teenager, gets job at Pizza Hut

SoftBank Robotic's "Pepper" humanoid robot will soon be put to work selling pizzas in Asia. The robotics division of the Japanese business giant has struck a deal with MasterCard and Pizza Hut to place Pepper units in select pizza parlors in the region. The Pepper bots will be used in the pilot program to both greet customers …
Shaun Nichols, 24 May 2016

Mastercard facial recog-ware will unlock your money using SELFIES

Mastercard will begin using selfies as a means to verify payments, it is being said. The "innovation" will allow some 500 pilot users to take a photo instead of punching in PINs, a move MasterCard chief product security officer Ajay Bhalla says will be popular with youth. Bhalla told CNN Mastercard partnered with all phone …
Darren Pauli, 3 Jul 2015

Target settles with MasterCard for US$19 million

US retailer Target's ongoing attempts to mop up after its colossal data breach have taken another step forward, after it settled with MasterCard. The deal will see the retailer toss US$19m into a pot that MasterCard will use to make “alternative recovery offers … to eligible MasterCard issuers worldwide that issued MasterCard- …
Simon Sharwood, 16 Apr 2015

Visa's tokenisation scheme to debut in Australia

Australian and European shoppers will be able to use a throwaway Visa card token to shop online in a bid to reduce fraud. The scheme is being rolled out across Australia and Europe to Visa-allied banks and merchants. Shoppers will be issued tokens that will be matched to their cards. Validated transactions will map tokens to …
Darren Pauli, 25 Feb 2015
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'Watson AI, cloud, mobile', says payments firm, trousering £49m

Mobile payments company Monitise has raised £49m via partners Telefonica, Santander and MasterCard to invest in global payments tech. The company said it will use IBM's cognitive computing engine, Watson, to support its "cloud-based mobile commerce" applications, which it intends to flog to businesses across the world. …
Kat Hall, 27 Nov 2014

Mastercard and Visa to ERADICATE password authentication

Mastercard and Visa are removing the need for users to enter their passwords for identity confirmation as part of a revamp of the existing (oft-criticised) 3-D Secure scheme. The arrival of 3D Secure 2.0 next year will see the credit card giants moving away from the existing system of secondary static passwords to authorise …
John Leyden, 14 Nov 2014
Biometric MasterCard

MasterCard adds fingerprint scanner to credit cards for spending sans the PIN

MasterCard and Norwegian biometrics firm Zwipe have announced the first fingerprint-activated credit card that the companies hope will replace signatures and PINs. "Our belief is that we should be able to identify ourselves without having to use passwords or PIN numbers," said Ajay Bhalla, president of enterprise security …
Iain Thomson, 18 Oct 2014
australian credit cards fraud contactless

Kid crims don't need to skim: Paywave cards lead fraud rise

Victoria Police's top brass have criticised Australian banks for a rise in contactless credit card fraud arising from stolen tap and go cards. Chief commissioner Ken Lay told reporters theft of the cards - which did not require proof of ownership for purchases under $100 - had contributed to a 48 percent rise in deception …
Darren Pauli, 29 May 2014

Mastercard, Syniverse target holiday payment security with mobile verification system

It’s ironic that when people are abroad so many people switch off their mobile phones' data and so many banks switch off customers' credit cards. But a deal between Syniverse and Mastercard aims to keep both switched on. You’ll have heard of Mastercard but are less likely to know about Syniverse unless you work in the mobile …
Simon Rockman, 12 Mar 2014
Google Wallet Card

Wireless pay-by-bonk? Yawn... Google Wallet now lets you pay by CARD

Americans with Google Wallet accounts will soon be able to use the mobile payment service in a lot more places, thanks to the new Google Wallet Card. "The Google Wallet Card is a debit card that lets you quickly access your Wallet Balance, whether you've received it from a friend or added it directly from a linked bank account …
Neil McAllister, 20 Nov 2013
The Register breaking news

Credit card donations to WikiLeaks restored as Mastercard breaks ranks

Mastercard has broken ranks with other payment providers such as PayPal and Visa and begun allowing payments to WikiLeaks. Visa, MasterCard, PayPal, the Bank of America and Western Union all suspended payment processing for WikiLeaks days after the site began publishing leaked US diplomatic cables in November 2010. The …
John Leyden, 5 Jul 2013
The Register breaking news

Court orders Visa partner to allow donations to WikiLeaks

WikiLeaks may soon be able to accept donations again, now that the Icelandic Supreme Court has ruled that the blockade on donations imposed by local Visa partner Valitor is illegal and has ordered the company to pay huge fines if it doesn't change its ways. In its ruling, the court upheld an earlier court decision that cutting …
Iain Thomson, 24 Apr 2013
The Register breaking news

MasterCard stings PayPal with payment fee hike

PayPal, Google Wallet and other online payment systems face higher transaction fees from MasterCard in retaliation for their refusal to share data on what people are spending. Visa is likely to follow suit. The amount that PayPal has to pay MasterCard for every transaction will go up as the latter introduces new charges for …
Bill Ray, 22 Mar 2013
PayPal inStore app in action

MasterCard tries to zap PayPal with own-brand mobe wallet

Walk into any of Apple’s 400 shops, pick up an accessory, boxed software or any one of the other items the Mac maker’s stylish emporia have out on shelves, and, if you have an Apple ID and an iPhone, you can buy the products you want without having to interact with one of the firm’s happy-clappy minions. The system works with …
Tony Smith, 27 Feb 2013

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