05 Nov 18 @ 12:48

Having recently complied with new rules laid out by the Indian government surrounding personal and transaction data – a directive that sparked aggressive lobbying effort from US companies who said... read more

11 Oct 18 @ 13:54

Mastercard, WorldPay and AmEx were among the payment processors who took part in a ‘cyber war game’, in a bid to test their systems amid rising IT security threats. The... read more

24 Sep 18 @ 12:48

Visa and Mastercard will have to continue rolling with the punches as it becomes clear that even the record $6.2 billion settlement made last week won’t be enough to end... read more

19 Sep 18 @ 09:56

Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge... read more

31 Jul 18 @ 13:41

Mastercard recently won a patent to protect a method that would manage “fractional reserves of blockchain currency”, meaning consumers might one day be able to charge their purchases on their credit... read more

13 Jul 18 @ 10:41

In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more

02 Jul 18 @ 15:40

The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged when merchants accept card payments, according to people familiar with... read more

07 Jun 18 @ 10:10

Mastercard says it will launch Mastercard Send in the UK. Mastercard Send is a payment service that allows financial institutions, FinTechs, digital customers and other businesses to send real-time payments... read more

05 Jun 18 @ 18:53

Mastercard says it has developed a new suite of services to underpin Open Banking transformations taking place in the industry as partners ready themselves to take advantage of Europe’s PSD2... read more

02 May 18 @ 15:51

Mastercard and Santander have announced that they will work together to issue debit cards to all the Bank’s retail current account customers on Mastercard’s network. Customers will begin to receive... read more

06 Mar 18 @ 18:40

Co-op has unveiled a trial for the future of its shops where customers can check-out their own purchases on their mobile phone using pay in aisle technology, without visiting a... read more

07 Feb 18 @ 17:55

Following on from Visa CEO’s statement on cryptocurrencies in January , it turns out that Visa  and Mastercard have reclassified the way Bitcoin and other cryptocurrency purchases are processed on... read more

17 Jan 18 @ 11:15

Bank of America has applied for or received at least 43 patents for blockchain, the ledger technology used for verifying and recording transactions that’s at the heart of virtual currencies.... read more

01 Dec 17 @ 15:41

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The... read more

10 Nov 17 @ 11:33

According to a new study, Global Payment Cards Data and Forecasts to 2022, card issuers in Europe are continuing to change the scheme of the cards they issue – particularly... read more

30 Oct 17 @ 12:15

Mastercard says that it will open up access to its in house blockchain technology platform via an application programming interface (API) which will be made available to developers at banks... read more

02 Oct 17 @ 10:46

It can now take as little as 9 minutes for stolen card and account data to be used via the dark web. With this in mind, Mastercard has announced the... read more

29 Sep 17 @ 16:27

Mastercard has unveiled the next generation biometric card, combining chip technology with fingerprints to verify the cardholder’s identity for in-store purchases. South Africa was the first market to test the... read more

31 Aug 17 @ 13:48

Mastercard unveiled a pilot project in Poland, turning smartphones into payment terminals for accepting contactless payments. The solution is aimed at small and micro merchants that have traditionally taken cash payments,... read more

24 Jul 17 @ 11:35

The global payment cards market has grown to 14 billion cards, with UnionPay consolidating its position as the largest scheme – A billion new cards issued in just one year.... read more