Across East Africa, millions are trapped in a cash economy, lacking financial services to help them fight risk, invest in their future and ultimately build better lives. There is an urgent need for the creation of commercially viable products and services for the unbanked and...
Sarah Quinlan, SVP and Group Head of Market Insights for MasterCard Advisors looked into her Black Friday crystal ball and shared all that she saw with MPD CEO Karen Webster. Quinlan has some interesting predictions for who’s going to thrive and why the role of...
Nearly half of consumers said they would “definitely” or “probably not” shop over the holidays at retailers that experiences data breaches, according to a recent survey. Consumers still need reassurance from the retail world that these breaches won’t happen, says Ajay Bhalla, President, Enterprise Safety...
MasterCard sees mobile payment security as crucial, but it’s power is relevant only to the point that shoppers are actually using it. And with Apple Pay, that is starting to happening meaningfully. In a talk with analysts on Wednesday (Nov. 19), Ed McLaughlin, the chief...
What’s the next step a company should take in the evolution of corporate travel? According to Richard Crum, Group Head, Global T&E Products & Solutions, MasterCard, it’s to implement individual virtual card accounts. That very step, he says, will boost travel expense management, allow for...
Omnichannel isn’t just a retail phenomenon. Issuers have a big a challenge – and opportunity – in adapting their customer acquisition and servicing plans to a new cross channel customer, says SVP of Global Customized Marketing, Margot Vaughan. Vaughan sat down with MPD CEO Karen...
Verifone is testing a program with MasterCard to feed payment-card-linked offers to a captive audience of taxi passengers in Las Vegas, Chain Store Age reported. The pilot program, which runs through Nov. 6 in Las Vegas cabs equipped with Verifone payment terminals, displays targeted offers...
MasterCard and Canadian wearables startup Bionym are preparing to test a heartbeat-monitoring wristband as a payments authentication device, Canada’s Business News Network reported on Monday (Nov. 3). The Bionym Nymi Band, which is expected to ship later this year, uses an NFC chip as a...
MasterCard CEO Ajay Banga used Thursday’s (Oct. 30) earnings announcement to make a case that the brand’s own MasterPass starts where partner Apple Pay stops, with loyalty and other promotional capabilities. MasterCard has a strong commitment to Apple Pay, as evidenced by its recent launch of MasterCard Nearby that allows...
