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...
There are three things that consumers, merchants, issuers and card networks all want from a payments experience: that it be secure, that it be easy to use and that it be available to consumers at all of the places they want to shop. The payments...
Throughout the 2014 baseball season, MasterCard has been surprising fans with Priceless Surprises. After Apple Pay's recent launch, MasterCard, together with Major League Baseball Advanced Media, surprised MLB fans by enabling the new payment technology at both the Kansas City Royals and San Francisco Giants...
