Tag Archives: Mastercard

Powered and Next-Generation Cards – The Only Event of the Year Focusing on Biometric Smart Cards

By | June 21, 2018

The Asia Pacific Smart Card Association (APSCA) is back with the year 2018 edition of the world’s only conference fully dedicated to Powered and Next Generation Cards. This year there will be strong focus on Biometric Smart Cards with presentations and a seminar that will be participated by leading payment networks. The conference, that this year will be… Read More »

PACK-SMART’s CAT 3500 Is the solution to Card Quality Management (CQM) Payment Standard Compliance Issues!

By | June 13, 2018

Toronto – June 13th, 2018 – Card manufacturers and personalization bureaus worldwide have been experiencing challenges to comply to the payment brands quality standards. For instance, Mastercard’s CQM (Card Quality Management) for Dual Interface Cards, requires 100% of the cards, fitted with antenna design, other than Wire Embedding, and mechanically personalized (Embossed and/or Indented), to have Antenna Functionalitytested for every card.… Read More »

Salah Goss to lead Mastercard Labs for Financial Inclusion in Kenya

By | June 11, 2018

Nairobi, Kenya – 11 June 2018 – Mastercard announced today that Salah Goss has been appointed as Head of the Mastercard Labs for Financial Inclusion, based in Nairobi, Kenya. Salah brings extensive experience in financial inclusion specializing in mobile enabled solutions, agent banking and community-managed microfinance. In her new role, Salah will oversee the development of digital solutions that positively… Read More »

NXP, Mastercard and Visa Transform Mobile Payments for Billions of IoT Devices

By | June 7, 2018

AMSTERDAM, The Netherlands, June 07, 2018 (GLOBE NEWSWIRE) — NXP Semiconductors N.V. (NASDAQ:NXPI) in collaboration with Mastercard (NYSE:MA), and Visa today announced the launch of its new mWallet 2GO, a white label wallet service developed on the NXP Secure Service 2GO Platform. With the new service, NXP is first in the industry to offer the full scope of mobile wallet development in… Read More »

National Bank of Kuwait and Mastercard make GCC debut of pioneering biometric solutions

By | May 14, 2018

Identity Check offers an innovative authentication solution for online transactions, while biometric card features an embedded fingerprint sensor to provide an additional layer of security when making payments in-store Answering the market’s growing demand for increased convenience and security associated with biometric technology, National Bank of Kuwait and Mastercardannounced two pioneering biometric solutions designed to improve online and in-store shopping at… Read More »

FIME and Barnes’ joint personalization validation tool achieved latest Mastercard qualification

By | May 9, 2018

The tool greatly accelerates time to market for EMV chip cards and NFC smartphones and wearables. FIME and Barnes International today announce that their jointly-developed personalization validation tool (PVT) is qualified against the latest MastercardPVT Tool Release 2018 Requirements v11.3 March 2018, (“Mastercard Requirements”). FIME believes that the test tool significantly accelerates the certification and launch of secure chip products for… Read More »

Mastercard Names Kristina Kloberdanz Chief Sustainability Officer

By | May 3, 2018

Purchase, N.Y. – May 3, 2018 – Mastercard announced today it has appointed Kristina Kloberdanz as the company’s first Chief Sustainability Officer. In this newly-created role, Kloberdanz is responsible for leading Mastercard’s approach to sustainability as defined by three key pillars: being good stewards of the environment, making positive social impact, and ensuring high standards of corporate governance. She… Read More »

Mastercard Pioneers Remote Biometric Card Enrollment

By | May 1, 2018

MIAMI, FL – May 1, 2018 – Mastercard today unveiled a technology advancement for its biometric cards. With biometrics representing the next generation in securing payments, Mastercard developed a way for people to easily and conveniently register their fingerprint onto the biometric card in the comfort of their home. Mastercard is on a mission to eliminate the use of… Read More »

IDEX’s remote enrolment solution featured by Mastercard

By | May 1, 2018

1 May 2018 – IDEX, a leading developer of advanced fingerprint solutions for mass markets, is pleased to announce that Mastercard has been working with them in the development of a remote self-enrolment solution to enable convenient and secure mass enrolment for biometric cards. “We are very pleased to have partnered with Mastercard to develop the remote enrolment… Read More »

Mastercard Retires Customer Signatures

By | April 5, 2018

PURCHASE, NY – April 5, 2018 – Mastercard announced today that merchants in the U.S. and Canada can forego cardholder signatures for in-store credit and debit purchases, effective on April 13. The goal is to speed customers through checkout lines and give merchants greater control over customer experience. Merchants will decide when to implement the change. “In our digital, fast-paced marketplace,… Read More »

Deploy your digital payment solution securely and easily via Gemalto’s platform connected to Mastercard® and Visa

By | December 12, 2017

Amsterdam, 12 December,  2017 – Gemalto, the world leader in digital security, announces that its Trusted Service Hub (TSH) can now offer a single gateway enabling issuers to connect to the Mastercard and Visa tokenization services, simplifying the way financial institutions can launchmobile payment services. Banks and other issuers are increasingly deploying multiple payment schemes for their mobile payment offering. Gemalto’s cloud-based… Read More »

Malaysia – Mastercard to complete shift from signature to pin by Jan 2018

By | October 7, 2017

KUALA LUMPUR: Mastercard Inc said it will reach a key milestone by January 2018 when all its debit cards feature contactless and a personal identification number (PIN)-enabled function, in a move to provide more convenience to consumers, prevent fraud and improved security. Wider contactless acceptance is expected in Malaysia, with more merchants opening up to the technology, the… Read More »

VTB Bank (Armenia) and MasterCard to issue PayPass cards

By | August 16, 2017

YEREVAN, August 16. /ARKA/. VTB Bank (Armenia) is the first bank in the country to issue MasterCard PayPass contactless payment cards. “The unique technology of PayPass is one of the most modern, fast, affordable and reliable ways of making card payments around the world,” the bank said in a press release.  It said  MasterCard PayPass payment cards have… Read More »

Foreign cards on horizon, may woo Chinese users

By | August 8, 2017

Foreign debit and credit card companies face a long fight with local electronic payment market leader UnionPay as industry supervision is still evolving and customer needs are diverse, experts said.   US card network Visa has applied for a license from China’s central bank to operate in the Chinese market, it said in an email on Friday. MasterCard,… Read More »

Australia – Sydney ferries roll out contactless ticketing

By | July 6, 2017

Paying for a ferry ride is now as easy as tap-and-go, as Mastercard and Transport for NSW bring contactless ticketing payment to Sydney Ferries on the F1 Manly to Circular Quay service. In an Australian first, commuters can use their Mastercard contactless card or mobile wallets that have enabled Mastercard cards to tap on. Supporting domestic and international… Read More »

3 Things to Know About the Mastercard Biometric Card

By | April 20, 2017

Today, Mastercard unveiled the next-generation biometric card. The cardholder dips the card into a retailer’s terminal while placing their finger on the embedded sensor. The fingerprint is verified against the template and – if the biometrics match – the cardholder is successfully authenticated and the transaction can then be approved with the card never leaving the consumer’s hand.… Read More »

Thumbs Up: Mastercard Unveils Next Generation Biometric Card

By | April 20, 2017

JOHANNESBURG AND PURCHASE, N.Y. – April 20, 2017 – Mastercard today unveiled the next generation biometric card, combining chip technology with fingerprints to conveniently and safely cardholder’s identity for in-store purchases. South Africa is the first market to test the evolved technology, with two separate trials recently concluded with Pick n Pay, a leading supermarket retailer, and Absa… Read More »

Consumers Voice Preferences, Wishes in Ways Technology Power Payments

By | March 1, 2017

Fifth Annual Mastercard Digital Payments Study Highlights Social Media Trends Around Digital Wallets, Artificial Intelligence and More SINGAPORE – March 1, 2017 – Digital wallets continued to gain prominence in smartphones and laptops worldwide and dominated the discussion of new ways to pay, with the topic now topping 83 percent of Asia Pacific conversations and 75 percent of… Read More »

Seven Currencies, One Cash Passport

By | February 22, 2017

February 22, 2017 – TORONTO: Mastercard and Canada Post, with collaboration from Payment Source Inc. and Peoples Trust Company, today announced the launch of Cash Passport, the latest payment solution for smart and simple travel. The contactless (tap) card, which allows you to load up to seven currencies at a time, is a convenient and secure alternative to… Read More »