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MasterCard announced on Thursday that it's looking to add a layer of biometric security to its credit cards and all user will need to do is simply take a selfie. The system will create a digitized map of your face, convert that map into a hash and compare it to the hash stored on Mastercard's serv...

23 hours ago 0 Comments
July 2, 2015 at 7:36PM
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Apple's take on mobile payments has been available in the US for the better part of a year, but here in the UK, we've been left with the faint hope that it'll one day arrive. Rumors suggested it could be announced at WWDC 2015, and it turns out they were correct: Apple Pay will come to this side o...

25 days ago 0 Comments
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Let's face it: checks aren't convenient. If you're using them to pay for something, there's all the extra writing and mailing. If you're receiving them, there's a whole process for getting them into your account. Well, MasterCard says it solved the convenience issue with Send: a new system that al...

1 month ago 0 Comments
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Apple can add another name to the list of banks supporting its new Apple Pay service. Commerce Bank is now offering support for the service with one major caveat. Commerce customers can only use Apple Pay with a personal MasterCard credit card. Sorry Visa users... give it some time. If you hav...

7 months ago 0 Comments
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For awhile now, there's been a number of companies trying to simplify payments for everyone. Google did so with Wallet and, most recently, Apple announced it would be doing something similar with the soon-to-be-launched Apple Pay, among others. Not surprisingly, MasterCard's, synonymous with payin...

8 months ago 0 Comments
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Have you stopped to consider what impact Apple Pay will have on the credit card industry? Don't worry, we hadn't either, but Bank Innovation believe that the service might just send mobile payments mainstream. Currently, tapping your phone on a reader incurs a transaction fee of 2.75 percent, far ...

9 months ago 0 Comments