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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...

11 days ago 0 Comments
May 19, 2015 at 6:35PM
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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...

6 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...

7 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 ...

8 months ago 0 Comments
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Lower Manhattan, Pearl Street, the Financial District. A Starbucks with broad windows, great for people watching. Sipping my $5 flavored coffee, I watched a homeless man sit on the sidewalk. I liked him immediately: his sharp gaze and thoughtful expression. When I left, I squatted down next to hi...

2 years ago 0 Comments