MasterCard Introduces MasterPass Digital Wallet, Partnership With mFoundry

MasterCard introduced MasterPass today at Mobile World Congress, calling it the “future of digital payments”. The service lets people use any payment card or enabled device to “discover enhanced shopping experiences”. MasterPass includes checkout services for merchants, and connected wallets…

Barnes & Noble Partners With Mastercard For Nook Promotion

Are you one of the millions of Americans who use a Mastercard credit card? Have you always wanted a Nook HD or Nook HD+? If you answered yes to both of these questions, you may want to take advantage of…

MasterCard and Deutsche Telekom Partner for Mobile Payments

MasterCard and Deutsche Telekom announced today that they have entered into a partnership to bring mobile phone payments to more Europeans over the next year. Deutsche Telekom has around 93 million mobile customers that could soon be using their phones…

Hacker Releases Visa and Mastercard Information Stolen From Chase Bank

According to a hacker who calls himself Reckz, or Jeremy, he has gained access to Visa and Mastercard files through several large banks. He then released the information minus several critical aspects including card number, security code, and expiration date.…

Angry Birds Credit Cards Coming Soon…..To Russia

What is left for Rovio to do after having their Angry Birds games downloaded over 1 billion times? Get into a partnership with a Russian bank to have an Angry Birds credit card of course. According to the Moscow News,…

MasterCard Announces PayPass Wallet Services

A recent survey conducted by MasterCard has shown that consumers demand more efficient and secure checkouts when making purchases. Now MasterCard’s payment platform will better integrate transactions spanning online, mobile and in-store shopping, with the introduction of PayPass Wallet Services.…

Credit Card Processor Hack Update: 1.5 Million Cards Compromised

Last week it was reported that a major U.S. credit card processor’a security had been breached and that millions of credit card numbers and data were stolen. The specific processor that was the victim of the security breach and the…

MasterCard and VISA Warning Banks of Massive Processor Breach

Krebs on Security, a security news and investigation site, is reporting that both VISA and MasterCard are warning banks of a security breach at a U.S. credit card processor. The breach is said to be ‘massive’ with as many as…

NFC Coming To iPhone 5? MasterCard Thinks So

Ed McLaughlin, head of emerging payments at MasterCard, has given some weight to rumors that Apple’s next iPhone will finally include near field communication technology. In a recent interview with Fast Company, McLaughlin said that he expected the use of…

iPhone 5 To Support NFC?

I know what you’re thinking, the iPhone 5 isn’t even here yet and it’s already in favor of the National Football Conference. Well, you’re wrong. . .kind of. NFC or Near-Field Communications is a technology that relays information in an…