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HSBC computer fault denies customers account access
News Mastercard, owner of Maestro, confirmed the problem with HSBC's system and said it impacted a number of cardholders and retail merchants. A MasterCard statement said: "MasterCard has investigated and can confirm that there were no issues with our... [25 Feb 2008]
St Paul's Cathedral upgrades shopping tech
Case Study The store was preparing to adopt EMV (Europay, Mastercard, Visa) chip and PIN payments in 2006, so this was the perfect time to upgrade from its four aging DOS tills. St Paul's Cathedral is one of the icon's of the London skyline and a prime... [09 May 2007]
Retailers fear contactless payments
News But until the major supermarkets - with their large numbers of convenience stores - accept contactless payments it will be a much more difficult task for MasterCard and Visa to achieve the critical mass they need for this new form of payment to be... [24 Apr 2007]
Online fraud up but card fraud down
News The banking industry is working on the next generation of fraud prevention for card-not-present transactions - such as a handheld chip and PIN device developed by MasterCard and Visa, for use with internet shopping. [15 Mar 2007]
Handheld credit card readers to cut fraud
News Apacs has developed the system, which uses a handheld card reader, from the global standard created by card companies MasterCard and Visa. It is designed for online and telephone transactions which are potentially vulnerable to fraud because they... [15 Feb 2007]
Visa to launch 'wave and pay' cards in UK
News MasterCard and the Royal Bank of Scotland (RBS) have already announced their own plans to trial contactless debit cards for 1,000 of the high-street bank's staff at the retail outlets at RBS' Edinburgh campus HQ. [24 Nov 2006]
Home chip and PIN readers 'make shoppers feel secure'
News MasterCard said the importance of the telephone orders in the overall sales mix will grow if consumers feel more secure. According to MasterCard-commissioned research, one in four (28 per cent) of consumers still worry about fraud when buying over... [15 Nov 2006]
Plastic for the people - cash ditched for cards
News And MasterCard and Visa are turning their attention to contactless payments. A study from MasterCard found half of European consumers believe cash will be almost obsolete within 10 years. The results come six months after high street retailers... [01 Aug 2006]
Turkey rolls out contactless payments
News Garanti Bank in Turkey is using MasterCard's PayPass technology in cards it began distributing yesterday. MasterCard recently dismissed criticism that its RFID-based PayPass may be susceptible to skimming and interference, during retailer trials of... [21 Jul 2006]
Plastic fantastic - the future of credit cards
News But with contactless payment projects from the likes of MasterCard and Visa, and Transport for London - which uses the Oyster smartcard ticketing system - looking to move into contactless payments, could it spell the end for the credit card? [04 Jul 2006]
Visa to trial 'tap and go' debit cards in London
News MasterCard and the Royal Bank of Scotland (RBS) have already announced their own plans to trial contactless debit cards for 1,000 of the high-street bank's staff at the retail outlets at RBS' Edinburgh campus HQ. [26 Jun 2006]
RBS trials contactless RFID-style debit cards
News The Royal Bank of Scotland (RBS) and MasterCard are to trial an RFID-based contactless debit card to replace cash for low-value payments. The MasterCard-led initiative has been trialled elsewhere around the world but the RBS pilot, which is due to... [15 Jun 2006]
MasterCard security breach hits Morgan Stanley
News Morgan Stanley customers in the UK are the latest to have been hit by a major security breach that has resulted in thousands of MasterCard credit card details being stolen by fraudsters.silicon.com yesterday exclusively revealed how at least 2,000... [27 Apr 2006]
Is fraud being beaten by the e-tailers?
News For 2006 merchants are also considering further measures, with 29 per cent of respondents saying the Verified by Visa and MasterCard SecureCode systems - both of which create single-use passwords/PIN numbers for transactions - are top of their... [15 Dec 2005]
Chip and PIN shifts fraud to online shops and banks
News They should also sign up to the Verified by Visa and MasterCard SecureCode schemes, both of which then make it more difficult for a fraudster to use their card details. This is in contrast to all other forms of card fraud which have declined in the... [08 Nov 2005]
