payment mastercard in news

MasterCard scandal: Worst data theft ever?

News The breach occurred at CardSystems Solutions in Tucson, Arizona, a third-party processor of payment data, according to a MasterCard statement. In what could be the largest data security breach to date, MasterCard International on Friday said... [20 Jun 2005]

Credit card signatures: Blink and you'll miss them

News The card will also work with normal Visa and MasterCard payment systems. MasterCard jumped on the RFID bandwagon earlier this year, with its chipped credit cards now accepted in various petrol stations and McDonalds drive-thrus. [20 May 2005]

MasterCard culls 1,400 phishing sites

News It roped in security software vendor NameProtect as a partner and started round the clock internet monitoring to identify online credit-card trading rings, phishing scams and other forms of payment fraud that target MasterCard's financial partners... [19 May 2005]

Has technology finally emptied your wallet?

News Mobile firms Nokia and DoCoMo have both invested in the concept of NFC or RFID payments, as have financial institutions including MasterCard. Murdo Munro, VP of mobile and wireless at MasterCard, said the company is actively trying to eradicate... [17 Mar 2005]

Online fraud still on the rise

News Walter Hansen, VP of global security and risk services at MasterCard, said: "The use of an anti-payment fraud databases is critical to helping the banking industry manage risk. MasterCard today announced the launch of its Match anti-fraud database... [02 Mar 2005]

Philips sees phone and NFC wireless love affair

News But recent deals have seen Nokia back the standard, Samsung license it and Motorola team up with Mastercard for e-wallets based on the standard. The dream is that NFC will more easily allow mobile phones and smart cards to be used as contactless... [22 Oct 2004]

Motorola and Mastercard in "credit card" phone trial

News Later this year, a few hundred US residents will be testing two such product lines made by Motorola that use MasterCard's PayPass wireless payment system, according to Motorola. Motorola and MasterCard are working on mobile phones capable of secure... [13 Oct 2004]

RFID chips with burgers new for McDonalds menu

News The technology will mean that diners desperate for some fast food will be able to wave their MasterCard at a payment point in the drive-thru and have the price of their burger deducted straight from their plastic. [19 Aug 2004]

Many UK retailers won't make smart card deadline

News The deadline for converting UK shops to smart card transactions is 1 January 2005, which would make the UK the first country to move to Chip & PIN systems that meet the EMV (Europay-MasterCard-Visa) standard. [18 May 2004]

£1.1bn anti-fraud card scheme still on track

News The UK is the first country in the world to adopt the EuroPay Mastercard Visa (EMV) card standard, and one in five cardholders are expected to have the new cards by Christmas this year. The Chip and PIN project, which is backed by payment clearing... [26 Jan 2004]

Is the world ready for 'wave and go' credit card payments?

News 'Contactless' technology being trialled by MasterCard promises to make credit card transactions as simple as waving the card in the air and the company appears ready to roll out the service across the US next year. [22 Dec 2003]

MasterCard claims end to card fraud

News Credit card giant MasterCard has unveiled a technology which it claims will help banks, consumers and retailers protect themselves against card-not-present fraud. The SecureCode authentication system adds an extra layer of security which MasterCard... [20 Nov 2003]

Homebase goes nationwide with chip and PIN

News IBM will install 3,000 chip-card compliant terminals at Homebase's 300 outlets in readiness for customers using the new Europay Mastercard Visa (EMV) compliant credit and debit cards, which the banks will start to issue in early 2004. [06 Nov 2003]

£1.1bn fraud-busting bank card scheme goes nationwide

News The UK is the first country in the world to adopt the EuroPay Mastercard Visa (EMV) card standard, and one in five cardholders are expected to have the new cards by Christmas this year. The 'Chip and Pin' project, which is backed by payment... [02 Oct 2003]

The best of reader comments: The best and worst call centre experiences

News Other companies to be praised include Royal Bank of Scotland, for its MasterCard service, BT, for helping out when Telewest failed to deliver, and HP, though only creeping in ironically after accidentally delivering one, two or even three extra... [11 Apr 2003]

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