payment mastercard in news
Top 10 financial services stories of the year
News Mastercard launched such a card in September. The thing about cash is that it changes hands instantly, while other forms of payment can take a bit longer. Apacs estimates five million contactless payment cards to be in circulation by the end of... [17 Dec 2007]
Christmas spend online to hit £5bn
News There is also an Apacs website explaining how to sign up to security schemes such as Verified by Visa and Mastercard SecureCode. Among the measures suggested by Apacs, are keeping antivirus software up to date and registering your payment card with... [30 Nov 2007]
Stories of the Month - September 2007
News Another futuristic technology taking off is contactless payments, which received a boost this month with Mastercard and Maestro launching 'tap and go' payment cards in London. Futuristic technologies and data security really grabbed the attention... [28 Sep 2007]
'Tap and go' plastic arrives in London
News MasterCard has launched its contactless payment tech in the UK. The so-called "tap and go" payment feature can be added to any MasterCard credit, debit or prepaid card or Maestro debit card and HSBC and the Royal Bank of Scotland have already... [04 Sep 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. This generates an eight digit number - valid for one transaction - which customers enter online or give to a... [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]
Bank extends contactless payment project
News According to MasterCard, which provides the underlying technology, a time-and-motion study of the Edinburgh trial - which covered six outlets including a Starbucks, a restaurant, a delicatessen, a chemist and a social club - found that Maestro... [09 Nov 2006]
Credit card companies forge security alliance
News American Express, Discover Financial Services, JCB, MasterCard Worldwide and Visa International announced on Thursday the creation of an organisation to develop and maintain security standards for credit and debit card payments. [08 Sep 2006]
Morgan Stanley says 'sorry' for overcharging
News In April Morgan Stanley customers in the UK were hit by a major security breach that resulted in thousands of MasterCard credit card details being stolen by fraudsters. The company said in a statement: "All cardholders who contacted the customer... [22 Aug 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 Co-op for example is piloting a biometric fingerprint... [01 Aug 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]
RFID credit card 'not a skimming risk'
News MasterCard consultant Robert White told a smartcard conference in Sydney this week: "There's been some talk in the market of accidental payment and reading cards in your pocket, and these are perceptions. [03 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]
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