1811 results about this entity

Period: 26 Feb 2008 - 17 May 2024

RBS trials MasterCard PayPass in London black cabs

The Royal Bank of Scotland (RBS) is piloting MasterCard's PayPass contactless payments technology in London black cabs.

Turkey's Bank Asya launches MasterCard contactless toll card

MasterCard has partnered Turkey's Bank Asya to launch a chip and PIN contactless card which can be used to pay tolls on the country's roads and bridges.

Soaring customer satisfaction for French m-payments scheme

A consortium of French banks, telcos and technology vendors that launched a wide-scale contactless mobile payments trial last year is reporting customer satisfaction rates of above 90% for the scheme.

Pre-paid card issuer uses social networking to target young customers

US start-up edō Interactive is using Web 2.0 social networking sites like Facebook and MySpace to market its new pre-paid MasterCard, which is targeted at young adults.

Altair unveils pre-paid contactless PayPass wrist watch

UK pre-paid card outfit Altair Financial Services has unveiled a wrist watch featuring MasterCard's PayPass contactless payments technology.

MasterCard pays $1.8bn to settle American Express suit

MasterCard has agreed to pay rival card operator American Express up to $1.8 billion to settle a lawsuit filed in 2004 that accused it of blocking access to the bank-issued card market in the US.

MasterCard names Manchisi CTO

MasterCard Worldwide has named Michael Manchisi as its new chief technology officer (CTO).

MasterCard and Obopay team on US mobile P2P service

MasterCard is partnering California-based Obopay to provide an on-demand person-to-person (P2P) mobile payments service to its US cardholders.

MasterCard Europe suspends cross-border interchange fees

MasterCard is suspending the interchange fees it charges for cross-border credit and debit transactions in Europe in order to comply with an EC ruling and avoid heavy daily penalties.

Discover seeks $6bn from MasterCard and Visa in antitrust case

Discover Financial Services is seeking $6 billion in damages in a long running anti-trust lawsuit that accuses credit card rivals MasterCard and Visa of blocking its access to the bank-issued card market in the US.

New Senate bill launched to rein in interchange fees

MasterCard and Visa have come under more pressure over interchange fees after US senator Dick Durbin introduced a bill that would give retailers and merchants the power to negotiate to reduce charges for card transactions.

MasterCard names Reeg president, global technology and operations

MasterCard Worldwide has appointed Rob Reeg as president, global technology and operations (GTO).

US interchange battle heats up

As the interchange debate heats up in the US, banks and credit card networks have seized upon a report by the Government Accountability Office (GAO) that claims a reduction in interchange fees would not necessarily benefit customers.

MasterCard teams with Payzone for pre-paid re-load service

MasterCard is teaming with Irish e-payments outfit Payzone to offer a Europe-wide point-of-sale re-load service for its pre-paid cards.

MasterCard rolls out mini PayPass cards in Spain

MasterCard is teaming with Spanish banking groups La Caja Insular de Ahorros de Canarias and EURO 6000 to trial a miniature version of its contactless PayPass card, which is small enough to attach to a keyring.

Downturn prompts dash for cash

The economic slowdown has prompted hard-up Brits to shy away from plastic in favour of notes and coins to pay for purchases on the high street, according to new trading figures released by the British Retail Consortium (BRC).

DnB Nor and Telenor form mobile payments unit

Norwegian banking group DnB Nor and local telco Telenor have disclosed plans to establish a mobile payments venture.

French and German banks mulling rival to Visa and MasterCard - reports

A group of major French and German banks are looking to establish a pan-European card network that will compete with schemes operated by Visa and MasterCard in the region, according to press reports.

RBS first to deploy MasterCard inControl platform

The Royal Bank of Scotland (RBS) is using MasterCard's new inControl processing platform as the basis of a corporate payments system which enables business customers to set strict parameters on spending on corporate cards.

Phishers take aim at MasterCard SecureCode

Security experts are warning of a new phishing scam in which fraudsters are targeting MasterCard customers with false promises of discounts on future purchases.