Golf fans using the latest in payment technology from MasterCard can get their food and drinks faster whether they are on the course, in the clubhouse or visiting the MasterCard Club on the ninth fairway during The Barclays in Edison, NJ.
MasterCard is embarking on two pilots, one in the US and one in the Netherlands, which use facial recognition technology for payment verification.
Samsung will introduce its mobile payments service in South Korea later this month, with Visa, MasterCard and several major banks onboard for a US launch in September.
Canada's TD Bank, MasterCard and tech firm Nymi have completed what they claim is the world's first wearable contactless credit card payment to authenticate the user through their heartbeat.
In a bad day in court for the card firms, a federal appeals court has revived ATM access fee litigation against Visa and MasterCard, while in a separate case a judge has rejected American Express's interchange fee class action settlement.
The Open University has teamed up with UK fintech trade body Innovate Finance to launch the world's first introductory course to financial technology.
MasterCard’s Mobile Shopping Survey found that a third of respondents in Singapore with mobile internet access made a mobile shopping purchase in 2014 (36.7%), an increase compared to 2013 (31.4%).
MasterCard has shelled out $61 million to UK supermarket chain Tesco in the first of an expected wave of settlements by card schemes over interchange fee lawsuits lodged by British retailers.
Citibank India and MasterCard today announced the launch of Citi MasterPass, the first global digital wallet in India, making Citibank debit and credit card customers the first in the country to be able to shop at more than 250,000 e-commerce merchants, located in India and worldwide, with a safe, simple and quick online payment experience.
Samsung has struck a deal with MasterCard to connect European card issuers to the handset manufacturer's forthcoming mobile payments service.
© Finextra Research 2015