The Apple Card takes a more aggressively digital approach to credit card relationships than most other products on the market — but the technology behind it isn’t exclusive to Apple. Following about 18 months of secretive development with Apple and Goldman Sachs, Mastercard is ready to bring the same offering to other issuers. Its platform…
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Banks and Apple Pay have not always had easy partnerships, but a hot market for co-branded cards gives Goldman Sachs a chance to advance its consumer ambitions and Apple an opportunity to offset slumps in device sales. As Apple picks up adoption among merchants and consumers, it is plotting a deeper dive into payments that…
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It’s impossible to predict how long consumers around the globe will cling to using plastic cards for payments, but not uncommon to hear predictions of the product’s demise. Entrust Datacard, which serves both sides of the physical and digital payments spectrum, sees the categories’ fates as intertwined. The more momentum digital and mobile wallets have,…
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In many instances, mass transit systems have proven to be catalysts for adoption of new payment technology, starting with the genesis of contactless cards for access to buses and trains in Hong Kong and Japan in the late 1990s. Hong Kong’s Octopus Card is one of the earliest examples of how transit networks can expand…
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Personalization has become a customer expectation. No matter where they go, what device they are using or how they choose to interact with brands, consumers are getting accustomed to seeing “intelligent offers” that relate directly to them and their circumstances. The retail and hospitality industries are leaving no stone unturned in living up to these…
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Mastercard’s enhanced security strategy is getting a personnel boost through the addition of CIA veteran Jeanne Tisinger as a senior adviser for cybersecurity. In her new position Tisinger will help Mastercard implement and expand its security strategy and public policy initiatives, the company said Friday. “People shouldn’t have to choose between convenience and security,” Ajay…
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