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Indian Central Bank lifts Mastercard issuing ban
The India Central Bank has lifted its restrictions on Mastercard issuing new cards in the domestic market, nearly a year after imposing the ban, after it demonstrated “satisfactory compliance” with... read more
The post Indian Central Bank lifts Mastercard issuing ban appeared first on Payments Cards & Mobile.
Australian competition authority sues Mastercard for anti-competitive pricing
Mastercard finds itself in the dock with the Australian Competition and Consumer Commission (ACCC) which has launched an civil action over alleged anti-competitive pricing activity in the card payments market.... read more
The post Australian competition authority sues Mastercard for anti-competitive pricing appeared first on Payments Cards & Mobile.
Mastercard launch biometric facial recognition for POS payments
Mastercard says it will trial a biometric payment system for physical stores, using facial recognition biometrics rather than contactless cards, smartphones or memorable PINs. The Biometric Checkout Program, as it... read more
The post Mastercard launch biometric facial recognition for POS payments appeared first on Payments Cards & Mobile.
Payments heavyweights smash Q1 earnings forecasts
Visa has (again) posted much stronger than expected Q1 2022 earnings amid a consumer spending rebound powered in part by business and personal travel following a “short-lived” jump in Omicron... read more
The post Payments heavyweights smash Q1 earnings forecasts appeared first on Payments Cards & Mobile.
Mastercard joins gold rush into the Metaverse
Mastercard has joined the land grab by major payments players and banks into the Metaverse, with new filings related to NFTs, virtual worlds and more. The 15 filings by Mastercard,... read more
The post Mastercard joins gold rush into the Metaverse appeared first on Payments Cards & Mobile.
