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MasterCard announced it will bring facial recognition payment services, “selfie pay” to the UK as part of a range of new services designed to improve identity verification for mobile phone payments. UK customers will be able to scan fingerprints or snap selfies to validate their identities, in a system designed to let them complete an online [...]

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Curve, a London-based startup, allows people to combine an unlimited number of bank cards into one physical payment card, accepted everywhere MasterCard cards work. It is supported by a mobile app that gives people a clearer picture of their payments. This includes services such as the ability to see all transactions in one place – [...]

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Rival payment processors MasterCard and Visa both posted higher earnings than Wall Street expected as US customers increased card spending at the end of 2015, a period including the lucrative holiday shopping season. MasterCard reported profit of 79 cents a share on Friday, topping the 70-cent average of analysts’ projections, while Visa’s earnings of 69 cents a share, excluding some items, compared [...]

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As if proof of the importance that the payments industry is currently playing in other industry were needed, MasterCard announced a partnership with Coin to bring wearable payments to a wide array of fitness bands, smart watches and other wearable devices. This collaboration builds upon the MasterCard announcement in October introducing the Commerce for Every Device program to enable any [...]

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MasterCard and Samsung have launched Groceries by MasterCard, a new app which enables consumers to order groceries directly from Samsung’s new Family Hub refrigerator. The first shopping app integrated into a refrigerator, Groceries by MasterCard connects consumers to leading grocers in the most convenient and efficient setting – their kitchen. Groceries redefines the family grocery shopping experience [...]

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