MasterCard

Money Was the Theme of the Week in MIDW’s Top Stories

Money Was the Theme of the Week in MIDW’s Top Stories

Looking back on this week’s most popular articles on Mobile ID World, it’s clear that money was the big theme. Breaking that broad theme down further, a major topic was digital wallets. Mezu and Mastercard announced a new digital debit card for mobile payments, and a cryptocurrency wallet revealed some hard evidence of the security…

Mezu and Mastercard Introduce New Digital Debit Card

Mezu and Mastercard Introduce New Digital Debit Card

Mezu is teaming up with Mastercard to release a digital debit card that will allow Mezu users to make purchases anywhere Mastercard is accepted. Mezu is a mobile payments app that does not share any personal information or transaction history with third parties and leverages biometric authentication for added security. The partnership with Mastercard will…

G+D Helps Bring LG Pay to the United States

G+D Helps Bring LG Pay to the United States

“We consider the partnership with LG as proof of the market leadership of our mobile payment solutions competence and look forward to continue developing LG Pay together with LG.” G+D Mobile Security is providing cloud payment services to help LG bring the LG Pay platform to the United States. The US is the first country to…

iBeta Certified for Mastercard’s Formal Approval Services

iBeta Certified for Mastercard’s Formal Approval Services

The iBeta Quality Assurance lab can officially add another certificate to its wall. The biometric testing facility has now been accredited by Mastercard, becoming a certified provider of Mastercard’s Formal Approval Services as of June. iBeta is one of the world’s leading biometric testing facilities, and is equipped to test face, palm, voice, and fingerprint…

NXP, Partners Celebrate CAST Certification for Biometric Cards Module

NXP, Partners Celebrate CAST Certification for Biometric Cards Module

NXP has become the first player in the emerging biometric payment cards market to reach an important milestone, announcing that its Secure Processing Module for fingerprint-on-card technology has become the first such solution to attain certification through Mastercard’s Compliance Assessment and Security Testing, or CAST, program. A Secure and Efficient Solution NXP says its module…

Truxtun Capital Releases FIDO-Certified Payment Card with Acoustic Tech

Truxtun Capital Releases FIDO-Certified Payment Card with Acoustic Tech

Truxtun Capital has released a new payment card that leverages acoustic technology for an additional layer of security. The new Wega 3DSA 2.0 is available in the UK through the company’s partnership with the Manchester City Football Club, and is being billed as the first commercial deployment of a FIDO-certified payment card. “Truxtun’s Acoustic technology…

MasterCard and Samsung Working Towards Device-Based Digital Identities

MasterCard and Samsung Working Towards Device-Based Digital Identities

‘The digital IDs would theoretically make it easier to open and access accounts in brick-and-mortar institutions like banks and digital business like social media or online retail…’ Mastercard and Samsung are teaming up to provide customers with secure digital identities that will be stored on people’s smartphones. The new IDs are designed for both in-person…

Mexican Biometric MasterCard Trial Powered by IDEX

Mexican Biometric MasterCard Trial Powered by IDEX

IDEX Biometrics will play an integral role in a new biometric card trial from MasterCard and Edenred Mexico. Launched in conjunction with the Mexican state of Sonora, the new pilot program will use biometric fingerprint-scanning cards to distribute state benefits as part of an ongoing effort to give more people secure access to banking services.…

IDEMIA Provides Metal Payment Card for Elite KFH Clients

IDEMIA Provides Metal Payment Card for Elite KFH Clients

The Kuwait Financial House (KFH) will be offering laser-engraved, one-of-a-kind metal payment cards to a select group of elite clients. The cards will be produced by IDEMIA, and have been designed with an eye towards status as much as security. In other words, the metal cards will only be given to KFH customers with a…

Veridium is the Latest Biometrics Specialist to Join Mastercard Start Path

Veridium is the Latest Biometrics Specialist to Join Mastercard Start Path

Veridium has become the latest biometrics specialist to join Mastercard Start Path, the financial services giant’s startup accelerator program. It’s an impressive feat. Only about 40 startups are admitted to the program each year, and Veridium says it was part of an applicant pool of almost 2,000. Criteria for selection include demonstrated commercial traction, seed…

Mastercard, Microsoft to Collaborate on Digital Identity Service

Mastercard, Microsoft to Collaborate on Digital Identity Service

“…their service will be focused on the areas of financial services, digital commerce, government services, and consumer-focused online services like music streaming and social media.” Mastercard and Microsoft have announced that they’re teaming up on a digital identity project. What exactly this project will entail is pretty vague at the moment. In a statement, the…

Mastercard, Gemalto, IDEMIA to Collaborate in ‘Greener Payments Partnership’

Mastercard, Gemalto, IDEMIA to Collaborate in ‘Greener Payments Partnership’

A new environmental partnership entails an alliance between Mastercard, IDEMIA, and Gemalto on payment card solutions. Also including card printer Giesecke+Devrient, it’s called the Greener Payments Partnership, and is aimed at reducing the use of PVC plastic in payment cards. According to a statement from the companies announcing the partnership, they are committing to accelerating research…

IDEX Receives First Order for Biometric Payment Card Tech

IDEX Receives First Order for Biometric Payment Card Tech

“We are incredibly proud to have reached this very important milestone with our strategic partner. The order marks the start of the industrialization phase for biometric cards, and is the result of years of dedication and hard work and is validation of IDEX’s leadership position in this very innovative market.” -Stan Swearingen, CEO, IDEX Biometrics…

INTERVIEW: Conor White, President – Americas, Daon

INTERVIEW: Conor White, President – Americas, Daon

When you talk about the mobile biometrics revolution, you talk about FinTech, and any conversation about FinTech is going to prominently feature Daon. The biometric software company deployed its IdentityX authentication solution to great effect in the early days of biometric mobile banking, its trailblazing partnership with USAA clearing the way for mass adoption of…

Alcinéo Integrates Trustonic Security Into mPOS Apps

Alcinéo Integrates Trustonic Security Into mPOS Apps

France-based Alcinéo, a specialist in embedded software for payments, is taking advantage of Trustonic technology to secure its mobile Point of Sale apps. The security comes by way of the Trustonic Application Protection (TAP) SDK, which allows Alcinéo to integrate digital payment microkernels from Mastercard and Visa into a given device’s Trusted Execution Environment. Meanwhile, Trustonic’s Trusted…

PSD2 Will Give Rise to Biometric Payments, says Mastercard

PSD2 Will Give Rise to Biometric Payments, says Mastercard

Mastercard is anticipating a big jump in biometrically authenticated payments thanks to new regulations in the European Union. The PSD2 regulation has already officially been implemented in the EU, but its requirements for Strong Customer Authentication won’t come into play until this September. When they do, online payments and account access will require two of…

Biometrics a Key Topic at U.S. Payments Forum Event

Biometrics a Key Topic at U.S. Payments Forum Event

Biometrics and other innovative methods of authentication will be a key topic at the July Member Meeting of the U.S. Payments Forum, a non-profit cross-industry alliance that encompasses the whole payments ecosystem. Organizers have announced the agenda for this year’s event, and it’s going to kick off with a plenary panel entitled, “Next Generation Consumer…

IDEMIA, WorldPay Bring Dynamic CVV Solution to North America

IDEMIA, WorldPay Bring Dynamic CVV Solution to North America

IDEMIA and US-based payment processor WorldPay are embarking on North America’s first trial program of IDEMIA’s Motion Code payment card solution. Motion Code was first launched in the autumn of 2016 by Oberthur Technologies, before that company merged with Safran Identity & Security to form what is now IDEMIA. The solution essentially replaces the three-digit…

NXP Tech Brings mPayments to Classic Watch Design

NXP Tech Brings mPayments to Classic Watch Design

NXP Semiconductors has unveiled a new digital wallet system designed for easy integration into a range of potential hardware products. Developed in collaboration with Mastercard and Visa, the mWallet 2GO solution features NFC for contactless payments, a comprehensive Secure Element system, and functionality with the Mastercard Digital Enablement Service and Visa Token Service platforms. It…

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