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Mastercard Goes OTP-Free in APAC for Faster, Safer Online Transactions

Fintech Finance

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

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What is a Surcharge Fee? How it Helps Consumers and Businesses

Stax

In an era defined by digital transactions and cashless payments, the process of paying for goods and services is more convenient, and increasingly reliant on credit card transactions. However, as the popularity of credit cards and digital wallet payments continues to surge, the costs associated with accepting them also do.

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‘One can’t just live in the deposit and debit space, Gen Z will need access to credit at some point in their lives’: Mastercard’s Bunita Sawhney on Gen Z’s debit-to-credit transition

Tearsheet

This role is now also extending to shaping financial decisions and taking charge in managing household finances, as shared by Bunita Sawhney, Global Head of Consumer Products and Processing at Mastercard, during her presentation at the Tearsheet Gen Z Symposium held recently in NYC. Go to tearsheet.co/strawberryfrog

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The Big Tech Canary In The Faster Payments Coal Mine

PYMNTS

where almost everyone is now banked) and made the case for why the Fed was positioned as the best player to operate a ubiquitous, interoperable real-time payments network – even though the Fed doesn’t have a great track record at payments innovation ( #killthecheck ). It flew in on Dec. Here’s where the canary flew in.

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How Decathlon Deployed QR Codes For Seamless And Secure Contactless Payments

PYMNTS

Mastercard revealed that 79 percent of its cardholders around the world now prefer contactless transactions, and there was a 40 percent increase in such transactions during Q1 2020. People were not really pushing for contactless payments, but when the pandemic hit, people became much more aware of the risk. despite the pandemic.

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Em Conversa: Supporting LatAm Payment Innovations With i2c

The Fintech Times

Having been with i2c for seven months as the lead in sales, my background includes two decades at Mastercard , which equips me with a deep understanding of the payments industry. They are rolling out contactless cards and enhancing terminal infrastructure across key Latin American markets. What trends are most impactful in the region?

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Faster Payments: Does The Fed Have A Hidden Agenda?

PYMNTS

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots.