Authentication & Security

How MasterCard Is Pushing Mobile Payments, Visa Is Experimenting With Biometric Payment Systems, New payment ecosystem is emerging, Bitcoin Exchange Mt. Gox, Payment News

MEDICI

Payment Industry News for today from our News Aggregation wing 

1. Banktech - How MasterCard Is Pushing Mobile Payments Ahead

As every player in payments grapples with the speed of innovation in the market, MasterCard is making several strategic moves in the first half of this year to position itself as an innovator in mobile commerce. The company made a number of announcement this week at Mobile World Congress that will be “the de facto operating system for future commerce,” says Mario Shiliashki, MasterCard’s group head of emerging payments.

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2. Gizmodo - Visa Is Experimenting With Biometric Payment Systems

Apple's iPhone 5S has a fingerprint scanner, and now Samsung's revealed a print-reading Galaxy S5. Each allows for payments to be verified using a swipe of your digits. Is this the possible future of all transactions? Perhaps, and Visa is now exploring the area too to ensure it will be ready for the possible sea-change.

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3. Mobileworldlive - A new payment ecosystem is emerging

The mobile is an acknowledged catalyst of change. It has already changed the way we communicate with each other and the way we access information. The mobile is now changing how we conduct our financial lives. Mobile financial services is a rapidly developing industry led by a wave of dynamic, agile and technologically advanced solutions. At the front of this wave of new technology is eServGlobal.

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4. Businessinsider - Document Alleges Hundreds Of Millions Of Dollars Of Theft At Bitcoin Exchange Mt. Gox.

The big news in Bitcoin world today is that the website Mt. Gox - which at one point was the pre-eminent place to trade Bitcoin - has now gone offline. It's just up and disappeared. This comes a day after the company withdrew from the Bitcoin Foundation, and amid weeks of withdrawals being halted.

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MEDICI Team

MEDICI

MEDICI Team is a group of content writers, bloggers, journalists, researchers, and editors from the MEDICI team who collaborate to create FinTech insights.

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