Coin Overcome Hurdle to Partner Visa and MasterCard

Fintech company Coin has bounced back from its near failure and partner Visa and MasterCard in providing integrated payment service. Meanwhile regulators are preparing set of regulation for fintech innovation.

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MasterCard Presents Arnold Palmer Invitational Golf Tournament, Showcases Payment Through Virtual and Augmented Reality

It will be a different experience for consumers and golf fans alike as they take part in the Arnold Palmer Invitational PGA Tour event. MasterCard has teamed up with Wearality that develops VR glasses and other wearables and with Callaway Golf Company to enable people to engross themselves in the virtual and augmented reality.

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EMV Credit Card Increase Security But Slow Implementation Will Make Consumers Vulnerable

Experts said the new chip-enabled or EMV credit and debit cards can help reducing fraud. However, incomplete adoption of chip cards and readers will make consumers and merchants vulnerable.

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Samsung now supports Chase Banks and SunTrust

Korean biggest technology company, Samsung today announces that its Samsung Pay service is now accepting credit and debit card from Chase Banks. The new announcement set its service in par with other rivals such as Apple Pay and Android Pay.

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Gift Card Deals: Why are some mileage junkies going for gift cards

Numerous miles and points blogs would always mention the benefits of gift cards with some regularity. Moreover, most of travelers want to use gift earning credit cards so that they can earn miles and points for purchases.

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MasterCard’s Hackfest to go global, aims for massive influx of coders from multiple cities

MasterCard announces to go global with its well-known hackathon event 'Masters of Code'. The company is expanding the event to multiple cities in the search for best coders.

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Stocks end stronger as investors look beyond mixed earnings

U.S. stocks ended stronger on Wednesday as Visa's potential expansion into China and talk of a turnaround at McDonald's helped investors look beyond a mixed bag of quarterly earnings.

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Facebook to allow users to send money to friends through Messenger

Facebook Inc said it is adding a new feature to its messaging app that allows friends to send and receive money through it. Users can tap or click a dollar icon in a new chat window to send money to their friends, after they link a Visa

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Fidelity tech fund trounces all rivals without holding Apple

The best performing technology fund since the peak of the dot com boom did it all without owning Apple Inc (AAPL.O), whose soaring stock price has pushed the Nasdaq near a new record high.

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Samsung unveils sleek new Galaxy phones to take on Apple

Samsung Electronics Co Ltd unveiled its latest Galaxy S smartphones featuring a slim body made from aircraft-grade metal, in a bid to reclaim the throne of undisputed global smartphone leader from Apple Inc.

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Women's apparel, dining drive U.S. holiday sales: MasterCard

U.S. retail sales rose 5.5 percent from the day after Thanksgiving through Christmas Eve as solid demand for women's apparel, jewelry and casual dining offset surprisingly sluggish sales of electronics, MasterCard said in its holiday spending report.

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Foreign access to China's card clearing market next August: report

Chinese regulators will allow foreign firms access to the yuan-denominated credit card clearing business from August next year, Hong Kong's South China Morning Post newspaper reported on Saturday.

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American Express quarterly profit rises as U.S. card holders spend more

American Express Co, the world's largest credit card issuer, reported an 8.1 percent rise in quarterly profit due to higher spending by U.S. customers using its credit cards and a rise in its net interest income.

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Russian mobile payments startup 2can lands $5M in Series B funding

Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.

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Pan-European accelerator Startupbootcamp opens fintech incubator in London

A fintech incubator has just been rolled out by pan-European accelerator Startupbootcamp in London. The FinTech bootcamp is backed by big names that include Lloyds, Rabobank and MasterCard, TechCrunch reported.

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