Using geolocation data, the credit card company proposes a plan that will only allow card transactions when a users' smartphone is within close proximity.
On today's episode, we'll count the days until you'll never have to sign a credit card receipt again. We'll also recount a story of a mailing glitch that shows exactly how much banks know about your life, and discuss the merits of the Agree It app that lets you borrow real money from your Facebook friends.
The head of MasterCard's emerging payments business talks to CNET about its MasterPass initiative, mobile payments, and beyond.
The next-generation 2-in-1 card features an embedded LCD display and touch-sensitive buttons for generating one-time passwords.
An earlier version of this story incorrectly included MasterCard as one of the companies affected, based on a Reuters report. MasterCard was not cited in the indictment.
Cyberattacks against the Nasdaq, J.C. Penney, and others led to "hundreds of millions of dollars" in losses, say federal prosecutors.
In a world first, Westpac is trialling a system that stores debit card data in your phone's SIM card, to work with any MasterCard PayPass payment system.
MasterCard's PayPass wallet will start with online purchases before moving to the physical world.
Until March 18, Barnes & Noble is offering $20 off the Nook Simple Touch and Nook Color e-readers if you purchase the products with a MasterCard.
Visa, MasterCard, Amex, and Discover see a big payday ahead in the emerging digital payment business. They're making sure they're in the game along with tech companies, retailers and phone companies.