Mastercard acquires Ekata for $850M to advance its identity verification efforts

Trust is the key ingredient to conducting digital commerce. Central to creating trust in a digital world is the ability to prove your digital identity – who you are, whether you are interacting in person, online or in app. Mastercard took steps t… Continue reading Mastercard acquires Ekata for $850M to advance its identity verification efforts

Venafi surpasses $100M in annual recurring revenue

Venafi announced that the company has surpassed $100 million in annual recurring revenue (ARR), cementing its leadership as category creator. This news comes on the heels of Thoma Bravo’s strategic growth investment in Venafi, valuing the company at $1… Continue reading Venafi surpasses $100M in annual recurring revenue

Living Security raises $14M to further develop its human risk management platform

After a year of fast growth, Living Security announced it has closed a $14 Million Series B round to continue its expansion beyond cybersecurity awareness training and further develop its human risk management platform. The investment was led by Updata… Continue reading Living Security raises $14M to further develop its human risk management platform

Mastercard expands Engage platform to provide digital payment experiences for consumers

Mastercard is expanding the Engage platform, offering customers easy access to a growing network of qualified technology and fintech partners that can quickly deploy Mastercard Digital First solutions. These solutions will enable customers to provide e… Continue reading Mastercard expands Engage platform to provide digital payment experiences for consumers

Samsung Electronics, Mastercard and Samsung Card develop fingerprint biometric payment card

Samsung Electronics, Mastercard, Samsung Card, have signed a memorandum of understanding to develop a biometric card that features a built-in fingerprint scanner to authorize transactions securely at in-store payment terminals. Through this strategic c… Continue reading Samsung Electronics, Mastercard and Samsung Card develop fingerprint biometric payment card

Mastercard appoints Richard Verma as Executive VP of Global Public Policy and Regulatory Affairs

Mastercard announced the appointment of Richard Verma as Executive Vice President, Global Public Policy and Regulatory Affairs where he will oversee the company’s public policy, regulatory affairs and litigation teams around the world, reporting to Tim… Continue reading Mastercard appoints Richard Verma as Executive VP of Global Public Policy and Regulatory Affairs

Mastercard adds A2A payments functionality to Mastercard Track Business Payment Service

Mastercard continues to deliver on its multi-rail strategy with the addition of Account-to-Account (A2A) payments functionality to Mastercard Track Business Payment Service. This launch represents the next phase in Mastercard’s journey to modernize bus… Continue reading Mastercard adds A2A payments functionality to Mastercard Track Business Payment Service

Mastercard Cyber Secure helps banks assess cyber risk and prevent potential breaches

Mastercard announced Cyber Secure, an AI-powered suite of tools that allows banks to assess cyber risk across their ecosystem and prevent potential breaches. With these capabilities, banks can identify and prioritize threats and vulnerabilities through… Continue reading Mastercard Cyber Secure helps banks assess cyber risk and prevent potential breaches

Mastercard, IDEMIA and MatchMove develop biometric card with fingerprint authorization

Mastercard has teamed up with IDEMIA and MatchMove on their first pilot in Asia of a biometric card that uses a fingerprint to authorize transactions at in-store payment terminals. The card, with the product name F.CODE Easy, takes the seamless and int… Continue reading Mastercard, IDEMIA and MatchMove develop biometric card with fingerprint authorization

Here’s Why Credit Card Fraud is Still a Thing

Most of the civilized world years ago shifted to requiring computer chips in payment cards that make it far more expensive and difficult for thieves to clone and use them for fraud. One notable exception is the United States, which is still lurching toward this goal. Here’s a look at the havoc that lag has wrought, as seen through the purchasing patterns at one of the underground’s biggest stolen card shops that was hacked last year. Continue reading Here’s Why Credit Card Fraud is Still a Thing