MasterCard Starts “Selfie” Verification, Working On Heartbeat Approvals

MasterCard Starts “Selfie” Verification, Working On Heartbeat Approvals

Last October, MasterCard revealed that it was testing new ID-verification solutions that used, among other things, facial recognition, to quickly and securely identify cardholders when shopping on their mobile devices. Now the company says the so-called “selfie pay” system is ready for the masses, and that it is working on a way to authenticate users via their heartbeats. [More]

MasterCard, Visa Form Industry Group To Address Payment Security Issues

MasterCard, Visa Form Industry Group To Address Payment Security Issues

In the wake of numerous high-profile data breaches and growing concerns about identity theft, credit card competitors Visa and MasterCard are teaming up to launch a cross-industry effort aimed at improving payment security for consumers. [More]