MasterCard Rolls Out Selfie Payments Decreasing Privacy One Step Further
MasterCard has rolled out facial recognition “selfie payments” across Europe, as privacy-centric cryptocurrencies push in the opposite direction towards anonymity. Beginning in 12 countries, MasterCard is employing Identity Check Mobile, a technology to allow customers to self-identify through facial recognition and fingerprints. An initial trial in the Netherlands revealed that over 75% of users surveyed indicated that they wished to continue using these methods of authentication, while 90% preferred to see biometric data used more in the future. This constitutes a shift away from....
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Citizens in Europe can now make payments through selfies after MasterCard announced it is unveiling its new technology that uses facial recognition and fingerprints. The Identify Check Mobile technology by MasterCard provides shoppers with the ability to purchase items through a selfie scan or a finger scan. However, this technology is only available when a shopper is visiting a merchant’s shop online. It means, though, that shoppers won’t be required to remember passwords for countless cards. MasterCard have already unveiled this technology in Canada, the Netherlands, and the U.S. Due to....
The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no name or address associated with [the] Edge Mastercard” giving privacy advocates peace of mind.
Edge Reveals Privacy-Centric Crypto Mastercard
The digital currency firm Edge has announced the launch of the Edge Mastercard, a loadable crypto debit card that doesn’t collect KYC data. Edge revealed the Mastercard on Twitter and....
MasterCard has launched MasterCard Send, a personal payments service that enables funds to be sent quickly and securely to consumers domestically and internationally. Now live for users in the United States, MasterCard Send permits sending secure real-time payments to consumers, both banked and unbanked. The recipients get the funds immediately on their MasterCard or other cards, into mobile money and bank accounts or via cash agent outlets. "This unique platform will enable disbursements and person-to-person (P2P) payments to and from virtually any U. S. debit card account, including....
Mastercard, the American multinational financial services corporation, announced the company is dipping further into the digital asset ecosystem by acquiring the blockchain intelligence firm Ciphertrace. The partnership announcement says the firm will help bolster Ciphertrace’s and Mastercard’s cyber security solutions.
Mastercard Purchased Ciphertrace for Undisclosed Sum
On Thursday, the financial payments giant Mastercard (NYSE: MA) has revealed the company has acquired the blockchain surveillance firm Ciphertrace. The blockchain company is a Menlo Park,....
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace.
Mastercard Partners With Coinbase
Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership Tuesday. Mastercard stated that the company is “Making it easier for everyone to buy NFTs,” elaborating:
We’re excited to announce today that we’re partnering with Coinbase to let....