MasterCard to Allow Card Purchases Based on Location
MasterCard today announced a new program that will use customers' cell phone location data to help determine if it should or shouldn't approve purchases. The opt-in program is meant for travelers who often visit other countries. Customers register their cell phone number with the program and allow MasterCard to track the location of their phone. If the customer travels to another country and activates their registered phone in that country, MasterCard will approve transactions made there. The program does not actually facilitate mobile payments through cell phones, but ties consumers' phone number and location to their credit card. MasterCard believes it will help prevent fraud, as well as offer travelers peace of mind in knowing that when they need to make purchases abroad, their card won't be declined. MasterCard also sees it as an opportunity to offer targeted offers. Syniverse is providing the location data to MasterCard.
May 27, 2020
This summer, Samsung will launch Samsung Money by SoFi, a new financial product integrated with Samsung Pay. Like Apple Card, Samsung Money can be used as a payment method with the wallet app (Samsung Pay), the account is managed within the wallet app, and the product also includes a physical payment card.
Mar 25, 2019
Apple today launched its own branded credit card: Apple Card. Starting this summer, customers can sign up for the card on their iOS device in minutes, and use it immediately with Apple Pay.
Dec 17, 2018
Google today said Google Assistant will play a greater role in alerting travelers to delayed flights. The Assistant has been sharing delayed flight predictions since earlier this year.
Apr 4, 2018
Facebook today made significant changes to its platform as it continues to deal with the fallout from the Cambridge Analytica breach. To start, the company now believes Cambridge Analytica was given improper access to the data of as many as 87 million people, mostly U.S.
Sep 28, 2018
Google says it has updated how it handles search for travelers in a way that should make it easier to piece together trips over time. When searchers first look for certain travel destinations, Google will begin to show things to do and related travel articles.
Scheme to collect more personal data