Mobile Payments

Samsung and Mastercard Are Teaming Up On a Biometric Credit Card

Samsung and Mastercard Are Teaming Up On a Biometric Credit Card

Samsung and Mastercard are officially teaming up on a credit card with a built-in fingerprint scanner, Samsung announced on Thursday. These so-called “biometric cards” will come baked in with a “several key discrete chips” from Samsung’s side, and are planned to be compatible with any point of sale (POS) terminal,…

Report: EU Antitrust Officials Are Looking Into Apple Pay, iPhone NFC Chips

Report: EU Antitrust Officials Are Looking Into Apple Pay, iPhone NFC Chips

Officials across the European Union have already made their thoughts on Facebook’s Libra cryptocurrency project clear. Now those concerns have extended to Apple Pay, with EU antitrust chief Margrethe Vestager’s office probing whether the company’s pre-installed mobile payments software is playing dirty with the competition, Bloomberg reported on Thursday.