Mastercard harnesses the power of selfies for new Check Mobile payment technology; plus PayPal research

Mastercard is bringing new payment technology to Europe that uses fingerprints and facial recognition – through selfies – to verify a cardholder’s identity in a move that it says will make online shopping simpler. The Check Mobile application is currently being introduced into 12 European markets, including the UK following (more…)

Rise in contactless spending limit to £30 expected to encourage adoption of new payment methods

Today sees the limit for contactless payments rise to £30, from the previous limit of £20, in a move that’s expected to deliver a new boost to NFC (near-field communication) payments, and could encourage the wider take-up of mobile payment methods. Already,  figures from MasterCard and Barclaycard show contactless spending has grown (more…)

The new normal: five ways that retail is set to change under the influence of digital shopping

A new round of digital disruption is set to change forever the way shoppers buy, a new report concludes. Retailers will respond by fully digitising the end-to-end customer experience, from the store onwards, predicts Forrester’s The Future of the Retail Experience. Report author Nigel Fenwick says that customers’ expectations of (more…)