Monday , October 14, 2024

Mastercard’s Age Verification Tool and other Digital Transactions News briefs from 10/14/24

  • Mastercard Inc. said its Identity Attribute Verification service soon will enable issuers to confirm cardholders’ information such as age, date of birth, or address. The initial focus will be select markets in Europe with plans to expand into others in 2025.
  • Expense-management software developer Findity announced its Real Time Card platform, which it says allows Mastercard and Visa users to link their cards and track and manage expenses in real time.
  • The global payments processor Worldline said it is working with technology firm FinbotsAI to enable Worldline client banks to develop credit scorecards by leveraging artificial intelligence.
  • Veridas, whose technology links event ticketing to facial recognition, said it will enable fan ID and entry in Miami at the Chase Stadium and the Seminole Hard Rock Hotel and Casino, Hollywood.
  • General Motors Co. will move its credit card program to Barclays US Consumer Bank, General Motors said. Goldman Sachs had been the issuer of the GM cards, but announced it would find a new issuer in 2023, according to The Wall Street Journal.

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