Visa, Mastercard Forge FinTech Partnerships To Stay Ahead Of Payment Trends

As the two biggest payments companies in the world, it shouldn’t come as a surprise that Mastercard and Visa are both always looking for ways to stay ahead of the competition—especially in the FinTech sector. Through the years, Visa and Mastercard have worked with third-party merchants on various smart chip technologies for contactless payment, touch-and-go, and pay-with-a-wave transactions. They also both launched a card with an embedded fingerprint scanner, making multiple passwords obsolete, and are getting set to offer “tokenization services,” which generate a unique token for each individual credit card to prevent hackers from accessing consumer data...