Madison Square Garden Company (MSG) reported payment card information was stolen from potentially hundreds of thousands of customers who attended shows or sporting events at the organisation's five major venues during the last year.
More than half of global consumers believe mobile wallets are less secure than cash, but nearly 60 percent of executives say mobile money will build their business because it's safe.
Mastercard plans to authenticate transactions using selfies and thumb-prints, in a bid to move away from traditional username and password authentication, and make the payment process as frictionless as possible.
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