What's New in Payments

MasterCard extends tokenization platform to clothing, accessories and wearable devices

Adam Shelman

MasterCard has extended the capabilities of its tokenization service to enable payments to be made using “virtually any device”, including NFC-enabled clothing, jewellery and vehicle keyfobs. “Products will begin rolling out in 2016 in the US,” the payments network says, “with plans to expand to other markets.” More


Ringly raises US$5.1m for light-up rings

Wearable technology company Ringly has raised US$5.1m in Series A funding to produce a range of connected jewellery that links to a smartphone, and alerts the wearer with a variety of customizable notifications by lighting up and vibrating... More