Payments processing services company, Global Payments said late Sunday that information on up to 1.5 million card numbers may have been "exported" as a result of an unauthorized access into its processing system.

A massive data breach of a payment-card processor's network could involve more than 10 million compromised card numbers, according to security news writer Brian Krebs in his online posting today.

Mobile messaging and commerce services provider, Sybase 365, has been selected as a preferred mobile money technology provider in the MasterCard Mobile Money Partnership Program.

Contactless payment methods are already becoming the norm, paving way for a future where mobile phones will supplant wallets, according to MasterCard head of market development, Matthew Barr.

Hacktivist groups Anonymous and TeaMp0isoN have joined together in a new campaign that involves compromising credit card details and using them to donate money to charities, homeless people and anti-government protesters around the world.

MasterCard on Thursday gave a sneak peek into the near future of mobile payment systems and said that the Google Wallet application is within weeks of being rolled out commercially.

WikiLeaks' card payment processor is preparing legal action against Visa Europe, MasterCard Europe and other payment intermediaries after its contract to process payments was abruptly terminated following WikiLeaks' release of secret U.S. diplomatic cables last November.

Satyam Computer Services is setting up a business applications testing center in Kuala Lumpur, Malaysia, for payments company MasterCard, reflecting a growing interest among customers to sign up new business with the Indian outsourcer as it recovers from a financial scandal.