Archives

September 18, 2022 @ 9:37 pm By Omar Faridi  |  

This holiday season, U.S. retail sales excluding automotive are “expected to increase 7.1% year over year,” according to the Mastercard SpendingPulse annual holiday forecast. Mastercard SpendingPulse “measures in-store and online retail sales across all forms of payment.” It is “not adjusted for inflation.” The holiday… Read More

September 14, 2022 @ 9:44 pm By Omar Faridi  |  

Copenhagen has a strong fintech ecosystem and a “leading” position among fintech hubs globally, according to an update from Mastercard (NYSE: MA). The hub connects both start-ups, established companies and organizations “focusing on innovation and new opportunities.” Mastercard is “committed to empowering the growing fintech… Read More

September 4, 2022 @ 10:58 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Ajman Bank have strengthened their commitment to inclusion through a new initiative “designed to expand access to the digital economy.” The Touch Card is “an accessible payment card that will allow blind and partially sighted people to easily facilitate payments and… Read More

August 21, 2022 @ 5:37 pm By Omar Faridi  |  

Enfuce is pleased to confirm an extended partnership with Mastercard (NYSE: MA) in order to expand the company’s Card as a Service platform in the Nordics. Through the partnership, Mastercard powers Card as a Service “with tokenized multi-currency BINs in the Nordics, enabling Enfuce’s customers… Read More

August 4, 2022 @ 10:58 am By Omar Faridi  |  

Fintech Automation (FTA) announces it has been “selected as one of the technology partners for open banking within Mastercard’s Engage partner network.” The Engage program has “developed a network to provide businesses easy access to technology partners that can quickly build and deploy open banking… Read More

July 26, 2022 @ 10:33 pm By Omar Faridi  |  

Mastercard  (NYSE: MA) announced that Ellen Jackowski will join the company as Chief Sustainability Officer “starting July 25, 2022.” In this role, she will be “instrumental in further integrating Mastercard’s Environmental, Social and Governance (ESG) strategy into the organization.” Mike Froman, vice chairman and president… Read More

July 16, 2022 @ 9:27 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently announced an expansion of its Engage partner network to include its open banking services, “offering customers easy access to several technology partners that can quickly build and deploy open banking solutions for payments and lending decisioning at scale.” According to Mastercard’s… Read More

July 16, 2022 @ 4:19 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is expanding its Start Path startup engagement program to include seven early and late-stage startups “hailing from the United States, Canada and Latin America.” Carbon Neutral Club, Guava, oneKIN, Palla, SUMA Wealth, Truora and Yunit are the newest Start Path companies that… Read More

July 14, 2022 @ 10:30 pm By JD Alois  |  

Fasset Technologies Limited has partnered with Mastercard to expand financial services in Indonesia and create opportunities for underserved consumers The announcement follows Fasset’s $22 million Series A from this past April. According to a statement from Fasset, the companies will join in digitizing banking services… Read More

July 11, 2022 @ 11:28 am By Omar Faridi  |  

Mastercard (NYSE: MA) has introduced WhereToStay.com – an online platform which, basing on data on average housing costs and average wages from Central Statistical Office (Główny Urząd Statystyczny), aggregated with spending trends of everyday purchases, from Mastercard, “determine the approximate cost of living in various… Read More

July 6, 2022 @ 4:08 pm By Omar Faridi  |  

Paytrail and Mastercard’s (NYSE: MA) partnership via Aiia, an Open Banking platform, is now supporting over 1 million open banking payments every month. Paytrail and Aiia have reportedly been working together since 2019, as they focus on supporting Open Banking enabled payments via digital commerce… Read More

June 14, 2022 @ 8:09 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced a new Start Path initiative that has been designed for Ukrainian Fintech firms and entrepreneurs “to enable Ukrainian startups to accelerate growth and contribute to the rebuilding of the country’s economy.” The initiative – announced at Money 20/20 Europe in Amsterdam… Read More

June 12, 2022 @ 2:48 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently noted that they believe the process of purchasing an NFT needs to be made a lot easier and safer. When that happens, customers get the things they want “with less stress and uncertainty,” according to Mastercard. For NFT creators, these changes… Read More

June 11, 2022 @ 1:59 pm By Omar Faridi  |  

Cashplus Bank, the Fintech bank for UK-based small businesses, recently revealed that it has become the first UK bank to introduce a Mastercard-powered Digital Health Check tool for SMEs. The Digital Health Check, which will reportedly be available to the public for free, offers a… Read More

June 10, 2022 @ 3:56 pm By Omar Faridi  |  

Thought Machine, the Cloud-native banking tech firm, has launched Vault Payments: a new, cloud-native cards and payments processing platform. Launching with card processing on the Mastercard network, Vault Payments has been built from scratch “as a cloud-native payments processing platform – ensuring the platform is… Read More

June 10, 2022 @ 11:53 am By Omar Faridi  |  

On the margins of the Ninth Summit of the Americas, DFC and Mastercard (NYSE: MA) announced the first joint program in response to the Call to Action for Northern Central America the Vice President launched in May 2021. The Call to Action is designed “to… Read More

June 8, 2022 @ 7:00 am By JD Alois  |  

Edge says it is launching a completely private, no KYC debit Mastercard in the US. The new card may be directly funded with Bitcoin, Bitcoin Cash, Dogecoin, Litecoin , and Dash. The announcement of the card was made at Consensus. The “confidential Mastercard” touts its… Read More

May 30, 2022 @ 7:12 pm By Omar Faridi  |  

Data from Mastercard’s (NYSE: MA) 2022 Borderless Payments Report has revealed “two in five (44%) global small and medium sized businesses (SMEs) fear they will never achieve the same revenue levels as before the pandemic, although online business and international sales offer a real lifeline.”… Read More

May 27, 2022 @ 6:41 pm By Omar Faridi  |  

Mastercard (NYSE: MA), a tech leader in the international payments sector, has announced a strategic partnership Saudi Arabia-based HyperPay, which claims to be the fastest growing e-commerce payments services provider in the MENA region, in order to drive the adoption of digital payment solutions across… Read More

May 25, 2022 @ 2:31 pm By Omar Faridi  |  

With cybercrime expected to cost $10.5 trillion annually by 2025, innovating cybersecurity remains critical across industries “facing rapid digitization.” Mastercard (NYSE: MA) has announced the launch of new attack simulation and assessment platform Cyber Front, “enabled by a strategic minority investment in Picus Security.” The… Read More