Archives

April 7, 2021 @ 1:28 pm By Samantha Hurst  |  

    Opportunity Financial, LLC (OppFi), a U.S.-based fintech platform that powers banks to help the everyday consumer gain access to credit, announced on Wednesday it has joined forces with Mastercard, First Electronic Bank and Deserve to launch OppFi Card, which is a new mobile-first credit… Read More

March 11, 2021 @ 7:54 am By Samantha Hurst  |  

Payoneer Inc., the global payment and commerce-enabling platform, announced on Wednesday it has joined forces with Mastercard to launch the Payoneer Digital Purchasing Mastercard, which is a tailor-made purchase card specifically for small to mid-sized businesses, eCommerce sellers, and freelancers worldwide. Payoneer reported that through… Read More

February 11, 2021 @ 3:14 pm By Samantha Hurst  |  

  Mastercard announced on Wednesday it is set to bring cryptocurrency to its network. The financial giant reported that this is a big change that will require a lot of work and it will be very thoughtful about which assets we support based on its principles… Read More

February 9, 2021 @ 11:02 am By Samantha Hurst  |  

    Clair, a U.S.-based social impact embedded fintech startup, announced on Tuesday the rollout of its new Mastercard debit card. The card was specifically created to provide financial wellness for American non-exempt workers.  Clair reported that users who sign up for its platform will… Read More

January 24, 2021 @ 10:28 pm By Omar Faridi  |  

Mastercard has partnered with UAE-headquartered PSP Network International in order to introduce a digital platform with the goal of promoting the adoption of virtual payments across the MENA region. With this new digital platform going live this month, Network International plans to help its customers… Read More

November 17, 2020 @ 1:55 pm By Samantha Hurst  |  

Mastercard announced on Tuesday it will extend the Google Pay service to cardholders across Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal, and Romania together with its issuing partners. Mastercard reported that with Google Pay, users with eligible Android devices will be able to… Read More

November 16, 2020 @ 1:21 pm By Samantha Hurst  |  

  Mastercard announced on Monday the addition of Account-to-Account (A2A) payments functionality to Mastercard Track Business Payment Service. According to Mastercard, the Track Business Payment Service gives businesses greater control of their payments and supports rich data exchanges and the ability to automate payments without… Read More

November 11, 2020 @ 8:19 pm By Omar Faridi  |  

Ajay Bhalla, President, Cyber and Intelligence Solutions, Mastercard (NYSE:MC), has confirmed that the payments giant has joined the Lumedic Exchange in order to lay the foundation for a “trusted, more secure, and patient-centric way” for interacting with healthcare providers. Bhalia noted: “Mastercard has come together with… Read More

October 31, 2020 @ 11:45 am By Omar Faridi  |  

Ajay Bhalla, President, Cyber and Intelligence Solutions, Mastercard (NYSE:MC), confirms that the payments giant is using artificial intelligence (AI) as “the first line of defense” to help the service provider detect cyberattacks, hacks and other types of security breaches. Last year, Mastercard reportedly saved its stakeholders… Read More

October 22, 2020 @ 11:32 pm By Omar Faridi  |  

Ajay Bhalla, President, Cyber and Intelligence Solutions, Mastercard, notes that artificial intelligence (AI) algorithms are part of the payment company’s “first line of defense” in protecting over 75 billion transactions that Mastercard processes on its network every year. Bhalia recently revealed the different ways that… Read More

October 21, 2020 @ 9:16 pm By Omar Faridi  |  

Mastercard, IDEMIA, and MatchMove will be piloting a fingerprint biometric card in Asia in order to improve the security and safety of contactless payments. According to a release, Mastercard will be partnering with IDEMIA, which offers “Augmented Identity” solutions, and MatchMove, a Singapore-based Fintech firm…. Read More

October 12, 2020 @ 8:00 am By Omar Faridi  |  

The COVID-19 outbreak has accelerated the shift towards the increased use of all-digital platforms and services by consumers across the globe. Ajay Bhalla, president of Cyber and Intelligence for Mastercard, says that the “new normal” is not a new development anymore and that we need… Read More

September 30, 2020 @ 8:26 pm By Omar Faridi  |  

Payments giant Mastercard is planning to encourage businesses to load up their logos to a website that’s being managed by Ethoca, an online fraud prevention platform. Mastercard is hoping to improve the dispute resolution process by having merchants upload their official logos to the site…. Read More

September 22, 2020 @ 6:36 pm By Omar Faridi  |  

Payments technology giant MasterCard has teamed up with Pakistan-based Silk bank to expand credit card issuance options in the country. This could help increase the purchasing power of local residents and promote digital payment adoption as well. Through the partnership, Silk Bank customers in Pakistan… Read More

September 9, 2020 @ 10:25 pm By Omar Faridi  |  

Payments giant Mastercard has teamed up with the Qatar Development Bank (QDB) in order to support the ongoing development of the nation’s Fintech sector. Through the partnership, Mastercard and QDB will support the Qatar Fintech Hub (QFTH), which is a technology ecosystem that aims to… Read More

September 9, 2020 @ 11:43 am By Samantha Hurst  |  

  Mastercard announced on Wednesday it has launched a central bank digital currencies (CBDCs) testing platform to enable central banks to assess and explore national digital currencies. According to Mastercard, CBDCs are designed to be equivalent in value to a nation’s paper currency and subject… Read More

September 3, 2020 @ 9:15 am By Omar Faridi  |  

The global COVID-19 pandemic has led to significantly more consumers looking for better and flexible payment options, meanwhile, payment card issuers and merchants are focused on providing cardholders with the best choices, control and simplicity at the time of checkout. Payments giant Mastercard (NYSE: MA)… Read More

August 14, 2020 @ 8:05 am By Samantha Hurst  |  

Mastercard announced on Friday it has formed a global commercial partnership with merchant software platform, Pollinate. Through the collaboration, the duo will reportedly bring the latest technology and data insights to banks serving small and medium businesses around the world. In a statement, the companies… Read More

August 13, 2020 @ 10:40 pm By Samantha Hurst  |  

 Mastercard announced earlier this week it has a new low-cost payment solution, called SME-in-a-Box,  to allow small business owners to move their businesses online and accept a range of digital payments from their customers. According to Mastercard, SME in a Box offers a low-cost acceptance… Read More

August 12, 2020 @ 11:26 am By Samantha Hurst  |  

Mastercard announced on Wednesday the expansion of its Accelerate fintech portfolio by adding entrepreneurs to its startup engagement program Start Path and more technology partners to its Engage network. The additions are to provide access to expert engineers and specialists that may help customers deploy new services… Read More