Archives

January 31, 2020 @ 10:35 am By Omar Faridi  |  

Denmark-headquartered Pleo, a smart payment card issuer, has confirmed that it’s introducing a new credit card by teaming up with Mastercard and J.P. Morgan, the largest bank in the US. Pleo’s management says that the new product offering is expected to replace the firm’s older… Read More

January 24, 2020 @ 10:10 pm By Samantha Hurst  |  

Mastercard announced on Thursday its new Intelligence and Cyber Center. The center, which is located in Vancouver, Canada. is expected to expand the multinational financial services giant’s Canadian presence by creating and maintaining a total of 380 jobs, and accelerate innovation in digital and cybersecurity,… Read More

September 27, 2019 @ 10:56 am By Omar Faridi  |  

Mastercard has announced the launch of a pilot program that involves helping garment factory workers transition from using cash to receiving digital wage payments. Sue Kelsey, executive vice president, prepaid solutions, Mastercard, stated in a press release: “At Mastercard, our vision is to ultimately build… Read More

September 11, 2019 @ 12:38 pm By Samantha Hurst  |  

Mastercard announced on Wednesday it is teaming up with enterprise blockchain software provider R3 to develop and pilot a new blockchain-enabled cross-border payment solution. According to Mastercard, the solution will initially focus on connecting global faster payments infrastructures, as well as schemes and banks supported… Read More

August 6, 2019 @ 8:11 am By Samantha Hurst  |  

Mastercard announced on Monday it is offering Salesforce essentials to its small business program. According to Mastercard, the benefits, which are now available across both Mastercard Business and Mastercard Business World Elite offerings in the U.S., will help small business owners “booster their daily hustle.”… Read More

July 11, 2019 @ 2:19 pm By Samantha Hurst  |  

Mastercard announced on Thursday it is expanding its partnership with cloud-based platform Zoho to bring small business owners around the world products and services to make running their enterprise easier, more efficient and more profitable. “Every business is on a quest to increase efficiency and… Read More

July 9, 2019 @ 8:18 am By Samantha Hurst  |  

Mastercard announced on Tuesday the completion of the acquisition of Transfast, a global payments company with significant cross-border network reach. Mastercard reported that it originally declared the intent to buy Transfast earlier this year and that the acquisition builds on its strength in payments and… Read More

May 20, 2015 @ 9:25 am By Erin Hobey  |  

Financial services giant MasterCard made its official entrance into the person-to-person payments business, according to Natalie Gagliordi for ZDNet. The company announced the launch of MasterCard Money Send, a near real-time P2P digital payments service that securely transfers funds domestically and internationally. Shopping site FreeShipping.com and Berkshire Hathaway Travel… Read More