Tagged: mastercard

October 22, 2021 @ 9:18 am By Omar Faridi  |  

Payment solutions provider Mastercard (NYSE: MA) has entered into a partnership agreement with Demica in order to introduce a supply chain finance capability within Track Business Payment Service (Track BPS). This should enable improved access to “flexible working capital for buyers and suppliers.” As mentioned… Read More

October 19, 2021 @ 9:41 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Previse announced on October 18, 2021 the integration of Mastercard Cross-Border Services – an international push payments platform that allows funds to be sent seamlessly, securely and with “certainty” to any account – into Previse’s InstantPay platform. The collaboration will “enable… Read More

October 17, 2021 @ 7:17 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Grab, which is Southeast Asia’s leading “Super App” provider, announced on October 14, 2021, a regional partnership to support digital and financial inclusion in the region. This partnership will aim to offer millions of informal workers and small businesses on the… Read More

October 11, 2021 @ 10:42 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Citi (NYSE: C) have formed a new partnership in order to support local residents and small businesses via greater public-private sector collaboration. Through City Possible, Mastercard’s partnership and co-creation framework for cities, the two international firms will aim to “bring their… Read More

October 6, 2021 @ 8:08 pm By Tony Zerucha  |  

The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

October 6, 2021 @ 2:43 pm By Tony Zerucha  |  

Canadian cryptocurrency trading platform Coinberry this week named Abhijeet Roy as their new chief technology officer. Before joining Coinberry Roy held leadership positions at MicroStrategy, a provider of enterprise analytics, and one of the largest holders of Bitcoin in the technology sector. Roy brings more… Read More

September 29, 2021 @ 10:46 am By Omar Faridi  |  

Mastercard (NYSE: MA) says it’s “reinventing” installments in order to give clients more payment options wherever they make purchases. According to an announcement from the payments giant, Mastercard Installments BNPL program will be introduced in the US, Australia, and the UK markets. The payments company… Read More

September 23, 2021 @ 8:36 am By JD Alois  |  

Mastercard has announced the launch of Strive UK a project designed to assist micro and smaller firms adapt to the ongoing digital transformation. An initiative created by the Mastercard Center for Inclusive Growth, the program aims to empower SMEs in the UK to succeed in… Read More

September 17, 2021 @ 8:20 am By Omar Faridi  |  

Form3, the platform payment tech provider, has revealed that its Series C investment funding of $160 million has been finalized. Form3‘s investment round has been led by the Growth Equity business within Goldman Sachs Asset Management and included contributions from existing investors. This brings the… Read More

September 14, 2021 @ 10:16 pm By Omar Faridi  |  

To ensure that individual consumers, families, and companies have near-instant access to insurance funds to deal with unexpected situations or emergencies, One Inc, a digital payments network for the insurance sector, reveals that it intends to disburse claims via Mastercard virtual cards and Mastercard Send…. Read More

September 9, 2021 @ 8:28 pm By JD Alois  |  

MasterCard (NYSE: MA)  will acquire CipherTrace a top digital asset firm focused on tracking, data, and security, for an undisclosed amount. CipherTrace currently works with many top banks and other financial institutions to provide solutions for some of the largest banks, exchanges, and other financial… Read More

September 3, 2021 @ 8:18 am By Omar Faridi  |  

Major brands in the Open Banking space have unveiled a new challenge: The VRP Hackathon. It’s organized by Open Future World, Ozone and UK Finance and supported by Accenture, Mastercard, VOLT and Worldpay from FIS. Until now, Open Banking has mainly been focused on settling… Read More

August 23, 2021 @ 10:08 pm By Omar Faridi  |  

Philippines-based Tonik, a virtual banking platform that was recently awarded an operational license by the Bangko Sentral ng Pilipinas (BSP), has introduced a physical debit cards for its customers. Tonik bank clients are now able to order physical debit cards via an easy-to-use app, and… Read More

August 17, 2021 @ 4:44 pm By Tony Zerucha  |  

PayU, this week announced its controlled company Red Dot Payment, a Southeast Asia-focused online payment solutions provider, has received direct acquiring licenses and connectivity to Visa and Mastercard. The expansion of PayU’s offering in South East Asia with Red Dot Payment’s direct credit card acquiring… Read More

August 17, 2021 @ 4:38 pm By Omar Faridi  |  

Walgreens (Nasdaq: WBA) has rolled out the new myWalgreens Credit Card program, which  features two “industry-first” retail health and wellness credit cards that have been issued by Synchrony Bank (NYSE: SYF). The myWalgreens Mastercard and the myWalgreens card will be offering more personalized wellbeing choices…. Read More

August 13, 2021 @ 3:32 pm By Omar Faridi  |  

Global startup engagement program Mastercard Start Path is welcoming 11 Fintechs to receive dedicated support, access to clients and product development teams, and opportunities to engage in innovative projects. Finmod, Flourish Savings, GenEQTY, Karri, KeyChain Pay, Kwara, Layer, Osper, Swap, upSWOT and Wellthi have reportedly… Read More

August 9, 2021 @ 3:41 pm By Omar Faridi  |  

Bitcoin’s (BTC) usage growth during the last 10 years has been “strong” and “steady,” and on this journey, from its “humble” beginnings, the flagship crypto has progressed through various phases of “differing usage,” according to a new report from CoinShares. Starting as a “worthless geeky… Read More

August 5, 2021 @ 10:19 pm By Omar Faridi  |  

Synapse, a banking-as-a-service or BaaS platform developed to increase access to “best-in-class” financial products, has introduced the Synapse Credit Hub, which is described as a full-stack API platform created to support “innovative” credit solutions for individuals and businesses, by leveraging the Mastercard network. As explained… Read More

July 27, 2021 @ 11:55 am By Omar Faridi  |  

Lloyds Bank Commercial Banking will be utilizing Mastercard’s Open Banking merchant payment solution to launch PayFrom Bank. The solution allows people to carry out online payments directly from their bank accounts, giving customers more choice over “how they pay” while providing merchants with “instant settlement… Read More

July 15, 2021 @ 7:50 pm By Omar Faridi  |  

The Reserve Bank of India (RBI) revealed on Wednesday (July 14, 2021) that it has decided to indefinitely ban Mastercard Inc (NYSE: MA) from providing any new debit or credit cards to local clients for allegedly violating data storage guidelines. This move appears to be… Read More