Tagged: mastercard

Mastercard Announces Acquisition of Fintech Platform Vyze

Mastercard (NYSE: MA) announced on Tuesday it has acquired Vyze, a technology platform that delivers more choice and purchasing power to people who want their point-of-sale payment options to match the flexibility and convenience of today’s shopping experiences. Mastercard reported: “Vyze shakes up traditional models… Read More

P2P Lender SoLo Funds Announces Mastercard Integration to Expand Access to Affordable Loans

SoLo Funds, a peer-to-peer lending platform that provides instant affordable access to loans,  announced on Thursday its new Mastercard integration, which enables users to link their debit bank accounts to the lender’s platform enabling faster, more seamless lending transactions under $1,000. SoLo Funds reported that… Read More

Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud

Just days after announcing its acquisition of global cross-border account-to-account money transfer network, Transfast, credit card giant Mastercard announced on Tuesday it has entered into an agreement to acquire Ethoca, a global provider of technology solutions that help merchants and card issuers collaborate in real-time… Read More

Mastercard Announces Acquisition of Transfast to Advance Cross-Border Capabilities

Mastercard (NYSE: MA) announced on Friday it has entered into an agreement to acquire Transfast, a global cross-border account-to-account money transfer network, to continue the advancement of its cross-border capabilities. Mastercard reported thatTransfast will complement its wide range of payment solutions by increasing worldwide connectivity… Read More

Mastercard Drops Name to Evolve Brand Mark

Mastercard announced on Monday it is dropping its name from its iconic brand mark in select contexts. The financial giant reported that the interlocking red and yellow circles, which is referred to as the Mastercard Symbol, will now stand on its own across cards using the… Read More

Danske Bank Now Offering Google Pay to Swedish, Norwegian, & Finnish Customers

Danske Bank recently announced its Danish, Swedish, Norwegian and Finnish customers with an Android phone are now able to add their Mastercard to Google Pay and make contactless payments. While sharing details about the Google Pay offering, Danske Bank stated: “A lot happens within the area of… Read More

Montreal Mobile Payment Startup Mobeewave Closes Series B Round Led by NewAlpha, Mastercard & Forestay Capital

Mobeewave, an in-person contactless payment acceptance platform, has closed a US$16.5M Series B funding round, led by NewAlpha Asset Management, Mastercard and Forestay Capital. The strategic funding will enable Mobeewave to continue to deploy in global markets and develop new product offerings. “We are delighted… Read More

Grab Teams Up With Mastercard to Offer Prepaid Credit Cards

Singapore-based ride-hailing company Grab has reportedly teamed up with financial giant Mastercard to launch its new prepaid credit cards. This news comes less than a month after Grab received its e-money license for mobile wallet service in the Philippines.  According to TechCrunch, the new deal with Mastercard will… Read More

On the Heels of MasterCard, Visa to Declare Forex, Binary, Crypto and ICO Purchases “High Risk,” Payment Channels to Crypto Exchanges Narrow

Starting in December, all payments sent by Visa users to forex, binary, crypto and ICO brokers will be designated “high risk,” Finance Magnates reports. Mastercard has already been imposing a similar designation since last April, when they extended the chargeback period for payments sent to “high-risk… Read More

Mastercard Teams Up With MTN Uganda & United Bank for Africa to Launch New Mobile Money Services in Uganda

Uganda

On Tuesday, Mastercard announced it has teamed up with MTN Uganda and United Bank for Africa (UBA) to launch a new mobile money service in Uganda.  The trio reported that through the new partnership MTN MoMo customers will use a virtual card to shop or make… Read More

Mastercard Partners With Microsoft to Launch Global Trade Platform “Mastercard Track”

Mastercard (NYSE: MA) announced earlier this week it has collaborated with  Microsoft (NASDAQ: MSFT) to launch Mastercard Track, which is described as a unique global trade platform that will simplify and enhance how companies around the world do business with each other. According to Mastercard, the new… Read More

Mastercard Teams Up With Entersekt to Enable All-In-One, Scan-To-Pay Feature Through Nedbank Money Mobile App

Credit card giant Mastercard has teamed up with mobile-first solution fintech Entersekt to enable Nedbank’s customers to make QR payments to Masterpass, [email protected], SnapScan, and Zapper merchants and bills through the Nedbank Money App. The companies claim that this all-in-one, scan-to-pay feature is a market-first development… Read More

Mastercard Granted Patent to Link Cryptocurrency With Fiat Accounts

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

Mastercard has reportedly been granted a patent to link cryptocurrency with Fiat accounts. According to its filing, the patent was created to manage fractional reserves of blockchain currency comprising: storing, in a first central account, at least a fiat amount associated with a fiat currency.  The company reported:… Read More

Elevate Unveils Prime Credit Card for Non-Prime Consumers

Elevate Credit, Inc. (Elevate), a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday the launch of its Today Card, powered by Mastercard, for non-prime consumers. According to Elevate, as the first non-prime credit card with a full suite of… Read More

Wirecard Extends Cooperation With Mastercard to Promote Contactless Wearable Payments on Garmin Pay

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced on Tuesday it has expanded its existing strategic cooperation with Mastercard to promote contactless wearable payments. The duo is cooperating among others with Garmin Pay and Wirecard reported that its services will be available in Germany… Read More

Mastercard Partners With U.S. Fintech Strands to Provide Issuing Banks With Digital Cash Management & Commercial Payment Tools Platform

On Monday, U.S. fintech startup Strands announced it is teaming up with Mastercard to provide issuing banks with an integrated platform of digital cash management and commercial payment tools that is specifically designed to benefit small-to-medium enterprises (SMEs). According to Strands, the Strands Business Financial… Read More

MatchMove Teams Up With tmu to Enable Contactless Prepaid Mastercard in South Asia

On Thursday, Asian fintech MatchMove announced it has enabled the first contactless prepaid Mastercard in South Asia. According to MatchMove, the new card is being issued by India’s Federal Bank, is distributed under the brand name tmw by The MobileWallet Pvt. Ltd, India’s first complete payment solution,… Read More

Alior Bank Partners with Raisin, solarisBank and Mastercard, Creating Digital Financial Ecosystem

EU coins money Europe

Alior Bank has announced a “pan-European collaboration” with Raisin, solarisBank and Mastercard. The four separate companies are seeking to create a new financial platform based on an open API model. This new model hopes to enable their clients “to benefit from truly open banking.” According… Read More

Adyen Shares IPO Intent & Syncs with Mastercard for Real Time Updates

Adyen, the Dutch payments platform that recently usurped PayPal’s reign at eBay, announced its direct API integration with the Mastercard Account Updater service. Qualified merchants processing with Adyen globally can now increase revenue from card-on-file payments by automatically updating Mastercard accounts in real time.The direct… Read More

Mastercard Announces Launch of New Fintech Initiative Called “Accelerate” (Infographic)

On Monday, credit card giant Mastercard announced the launch of its new initiative for fintech startups called Accelerate. According to Mastercard, the initiative is designed to support the ambitions of players in the FinTech sector through tailored support arrangements including access to insight, tools, technology, and… Read More

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