Tagged: mastercard

Fintech Nexi and Mastercard to Enhance Open Banking Payments Across Europe

Nexi and Mastercard (NYSE: MA) have teamed up to advance Open Banking Payments Across Europe. Mastercard’s open banking technology to “enable more choice and power seamless, secure digital payments across Europe in partnership with Nexi.” Nexi has chosen Mastercard as its strategic partner “across Europe… Read More

Uber Teams Up with Mastercard and Payfare to Launch Uber Pro Card in Canada

Uber (NYSE: UBER) announced a new partnership with Mastercard and Payfare to launch the Uber Pro Card, providing free instant payouts after every trip or delivery1 and enhanced loyalty features for drivers and delivery people on the Uber platform in Canada, powered by Payfare’s leading… Read More

Mastercard Open Banking Streamlines Debit and Digital Account Opening Services

Mastercard (NYSE: MA) announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumers and small business debit issuers as well as consumer prepaid issuers in the U.S. The program improves the digital… Read More

Mastercard and Loop to Launch Payment Solutions in Saudi Arabia

Mastercard (NYSE: MA) has partnered with Loop, a digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions. The partnership will see Loop “expand its portfolio, enhance its… Read More

Fintech Firm Episode Six to Join Mastercard Engage Program for Instalments in Europe

Building upon its initial enrolment in the Mastercard Engage Program, Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, announced it has been selected to join the Mastercard Engage Program for its instalments solution in Europe. Despite the challenging economic environment… Read More

Mastercard and Egyptian Banks Company to Support Digital Payments and Enable Inclusive Economic Development

Mastercard (NYSE: MA) collaborates with the Egyptian Banks Company (EBC), the advanced payments network and domestic operator in Egypt. The collaboration marks a significant step “towards fostering sustainable economic growth activities, further enhancing the digital payments landscape and driving inclusive economic development in Egypt.” Earlier,… Read More

NovoPayment, a Payments Infrastructure Provider, Obtains Mastercard Certification

NovoPayment, a mission-critical financial and payments infrastructure provider, announced today that it has received Mastercard certification, as part of the Mastercard Network Enablement Partner program, to switch and process Mastercard transactions in Mexico. The Network Enablement Partner (NEP) program is “a Mastercard initiative that enables… Read More

Mastercard and The Clearing House (TCH) Enter Extended Partnership, Will Support Real-Time Payments

Mastercard (NYSE: MA) and The Clearing House (TCH) have announced an extended multi-year partnership, bringing the companies together to collaborate on innovative capabilities for consumers, businesses and governments “to evolve and embrace the digital economy through real-time payments (RTP) adoption on the RTP network.” The… Read More

Fidesmo Integrates to Mastercard’s Token Connect, Teams Up with German Neobank VIMpay

Fidesmo, a key player focused on providing secure and convenient contactless services, is pleased to announce the completion of its integration between Fidesmo Pay and Mastercard’s Token Connect service, also known as MDES Token Connect. This partnership sets the stage “for a new level of… Read More

Mastercard to Unlock Efficiencies in B2B Healthcare Payments via New Partnership

Mastercard (NYSE: MA) says that it is focused on unlocking efficiencies in B2B healthcare payments through innovative partnership As noted in an update from Mastercard, the firm will assist with “scaling the use of virtual cards to bring faster payments and reconciliation to healthcare providers… Read More

Fintech Firm Andaria and Mastercard to Enable Embedded Finance Services

Andaria, a fintech company, is pleased to announce its collaboration with Mastercard (NYSE: MA) to empower its embedded finance proposition. This alliance with Mastercard signifies a considered to be “a major milestone and a pivotal role in Andaria’s mission to enhance the quality of its… Read More

US Retail Sales Increased Significantly YoY this Holiday Period – Mastercard Consumer Spending Insights

According to preliminary insights from Mastercard SpendingPulse, U.S. retail sales excluding automotive “increased +3.1% year over year this holiday season, running from November 1 through December 24.” Mastercard SpendingPulse from Mastercard (NYSE: MA) reportedly “measures in-store and online retail sales across all forms of payment… Read More

Mastercard and WestJet Continue Supporting Seamless Travel Experience for Canadians

Mastercard (NYSE: MA) and WestJet announce the long-term extension of their partnership agreement, expanding beyond powering transactions by “innovating the travel and purchasing experience for customers while always prioritizing security and trust.” The deepening of the partnership showcases “the progression of each companies’ evolution in… Read More

Warply, Mastercard Form Strategic Alliance to Boost Fintech in MENA Region

Warply, a rapidly expanding fintech innovator in the Middle East and North Africa (MENA) region, has announced a significant collaboration with global payments technology company Mastercard. This partnership, formalized through a memorandum of understanding (MoU), is set to propel digital transformation in key MENA markets,… Read More

Mastercard Strive Provides Nearly $2M in Grants to Innovative Organizations Supporting Small Businesses

The Mastercard Center for Inclusive Growth announced the newest grant recipients of the Mastercard Strive Innovation Fund, with nearly $2 million in grants distributed globally. Mastercard Strive supports early-stage solutions “with the potential to drive outsized impact for small businesses in the categories of sustainability,… Read More

Mastercard Study Reveals Latin American Payment Preferences

This week, Mastercard released findings of its study of Latin American consumer payment preferences. The announcement was part of the Mastercard LAC Innovation Forum. Over the past few years, the use of various alternative payment methods has increased; 77% of consumers have used electronic payments, with… Read More

Feedzai, Mastercard Launch Crypto Fraud Protection Solution

Feedzai, a financial crime and risk management solution, and Mastercard are combining technologies to increase crypto fraud protection for hundreds of millions of consumers. Today, an estimated 40% of scam transactions exit directly from a bank account to a crypto exchange. According to Feedzai’s recent… Read More

Mastercard JV Approved to Begin Local Payments Processing in China

Mastercard (NYSE: MA) announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) in order “to commence domestic bankcard clearing activity in China.”… Read More

Mastercard, NEC to Enable In-Store Biometric Payments

The partnership will bring the Biometric Checkout Program to the Asia Pacific region, expanding reach across the globe In an everchanging digital environment, merchants and consumers are “looking for more seamless, secure, and innovative checkout experiences.” Now, the trusted technology that “uses your face to… Read More

Identity Verification Firm IDVerse Offers Mastercard Engage Partner Program, An Inclusive “Digital First” Experience

Digital ID verification company IDVerse (previously known as OCR Labs Global) today announces joining the Mastercard Engage partner program in order “to offer a fully automated identity verification solution to Mastercard customers.” IDVerse’s technology enables Mastercard “to reach a wider range of connected devices by… Read More

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