Tagged: mastercard

UK’s Royal Mint Partners With Mastercard to Launch £18,750 Gold Payment Card

UK’s Royal Mint has developed a solid gold payment card that’s priced at £18,750 (appr. $23,460). Royal Mint is a government-owned firm that is tasked with minting coins for the UK. The company noted that it partnered with Mastercard and payments technology firm Accomplish Financial… Read More

PayPal Exits Facebook’s Controversial Stablecoin Project Libra

Paypal, one of the founding members of the Libra Association, has exited the controversial stablecoin project.  Earlier, the Financial Times reported that the digital payments giant PayPal might be pulling out of the Facebook-led cryptocurrency project due to regulatory issues. This afternoon, WSJ.com has confirmed… Read More

Report: Prominent Libra Association Members Now Hesitant About Officially Endorsing Facebook’s Currency Project

Officials at Visa, Mastercard, PayPal, and Stripe are reportedly hesitating now about officially signing on as members of the Libra Association, a governance consortium assembled by Facebook to advise on its proposed private, in-app currency system, Libra. The 28 current members of the Libra Association are reportedly being asked… Read More

Mastercard is Piloting Digital Payments for Garment Factory Employees With Levi’s and Marks & Spencer

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

Mastercard to Offer Blockchain based Payments in Partnership with R3 Using Corda, Crypto Industry Provides Comments

Mastercard (NYSE: MA) has announced a new partnership with R3 to use their Corda platform to power blockchain-based cross border payments. Corda is a permissioned blockchain that has the support of multiple financial services firms and has been experiencing additional traction. The partnership is said… Read More

Mastercard Partners With R3 to Develop Blockchain-Powered Cross-Border Payment Solution

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

Fintech Unicorn TransferWise Launches Debit Mastercard in Australia & New Zealand

Fintech Unicorn and stealth bank Transferwise announced on Wednesday it is launching its debit Mastercard services in Australia and New Zealand.  Transferwise reported that its Platinum debit Mastercard has helped more than 250,000 in the UK, the U.S., and Europe avoid hidden bank fees when… Read More

Mastercard Now Offering Salesforce Essentials For Small Business Owners

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

Mastercard Teams Up With OpenText For Financial Processes Across Global Supply Chains Starting in the Auto Industry

OpenText (NASDAQ: OTEX) (TSX: OTEX), a global enterprise information management (EIM) company, announced on Thursday it has formed a new partnership with Mastercard (NYSE: MA) to help companies increase financial efficiencies across global supply chains, starting in the automotive industry. According to OpenText, the collaboration… Read More

Mastercard Expands Collaboration With Zoho For Small Business Tools

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

Mastercard Announces Completion of Transfast Acquisition

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

Fintech Unicorn & Stealth Bank TransferWise Launches Debit Mastercard in the U.S.

Fintech Unicorn and stealth bank Transferwise announced on Tuesday it has launched its debit Mastercard in the U.S.  It was revealed that TransferWise debit Mastercard was built specifically for people “without borders.” TransferWire further explained: “The TransferWise debit Mastercard can be up to 4x cheaper… Read More

Nordea Partners With Fidesmo Pay to Bring Service to Swedish Mastercard Holders

Nordea Bank and Fidesmo announced on Thursday they are offering Fidesmo Pay to Nordea Mastercard holders in Sweden. According to the duo, Fidesmo Pay will be available for all customers with the bank’s Mastercard. The companies also revealed: “Wearables that connect with Fidesmo, provided by… Read More

Tribe Payments Receives Mastercard Certification

Payments platform Tribe Payments announced on Wednesday it received certification from Mastercard as an issuer and acquirer processor across Europe. According to Tribe, the certification means that the platform’s customers, which are banks, challengers, and fintechs that offer payment services to merchants and consumers, may… Read More

Yoyo Teams Up With Mastercard to Bring Pay by Bank App to Banking & Retail Customers

Payments and loyalty fintech  Yoyo announced on Tuesday it has formed a new partnership with Mastercard to offer the Pay by Bank mobile app to banking and retail customers. The duo reported that the initial availability for in-app purchases with Yoyo retailers, for the first… Read More

Mastercard Announces Expansion of Digital Identity Commitment With Samsung

Mastercard (NYSE: MA) announced on Tuesday it will team up with Samsung to explore and offer a new way for consumers to conveniently and securely verify their digital identity on mobile devices. While sharing more details about the collaboration, Ajay Bhalla, president of cyber &… Read More

Mastercard Launches New Digital Platform to Integrate Fintech Solutions & Mastercard Capabilities

Mastercard (NYSE: MA) announced on Tuesday the launch of the Mastercard Innovation Engine, which is described as an API based digital platform that enables issuers and merchants a simplified path to rapidly deploying digital capabilities and experiences to their customers. According to Mastercard, the plug-and-play… Read More

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

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