Tagged: mastercard

Cryptocurrency Purchases with Bank Cards Now Supported by MEXC Global

MEXC Global, which claims to be a leading digital asset and cryptocurrency trading platform, reveals that it has taken steps towards improving the process of crypto purchases by offering investors in 180 countries the option of buying cryptocurrencies using Visa or Mastercard. Visa and Mastercard… Read More

Open Banking Platform Spire Partners with Mastercard to Enhance Digital Financial Services

Spire, a GCC Open Banking services provider, has announced a partnership with Mastercard (NYSE: MA),  a technology leader in the global payments sector. The collaboration will “help banks revolutionize consumer engagement and enhance user experiences in the region by integrating Spire ‘Ingage’ and Mastercard’s Merchant… Read More

UK Payment Systems Regulator (PSR) Sets Out Details for Work on Card Fees

The Payment Systems Regulator (PSR) in the UK has set out its plans showing how it proposes “to carry out two market reviews focusing on card fees.” As noted in the update from PSR, one “looks at scheme and processing fees, and the other at… Read More

Mastercard Introduces Start Path Initiative for Ukrainian Fintech Firms

Mastercard (NYSE: MA) announced a new Start Path initiative that has been designed for Ukrainian Fintech firms and entrepreneurs “to enable Ukrainian startups to accelerate growth and contribute to the rebuilding of the country’s economy.” The initiative – announced at Money 20/20 Europe in Amsterdam… Read More

Mastercard Brings its Global Payments Network to NFTs, Web3 Ecosystem

Mastercard (NYSE: MA) recently noted that they believe the process of purchasing an NFT needs to be made a lot easier and safer. When that happens, customers get the things they want “with less stress and uncertainty,” according to Mastercard. For NFT creators, these changes… Read More

Cashplus Bank Introduces Digital Health Tool for UK SMEs with Mastercard

Cashplus Bank, the Fintech bank for UK-based small businesses, recently revealed that it has become the first UK bank to introduce a Mastercard-powered Digital Health Check tool for SMEs. The Digital Health Check, which will reportedly be available to the public for free, offers a… Read More

DFC and Mastercard to Support Financial Inclusion in Central America

On the margins of the Ninth Summit of the Americas, DFC and Mastercard (NYSE: MA) announced the first joint program in response to the Call to Action for Northern Central America the Vice President launched in May 2021. The Call to Action is designed “to… Read More

Apple Pay Later to be Managed by Apple, Advised by Goldman with More Fintech Coming

Apple Pay Later, Apple’s (NASDAQ:AAPL) entry into the buy now – pay later sector (BNPL), will be managed directly by an Apple subsidiary according to multiple reports. The news of the BNPL product was revealed during the WWDC keynote address earlier this week representing a… Read More

Edge Offers “Confidential Mastercard” for Bitcoin

Edge says it is launching a completely private, no KYC debit Mastercard in the US. The new card may be directly funded with Bitcoin, Bitcoin Cash, Dogecoin, Litecoin , and Dash. The announcement of the card was made at Consensus. The “confidential Mastercard” touts its… Read More

MENA Payments Provider HyperPay Raises $40 Million

  HyperPay, a payments provider located in Saudi Arabia but providing services across the MENA region, has raised $40 million (SAR 138M) in a funding round led by Mastercard (NYSE: MA) with the participation of Amwal Capital Partners and AB Ventures. Along with the investment… Read More

International Sales, Global Suppliers Key to Ensure Post COVID Business Recovery: Mastercard Report

Data from Mastercard’s (NYSE: MA) 2022 Borderless Payments Report has revealed “two in five (44%) global small and medium sized businesses (SMEs) fear they will never achieve the same revenue levels as before the pandemic, although online business and international sales offer a real lifeline.”… Read More

Mastercard, HyperPay to Expand Virtual Payment Channels across MENA Region

Mastercard (NYSE: MA), a tech leader in the international payments sector, has announced a strategic partnership Saudi Arabia-based HyperPay, which claims to be the fastest growing e-commerce payments services provider in the MENA region, in order to drive the adoption of digital payment solutions across… Read More

Mastercard Enhances Cybersecurity Consulting Practice with Cyber Front Threat Simulation Platform

With cybercrime expected to cost $10.5 trillion annually by 2025, innovating cybersecurity remains critical across industries “facing rapid digitization.” Mastercard (NYSE: MA) has announced the launch of new attack simulation and assessment platform Cyber Front, “enabled by a strategic minority investment in Picus Security.” The… Read More

Financial Wellbeing Platform Dreams and Mastercard to Offer Sustainable Banking Products

Dreams, the financial wellbeing platform and “leader” in engagement banking solutions has  announced a partnership with Mastercard (NYSE: MA) in order “to focus on delivering a suite of sustainable banking products for financial institutions designed to empower individuals to change their behavior for the better… Read More

Fintech Greenlight Announces Credit Card for Parents, 3% Cash Back to Auto-Invest

Greenlight Financial Technology, Inc., the Fintech firm on a mission to help parents raise financially-smart kids, recently announced the Greenlight Family Cash Mastercard, a credit card designed “to help parents save for their kids’ college and family’s future.” The Family Cash Card is the “first… Read More

Mitacs and Mastercard to Support Innovation in Cybersecurity

Mitacs and Mastercard (NYSE: MA) recently announced a partnership that will see some of the “best” and “brightest” from Canada’s academic institutions collaborate on projects “aimed at accelerating R&D and innovation in the field of cybersecurity at Mastercard.” Mastercard is investing $500,000 towards the development… Read More

Sustainability: New feature from Banco Santander Allows Clients to Measure Carbon Footprint

Santander (NYSE: SAN) claims to be the only company in Spain that “enables customers to purchase carbon credits on the ClimateTrade platform and Mastercard donation platform to offset their CO2 emissions.” 74% of its customers think sustainability “is of global importance, and 67% are calling… Read More

Mastercard Introduces Identity Tech with Microsoft to Help Consumers Transact Online

Mastercard (NYSE: MA) recently announced the launch of an “enhanced” identity solution designed to improve the online shopping experience and “tackle digital fraud” in a new collaboration with Microsoft Corp. (NASDAQ: MSFT). Now more than ever, delivering a “frictionless” shopping experience is critical “as retailers… Read More

Double Extortion Ransomware Increased Almost 500% in 2021, CipherTrace Reports

CipherTrace, a Mastercard Company, has reported a significant increase in the number of payments “made to ransomware groups in 2021.” The growth in this criminal enterprise “is so large that the first six months of 2021 saw payments that matched the whole of 2020.” With… Read More

Gemini Crypto Rewards Credit Card Now Available in the US

Gemini, a digital currency platform to buy, sell, earn, and store crypto, recently announced that the Gemini Credit CardTM is now available “in all 50 U.S. states.” Cardholders can “earn up to 3% crypto back on dining+, 2% crypto back on groceries, and 1% crypto… Read More

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