Tagged: mastercard

Mastercard & Doconomy Announces Extension of Collaboration to Combat Climate Change

Credit card giant Mastercard and fintech startup Doconomy announced on Tuesday they have extended their collaboration in order to combat climate change. The extension allows the ability for any Mastercard issuer to offer their cardholder the ability to track and understand their carbon footprint based… Read More

PayPal & Mastercard Announces Expansion of Instant Transfer to Singapore & Europe

PayPal and Mastercard recently announced the expansion of instant transfer service, Mastercard Send, to Mastercard cardholders in Singapore and a number of European countries. The duo claims that the service has been successful in the U.S. According to PayPal and Mastercard, Mastercard Send is described… Read More

Revolut and Mastercard Join to Help Repair Schools in Mozambique

Leading digital bank Revolut is partnering with Mastercard to help repair four schools destroyed by  Cyclone Idai in Mozambique. The charitable project is also in support of Universal Children’s Day. According to Revolut, customers are able to round up their spare change and donate the… Read More

Giant Payments Processor Mastercard’s Experience Centre to be Introduced at Singapore Fintech Festival

Giant payments processor Mastercard will be revealing its new experience center at the Singapore Fintech Festival, an event where clients and their partners to discuss business ideas, potential opportunities for working cooperatively to develop new products and for present innovative technology solutions. The Mastercard Experience… Read More

UK-based Merchant Services Platform Pollinate Goes Live After Receiving £60 Million in Funding from Mastercard, RBS, Others

London-based Pollinate, a company that offers a merchant services platform, has reportedly launched after receiving £60 million (appr. $77.6 million) in investments. The company’s financial backers included EFM Asset Management, Mastercard, Motive Partners, and the Royal Bank of Scotland (RBS). Founded in 2017, Pollinate provides… Read More

Largest US-based Retail Food Group Purchasing Organization to Test Mastercard’s Blockchain Tech to Streamline Operations

Topco Associates, the largest US-based retail food GPO (Group Purchasing Organization) and the third largest private firm in Illinois, is preparing to test Mastercard’s blockchain-based technology to streamline its operations. Topco is planning to pilot a traceability platform created by Envisible, a logistics company. According… Read More

Revolut to Soon Offer Mastercard Credit Cards to US Customers

Revolut has partnered with Mastercard to issue credit cards using the global network. According to a release from Revolut, the new deal will reach 210 countries and territories with he first cards hitting the US by the end of the year. Revolut is a UK… Read More

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

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