April 16, 2019 @ 12:42 pm By Samantha Hurst  |  

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

April 4, 2019 @ 3:04 pm By Samantha Hurst  |  

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

March 12, 2019 @ 2:17 pm By Samantha Hurst  |  

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

March 11, 2019 @ 3:55 pm By Samantha Hurst  |  

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

January 7, 2019 @ 12:36 pm By Samantha Hurst  |  

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

December 18, 2018 @ 4:39 pm By Samantha Hurst  |  

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

November 15, 2018 @ 6:29 am By Erin Hobey  |  

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

October 25, 2018 @ 12:00 pm By Samantha Hurst  |  

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

October 15, 2018 @ 10:59 am By Cali Haan  |  

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

September 25, 2018 @ 9:44 am By Samantha Hurst  |  

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

September 14, 2018 @ 10:25 am By Samantha Hurst  |  

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

August 2, 2018 @ 8:43 am By Samantha Hurst  |  

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

July 19, 2018 @ 1:00 pm By Samantha Hurst  |  

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

July 19, 2018 @ 9:31 am By Samantha Hurst  |  

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

July 17, 2018 @ 3:54 pm By Samantha Hurst  |  

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

July 9, 2018 @ 3:20 pm By Samantha Hurst  |  

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

June 22, 2018 @ 12:00 pm By Samantha Hurst  |  

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

June 15, 2018 @ 9:40 am By JD Alois  |  

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

June 5, 2018 @ 9:33 am By Erin Hobey  |  

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

May 21, 2018 @ 10:44 am By Samantha Hurst  |  

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