Tagged: mastercard

Mastercard Supports Canadian Small Businesses with New Funding

Mastercard (NYSE: MA) has recently unveiled the newest recipients of the Mastercard x Pier Five Small Business Fund. The Fund grants $10,000 CAD to 10 Canadian women small business owners alongside “support to grow and scale their businesses.” Recipients receive a Priceless experience in Toronto… Read More

Mastercard and Northeastern University to Accelerate Cybersecurity Innovation and Expand Canada’s Tech Workforce

Mastercard (NYSE: MA) is partnering with Northeastern University in Vancouver to accelerate cybersecurity innovation and expand Canada’s technology workforce. Through 715,000 CAD, the collab will establish the Mastercard Professorship Fund and the Mastercard Vancouver Scholarship, initiatives designed to advance research and create “opportunities for women, BIPOC… Read More

Report Tauts Payments with Cards-as-a-Service

Paymentology, audax, and Mastercard have joined to publish a report on Cards-as-a-Service (CaaS). The report is entitled; “Understanding Cards-as-a-Service (CaaS) and the Power of Strategic Partnerships.” The trio described CaaS as transformative, allowing Fintechs, banks, and more to become “distributors of payment services” and generating… Read More

Mastercard and Dgpays to Enable Digital Payments Innovation in EEMEA Region

Mastercard (NYSE: MA) has announced a partnership with Dgpays, a financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across the EEMEA region. As part of the partnership, Mastercard and Dgpays will co-develop payment technologies and loyalty solutions tailored… Read More

US Consumer Spending Report: Retail Sales Increased Nearly 4% YoY

According to preliminary insights from Mastercard (NYSE: MA)  SpendingPulse, U.S. retail sales excluding automotive increased 3.8% YoY from Nov 1 through Dec 24. Mastercard SpendingPulse reportedly measures in-store and online retail sales, representing “all payment types and is not adjusted for inflation.” Michelle Meyer, chief… Read More

Mastercard Announces Completion of Acquisition of Recorded Future

Mastercard (NYSE: MA) has reportedly finalized the planned acquisition of Recorded Future. Mastercard explained that the latest acquisition will now be enhancing its services offerings with threat intelligence and AI-powered, actionable analytics. In a blog post, Mastercard confirmed that it has now officially completed its… Read More

Mastercard and Bank of Punjab to Transform Pakistan’s Digital Ecosystem with Fintech Solutions

Mastercard (NYSE: MA) has joined forces with the Bank of Punjab (BOP) as a partner to enhance the bank’s proposition across consumer debit and credit, affluent portfolio and loyalty offerings. The collab seeks to transform the banking institution’s digital ecosystem and its customers’ digital experience…. Read More

Equifax, Mastercard Beef Up Latin American Fraud-Protection Services

Equifax (NYSE: EFX) and Mastercard (NYSE: MA) have joined forces to empower Latin American financial institutions, payment service providers, acquiring banks, and merchants to overcome payment fraud challenges without disruption to the customer experience. Enhanced fraud management tools, including Mastercard Identity, Ethoca Alerts and Ethoca Consumer Clarity, are now available to Mastercard… Read More

Consumer Spending Report: Digital Commerce Transactions Grew Nearly 15% Compared to 2023’s Black Friday

Consumers valued various special deals this Black Friday, as digital commerce revenue grew +14.6% compared to 2023, according to an update from Mastercard (NYSE: MA). As noted in the preliminary insights from Mastercard SpendingPulse, U.S. retail sales excluding automotive were “up +3.4% on Black Friday,… Read More

Asian Development Bank, Mastercard to Support Asian-Pacific SMEs

The Asian Development Bank and the Mastercard Impact Fund, administered by the Mastercard Center for Inclusive Growth, have signed a memorandum of understanding to establish a partnership aimed at supporting micro, small, and medium-sized enterprises (MSMEs) across Asia and the Pacific. The initiative will initially… Read More

Bizom, Accion, Mastercard Partner to Deliver Credit to Indian SMEs

Indian retail intelligence platform Bizom has collaborated with global nonprofit Accion and Mastercard Center for Inclusive Growth, the philanthropic arm of Mastercard, to expand its digital consumer packaged goods (CPG) marketplace. The collaboration seeks to serve more than four million small retailers through embedded credit… Read More

Mastercard Reimagines Checkout with Password and Number Free Payments

Mastercard (NYSE: MA) says that it is reinventing checkout with password and number free payments. By the end of the decade, Mastercard intends to phase out manual card and password entry in favor of “smiles” and fingerprints, paving the way for a future where “numberless”… Read More

Mastercard Introduces Pay Local to Enable Digital Wallet Providers to Make Frictionless Payments

Mastercard (NYSE: MA) has launched Pay Local in order to empower digital wallet providers with new ways to pay. With Mastercard Pay Local, digital wallet providers will gain access to more than 2 billion Mastercard cardholders, enabling card-based payments and providing choice to travelers Mastercard… Read More

Mastercard Expands Product Express Platform to Help Fintechs with Launching Card Programs and Payments Solutions

Mastercard (NYSE: MA) has reportedly announced the expansion of its Product Express platform in an effort to help fintechs accelerate the launch of new card programs and other payment solutions. After the roll-out in Latin America earlier in 2024, Product Express now enables fintechs to… Read More

Unity Wallet James Toledano on DeFi’s Potential to Snap Visa and Mastercard’s European Payment Stranglehold

Unity Wallet (formerly Savl) COO James Toledano believes DeFi has the potential to break Visa’s and Mastercard’s dominance of European payment rails, while also allowing Europe to at least partially free itself from depending on American payment rails. Savi is a self-custodial crypto and Web3 wallet… Read More

Mastercard Introduces Open Banking Enabled Digital Tools to Put Consumers in Control of Personal Data

Mastercard (NYSE: MA) has officially introduced a range of new open banking-powered tools that put consumers in control of their data, safely and securely. Global payments firm Mastercard is launching Connect Plus, which is said to be data-consent command center, and new enhanced identity and… Read More

Online Payments: Cashflows Brings Mastercard Click to Pay to UK Firms

Cashflows, the platform that for merchants to accept payments, announces its partnership with Mastercard (NYSE: MA) to offer its merchants Click to Pay. Mastercard Click to Pay is a described as a consistent way to make online payments, offering consumers a user-friendly guest checkout across… Read More

Mastercard Announces New Benefits to Support Small Businesses in Canada

Mastercard (NYSE: MA) announced recently that it has launched various new benefits in support of small businesses operating across Canada. Curated new cardholder benefits provide savings on products and solutions tailored to meet the requirements of Canadian business owners. In order to to acknowledge Small… Read More

Safaricom, Mastercard, Ink Kenyan Payment, Remittance Pact

Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. This collaboration focuses on more than 636,000 merchants using M-PESA, Safaricom’s leading mobile money service. Kenya’s payment acceptance market continues to grow, with mobile wallet… Read More

BNPL Adoption: Mastercard and ZOOD to Introduce Virtual Buy Now Pay Later Card in Uzbekistan

Building on the multimarket partnership to enable flexible payments adoption in the region, Mastercard (NYSE: MA) and ZOOD, one of the digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a BNPL card – ZOOD Card – in Uzbekistan. The… Read More

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