Tagged: mastercard

May 11, 2023 @ 7:18 am By Omar Faridi  |  

The key to faster Fintech growth is safe, seamless digital account opening, according to an update from Mastercard (NYSE: MA). Innovations in finance and payments are reportedly “unlocking new experiences for consumers and fintechs alike.” As of 2022, around 78 percent of adults in the U.S…. Read More

April 13, 2023 @ 10:20 pm By Omar Faridi  |  

Building on four years of work together to enable digital transformation among small businesses, Accion and the Mastercard Center for Inclusive Growth announced a renewal of their partnership and a sustained commitment “to improve the financial health of micro and small enterprises (MSEs) in emerging… Read More

April 11, 2023 @ 8:07 am By Omar Faridi  |  

According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive “were up +4.7% year-over-year (YOY) in March.” Mastercard SpendingPulse reportedly “reflects nominal spending and is not adjusted for inflation.” At a national level, while… Read More

April 9, 2023 @ 2:35 pm By Omar Faridi  |  

Transcard, which claims to be a global leader in payment and data technology, announced that it has successfully integrated its family of embedded payment solutions, called SMART Suite, “with one of Mastercard’s innovative commercial offerings, Track Business Payment Service.” Mastercard Track Business Payment Service will… Read More

April 9, 2023 @ 9:21 am By Omar Faridi  |  

CardX, a Stax company and the surcharging compliance platform, has launched Mastercard Click to Pay on Lightbox, CardX’s online payment form, “to expand the product’s reach.” With this partnership, Click to Pay is now “available for all existing and new card-not-present merchants on CardX’s platform.”… Read More

April 8, 2023 @ 11:46 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network by 2028. This move further “reinforces the company’s sustainability commitments and scales the accessibility of more sustainable card offerings for consumers seeking a way to reduce… Read More

April 3, 2023 @ 1:01 pm By Omar Faridi  |  

OKX has launched the Alchemy Pay fiat-crypto on-ramp solution on its platform. Alchemy Pay’s payment on-ramp “supports fiat deposits with Visa and MasterCard, as well as numerous popular fiat mobile wallets in emerging markets.” The ramp integration “makes it easy for the public to access… Read More

March 29, 2023 @ 11:06 am By JD Alois  |  

CipherTrace, acquired by Mastercard (NYSE: MA) in 2021, has posted a report on money laundering and crypto crime. This report focuses on “dark markets” and “cross-chain bridges” as well as trends in nefarious activities like AML/KYC transgressions, fraud, hacks, and theft. The notes that at… Read More

March 27, 2023 @ 9:11 am By Omar Faridi  |  

Finaro, the global cross-border payment provider and fully licensed bank, has announced its European Cloud Commerce deployment with payments technology company Mastercard, Nordic neobank and POS provider, Northmill, and full commerce enablement technology company, NMI. Following Mastercard’s launch in the U.S. in 2021, this partnership… Read More

March 26, 2023 @ 1:34 pm By Omar Faridi  |  

Checkout.com, the global payments solutions provider, and Mastercard announced that they will make Mastercard Send available to more Checkout.com customers in the Asia Pacific region, starting in Australia and Hong Kong SAR later this year. The Send service – which “powers real-time payments1 for consumers, gig… Read More

March 22, 2023 @ 8:49 pm By Omar Faridi  |  

The Mastercard Engage partner network helps connect customers with technology partners “to build innovative guest checkout and point-of-sale solutions that deliver consumer choice.” Mastercard continues “to enable greater payments acceptance, nearly doubling its number of acceptance locations to more than 90 million in the last… Read More

March 21, 2023 @ 9:08 pm By Omar Faridi  |  

Mastercard (NYSE: MA) recently acquired cloud-based cybersecurity company Baffin Bay Networks in order to better help businesses deal “with the increasingly challenging nature of cyberattacks.” Baffin Bay Networks, based in Sweden, “adds to Mastercard’s multi-layered approach to cybersecurity and helps to stop attacks, while mitigating… Read More

March 19, 2023 @ 2:46 pm By Omar Faridi  |  

Last week e& group and Mastercard (NYSE: MA) announced a region wide strategic partnership. Building on this strategic partnership, Etisalat by e& Egypt, a tech-telco operator, has partnered with Mastercard “to redefine digital experience and commerce for its e-wallet, Etisalat Cash, for customers across Egypt.”… Read More

March 14, 2023 @ 10:49 pm By Omar Faridi  |  

Astra Tech’s PayBy, a Central Bank-UAE licensed Fintech offering a variety of financial technology services, has achieved a significant milestone in the MENA region fintech space by becoming one of the first fintech player “to obtain a Mastercard (NYSE: MA) principal membership license.” This achievement… Read More

March 9, 2023 @ 8:05 am By Omar Faridi  |  

GIACT, an LSEG (London Stock Exchange Group) business, announces a partnership with Mastercard (NYSE: MA), a global technology company in the payments industry, “to leverage its Open Banking capabilities to provide a secure account verification solution for customers.” The partnership will “build on LSEG‘s existing… Read More

March 7, 2023 @ 7:07 am By Omar Faridi  |  

Mastercard (NYSE: MA), a technology company in the global payments industry, has collaborated with Google in order “to launch Google Pay in Kuwait, strengthening digital payment capabilities in the country.” Cardholders can tap to pay “with their Android phones or supported Wear OS devices in… Read More

March 1, 2023 @ 8:19 am By Omar Faridi  |  

Payment firms Visa (NYSE: V) and Mastercard (NYSE: MA) are reportedly taking a step back from forming new partnerships with cryptocurrency-focused companies. This, after the collapse of major businesses operating in the nascent industry. As first reported by Reuters, the crypto-assets sector experienced somewhat of… Read More

February 26, 2023 @ 4:32 pm By Omar Faridi  |  

Stripe, a financial infrastructure platform for businesses, announced the expansion of its network tokens and card account updater in partnership with Visa, Mastercard, and American Express. Together, these features “help businesses protect revenue, increase authorization rates, and reduce the churn that occurs when customers’ credit… Read More

February 26, 2023 @ 11:17 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced the creation of two new leadership positions to accelerate the company’s delivery against its strategic priorities. Karen Griffin, currently the company’s Chief Compliance Officer, will “take on a new role as Chief Risk Officer.” The ability to manage an organization’s risk… Read More

February 17, 2023 @ 4:11 pm By Omar Faridi  |  

Market uncertainty and increased costs continue “to challenge small businesses, and many will rely on extended credit lines and loans to weather the current environment and grow their businesses,” according to an update from Mastercard (NYSE: MA). Mastercard is announcing that it has “added advanced… Read More