Tagged: mastercard

June 11, 2022 @ 1:59 pm By Omar Faridi  |  

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

June 10, 2022 @ 11:53 am By Omar Faridi  |  

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

June 9, 2022 @ 10:16 am By JD Alois  |  

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

June 8, 2022 @ 7:00 am By JD Alois  |  

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

June 1, 2022 @ 7:33 pm By JD Alois  |  

  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

May 30, 2022 @ 7:12 pm By Omar Faridi  |  

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

May 27, 2022 @ 6:41 pm By Omar Faridi  |  

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

May 25, 2022 @ 2:31 pm By Omar Faridi  |  

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

May 20, 2022 @ 8:18 pm By Omar Faridi  |  

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

May 19, 2022 @ 10:05 pm By Omar Faridi  |  

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

May 19, 2022 @ 7:59 am By Omar Faridi  |  

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

May 15, 2022 @ 2:44 am By Omar Faridi  |  

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

April 26, 2022 @ 7:56 am By Omar Faridi  |  

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

April 19, 2022 @ 8:34 am By Omar Faridi  |  

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

April 16, 2022 @ 11:51 am By Omar Faridi  |  

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

April 14, 2022 @ 7:09 pm By Omar Faridi  |  

Nexo, the regulated institution for digital assets, has launched the Nexo Card, a crypto-backed Mastercard card, “in select European markets.” For the launch, Nexo is partnering with Mastercard and DiPocket, giving its users “access to cryptocurrency-powered liquidity across 92M+ merchant sites worldwide.” The Nexo Card… Read More

April 2, 2022 @ 7:55 pm By Omar Faridi  |  

The UK’s Payment Systems Regulator (PSR) has reportedly put the card schemes on notice that it is looking into their fees and how to assist merchants with entering better deals, including by promoting the alternative of account-to-account payments. While sharing its plans for 2022/23, the… Read More

April 1, 2022 @ 6:53 pm By Omar Faridi  |  

Mastercard (NYSE: MA)  has announced that Chad Wallace has joined the firm’s Global Product and Engineering organization as Executive Vice President of B2B Solutions and “a member of the company’s Management Committee.” He will oversee the firm’s commercial product offering, including its corporate travel and… Read More

March 31, 2022 @ 2:33 pm By Omar Faridi  |  

Tricount, a “pioneer” in group expense management, Aion Bank, a European licensed digital bank and Vodeno, a Cloud-native Banking-as-a-Service (BaaS) provider, have teamed up to launch Tricount’s new service, which allows its users “to reimburse expenses in its app through a one-click bank transfer.” The… Read More

March 31, 2022 @ 8:36 am By Omar Faridi  |  

Finicity, a Mastercard company, and Fiserv, Inc. (NASDAQ: FISV), both key players in Open Banking tech, are supporting the future of open finance via secure data sharing. A data access agreement between the firms should enable Fiserv financial institution customers to enable consumers to “provide… Read More