Tagged: mastercard

Financial Wellbeing Platform Dreams and Mastercard to Offer Sustainable Banking Products

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

Fintech Greenlight Announces Credit Card for Parents, 3% Cash Back to Auto-Invest

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

Mitacs and Mastercard to Support Innovation in Cybersecurity

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

Sustainability: New feature from Banco Santander Allows Clients to Measure Carbon Footprint

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

Mastercard Introduces Identity Tech with Microsoft to Help Consumers Transact Online

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

Double Extortion Ransomware Increased Almost 500% in 2021, CipherTrace Reports

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

Gemini Crypto Rewards Credit Card Now Available in the US

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

Nexo Introduces Card Backed by a Crypto Credit Line With Mastercard, DiPocket

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

UK’s Payment Systems Regulator (PSR) Is Looking into Fees Charged by Visa, Mastercard, Others

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

Mastercard Appoints Chad Wallace as Executive Vice President of B2B Solutions

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

Tricount, Aion Bank, Mastercard to Streamline Shared Expense Management

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

Open Banking Fintechs Finicity and Fiserv Offer More Consumer Choice Via Secure Data Access

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

Temenos, Mastercard Join Together to Simplify UK Request to Pay Adoption

This week, cloud banking platform Temenos announced a collaboration with Mastercard that will help banks accelerate their introduction of Request to Pay services in the United Kingdom. This new initiative combines pre-composed solutions on the Temenos Banking Cloud with market-certified Mastercard services, making it more… Read More

Wells Fargo Teams Up with Bilt Rewards, Mastercard to Issue Credit Card that Earns Points on Rent Payments

Wells Fargo & Company (NYSE: WFC) has announced a partnership with Bilt Rewards, the loyalty program for renters, and Mastercard (NYSE: MA), in order to become the “official” issuer for the Bilt Mastercard. The co-brand credit card allows members “to pay rent and earn points… Read More

GPS Announces Partnership with Mastercard to Support Next Gen Payments Tech

Global Processing Services (GPS), an international payment tech platform, has announced a strategic partnership with Mastercard (NYSE: MA). This latest announcement “expands on the two firms’ longstanding relationship stretching back over a decade.” GPS and Mastercard have “worked in partnership to launch and scale hundreds… Read More

BNPL: Mastercard Supports Scale of Buy Now, Pay Later with New Partners

Mastercard (NYSE: MA) has announced a growing list of partners, such as BNPL specialists and internationally-recognized brands, further expanding Mastercard Installments, “the unique BNPL program that delivers greater choice at checkout, both in-store and online.” Amount, Bass Pro Shops and Cabela’s, Deserve, H&R Block, i2c,… Read More

American Express, Mastercard, Visa Halt Operations in Russia

American Express (NYSE:AXP), Mastercard (NYSE:MA), and Visa (NYSE:V) have all halted operations in Russia following the country’s unprovoked invasion of Ukraine. The news of the three card issuers disabling services has followed global sanctions being applied by Russian President Vladimir Putin and his rogue regime…. Read More

Mastercard, DBS Bank, Pine Labs Offer Clients New Payment Option in Asian Cities

Mastercard (NYSE: MA), DBS Bank (SGX:D05) and Pine Labs have teamed up to introduce ‘Mastercard Installments with Pine Labs’ – which is a new program that enables DBS/POSB credit cardholders to pay via interest-free installments at merchants “with the ‘Pay Later’ identifier, simply by presenting… Read More

Digitalization of Business Processes Can Effectively Connect Small Companies to International Markets: Report

Michael Froman, Vice Chair and President, Strategic Growth at Mastercard (NYSE: MA), notes that shuttered storefronts might be a lingering symbol of the pandemic’s “economic fallout.” However, entrepreneurship is continuing to soar, “with a record 5.4 million new business applications filed in 2021, according to U.S…. Read More

Mastercard Teams Up with Massmart to Connect Small Businesses with Cost-Effective E-Commerce Solutions

Mastercard (NYSE: MA) recently joined forces with retail group Massmart in order to connect Small, Medium and Micro-Enterprises (SMMEs) to cost-effective e-commerce solutions, “enabling a safe transition away from cash.” During the latter half of last year- following the period of social unrest – SMMEs… Read More

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