Tagged: mastercard

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

March 30, 2022 @ 8:08 am By Tony Zerucha  |  

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

March 29, 2022 @ 2:31 pm By Omar Faridi  |  

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

March 24, 2022 @ 4:17 pm By Omar Faridi  |  

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

March 17, 2022 @ 8:02 am By Omar Faridi  |  

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

March 6, 2022 @ 1:46 pm By JD Alois  |  

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

March 2, 2022 @ 11:00 pm By Omar Faridi  |  

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

February 24, 2022 @ 8:53 pm By Omar Faridi  |  

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

February 20, 2022 @ 6:35 pm By Omar Faridi  |  

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

February 18, 2022 @ 12:20 am By Tony Zerucha  |  

Aliaswire, a provider of digital payment and credit solutions for businesses and banks, today announced it has integrated its DirectBiller payment platform with Mastercard Bill Pay Exchange. Businesses using the DirectBiller platform can now offer an enhanced billing and payment experience to consumers who prefer… Read More

February 16, 2022 @ 3:56 pm By Omar Faridi  |  

The business sector is facing an influx of innovation: changing consumer behavior and preferences, digital transformation as well as geopolitical shifts. In order to assist businesses with evolving and supporting their growth enterprise-wide, Mastercard (NYSE: MA) announced that it is expanding its payments-focused consulting service… Read More

February 1, 2022 @ 2:56 pm By Omar Faridi  |  

Many US consumers face complications, challenges or adversity when carrying out purchases because the name on their debit card doesn’t match “who they truly are.” T-Mobile (NASDAQ: TMUS) announced (on January 31, 2022) True Name® by Mastercard® for T-Mobile MONEY, allowing all clients, including transgender… Read More

January 28, 2022 @ 12:51 pm By Omar Faridi  |  

Automobile dealership JCT600 has reportedly become the first retailer in the UK to use Lloyds’ PayFrom Bank account-to-account payment solution, displacing plastic cards at the online checkout. Introduced in July 2021, PayFrom Bank brings together Mastercard’s Payment Gateway capabilities/functionality and its Open Banking Connect platform… Read More

January 26, 2022 @ 2:36 am By Omar Faridi  |  

Around 500,000 new merchants across the MENA region will soon be able to take advantage of seamless and convenient virtual payment acceptance via Network International’s Tap on Phone tech, which enables smartphones to serve as payment terminals. The project represents a key milestone between Mastercard… Read More

January 24, 2022 @ 12:33 pm By Omar Faridi  |  

C6 Bank Mastercard clients who are in Caraíva (Bahia) this summer season will be able to practice beach tennis in “exclusive” spaces, in addition to enjoying various other benefits. As mentioned in an update from C6 Bank, the courts and equipment to practice the sport,… Read More

January 21, 2022 @ 12:58 pm By Tony Zerucha  |  

Mastercard users will soon be able to use their plastic to buy NFTs on Coinbase’s upcoming NFT marketplace, the two companies announced this week. Coinbase had announced Coinbase NFT in October of 2021. “Our mission at Coinbase is to increase economic freedom in the world,”… Read More

January 17, 2022 @ 4:10 pm By Omar Faridi  |  

The team at Mastercard (NYSE: MA) notes that for most or many of us, returns are “a necessary evil” following the holiday shopping season. For example, that sweater that Mom gave you might be two sizes too small. But for some consumers, returns are just “another… Read More