Tagged: mastercard

Global Fintech Jeeves and MasterCard are Providing Fully Locally-Issued Physical and Virtual Cards for Mexico’s Businesses

Mexico is one of the fastest-growing economies in the world, but its local businesses still struggle to access credit without super-high fees and tedious paperwork. Mastercard (NYSE: MA) and Jeeves, the financial partner for Mexican businesses, have teamed up to address this issue by introducing… Read More

Mastercard Enhances Support of Latin America Real-Time Payments with Acquisition of Arcus

Mastercard (NYSE: MA) announces that it has acquired Arcus FI, an alum of the firm’s Start Path program, in order to help support the delivery of bill pay solutions and “other real-time payment applications across Latin America.” As mentioned in the announcement: “With offices in… Read More

Gránit Bank Now the First Commercial Bank to Offer Mastercard Carbon Calculator to Clients

Gránit Bank is one of the first banks to offer the Mastercard carbon calculator on November 15, 2021, which enables cardholders to check out the environmental impact of their purchases via their mobile bank. As mentioned in the announcement, the Carbon Calculator has been developed… Read More

Amazon’s Visa UK Snub to Hammer #2 UK Credit Card Issuer Right in the Wallet

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

Payments Fintech mx51 Appoints Varghese Matthew as New Chief Customer Officer

Payments Fintech mx51 has reportedly hired ex- Mastercard Australia VP Varghese Mathew to serve as its Chief Customer Officer. Varghese brings around 10 years of industry experience in financial services and tech to the role, occupying key roles at Mastercard, The Boston Consulting Group and… Read More

Mastercard Teams Up with Home Remitt to Support Migrant Workers with Sending Funds Abroad in Near Real-Time

As the demand for fast, highly secure, and seamless virtual payments solutions continues to rise, Mastercard (NYSE: MA) has teamed up with Home Remitt in order to support migrants residing in South Africa by safely sending funds in near real-time to their friends and family… Read More

Pine Labs, Standard Chartered Malaysia Launch Interest-Free Instalments to 25,000+ Merchants

Pine Labs, a merchant commerce platform serving merchants in India and Southeast Asia, today announced a partnership with Standard Chartered Malaysia. Standard Chartered’s customers in Malaysia can now access interest-free installment options on credit cards at any offline point-of-sale system powered by Pine Labs. The… Read More

Digital ID Challenges: 49 Million US Consumers Fell Victim to Identity Fraud, Mastercard Reports

Mastercard (NYSE: MA) writes in a blog post that the last time you may have been asked to provide your birth certificate, you probably rolled your eyes and thought, “We’re still doing that?” Mastercard also notes that even as much of the world has moved… Read More

Mastercard to Make it Easier for Fintech Platforms to Unleash Utility, Scale of Company’s Global Payments Network

Mastercard (NYSE: MA) has reportedly been expanding its global platform capabilities via the Mastercard Developers portfolio, by adding various services to power flexible and innovative ways to make payments, improve the customer experience (CX) and establish greater trust across the payments sector. Taking an organic… Read More

Bitcoin, Ethereum, USDC Payments Support Enabled by OLB Group via Mastercard Cryptocurrency Processing

thought-catalog unsplash Bitcoin Ethereum Cryptocurrency

The OLB Group, Inc. (NASDAQ: OLB), a provider of Cloud-powered omnicommerce and payment acceptance solutions for small- and mid-sized merchants and Bitcoin mining firm, announced that it is ready to process Mastercard Bitcoin payments. Merchants utilizing OLB’s OmniSoft business management platform and the firm’s SecurePay… Read More

Deserve Welcomes Visa Investment to Drive Mobile-Centric Credit Card Adoption

Deserve, a Fintech company transforming credit cards into mobile-centric software, has received a strategic investment from Visa to expand access to Deserve’s credit-card-as-a-service for financial institutions, Fintechs and brands. Visa joins Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs Asset Management and Sallie Mae in supporting… Read More

Wow. Bakkt is Up Over 160% on the NYSE Following MasterCard – Crypto News

Bakkt (NYSE:BKKT), a digital asset exchange that became a publicly-traded company in a recent SPAC deal, is rocketing higher today following important news. As was previously reported, Mastercard will soon allow, banks and Fintechs to offer a broad set of cryptocurrency solutions and services by… Read More

Bitcoin Boom. Mastercard to Allow Crypto Integration, Korean Teachers Credit Union Invests in Bitcoin

If you are a Bitcoin maximalist, times are good. Reports keep rolling in regarding the acceptance and utilization of crypto and more specifically Bitcoin thus helping to drive the price of BTC higher. Today, CNBC is reporting that Mastercard will soon allow banks and merchants… Read More

Mastercard Teams Up with Demica to Support Improved Access to Working Capital Solutions

Payment solutions provider Mastercard (NYSE: MA) has entered into a partnership agreement with Demica in order to introduce a supply chain finance capability within Track Business Payment Service (Track BPS). This should enable improved access to “flexible working capital for buyers and suppliers.” As mentioned… Read More

Mastercard and Previse Accelerate Business Payments Across the Globe

Mastercard (NYSE: MA) and Previse announced on October 18, 2021 the integration of Mastercard Cross-Border Services – an international push payments platform that allows funds to be sent seamlessly, securely and with “certainty” to any account – into Previse’s InstantPay platform. The collaboration will “enable… Read More

Mastercard and Grab to Bring Digital Upskilling to Informal Workers, Small Businesses in SE Asia

Mastercard (NYSE: MA) and Grab, which is Southeast Asia’s leading “Super App” provider, announced on October 14, 2021, a regional partnership to support digital and financial inclusion in the region. This partnership will aim to offer millions of informal workers and small businesses on the… Read More

Mastercard and Citi to Support Financial Inclusion, Sustainability Efforts

Mastercard (NYSE: MA) and Citi (NYSE: C) have formed a new partnership in order to support local residents and small businesses via greater public-private sector collaboration. Through City Possible, Mastercard’s partnership and co-creation framework for cities, the two international firms will aim to “bring their… Read More

Hacked Crypto, Payments Account Costs on the Rise

The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

Canadian Crypto Platform Coinberry Names Former MasterCard Exec Abhijeet Roy CTO

Canadian cryptocurrency trading platform Coinberry this week named Abhijeet Roy as their new chief technology officer. Before joining Coinberry Roy held leadership positions at MicroStrategy, a provider of enterprise analytics, and one of the largest holders of Bitcoin in the technology sector. Roy brings more… Read More

BNPL: Mastercard Reinvents Installments to Provide Clients More Payment Options when They Make Purchases

Mastercard (NYSE: MA) says it’s “reinventing” installments in order to give clients more payment options wherever they make purchases. According to an announcement from the payments giant, Mastercard Installments BNPL program will be introduced in the US, Australia, and the UK markets. The payments company… Read More

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