Tagged: mastercard

May 4, 2021 @ 11:47 am By Samantha Hurst  |  

  Mastercard announced on Tuesday the release of its Mastercard New Payments Index. According to Mastercard, the Index was conducted across 18 markets around the world and revealed that 93% of consumers will consider using at least one “emerging” payment method, such as cryptocurrency, biometrics,… Read More

May 3, 2021 @ 3:45 pm By Samantha Hurst  |  

Mastercard announced on Monday it welcomed six startups to its Mastercard Start Path program. The startups were notably dedicated to building blockchain-based payments solutions and also designing sustainable lending platforms. As previously reported, Start path is an engagement program is dedicated to fintech innovators that… Read More

April 27, 2021 @ 11:57 am By Samantha Hurst  |  

  US-based digital assets firm Gemini announced on Tuesday the details of its first-of-a-kind cryptocurrency rewards credit card, including a partnership with Mastercard and WebBank. The company reported that the credit card, which has more than 140,000 people on its waitlist, will be making its debut… Read More

April 19, 2021 @ 4:10 pm By Samantha Hurst  |  

    Mastercard announced on Monday it has acquired digital identity platform Ekata for $850 million. According to Mastercard, Ekata works with global merchants, financial institutions, travel companies, marketplaces, and digital currency platforms. It notably uses insights to deliver unique scores, data attributes and risk… Read More

April 14, 2021 @ 9:49 am By Samantha Hurst  |  

  ConsenSys announced on Tuesday it raised $65 million through its latest investment round. The blockchain company reported that J.P. Morgan, Mastercard, and UBS invested alongside blockchain companies, including Protocol Labs, the Maker Foundation, Fenbushi, The LAO, and Alameda Research. Additional investors include CMT Digital, Greater… Read More

April 14, 2021 @ 7:06 am By Omar Faridi  |  

Cardlay has secured €8 million in capital from a venture fund that’s managed by former Mastercard executive Javier Perez, according to a release. As mentioned on its official website: “Cardlay is a world leading Fintech partner of commercial card services and payment infrastructure. We supply… Read More

April 12, 2021 @ 11:38 am By Samantha Hurst  |  

Mastercard announced on Monday it has joined forces with Swedish fintech Doconomy to develop the Mastercard Carbon Calculator, a feature specifically for banks to adapt and customize for eco-conscious consumers to monitor their spending habits. “The Carbon Calculator enables consumers to receive a snapshot of… Read More

April 7, 2021 @ 1:28 pm By Samantha Hurst  |  

    Opportunity Financial, LLC (OppFi), a U.S.-based fintech platform that powers banks to help the everyday consumer gain access to credit, announced on Wednesday it has joined forces with Mastercard, First Electronic Bank and Deserve to launch OppFi Card, which is a new mobile-first credit… Read More

April 5, 2021 @ 8:24 am By Samantha Hurst  |  

Airtel Africa, an African mobile money business, recently announced it secured a $100 million investment from credit card giant, Mastercard.  Founded in 2010, Airtel Africa claims it is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, primarily… Read More

April 1, 2021 @ 8:09 am By Omar Faridi  |  

The Payments Systems Regulator (PSR) in the UK stated on March 31, 2021 that it “provisionally” finds five firms violated the law by “engaging in cartel behavior” in the pre-paid cards market. As stated in a release, three out of five parties actually admitted liability… Read More

March 24, 2021 @ 10:27 am By Samantha Hurst  |  

  NumberX, an Austria-based fintech, recently announced its plans to launch if app-based payment card, which is powered by open banking. Mastercard is notably the company’s strategic partner for the card. Founded in 2020, NumberX’s focus is on maximum freedom and flexibility, the greatest possible acceptance, and… Read More

March 20, 2021 @ 3:45 pm By Omar Faridi  |  

Mastercard (NYSE:MA) reveals that February 2021 was yet another huge month for digital commerce, which increased 54.7% year-over-year (YOY). Mastercard pointed out that despite the “inclement weather” felt across many parts of the country this past month, US retail sales (excluding automotive and gasoline) surged… Read More

March 18, 2021 @ 1:30 pm By Samantha Hurst  |  

      TomoCredit, a U.S.-based fintech that offers a credit card that’s designed to build a credit history for first-time borrowers, announced on Thursday the launch of TomoCredit Mastercard, a high limit offering that does not require FICO or soft or hard inquiries to apply…. Read More

March 11, 2021 @ 7:54 am By Samantha Hurst  |  

Payoneer Inc., the global payment and commerce-enabling platform, announced on Wednesday it has joined forces with Mastercard to launch the Payoneer Digital Purchasing Mastercard, which is a tailor-made purchase card specifically for small to mid-sized businesses, eCommerce sellers, and freelancers worldwide. Payoneer reported that through… Read More

March 9, 2021 @ 8:27 am By Samantha Hurst  |  

Digital payments platform Wirex announced on Tuesday the launch of its multicurrency Mastercard debit card in the UK and EEA, as well as its new rewards program, X-tras, across the globe. Wirex reported that after reaching 75,000 people on the waitlist for the new card,… Read More

March 8, 2021 @ 9:33 am By Samantha Hurst  |  

  Mastercard announced on Monday it is expanding the Engage platform. According to Mastercard, the expansion is offering customers access to a growing network of qualified technology and fintech partners that may quickly deploy Mastercard Digital First solutions, which notably will enable customers to provide… Read More

March 4, 2021 @ 9:59 pm By Samantha Hurst  |  

  Paysend, a UK-based global payments platform, announced on Thursday a strategic partnership with Mastercard starting in the UK and EEA. Paysend reported that through the partnership it will “boost” the potential of the new Paysend Global Account, combining its Global Transfer together with account/product… Read More

March 4, 2021 @ 9:27 am By Samantha Hurst  |  

    Pine Labs, an India-based merchant commerce platform, announced on Thursday it is expanding its services to Southeast Asia, thanks to key organizational changes. As previously reported, Pine Labs notably offers a merchant platform that includes technology and financial solutions for merchants to help… Read More

February 23, 2021 @ 11:35 pm By Omar Faridi  |  

Islamabad-based Fintech firm SadaPay has introduced the region’s first numberless debit card. SadaPay’s management confirmed that the company’s debit card is now officially the first numberless card to be launched across all of the MENA region. The SadaPay team noted in a blog post: “This… Read More

February 17, 2021 @ 2:07 pm By Samantha Hurst  |  

  Mastercard announced on Wednesday it has joined forces with Island Pay to launch the Bahamas Sand Dollar prepaid digital currency-linked card. Mastercard revealed that under the program, the Bahamas Sand Dollar card allows people the option to instantly convert the digital currency to traditional… Read More