Tagged: mastercard

December 7, 2020 @ 3:12 pm By Samantha Hurst  |  

UK-based international money transfer platform TransferGo has teamed up with Mastercard to enable customers across 20 European countries to make international money transfers from any payment card or bank account directly to a Mastercard debit or credit card. Using Mastercard Send, TransferGo customers may now… Read More

December 7, 2020 @ 7:29 am By Omar Faridi  |  

  The steady growth of the global Fintech economy and Israel’s role as a key player in this nascent sector has become more prominent during the past few years. Israel’s Fintech industry is evolving into a leading hub for companies throughout the world. Fintech covers… Read More

November 30, 2020 @ 2:22 pm By Samantha Hurst  |  

  Mastercard announced on Monday that it and its partners, TSYS, a Global Payments company, and Extend, have introduced a mobile virtual card solution that enables virtual corporate cards to be easily loaded into a mobile wallet for fast and secure contactless payments. According to… Read More

November 19, 2020 @ 10:35 pm By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Thursday it has officially completed its acquisition of Finicity, a real-time financial data and insights access provider. Mastercard previously revealed it was in talks to acquire Finicity for $825 million, with existing Finicity shareholders having the potential for an earn-out… Read More

November 19, 2020 @ 9:09 pm By Omar Faridi  |  

Copenhagen-based Danske Bank (CPH: DANSKE), a major retail bank with more than 5 million retail customers, has partnered with Fintech firm Zenegy in order to launch a new service that will automate the processing of payments made with corporate cards. The payment processing service will… Read More

November 17, 2020 @ 2:17 pm By Samantha Hurst  |  

FCA authorized e-Money Institution Ziglu is celebrating its Mastercard debit card launch by announced its Christmas Charity Campaign. The company reported it is planning to donate the price of a meal to Fareshare every time a customer uses their card for their supermarket shop online and… Read More

November 17, 2020 @ 1:55 pm By Samantha Hurst  |  

Mastercard announced on Tuesday it will extend the Google Pay service to cardholders across Austria, Bulgaria, Estonia, Greece, Hungary, Latvia, Lithuania, Netherlands, Portugal, and Romania together with its issuing partners. Mastercard reported that with Google Pay, users with eligible Android devices will be able to… Read More

November 17, 2020 @ 9:00 am By JD Alois  |  

Australia based neobank Douugh Ltd (ASX:DOU) has launched its app in the US following a partnership with Mastercard. Douugh reports that it has been in beta with U.S. consumers since early-2019 and is now officially launching to the wider market. Douugh Founder and CEO, Andy… Read More

November 16, 2020 @ 1:21 pm By Samantha Hurst  |  

  Mastercard announced on Monday the addition of Account-to-Account (A2A) payments functionality to Mastercard Track Business Payment Service. According to Mastercard, the Track Business Payment Service gives businesses greater control of their payments and supports rich data exchanges and the ability to automate payments without… Read More

November 11, 2020 @ 8:19 pm By Omar Faridi  |  

Ajay Bhalla, President, Cyber and Intelligence Solutions, Mastercard (NYSE:MC), has confirmed that the payments giant has joined the Lumedic Exchange in order to lay the foundation for a “trusted, more secure, and patient-centric way” for interacting with healthcare providers. Bhalia noted: “Mastercard has come together with… Read More

November 11, 2020 @ 2:09 pm By Samantha Hurst  |  

Online lending platform Lendio announced on Tuesday it has joined Mastercard Start Path’s global network of fintech innovators. According to its description, the engagement program is dedicated to fintech innovators that are building the future of commerce. Mastercard states: “Start Path is our global startup… Read More

October 31, 2020 @ 11:45 am By Omar Faridi  |  

Ajay Bhalla, President, Cyber and Intelligence Solutions, Mastercard (NYSE:MC), confirms that the payments giant is using artificial intelligence (AI) as “the first line of defense” to help the service provider detect cyberattacks, hacks and other types of security breaches. Last year, Mastercard reportedly saved its stakeholders… Read More

October 23, 2020 @ 8:35 pm By Omar Faridi  |  

Melbourne-based Archa, a company providing a corporate credit card that’s “built around your business, keeping you in control,” has revealed that it was granted principal issuing membership of Mastercard. The Archa team notes: “This is a significant, mission-critical milestone for us as we continue to… Read More

October 23, 2020 @ 6:25 pm By Omar Faridi  |  

Bengaluru based Fintech startup Walrus is launching a personalized debit card for teenagers. The company says it wants to help teens become financially “smart” from a young age so that they are able to effectively manage their finances as they get older and have more… Read More

October 22, 2020 @ 11:32 pm By Omar Faridi  |  

Ajay Bhalla, President, Cyber and Intelligence Solutions, Mastercard, notes that artificial intelligence (AI) algorithms are part of the payment company’s “first line of defense” in protecting over 75 billion transactions that Mastercard processes on its network every year. Bhalia recently revealed the different ways that… Read More

October 21, 2020 @ 9:16 pm By Omar Faridi  |  

Mastercard, IDEMIA, and MatchMove will be piloting a fingerprint biometric card in Asia in order to improve the security and safety of contactless payments. According to a release, Mastercard will be partnering with IDEMIA, which offers “Augmented Identity” solutions, and MatchMove, a Singapore-based Fintech firm…. Read More

October 21, 2020 @ 8:17 am By Samantha Hurst  |  

Following the closing of its highly successful Crowdcube campaign, payments platform Wirex has announced the waitlist for its Wirex multicurrency card. Wirex reported that the card is part of its plan to become the ultimate cryptocurrency platform. The waitlist also comes just a few months… Read More

October 20, 2020 @ 7:25 am By Omar Faridi  |  

Visa and Mastercard are being accused of charging “excessive” fees during the COVID-19 crisis. British retail groups are claiming that the scheme fees being charged by the payment companies have nearly doubled during the past 2 years. Retail groups in the UK have noted that… Read More

October 19, 2020 @ 8:22 am By Samantha Hurst  |  

  Pan-European digital banking provider Monese announced on Monday it has formed a new European strategic partnership with financial giant Mastercard. Monese reported that through the collaboration, it will become a principal Mastercard issuer. While sharing more details about the partnership, Norris Koppel, Founder and… Read More

October 12, 2020 @ 8:00 am By Omar Faridi  |  

The COVID-19 outbreak has accelerated the shift towards the increased use of all-digital platforms and services by consumers across the globe. Ajay Bhalla, president of Cyber and Intelligence for Mastercard, says that the “new normal” is not a new development anymore and that we need… Read More