Tagged: mastercard

September 2, 2020 @ 8:45 am By Omar Faridi  |  

Delivery Hero, a Berlin-based online delivery platform operating in the Middle East, has teamed up with Mastercard in order to digitize its entire payment process across all its products offered to MENA region customers. Delivery Hero app users will have the option to pay for… Read More

August 31, 2020 @ 12:35 pm By Samantha Hurst  |  

  Chase announced on Monday the launch of its new Freedom Flex credit card, which was developed in partnership with Mastercard, along with a new cashback offering for Freedom Unlimited, According to Chase, Freedom Flex cardmembers will have access to Mastercard’s World Elite Benefits and… Read More

August 28, 2020 @ 10:39 pm By Samantha Hurst  |  

Mastercard announced on Friday it has launched frictionless retail technology solutions in order to enable touchless economy. The financial giant reported it has partnered with Circle K, Delaware North, Dunkin’ Donuts, and White Castle to “reimagine” the consumer “shopping journey.” “As merchants navigating the impacts… Read More

August 20, 2020 @ 7:35 am By Samantha Hurst  |  

Mastercard (NYSE: MA) and TransferWise announced on Thursday they have expanded their global partnership to enable the issuance of cards in any market around the globe. According to the duo, Mastercard has built a strong partnership with TransferWise, working with the global technology company since… Read More

August 14, 2020 @ 8:05 am By Samantha Hurst  |  

Mastercard announced on Friday it has formed a global commercial partnership with merchant software platform, Pollinate. Through the collaboration, the duo will reportedly bring the latest technology and data insights to banks serving small and medium businesses around the world. In a statement, the companies… Read More

August 13, 2020 @ 10:40 pm By Samantha Hurst  |  

 Mastercard announced earlier this week it has a new low-cost payment solution, called SME-in-a-Box,  to allow small business owners to move their businesses online and accept a range of digital payments from their customers. According to Mastercard, SME in a Box offers a low-cost acceptance… Read More

August 12, 2020 @ 11:26 am By Samantha Hurst  |  

Mastercard announced on Wednesday the expansion of its Accelerate fintech portfolio by adding entrepreneurs to its startup engagement program Start Path and more technology partners to its Engage network. The additions are to provide access to expert engineers and specialists that may help customers deploy new services… Read More

August 4, 2020 @ 1:09 pm By Samantha Hurst  |  

Mastercard recently announced it has partnered with Bank of Shanghai to enable better cross-border business payments in China. Mastercard reported that with its cross-border services, businesses will be able to transfer funds to local banks in China. The service will also reduce transaction costs and… Read More

July 28, 2020 @ 3:32 pm By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Tuesday has teamed up with Microsoft (Nasdaq: MSFT) for digital commerce innovation push. According to the duo, this new collaboration will accelerate Mastercard Labs’ native research and development activities, as well as Azure and AI, to advance Mastercard Labs’ mission… Read More

July 23, 2020 @ 4:02 pm By Samantha Hurst  |  

  Samsung Electronics America, Inc., announced on Thursday that consumers in the U.S. may now sign-up for and access Samsung Money by SoFi, which is described as a mobile-first money management experience. Samsung partnered with SoFi and Mastercard for the platform. According to Samsung,  Samsung… Read More

July 20, 2020 @ 9:15 am By Samantha Hurst  |  

  Wirex, a UK-based payments platform, announced on Monday it has secured Mastercard principal membership. Wirex claims it is the first cryptocurrency-native platform to secure the membership, which will enable Wirex to issue payment cards directly, offering even more convenience, reduced costs, and faster transactions… Read More

July 20, 2020 @ 8:00 am By Samantha Hurst  |  

UK-based challenger bank Tide announced on Monday it has formed a partnership with Mastercard to boost its SME services. Tide reported that through the multi-year collaboration, it will see the provision and implementation of credit functionality as well as payment features into its platform. Speaking… Read More

July 10, 2020 @ 4:26 pm By Omar Faridi  |  

Tonik, the very first all-digital banking platform in the Philippines, has reportedly chosen Mastercard as its payments partner as the company gets ready to officially launch its operations later this year. Through the partnership, Mastercard will be supporting Tonik by acting as its Fintech accelerator…. Read More

July 9, 2020 @ 11:40 pm By Omar Faridi  |  

There were around 40 million people that were using Venmo for payments, as of Q1 2019. That’s notably 40 million users who are using an external app and not their regular bank accounts to transfer funds. Traditional banks appear to have become a secondary option… Read More

July 6, 2020 @ 9:31 pm By Omar Faridi  |  

Abu Dhabi Islamic Bank (ADIB), a leading UAE-based financial institution, reports that it has experienced significantly increased levels of digital banking adoption across its retail and corporate services during H1 2020. As noted in a release, almost 60% of ADIB’s retail clients have been using… Read More

June 30, 2020 @ 7:24 am By Omar Faridi  |  

Mastercard and EedenBull will be supporting the launch of a digital banking platform in the APAC region. The new digital bank will be serving businesses in Asia by helping them process payments in a more efficient manner. EedenBull is a Norwegian Fintech firm that has… Read More

June 24, 2020 @ 7:44 am By Omar Faridi  |  

Brazil’s reserve bank has reportedly instructed Mastercard and Visa to suspend processing transactions on behalf of WhatsApp. As reported on June 15, 2020, the Facebook-owned WhatsApp messaging platform began facilitating payments in Brazil. However, the Central Bank of Brazil (BC) has now taken action against… Read More

June 23, 2020 @ 11:18 am By Samantha Hurst  |  

Mastercard (NYSE: MA) announced on Tuesday it has entered into an agreement to acquire Finicity, a real-time financial data and insights access provider providing open banking tools – an area of growing importance for financial services firms.. Mastercard revealed the purchase price was $825 million,… Read More

June 21, 2020 @ 10:24 pm By Samantha Hurst  |  

Bittrex, a cryptocurrency exchange based in the U.S., announced on Saturday it is now accepting Mastercard as a source for funding user accounts. Bittrex reported that it will accept Mastercard payments from 36 countries across Africa, Asia, Europe, Latin America, and the Middle East subject… Read More

June 17, 2020 @ 8:32 pm By Omar Faridi  |  

Banking challenger Branch, a service provider that works with employers, has teamed up with Mastercard in order to provide cardholders instant access to their funds. Customers may directly add their Branch Mastercard debit cards to their mobile wallets, which supports Apple Pay and Google Pay…. Read More