Tagged: mastercard

September 11, 2020 @ 9:58 am By Samantha Hurst  |  

Prepaid Financial Services Limited (PFS), a European eMoney issuer, announced on Thursday it has formed a partnership with the Government of Jersey for a COVID-19 stimulus program. PFS will enable its spend local prepaid Mastercard initiative with 105,000 cads.  PFS further reported that all eligible… Read More

September 10, 2020 @ 11:11 am By JD Alois  |  

  Mastercard revealed this week that it has launched a central bank digital currencies (CBDCs) testing platform. The goal is to enable central banks to test national digital currencies. Many central banks are testing or investigating CBDCs including China’s digital yuan that is currently being… Read More

September 9, 2020 @ 10:25 pm By Omar Faridi  |  

Payments giant Mastercard has teamed up with the Qatar Development Bank (QDB) in order to support the ongoing development of the nation’s Fintech sector. Through the partnership, Mastercard and QDB will support the Qatar Fintech Hub (QFTH), which is a technology ecosystem that aims to… Read More

September 9, 2020 @ 11:43 am By Samantha Hurst  |  

  Mastercard announced on Wednesday it has launched a central bank digital currencies (CBDCs) testing platform to enable central banks to assess and explore national digital currencies. According to Mastercard, CBDCs are designed to be equivalent in value to a nation’s paper currency and subject… Read More

September 8, 2020 @ 2:13 pm By Samantha Hurst  |  

Jifiti, a U.S.-based point of sale (POS) financing platform, announced on Tuesday it has joined forces with Mastercard to scale its point of sale installments offering to provide more options for consumers at checkout. Jifiti reported its platform is fully integrated using Mastercard’s Application Programming… Read More

September 3, 2020 @ 9:15 am By Omar Faridi  |  

The global COVID-19 pandemic has led to significantly more consumers looking for better and flexible payment options, meanwhile, payment card issuers and merchants are focused on providing cardholders with the best choices, control and simplicity at the time of checkout. Payments giant Mastercard (NYSE: MA)… Read More

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