Tagged: mastercard

August 2, 2018 @ 8:43 am By Samantha Hurst  |  

Credit card giant Mastercard has teamed up with mobile-first solution fintech Entersekt to enable Nedbank’s customers to make QR payments to Masterpass, Pay@, SnapScan, and Zapper merchants and bills through the Nedbank Money App. The companies claim that this all-in-one, scan-to-pay feature is a market-first development… Read More

July 19, 2018 @ 1:00 pm By Samantha Hurst  |  

Mastercard has reportedly been granted a patent to link cryptocurrency with Fiat accounts. According to its filing, the patent was created to manage fractional reserves of blockchain currency comprising: storing, in a first central account, at least a fiat amount associated with a fiat currency.  The company reported:… Read More

July 19, 2018 @ 9:31 am By Samantha Hurst  |  

Elevate Credit, Inc. (Elevate), a tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced on Thursday the launch of its Today Card, powered by Mastercard, for non-prime consumers. According to Elevate, as the first non-prime credit card with a full suite of… Read More

July 17, 2018 @ 3:54 pm By Samantha Hurst  |  

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced on Tuesday it has expanded its existing strategic cooperation with Mastercard to promote contactless wearable payments. The duo is cooperating among others with Garmin Pay and Wirecard reported that its services will be available in Germany… Read More

July 9, 2018 @ 3:20 pm By Samantha Hurst  |  

On Monday, U.S. fintech startup Strands announced it is teaming up with Mastercard to provide issuing banks with an integrated platform of digital cash management and commercial payment tools that is specifically designed to benefit small-to-medium enterprises (SMEs). According to Strands, the Strands Business Financial… Read More

June 22, 2018 @ 12:00 pm By Samantha Hurst  |  

On Thursday, Asian fintech MatchMove announced it has enabled the first contactless prepaid Mastercard in South Asia. According to MatchMove, the new card is being issued by India’s Federal Bank, is distributed under the brand name tmw by The MobileWallet Pvt. Ltd, India’s first complete payment solution,… Read More

June 15, 2018 @ 9:40 am By JD Alois  |  

Alior Bank has announced a “pan-European collaboration” with Raisin, solarisBank and Mastercard. The four separate companies are seeking to create a new financial platform based on an open API model. This new model hopes to enable their clients “to benefit from truly open banking.” According… Read More

June 5, 2018 @ 9:33 am By Erin Hobey  |  

Adyen, the Dutch payments platform that recently usurped PayPal’s reign at eBay, announced its direct API integration with the Mastercard Account Updater service. Qualified merchants processing with Adyen globally can now increase revenue from card-on-file payments by automatically updating Mastercard accounts in real time.The direct… Read More

May 21, 2018 @ 10:44 am By Samantha Hurst  |  

On Monday, credit card giant Mastercard announced the launch of its new initiative for fintech startups called Accelerate. According to Mastercard, the initiative is designed to support the ambitions of players in the FinTech sector through tailored support arrangements including access to insight, tools, technology, and… Read More

May 1, 2018 @ 1:23 pm By Samantha Hurst  |  

On Tuesday, Mastercard announced it was extended its strategic partnership with Unilever to launch a new digital lending platform specifically for Kenyan entrepreneurs. While sharing details about the platform, Ajay Banga, President and CEO of Mastercard, stated: “Micro and small businesses are the economic backbone of… Read More

November 20, 2017 @ 3:51 pm By Samantha Hurst  |  

UK fintech Glint announced on Monday the launch of its mobile app, which allows users to spend gold as the global currency. The company revealed by using the Glint iOS app and the Glint Mastercard, Glint clients are able to spend gold through the global payment system…. Read More

September 11, 2017 @ 11:15 am By Samantha Hurst  |  

On Monday, Canadian fintech startup Stack announced it has formed a partnership with MasterCard to launch its digital money accounts with mobile tap-to-pay functionality. Stack stated its accounts will include a chip-and-pin MasterCard prepaid card that provides secure point-of-sale access to worldwide retailers, global ATM networks, and… Read More

July 19, 2017 @ 7:26 am By Jonathan Nieh  |  

This week, the Ethereum Enterprise Alliance (EEA) announced the addition of 34 new members, pushing the organization’s total membership to over 150 organizations, making the alliance the world’s largest open source blockchain initiative. World’s Largest Blockchain Initiative The EEA is an alliance of fortune 500… Read More

June 9, 2017 @ 6:41 am By Jonathan Nieh  |  

Charlotte-based fintech firm AvidXchange, which provides accounts payable and automated payment solutions to midsize businesses, announced a strategic partnership with Mastercard along with a separate capital raise of $300 million. Both the strategic partnership with Mastercard and the capital raise of $300 million will go towards the… Read More

June 7, 2017 @ 12:10 pm By Therese Torris  |  

Big consultancies, such as PwC, Cap Gemini, KPMG, Deloitte and Accenture, research and analyze fintech developments to support the digital transformation of their banking customers. They promote this work through well-crafted free reports and white papers. The latest of such reports was published by Julian… Read More

May 1, 2017 @ 8:16 pm By JD Alois  |  

FinTech Australia is pointing to payments company Airwallex securing $13 Million USD in a Series A funding round as indicative of the strength of Australian-Asian Fintech links. FinTech Australian CEO Danielle Szetho said the announcement illustrated the strong and growing links between the two regions…. Read More

May 1, 2017 @ 5:39 pm By Samantha Hurst  |  

Aussie fintech startup Airwallex announced on Monday it has secured $13 million USD through its latest Series A funding round. Participants of the round included Sequoia Capital China, Mastercard, and Tencent Holdings. Founded in 2015, Airwallex is described as a foreign exchange market that makes… Read More

March 2, 2017 @ 10:07 pm By Jessica Pham  |  

Does “Can you Zelle me the payment?” have the same ring to “You can just Venmo me?” A company knows that it has made it when people turn its name into a verb, as Venmo and Uber (despite its bad press these past few weeks)… Read More

February 1, 2017 @ 4:35 pm By Samantha Hurst  |  

LoveFromMe has recently launched an equity crowdfunding campaign on Seedrs. UK-based personalized gift card company is seeking £350,000 as it prepares for expansion. The company stated it created a gift card that users can use anywhere (online and in-store) in the world that accepts MasterCard… Read More

January 19, 2017 @ 1:13 am By Jessica Pham  |  

Reports came out during the holiday season last year of banks quietly stocking up on blockchain patents.  Banks will compete with startups making the same moves.  They will also compete for patents with trolls who suppress innovation. The future of blockchain innovation depends on who… Read More