Tagged: mastercard

July 21, 2025 @ 5:11 pm By Omar Faridi  |  

On July 18, 2025, President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) into law, marking a historic milestone for the cryptocurrency industry. This legislation establishes the first comprehensive federal framework for regulating stablecoins—digital currencies pegged to assets… Read More

July 20, 2025 @ 5:45 pm By Omar Faridi  |  

Visa (NYSE:V) and Mastercard (NYSE: MA) are once again under legal scrutiny, facing a fresh multi-billion-pound class action lawsuit. The case, lodged in the UK’s Competition Appeal Tribunal, accuses the two companies of imposing excessive interchange fees, which are alleged to violate competition laws. This… Read More

July 8, 2025 @ 11:19 am By Omar Faridi  |  

Mastercard (NYSE: MA) and Pay4You, a self-service payment portal, have announced a new partnership to deliver a tail spend management solution for corporations across Europe. This collaboration leverages Mastercard’s Virtual Card Network (VCN) technology, and guarantees card acceptance, “providing a seamless and efficient way for… Read More

July 3, 2025 @ 9:21 am By Omar Faridi  |  

Mastercard Start Path is offering a new Security Solutions program designed to support startups that are developing technologies in “cybersecurity, fraud mitigation, digital identity, and payment resiliency.” OneID, Scamnetic, Spec, VanishID, and Shield-IoT are “the first startups to participate following a global application and vetting… Read More

June 29, 2025 @ 10:58 pm By Omar Faridi  |  

In a key decision, the UK’s Competition Appeal Tribunal (CAT) has ruled that the multilateral interchange fees (MIFs) charged by Visa and Mastercard to retailers violate European competition law. This ruling, delivered in June 2025, marks a significant moment in the ongoing scrutiny of payment… Read More

June 27, 2025 @ 1:33 am By Omar Faridi  |  

Experian announced the integration of Mastercard’s identity verification and fraud prevention technology into the Experian Ascend Platform. This collaboration will enable “efficient identity verification for the company’s more than 1,800 global clients across industries such as financial services, automotive, health, and digital marketing, helping to… Read More

June 26, 2025 @ 9:01 am By Omar Faridi  |  

Mastercard (NYSE: MA) is focused on addressing modern financial challenges, from combating first-party fraud to embracing cryptocurrency. Recently, the global payments firm announced key initiatives that highlight its commitment to innovation, security, and bridging traditional finance with the digital economy. These developments—the expansion of the… Read More

June 3, 2025 @ 3:04 pm By Omar Faridi  |  

Deutsche Bank (NYSE: DB) and Mastercard (NYSE: MA) are pleased to announce a strategic partnership designed to accelerate the evolution of open banking and redefine the payment experience for merchants and consumers across Europe. The collaboration will elevate Deutsche Bank’s Merchant Solutions offering, particularly its… Read More

June 2, 2025 @ 5:38 pm By Omar Faridi  |  

Mastercard (NYSE: MA) introduces Touch Card by Mastercard in Canada, a tactile notch feature designed to help empower the sight loss community. Touch Card is available on the new CIBC Adapta Mastercard, “helping bring security and independence during the payment process.” Eight in ten Canadians agree… Read More

May 20, 2025 @ 7:40 am By Omar Faridi  |  

MeaWallet, a digital payments enabler specializing in card tokenization, proudly announces its support for Central Cooperative Bank in launching Click to Pay push provisioning functionality for its customers. This feature will enhance the digital payments experience “for users by enabling seamless card enrolment into Click… Read More

May 15, 2025 @ 10:44 am By JD Alois  |  

Large European retailers are asking the European Commission to address the fees charged by credit card issuers like Visa and Mastercard. According to a report, these retailers want these fees reduced. The message was said to be sent in a letter, addressed to the Commission’s… Read More

May 15, 2025 @ 9:21 am By JD Alois  |  

While stablecoins are typically lumped in with the broader crypto-sphere, a more apt description is an update to payments and transfer rails. Stablecoins may provide immediate settlement, at a lower cost, with more security than traditional payments rails. In an announcement today that reflects this… Read More

May 9, 2025 @ 5:50 pm By Omar Faridi  |  

Canadian fintech company Nuvei (Nasdaq: NVEI) and Mastercard (NYSE: MA) are collaborating to enable near instantaneous payout capabilities for businesses in Canada. Nuvei will leverage Mastercard Move’s money movement capabilities to facilitate “payouts to a consumer’s Debit Mastercard or Reloadable Mastercard Prepaid card.” Mastercard Move… Read More

May 7, 2025 @ 4:53 pm By Omar Faridi  |  

The Mastercard Center for Inclusive Growth and the Bahrain’s Labour Fund (Tamkeen) announced a partnership to explore the launch of the Mastercard Strive program in the Middle East, aimed at advancing financial and digital readiness for SMEs in Bahrain. This collaboration seeks to empower Bahraini… Read More

May 2, 2025 @ 12:06 pm By Omar Faridi  |  

CIBC announced its “no annual fee” CIBC Adapta Mastercard, which is reportedly the first credit card in Canada that automatically “determines the cardholder’s top three spend categories each month based on where they spend the most, and rewards them with 50% more points on those… Read More

April 29, 2025 @ 9:45 pm By Omar Faridi  |  

In a transformative step toward bridging traditional finance and the digital economy, Mastercard (NYSE: MA) has unveiled an initiative to incorporate stablecoins into its global payments network. This move aims to make stablecoin transactions as intuitive and secure as conventional payments, enabling consumers to spend… Read More

April 25, 2025 @ 4:17 am By Omar Faridi  |  

Global payments infrastructure platform Mercuryo has launched Spend, a new crypto debit card powered by the Mastercard network. Available through Ledger Live, the app to “securely” manage crypto and NFTs, Ledger users can now “use the Spend debit card to make purchases using their digital… Read More

April 5, 2025 @ 1:39 pm By Tony Zerucha  |  

A new report from MoneyLion and Mastercard identifies links between financial, physical and mental wellness. It suggests that proper financial literacy tools could have benefits beyond the bank account. The report is part of the MoneyLion x Mastercard Health is Wealth campaign, which coincides with Financial Literacy Month and Physical… Read More

April 1, 2025 @ 8:44 pm By Omar Faridi  |  

Mastercard (NYSE: MA) is simplifying and scaling interactions among banks, platforms, and corporates alike by launching a new program to accelerate the adoption of virtual cards. This transformation is supported by advances in Mastercard’s embedded Virtual Card Number (VCN) technology, which is said to be… Read More

March 22, 2025 @ 5:43 pm By Tony Zerucha  |  

Frubana, a B2B online marketplace for the food service industry, has partnered with global nonprofit Accion and the Mastercard Center for Inclusive Growth to provide embedded financing solutions to small-scale restaurant owners in Brazil. The partnership seeks to provide access to credit to more than… Read More