Tagged: mastercard

August 3, 2024 @ 4:53 pm By Tony Zerucha  |  

Forensic Risk Alliance, an independent forensic consultancy specializing in regulatory investigations, compliance and disputes, has named US-based cryptocurrency specialist Thomas Hyun as a director in the firm’s global Cryptocurrency Investigations and Compliance practice. Hyun brings years of experience building and leading anti-money laundering (AML) compliance… Read More

July 27, 2024 @ 9:43 am By Tony Zerucha  |  

NordPass’s head of product research and development, Sorin Manole, said Mastercard’s recent commitment to reaching full e-commerce tokenization by 2030 in Europe enables better security through the increased use of passkeys. In practice, this means that cardholders can enable passkeys to authenticate e-commerce transactions. “From… Read More

July 13, 2024 @ 6:12 am By Tony Zerucha  |  

Online travel platform Expedia Group has finalized a multiyear agreement with Wells Fargo and Mastercard to launch two new co-branded credit cards. Designed to complement One Key, Expedia Group’s loyalty program, the One Key Card and One Key+ Card will offer more flexibility, savings, and… Read More

June 26, 2024 @ 10:49 pm By Omar Faridi  |  

Bluevine, the banking platform that serves as the financial operating system for startups and small businesses, today announced the general availability of the Bluevine Business Cashback Mastercard, which offers small business owners “essential access to working capital along with an expansive menu of business tools,… Read More

June 21, 2024 @ 7:15 am By Omar Faridi  |  

Mastercard (NYSE: MA) has provided an update on its efforts related to scaling open banking to unlock Fintech innovation and enabling choice. The company states that Mastercard Start Path is supporting nine startups across open banking and embedded finance. Mastercard is introducing nine Fintechs “to… Read More

June 17, 2024 @ 8:22 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Thought Machine, a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernize their technology stack. Mastercard’s… Read More

June 12, 2024 @ 10:50 am By JD Alois  |  

Pagaya Technologies (NASDAQ: PGY) says it is joining the Mastercard Engage program. The program seeks to connect qualified Fintechs to banks, merchants, and more to help them accelerate product innovation through access to the company’s global network. As part of the program, Pagaya’s AI network… Read More

June 12, 2024 @ 8:21 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced its vision for 100% e-commerce tokenization in Europe by the end of the decade. This supports a global commitment to “phase out manual card entry and make e-commerce safer and more accessible for everyone.” As payments become more intricate, Mastercard is… Read More

June 9, 2024 @ 10:09 am By Omar Faridi  |  

A group of financial institutions and Web3 innovators have contributed to an in-depth paper on a path to achieve interoperability for tokenized assets across public blockchains, private blockchains and legacy systems. Released recently, “Institutional Interoperability: How Financial Institutions Navigate a Multichain World” addresses how to… Read More

June 7, 2024 @ 9:31 am By Omar Faridi  |  

Mastercard (NYSE: MA) has announced the launch of ‘Mastercard For Fintechs’, the company’s new program designed to support fintechs across Western Europe, equipping them with the tools and expertise to drive ongoing growth and propel them to the next level. ‘Mastercard For Fintechs’ has been… Read More

June 5, 2024 @ 10:53 pm By Omar Faridi  |  

bunq, which claims to be the second largest neobank in Europe, has partnered with Mastercard to offer its 12.5 million users across Europe a complete overview of their finances. This is achieved by leveraging Mastercard’s Open Banking platform, “which allows users to add accounts from… Read More

June 5, 2024 @ 7:20 am By Omar Faridi  |  

Temenos (SIX: TEMN) announced a collaboration with Mastercard, a global technology company in the payments industry, “to accelerate the implementation and delivery of Mastercard Move, Mastercard’s portfolio of money transfer capabilities, to banks and their customers.” Mastercard Move’s solutions enable banks “to move money internationally… Read More

June 1, 2024 @ 2:56 pm By Michael Wong  |  

Ant Group and Mastercard, alongside 12 overseas payment partners of Alipay+ and other major card organizations, announced the launch of the International Consumer Friendly Zones program in Shanghai. This initiative aims to enhance the travel experience for global visitors and stimulate economic growth for local… Read More

May 31, 2024 @ 9:18 am By Omar Faridi  |  

Breaking new ground in Europe, the Mastercard (NYSE: MA) hub will contribute to further “securing the commerce and payment ecosystem in the region.” Mastercard recently confirmed the opening of its European Cyber Resilience Centre (ECRC) at its European Headquarters reaffirming “the company’s commitment to combatting… Read More

May 30, 2024 @ 8:22 am By Omar Faridi  |  

NatWest has extended access to Business Savings from Mastercard to business debit card customers. Business Savings is a merchant discount program “provided by Mastercard which gives small business customers access to merchant offers when paying with an eligible Business Mastercard at merchants participating in the… Read More

May 27, 2024 @ 9:58 pm By Omar Faridi  |  

As fraudsters seek new ways to exploit technology, Mastercard (NYSE: MA) is using generative AI to double the speed at which it can detect potentially compromised cards, further protecting cardholders and securing the ecosystem. Fraudsters steal millions of payment card numbers “through spyware, malware, and… Read More

May 22, 2024 @ 12:30 pm By Omar Faridi  |  

As consumers seek easier and safer shopping experiences, Mastercard (NYSE: MA) and Salesforce (NYSE: CRM) announced a new integration to enhance trust across the ecosystem, helping customers speed up the resolution of transaction disputes, and reduce costs associated with resolving them. Disputes and chargebacks, where… Read More

May 22, 2024 @ 9:24 am By JD Alois  |  

Today, the UK Payment Systems Regulator (PSR) has decided that cards do not face effective competition. The PSR states that it has “provisionally” determined there is not enough competition in the supply of scheme and processing services to acquirers. Additionally, pricing is complicated, having risen… Read More

May 1, 2024 @ 10:01 am By Omar Faridi  |  

Mastercard (NYSE: MA) introduces new capabilities and benefits for Engage and Fintech Express, making it easier for fintech partners to bring new solutions to market Mastercard is enhancing the Engage program and Fintech Express platform, “making it even easier for fintechs and enablers to partner… Read More

April 20, 2024 @ 7:51 am By Omar Faridi  |  

Analysis of pseudonymized and aggregated data from 3.6 million Nubank (NYSE: NU) customers illustrates drivers and barriers along the journey to long-term financial health. Recently, Nubank and Mastercard (NYSE: MA) released findings “from a study measuring the financial inclusion impact on individuals, including some who… Read More