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Mastercard
Europe's Economic Crossroads: Recession Fears and S&P Global's
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Will Blockchain Technology Mark a Turning Point in Fraud
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Payments
Mastercard Aims to Replace Numbers and Passwords with Biometrics by 2030
2024-11-21T13:30:40.286+02:00
The tokenization is reducing cart abandonment, generating $2 billion in sales monthly.
Global adoption of Payment Passkey and Click to Pay enhances secure digital payments.
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Payments
Mastercard Launches Local E-Commerce Payment Processing in Saudi Arabia
2024-10-22T18:52:40.744+02:00
The infrastructure supports over 30 payment methods and includes fraud detection features.
In 2023, Mastercard Gateway processed over 950 million payments in Saudi Arabia.
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Payments
Mastercard Partners with NymCard for Remittance Reach to 47 Countries
2024-09-11T13:23:32.740+02:00
The collaboration expands NymCard's BaaS capabilities and access to Mastercard’s payout network.
The report shows 48% of UAE residents plan to send more cross-border payments.
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Payments
Mastercard Teams Up with Saudi Fintech barq for Digital Payment Services
2024-09-06T11:25:30.260+02:00
barq will leverage Mastercard Gateway technology to provide faster, secure payments.
Earlier, barq partnered with TerraPay for money transfer both domestically and internationally
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CryptoCurrency
Mastercard Expands Crypto Payment Solutions with Debit Card for Self-Custodial Wallets
2024-09-05T19:35:14.882+02:00
The new debit card supports multiple cryptocurrencies, including Bitcoin.
It allows users to manage their private keys and control their funds without relying on centralized platforms like banks or exchanges.
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FinTech
Mastercard Takes On Fraud with Biometric Passkey Launch in India
2024-08-29T12:28:04.007+02:00
The service replaces traditional passwords and OTPs with fingerprints or facial scans.
It uses tokenization to protect payment and biometric data, reducing the risk of unauthorized access.
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FinTech
Visa and Mastercard Settlement: Merchants Get Extra Time to Claim $5.5 Billion
2024-08-19T19:00:12.891+02:00
The new claim deadline for the Visa and Mastercard settlement is February 2025.
It covers US businesses accepting Visa or Mastercard from January 1, 2004, to January 25, 2019.
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Payments
Wero Challenges Visa and Mastercard
2024-07-29T18:16:49.366+02:00
Europe's payment revolution might be underway.
Wero aims to simplify money transfers using phone numbers, not IBANs.
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FinTech
Mastercard Gets in the Driver's Seat with McLaren Racing's Formula 1 Partnership
2024-07-24T19:12:57.359+02:00
The deal will feature the company's branding on McLaren's cars and team apparel starting this year.
The partnership aims to provide exclusive event access and experiences for Mastercard cardholders to enhance fan engagement.
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FinTech
Mastercard's Click to Pay Now Available Through Ecommpay in UK, Europe
2024-07-18T21:08:30.762+02:00
The offering eliminates the need for passwords and manual card entry by utilizing user recognition.
Ecommpay has embedded the Click to Pay technology within its online payment interface, which major card networks support.
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Payments
Mastercard's Palm Payments and a New Era of Contactless Transactions
2024-07-11T17:56:01.278+02:00
The future of payments is here, and it’s in the palms of our hands.
Are traditional wallets becoming a thing of the past?
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FinTech
Nuvei Partners with Mastercard: Crypto-to-Fiat Transfers and Global Use
2024-07-11T16:43:02.433+02:00
This partnership aims to connect traditional payments, open banking, and blockchain technology.
Consumers can quickly transfer converted digital assets to their Mastercard.
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FinTech
Mastercard and Ant Group Expand Payment Program for Inbound Travel to Western China
2024-07-04T19:15:36.588+02:00
The partnership aims to improve digital payment services for international travelers visiting Chengdu and Chongqing.
The digital payment program targets over 60 shopping areas, tourist spots, airports, and railway stations.
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Payments
What the Rejection of the Visa and Mastercard Settlement Signals for the Payments Industry
2024-07-03T17:16:24.833+02:00
5 key takeaways from Judge's denial of $30B Visa and Mastercard deal.
Swipe fee settlement rejected: A new era of scrutiny in the payments industry.
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FinTech
US Judge Delays Visa, Mastercard $30 Billion Settlement on Swipe Fee Lawsuit: Report
2024-06-26T19:03:14.923+02:00
The federal judge halted the settlement that sought to cap merchant fees, signaling a possible rejection.
The settlement, aimed at reducing and capping transaction fees, has encountered resistance from major retail groups.
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Payments
China Pushes Visa and Mastercard to Lower Foreign Card Fees
2024-06-21T10:22:58.789+02:00
The Payment & Clearing Association of China is pushing to reduce foreign card transaction fees to 1.5%.
China aims to ease payments for visitors by cutting fees for foreign bank cards.
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FinTech
Mastercard Collaborates with Thought Machine to Modernize Banking Systems
2024-06-17T16:36:47.648+02:00
This partnership aims to enable banks to transition from outdated core banking systems.
It features tools for personalized and integrated customer services, such as in account-opening processes.
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Payments
Mastercard and Doha Bank Join Forces to Boost Digital Payments in Qatar
2024-06-13T10:59:36.672+02:00
The partnership will enhance digital payments business using Mastercard's expertise.
Qatar's focus on digital transformation is supported by the collaboration on advanced payment.
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Mastercard to Replace Card Numbers with Token-Based Payments across Europe by 2030
2024-06-11T16:31:59.754+02:00
This shift involves using tokenization and biometric authentication to enhance security and convenience.
Mastercard is collaborating with banks, fintech firms, merchants, and other partners to ensure a smooth transition.
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FinTech
Visa and Mastercard Face Fresh Trouble in the UK as Tribunal Approves Merchant Lawsuits
2024-06-07T20:14:48.457+02:00
The Competition Appeal Tribunal in London ruled that collective lawsuits against Visa and MasterCard over fees can continue.
This ruling enables more merchants to join forces in seeking damages.
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CryptoCurrency
Binance Reintroduces Purchases and Deposits Using Mastercard
2024-06-06T16:30:59.680+02:00
The card payment giant paused this service in August 2023 due to legal challenges facing Binance in the US.
Mastercard plans to support Binance's other services, such as withdrawals.
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Thought Leaders
MasterCard Crypto Credential Launches Seamless Crypto Transfers to Global Users
2024-06-05T16:33:50.426+02:00
The service will allow users across the world to send crypto payments and remittances.
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FinTech
Mastercard Engage Program Welcomes Sumsub for Fraud Protection
2024-06-05T11:12:22.241+02:00
Sumsub will offer its verification and anti-fraud solutions for customer onboarding.
Integration addresses urgent need for transaction monitoring amidst fraud rise.
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Payments
Temenos Collaborates with Mastercard to Enhance Cross-Border Payment
2024-06-04T11:35:15.279+02:00
The collaboration aims to improve payment infrastructure for financial institutions and clients.
Mastercard Move enables secure and swift transfers via various disbursement options.
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FinTech
Mastercard Takes Its Biometric Checkout Program to Uruguay
2024-06-03T16:57:54.516+02:00
Shoppers at Red Expres can register their payment details and biometrics on-site.
Initially launched in Brazil, the system is expanding globally with new planned pilots.
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