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January 16, 2025
On the web
Digitalizing the Public Purse: The Next Generation of G2P Payments
Mastercard
"Mastercard for Government’s new two-part white paper, “Digitalizing the public purse,” explores how payment flows to and from government can harness digital payments."
Mastercard and FreedomPay Unlock Global Commerce With New Payment Gateway Partnership
FreedomPay
"FreedomPay announced a strategic alliance with Mastercard. This collaboration will provide businesses worldwide with a global payment gateway solution, streamlining their ability to connect with acquirers and accept a wider range of payment methods."
January 10, 2025
On the web
Mastercard Crypto Credential Launches in the UAE and Kazakhstan, Simplifying Cryptocurrency Transactions
Mastercard
"Mastercard has introduced the latest expansion of its innovative Mastercard Crypto Credential solution to the UAE and Kazakhstan, marking its debut in the Eastern Europe, Middle East and Africa (EEMEA) region."
December 12, 2024
On the web
10 Top Payments Trends for 2025 — And Beyond
Mastercard
"Within just the past few years, payments have transformed entirely — tap to pay has become even more prevalent, traditional financial institutions are exploring blockchain, and generative AI is emerging as critical to boosting fraud protection rates by as much as 300%. Borders are no longer barriers to global trade, instant access to earnings is the expectation, not a perk, and paper checks and physical wallets are fast becoming museum pieces — at least among the youngest of us."
December 5, 2024
On the web
Mastercard Center for Inclusive Growth Announce AI2AI Challenge Awardees
Mastercard
"The Mastercard Center for Inclusive Growth and data.org today announced the five awardees of the Artificial Intelligence to Accelerate Inclusion (AI2AI) Challenge, a global call for AI solutions that advance inclusion and economic empowerment."
December 4, 2024
On the wires
Mastercard Reaches ‘Agreement in Principle’ to Settle Mass UK Fees Case
Reuters
"Mastercard has reached an agreement in principle to settle a collective London lawsuit brought on behalf of British consumers over card fees. The global payments processor was facing a lawsuit brought by consumer champion Walter Merricks on behalf of approximately 46 million adults in the United Kingdom."
December 2, 2024
On the web
Mastercard Spendingpulse: Us Black Friday Retail Sales up +3.4% vs. Last Year
Mastercard
"According to preliminary insights from Mastercard SpendingPulse™, U.S. retail sales excluding automotive were up +3.4% on Black Friday, November 29 compared to Black Friday 2023. Mastercard SpendingPulse measures in-store and online retail sales, representing all payment types, and is not adjusted for inflation."
November 22, 2024
Top Post
Mastercard’s MTM Connects to J.P. Morgan’s Kinexys Digital Payments for Settlement
Mastercard
"Mastercard’s Multi-Token Network (MTN) has connected to Kinexys Digital Payments as a payment settlement solution to enhance the availability of B2B cross-border payments to business applications on MTN. Kinexys Digital Payments is a next-generation payment rail powering real-time value transfer using commercial bank money, offered through Kinexys by J.P. Morgan, the firm’s blockchain business unit."
November 20, 2024
On the web
Unwrapping 2024 Canadian Holiday Shopping Trends
Mastercard
"This holiday season, from November 1 to December 24, Canadian total retail sales are expected to increase 2.2% year-over-year (YoY), according to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment. In-store shopping is expected to continue to outperform online sales this year, as consumers look to maximize budgets browsing through brick-and-mortar storefronts for sales."
November 15, 2024
On the web
Mastercard Extends Live Music Footprint With New U.S. Benefits for Cardholders
Mastercard
"Beginning early 2025, Mastercard cardholders will gain exciting access to tickets and Priceless Experiences at major music venues and festivals in the U.S."
November 14, 2024
On the web
Mastercard Reinvents Checkout With Password and Number Free Payments
Mastercard
"By 2030, Mastercard aims to eliminate the need for manual card entry and one-time or static passwords by combining tokenization, introduced ten years ago to protect sensitive personal and payment data, with biometric authentication for secure, seamless checkout."
November 13, 2024
On the web
Mastercard Launches ‘Pay Local,’ Linking Its Cards to 4 Major Asian e-Wallets
Fintech Singapore
"Mastercard has unveiled “Pay Local,” a new service that allows travelers to use their existing credit or debit cards within popular Asian digital wallets. The service will be integrated by prominent digital wallets in the region, including DANA in Indonesia, Touch ‘n Go in Malaysia, Bakong in Cambodia, and LankaPay in Sri Lanka."
November 12, 2024
On the web
Mastercard Collaborates With Tap Payments on First Global Launch of ‘Click to Pay’ With Payment Passkey Service for Ecommerce
Mastercard
"Mastercard has partnered with Tap Payments, one of the leading payment institutions and technology providers in the Middle East and North Africa, to introduce a global-first Click to Pay with Payment Passkey service for secure ecommerce transactions."
November 6, 2024
Top Post
Mastercard Goes OTP-Free in APAC for Faster, Safer Online Transactions
PR Newswire
"As payments become more intricate, Mastercard announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day."
On the web
TheFork and Mastercard Join Forces to Enhance Culinary Experiences for Cardholders
Mastercard
"TheFork and Mastercard have forged a multi-year partnership to elevate the dining experience for Mastercard cardholders. Cardholders in Europe and those traveling to the region will have always-on access to reservations and a selection of exclusive, culinary-centered Priceless Experiences through priceless.com and TheFork platform."
Mastercard, Kenya’s DTB Ink 10 Year Digital Payments Deal
ITWeb Africa
"MasterCard and Diamond Trust Bank (DTB) have reached a 10-year agreement to provide tailored digital payment solutions in Kenya, Uganda, and Tanzania. The partnership will focus on providing innovative, secure, and convenient payment solutions, such as customized card products and advanced transfer services for peer-to-peer, business-to-business, and person-to-business transactions."
November 5, 2024
Top Post
Mastercard Launches Pay Local to Empower Digital Wallet Providers With New Ways to Pay
Mastercard
"Mastercard launched Mastercard Pay Local, a global service that seamlessly connects consumers and merchants by allowing consumers to make card-based payments using local digital wallets."
October 30, 2024
Top Post
Mastercard Launches New Gen AI Digital Assistant Capabilities to Enhance Customer Value
Mastercard
As the rate of technology innovation accelerates, automating business processes using AI is a critical requirement. To meet the expectations of both customers and employees, Mastercard today expanded a suite of AI solutions with a new program to build and deploy knowledge agent tools.
October 28, 2024
On the web
Mastercard: Joins Buna, the Arab Regional Payment System
MarketScreener
"Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-border payments through a first-of-its-kind public-private collaboration between Mastercard and the Arab Regional Payment System, Buna."
October 25, 2024
On the web
Mastercard Is Expanding Its US Installments Program to Provide More Payment Flexibility at Checkout
Mastercard
"Mastercard is expanding its US Installments experience at checkout to provide consumers with more choice in how they pay through Mastercard Installment Payment Services. Through a single and streamlined platform, players across the ecosystem – merchants, financial service providers, payments processors, digital wallets – will be able to present installment offers for consumers to any eligible credit card from participating issuers."
October 24, 2024
On the web
Mastercard Expands Product Express Platform to Help Fintechs Accelerate the Launch of New Card Programs and Other Payment Solutions
Mastercard
"Mastercard announced the expansion of its Product Express platform in Africa and Middle East, Europe, North America, and more markets in Latin America to help fintechs launch card programs quickly and through a process that’s simple and transparent."
October 23, 2024
On the web
Mastercard Pilots New Open Banking ‘Data Command Centre’
Open Banking Expo
"Mastercard has introduced a new data command centre, ‘Mastercard Connect Plus’, that will give consumers control of where, how and with whom their financial data is shared. The new tool will enable individuals to search for and link their bank accounts, view which third-parties have consent to access that account’s data, and grant and revoke consent in real time, within one digital web application."
October 21, 2024
Top Post
Mastercard Transforms Cross-Border Payments for Banks With Industry-First Innovation
Mastercard
"Mastercard announces Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. The new solution aims to simplify operations, optimize liquidity, reduce counterparty risk and provide end-to-end visibility for banks and their customers."
October 18, 2024
On the web
Mastercard Highlights the Growing Case for Biometric Authentication and Payment Passkeys
Biometric Update
"At the Authenticate conference, Mastercard executives Jonathan Grossar, VP, product management, and Fred Tyler, VP, emerging digital products for North America, delivered a presentation on the future of digital payments, emphasizing the case against passwords and the rise of biometric authentication."
October 17, 2024
On the web
Mastercard, Visa Warning Over RBA Push to Change Card Fees: ‘No Such Thing as a Free Lunch'
Yahoo Finance
"Mastercard and Visa have warned of the "unintended consequences" if the Reserve Bank of Australia (RBA) makes changes to card fees. The RBA is conducting a large-scale investigation into the card system, how they affect people across the country, and whether they're still fit for purpose more than 20 years after they were introduced."
October 14, 2024
On the web
Mastercard: A Digital Way to Answer the Age-Old Question ‘Can I See Some ID?’
Mastercard
"As we interact across the digital world, we’re asked to verify our identity, whether we’re opening a new account or making a purchase....Now, thanks to new EMVCo industry specifications and Mastercard’s Identity Attribute Verification service, issuers will soon be able to confirm cardholders’ additional attributes, such as their age, date of birth or address...Initially, the focus wil be on a few countries across Europe, with plans to expand into additional markets in 2025."
October 10, 2024
On the web
Vodafone, Sumitomo Corporation, and Mastercard Team up to Advance the Economy of Things
Mastercard
"Pairpoint – Vodafone and Sumitomo Corporation’s Economy of Things business – and Mastercard announced a new collaboration and payments service that will allow fleet, freight, shipping, and logistics operators to authorise machines to trade with other machines on their behalf."
On the wires
Citi and Mastercard Join Forces to Transform Global Cross-Border Payments
Business Wire
"Citi and Mastercard announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets worldwide, with plans for further expansion. Citi is the first global bank to enable cross-border payments to Mastercard debit cards using Mastercard Move, tapping into the speed, security and transparency of the Mastercard network."
October 8, 2024
Top Post
Mastercard Accelerates the Path Toward Real-Time Card Payments
Business Wire
"Instant and secure payments can act as a multiplier to help businesses and economies thrive and grow. To further Mastercard’s vision of bringing immediacy to card payments, the company announced that South Africa will be the first market in the world to benefit from the security and speed of immediate Mastercard card payments."
On the web
Mastercard Launches New Benefits in Support of Canadian Small Businesses
Mastercard
"Mastercard announced new cardholder offerings to benefit Canadian small businesses, growing its suite of existing tools and solutions. Through strategic partnerships with Slack, Asana, FlexiRoam, H&R Block and others, Mastercard is reinforcing its commitment to helping every small business thrive."
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