Mastercard
"Mastercard Start Path announced five companies that have joined the startup engagement program for Blockchain and Digital Assets: Plume, Nomyx, Borderless.xyz, keyrails and Nominis. This program, first launched in 2023, is dedicated to supporting high-potential startups fueling the future of digital finance through trusted, blockchain-powered innovation."
Banking Exchange
"Citi and U.S. Bank Mastercard cardholders will be the first to trial Agent Pay, a new service that allows AI agents to initiate and complete transactions on behalf of users. Mastercard unveiled the technology in April and plans to roll it out to all US cardholders by the holiday season, ahead of a global launch. Agent Pay is designed to embed payments into the growing ecosystem of agentic AI, which are artificial intelligence tools that act independently to handle tasks for users."
PR Newswire
"Mastercard has announced the local launch of a new embedded virtual card payment capability, with Westpac becoming the first commercial issuer in Australia to activate the solution for clients using Oracle Fusion Cloud Enterprise Resource Planning (ERP). The integration leverages Mastercard's innovative virtual card solution and Oracle's B2B technology platform to deliver a seamless, secure, and fully embedded virtual card experience."
Business Wire
"Mastercard is working with AI and commerce leaders including Stripe, Google and Ant International’s Antom to make secure agentic transactions accessible and scalable for digital merchants and platforms globally. By the holiday season, all U.S. Mastercard cardholders will be enabled for the Mastercard Agent Pay program, with global rollout to follow shortly thereafter. Ahead of this, Citi and U.S. Bank Mastercard cardholders will be the first to have the opportunity to experience AI-enabled shopping as agentic commerce providers and enablers like PayOS and other industry players go live."
Mastercard
"Mastercard in collaboration with NCR Atleos and ITCARD, can provide cash securely withdrawn – and other services accessed - using your phone—no PIN required. Multiple countries in Europe have already deployed contactless ATMs. However, when using their mobile phone, the cardholder is asked to enter their PIN in addition to authenticating themselves via mobile wallet using biometrics. The Consumer Device Cardholder Verification Method (CDCVM) streamlines this process, verifying a cardholder’s identity using a mobile device for contactless payments. The consumer authenticates themselves on their phone before tapping the ATM to start their transaction thereby streamlining interactions at the ATM."
Mastercard
"Mastercard unveiled On-Demand Decisioning (ODD), a new solution that gives financial institutions more control over authorization decisions. It is the first offering of its kind that allows an issuer the ability to define decisioning criteria directly on the Mastercard network — unlocking new opportunities to optimize performance and ensure transaction outcomes are aligned with the financial institution’s consumer experience strategy."
Yahoo Finance
"Infosys announced a strategic collaboration with Mastercard to offer financial institutions enhanced access to Mastercard Move, its portfolio of money movement capabilities. Mastercard Move provides direct disbursers, banks, non-bank financial institutions and their customers with fast, secure money transfer solutions, both domestically and internationally."
Mastercard
"For decades, the point of sale (POS) has been the driving force behind in-store transactions. However, in the rapidly advancing landscape of technology, emerging innovations are redefining the traditional POS. As technology continues to move forward, customers are seeking seamless and personalized shopping experiences."
Mastercard
"More seamless EV charging, real-time parking info and remote software updates can help revolutionize how we get around."
Mastercard
"Mastercard and Circle are deepening their longstanding partnership to enable USDC and EURC settlement for acquirers in the Eastern Europe, Middle East, and Africa (EEMEA) region. This expanded effort marks the first time that the acquiring ecosystem in EEMEA will be able to settle transactions in stablecoins, further cementing Mastercard’s role in connecting blockchain-native crypto assets with traditional fiat commerce infrastructure. Arab Financial Services and Eazy Financial Services will be the first to benefit from this expanded effort."
Mastercard
"Africa is at an inflection point, when smart technologies hold the potential to make a real difference to people’s lives. A co-ordinated, integrated approach to the development and implementation of artificial intelligence (AI) strategies can propel sustainable and equitable development, with gains in fields such as economic policymaking, agriculture, manufacturing, banking, and finance."
Faster Payments Council
"In today's fast-evolving financial ecosystem, ISO 20022 has emerged as a foundational standard driving greater efficiency, transparency, and innovation across global payments. Whether enabling seamless buyer-to-supplier transactions, powering mobile banking apps for real-time foreign exchange and travel payments, or streamlining regulatory compliance, ISO 20022 provides the structured, data-rich messaging that modern finance demands."
Biometric Update
"Online ID verification causes friction for customers more often than not, yet identity theft makes up 40 percent of Europe’s online fraud. Digital identity can work simply and deliver trust like payment cards, however, says Mastercard. The EU Digital Identity Wallet is in part a recognition of this issue, according to a post by Mastercard EVP for Services Europe Michele Centemero, who sees an opportunity for digital ID to work more like his company’s forte, digital payments."
Mastercard
"The World Bank Group has signed on as co-chair of the Mobilizing Access to the Digital Economy (MADE) Alliance: Africa, an initiative aiming to provide digital access to critical services for 100 million individuals and businesses across Africa by 2034."
Mastercard
"Mastercard has not evaluated any game or required restrictions of any activity on game creator sites and platforms, contrary to media reports and allegations. Our payment network follows standards based on the rule of law. Put simply, we allow all lawful purchases on our network. At the same time, we require merchants to have appropriate controls to ensure Mastercard cards cannot be used for unlawful purchases, including illegal adult content."
Mastercard
"To support banks and deliver the payment protection consumers expect, Mastercard unveils Mastercard A2A Protect, a new global service launching first in the UK. By combining cutting-edge fraud prevention technology and a new clear dispute resolution framework, Mastercard A2A Protect will enable banks to provide consumers with the appropriate levels of protection against fraudsters. Today, 15 banks representing 90% of UK account-to-account payments protect their customers with Mastercard’s innovative AI powered real-time transaction scoring service Consumer Fraud Risk (CFR)."
Mastercard
"Mastercard and BMO announced an expansion of BMO’s Global Money Transfer service, powered by Mastercard Move’s global money movement capabilities. With the addition of new destinations and currencies, BMO’s Canadian personal banking clients will now be able to reach family and friends in nearly 70 destinations across Europe, the Middle East, Africa, Asia Pacific, Latin America and the Caribbean."
Mastercard
"Mastercard is modernizing supplier reconciliation and streamlining virtual card payments with several new enablers. It’s launching widescale global availability of Mastercard Receivables Manager, its automated solution that makes virtual cards more efficient, secure and cost-effective for businesses to accept. To give payment service providers greater flexibility in how they offer B2B payment innovations, Mastercard is also introducing Commercial Direct Payments, an advanced straight-through processing solution that fully automates virtual card payments and reconciliation."
Mastercard
"Mastercard is the first payment network to bring AI-powered card design to market. The tool enables the creation of stunning cards with a click of a button – streamlining market readiness and boosting brand impact."
Mastercard
"Mastercard is deepening its global payments partnership with Uber to improve experiences for drivers, couriers and Mastercard cardholders using the Uber platform. Uber will leverage a range of Mastercard products and services – including Mastercard Move for real-time disbursements, Mastercard One Credential to simplify the payment experience, and Mastercard Gateway capabilities for collections – to support its business operations."
Mastercard
"New Mastercard research reveals a powerful paradigm shift: consumers are prioritizing connection and spending time and money on what genuinely fulfills them – experiences with people who matter the most. To meet these evolving needs, Mastercard is unveiling a new suite of elevated benefits – The Mastercard Collection – across its World, World Elite and newly created World Legend Mastercard cards."
Open Banking Expo
"Equifax Australia and Mastercard announced a strategic relationship, bringing together data and analytics capabilities from Equifax alongside Mastercard Open Finance solutions to deliver innovative products to the Australian market to create greater financial inclusion. The first milestone is the launch of Equifax Open Score, a new bank transaction score designed to support the more than 2.5 million Australian consumers with limited or no credit history who may still need access to financial services."
Business Wire
"New Mastercard research reveals a powerful paradigm shift: consumers are prioritizing connection and spending time and money on what genuinely fulfills them – experiences with people who matter the most. To meet these evolving needs, Mastercard is unveiling a new suite of elevated benefits – The Mastercard Collection – across its World, World Elite and newly created World Legend Mastercard cards."
Reuters
"Apple, Visa and Mastercard have persuaded a U.S. judge to dismiss a lawsuit accusing them of conspiring to suppress competition in the payments network market and causing merchants to pay inflated transaction fees."
Mastercard
"Mastercard and Pay4You, a self-service payment portal, have announced a new partnership to deliver a comprehensive 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 corporations to manage their travel spend. Tail spend refers to the portion of a company's expenditures that are not actively managed by procurement."
Reuters
"The Bank of England has fined payment systems firm Vocalink Ltd 11.9 million pounds ($16.19 million) for falling short of its obligation to have adequate risk management and governance arrangements.Owned by U.S. payment processor Mastercard, Vocalink designs, builds and operates bank account-based payment systems in Britain, processing over 90% of salaries, more than 70% of household bills and 98% of state benefits, according to its website."
Mastercard
"Mastercard has expanded its U.S. Small Business Navigator platform with a new offer from Fiserv’s Clover, one of the country’s largest point-of-sale and business management systems. As part of this broader collaboration, the first 1,000 small businesses to apply and qualify under the offer terms before December 31 will receive a select Clover device for just one penny per month in hardware rental fees."
MarketWatch
"Mastercard Inc. said it’s working to weave Fiserv Inc.’s FIUSD stablecoin into a range of its payment products. It’s another traditional financial firm jockeying for a seat at the table as cryptocurrencies become more mainstream."
PR Newswire
"Chainlink and Mastercard are connecting the offchain payments world directly to the onchain DeFi world in close partnership with zerohash, Swapper Finance, Shift4 Payments, and XSwap, while leveraging the Uniswap protocol."
Mastercard
"OnePay, a leading consumer fintech, and Synchrony announced a strategic partnership to exclusively power a new industry-leading credit card program with Walmart (NYSE: WMT). The credit card program is expected to launch this fall, with the experience embedded inside the OnePay app and powered by Mastercard’s global payments network, and will be made available to millions of Walmart customers and to consumers across the U.S."