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August 10, 2023

On the web

July 27, 2023

On the wires

July 24, 2023

On the web

Mastercard Introduces a Fast, Safe and Cost-Effective Solution for Businesses to Accept Virtual Card Payment


"Today, Mastercard announces the launch of Mastercard Receivables Manager, a new, automated solution that streamlines the way businesses accept and process virtual card payments. The innovation complements Mastercard’s virtual card platform as the company provides choice in payments to players across the ecosystem and accelerates the digitization of B2B transactions across buyers and suppliers."

July 18, 2023

On the web

July 7, 2023

On the web

Mastercard Launches New AI Real-Time Anti-Fraud Tool in UK


"Mastercard Inc. today announced that it has teamed up with nine British banks to combat consumer fraud using a new artificial intelligence solution that can detect scams in real-time and protect customers before money leaves the victim’s accounts. Nine of the biggest banks in the United Kingdom including Lloyds Banking Group Plc, Halifax, Bank of Scotland Plc, NatWest Group Plc, Monzo Ltd. and TSB Banking Group Plc joined Mastercard to use the AI system to catch fraudsters and prevent payment scams."

June 29, 2023

Top Post

June 28, 2023

On the web

Euronet to Increase Visibility for Its Ren Payments Platform in Latin America and the Caribbean Through Mastercard Engage and Fintech Express Programs

EIN News

"Euronet, a leading global financial technology solutions and payments provider, today announced it is joining the Mastercard Fintech Express and Mastercard Engage programs in Latin America and the Caribbean (LAC), which connect fintech businesses with qualified service providers and accelerate the launch of new card programs."

June 21, 2023

On the wires

Pay Like a Local: Alipay and Mastercard Offer International Travelers Another Convenient Way to Make Cashless Payments in China

PR Newswire

"With the resumption of travel and tourism to China in full swing, Mastercard and Alipay, China's leading digital open platform under Ant Group, today announced the launch of a new payments option that provides international arrivals to China with another simple and secure way to go cashless when visiting the country."

June 9, 2023

On the web

On the wires

May 26, 2023

On the web

On the wires

UniCredit and Mastercard Expand Payments Partnership

Business Wire

"UniCredit and Mastercard today announce a global expansion of their payment partnership. The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe."

May 23, 2023

On the web

The Future of Payments (Mastercard)


"By the end of the decade, we will witness significant innovations that will reshape commerce and usher in “the next economy." The transformative changes ahead include a reimagining of money, new ways to exchange value, intelligent experiences that cut across physical and digital environments, and elevated principles of inclusivity and sustainability changing how we design, build and deliver products."

May 17, 2023

On the web

Mastercard Ramps Up Fraud Protection for eCommerce Merchants by Integrating Vesta Solutions into Mastercard Payment Gateway Services


With merchants estimated to suffer more than US$48 billion in eCommerce fraud globally in 2023 – 22% of that in Asia[1] – Mastercard today announced the expansion of its partnership with Vesta, the global leader in payment fraud protection. Building on the two firms’ existing fraud detection collaboration, Mastercard will be integrating Vesta’s iron-clad Payment Guarantee™ and Payment Protect risk scoring solution into its Mastercard Payment Gateway Services (MGPS) platform. Starting in the second half of 2023, MPGS customers in the Asia Pacific region will be given optional access to both fraud fighting solutions which would offer total protection for their eCommerce transactions and take their cost of fraud to zero.

May 8, 2023

On the web

Your Real-Time Guide to Real-Time Payments (Mastercard)


"For the last century or so, cash and checks have been the methods of choice for doing business, although more recently, electronic bank transfers have allowed us to make payments directly from our bank accounts instead. But even today, checks can still take a day or longer to clear, and the speed of electronic bank transfers are dependent on a country’s banking infrastructure. Traditionally, they have been processed in large batches once a day or several times a day and didn’t process electronic payments at all at night or on weekends."

May 2, 2023

On the web

May 1, 2023

On the web

Mastercard Expands Crypto Foothold With Crypto Credential Services


"Mastercard has launched a new service called "Mastercard Crypto Credentials," which allows banks and other financial institutions to store and verify customers' digital assets, including cryptocurrencies. The service aims to reduce the risk of fraud and enhance security in cross-border transactions involving digital assets while helping boost the blockchain industry's credibility."

April 28, 2023

On the web

April 27, 2023

On the web

Mastercard Faces DOJ Antitrust Probe Over Debit Practices

Yahoo Finance

"Mastercard Inc. said the US Department of Justice is investigating whether the company has acted in an anticompetitive manner in its debit-card business, a signal that the agency has widened a probe that previously centered on rival Visa Inc. Mastercard said it received a civil investigative demand from the department last month seeking documents regarding a potential violation of certain sections of the Sherman Act, a sweeping law meant to protect competition."

April 25, 2023

On the web

EthSwitch, Ethiopia’s National Payment Switch, Partners with MasterCard to Expand Access to Local, Cross-Border Payments


"MasterCard has entered into a Memorandum of Understanding (MoU) with EthSwitch, the national payment switch of Ethiopia, to facilitate the implementation and widespread adoption of digital payment services by financial institutions throughout the country. According to a statement released in April 2023, MasterCard said the partnership shall enable EthSwitch to further expand the accessibility and availability of digital money transfers by utilizing MasterCard Send, a platform that enables instantaneous domestic and cross-border money transfers."

April 11, 2023

On the wires

Mastercard’s Cross-Border Services Express Helps Modernize International Payments


"Today, Mastercard introduced Cross-Border Services Express, a new tool that enables financial institutions to seamlessly set up international payments for their customers, including consumers and small and medium-sized enterprises (SMEs), which have a strong need for improved cross-border payment capabilities. Increasingly, consumers and businesses are looking for ways to send money or pay vendors across the globe quickly and securely. Cross-Border Services Express delivers that completely in a digital-first experience."

April 4, 2023

On the wires

Transcard Integrates with Mastercard Track™ Business Payment Service to Streamline the Exchange of B2B Payments Data

PR Web

"Transcard, a global leader in payment and data technology, today announced that it has successfully integrated its family of embedded payment solutions, called SMART Suite, with one of Mastercard's innovative commercial offerings, Track Business Payment Service. Mastercard Track™ Business Payment Service will facilitate the exchange of data connected to payments made via Transcard’s SMART Suite. Mastercard Track™ Business Payment Service is a global open-loop commercial network that simplifies and automates the exchange of payments data between buyers and suppliers."

April 3, 2023

On the web

Visa, MasterCard Tell UK Tribunal to Block New Mass Actions


"Global payments processors Visa and Mastercard are fighting a new set of lawsuits over fees charged to retailers, with their lawyers telling a London tribunal on Monday that the proposed collective cases serve no purpose. The two firms already face a litany of lawsuits in London over so-called multilateral interchange fees, which retailers pay when consumers use a card to shop. Visa and Mastercard are each being sued by hundreds of claimants at London's Competition Appeal Tribunal, which is currently managing the various cases together."

March 29, 2023

On the wires

Mastercard and LUBUDS Group Partner to Re-establish Hong Kong as One of Asia's Premier Culinary Destinations

PR Newswire Asia

"Distinguished homegrown culinary group LUBUDS and Mastercard today announced a new partnership that will see the two companies co-creating tantalizing offerings for diners as Hong Kong's economic recovery gathers pace, putting its world-class culinary reputation back on the map. At an exclusive launch event held on the "LUBUDS ON THE SEA" boathouse overlooking Victoria Harbour, executives from the two companies explained why they've formed an alliance that will leverage Mastercard's multisensory marketing prowess, anchored in its enduring priceless platform, to whet the appetite of the region's food connoisseurs."

March 27, 2023

On the web

Sibstar is the UK’s First Debit Card and App Designed Specifically to Help People Living with Dementia


"A new fintech Sibstar has launched to reduce financial vulnerability for people living with dementia. Founded by Jayne Sibley (pictured), Sibstar has a debit card and app that allows those with dementia to spend money safely. It has been in beta testing for the last nine months in a pilot of 65 people in the UK who are affected by dementia and their families. The company was launched in partnership with the Alzheimer’s Society and Mastercard."

March 23, 2023

On the web

Mastercard Send™ Will Soon be Available for Checkout.com Customers in Australia, Hong Kong SAR

IBS Intelligence

Checkout.com, a global payments solutions provider, and Mastercard announced that they will make Mastercard Send™ available to more Checkout.com customers in the Asia Pacific region, starting in Australia and Hong Kong SAR later this year. The Send™ service which powers real-time payments for consumers, gig workers, content creators and organizations of all sizes, wherever they interact worldwide is already available in Singapore.

March 20, 2023

On the web

Mastercard Pilots Digital ID Service for Online Shopping

Power Retail

"Mastercard has developed a new pilot service with Service NSW and alcohol delivery service Tipple to protect customers identity information and ensure age verification with the purchase of age restricted goods online. This move comes as Mastercard makes more moves in the virtual commerce industry and grows its presence in the metaverse."

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