Yahoo Finance
"ACE Money Transfer announced a collaboration with Mastercard Move, that will enable its customers to send money to some of the world's biggest markets in near real-time. ACE customers in the UK, Australia, Canada, and Europe will now be able to make fast, secure, and convenient transfers to India, Norway, Denmark, Sweden, and other countries in the Single Euro Payments Area (SEPA)."
Reuters
"Mastercard's agreement to settle a landmark lawsuit brought on behalf of British consumers was approved by a London tribunal despite opposition from the firm that funded the litigation. The global payments processor said the Competition Appeal Tribunal had approved an agreement it announced in December to settle the long-running litigation over card fees for 200 million pounds ($253 million)."
Business WIre
"Mastercard unveiled its Business Builder debit and credit card products, designed to meet the needs of Creators. The Business Builder cards are designed to offer a suite of powerful benefits that help entrepreneurs launch and scale their ventures, with intentional resources designed for the needs of Creators."
CoinDesk
Traditional finance firms that have adopted crypto are moving past the experimentation phase and are actively working on solutions. Last week, the payments giant announced a partnership with crypto compliance firm Notabene, which will integrate Mastercard’s Crypto Credential into its SafeTransact platform to make digital asset transactions more secure and user-friendly.
Mastercard
Mastercard is launching Mastercard One Credential, a single digitally connected credential with multiple ways to pay. With One Credential, consumers will be able to choose the payment option (which may include debit, installments, prepaid and credit) that’s best for them, all through a seamless digital experience.
Mastercard
"Mastercard and Feedzai announced they are joining forces to make it easier for more banks to identify and stop scams, protecting consumers and businesses globally. The companies will expedite the deployment of Mastercard’s Consumer Fraud Risk (CFR) solution to customers across many key markets globally."
Finicity
"As we head into the new year, we are highlighting a few topics that are top of mind for Mastercard Open Banking, and how we see the Open Banking landscape evolving over the next 12-24 months."
WIRED Middle East
"Is tokenization the key to a more secure and reliable future for payments? At EDGE 2024, Jorn Lambert , Mastercard’s Chief Product Officer, shared his insights on how tokens will influence the movement of money in the evolving digital economy, supported by safe biometric authentication."
The Sydney Morning Herald
"Mastercard has revealed plans to entirely remove digits from physical credit and debit cards in Australia, a move the payments giant said would help reduce fraud and minimize consumers’ exposure to mass data breaches. Key to those plans is an elimination of the traditional 16-digit number from physical credit and debit cards by 2030, which are to be replaced by tokenisation and biometric authentication."
NFCW
"Mastercard is testing a new service that enables cardholders to simply tap their contactless bank card to their NFC smartphone in order to complete an ecommerce or other card-not-present transaction. The new Tap to Pay service is being piloted by Ingresse in Brazil and also by food and beverage (F&B) platform OpenRice in Hong Kong and It forms part of a new ‘Tap to More’ service suite."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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."
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.
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."
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."