Companies

Payment Rails on the Open Road: Why Security Is Key to Accelerating In-Car Payments

Mastercard

"It’s January 2024, and the global car industry is in the midst of a massive shift, evolving what it sells and how it interacts with its customers."

Tags: Mastercard

Companies

Mastercard Announces Development of Inclusive AI Tool to Provide Personalized, Real-Time Assistance to Small Business Community

Mastercard

"Mastercard is in development on a new initiative to support small business owners globally with personalized guidance to help them grow and thrive."

Tags: Mastercard

Companies

Mastercard Collaborates With 4THWAVE to Drive B2B Payments Across EEMEA

Zawya

"Mastercard has partnered with 4thWave, an innovative finance and Banking-as-a-Service (BaaS) digital platform provider, to streamline business-to-business (B2B) payment flows."

Tags: Mastercard

Companies

Mastercard Spendingpulse: U.S. Retail Sales Grew +3.1%* This Holiday Season

Mastercard

"According to preliminary insights from Mastercard SpendingPulseTM, U.S. retail sales excluding automotive increased +3.1% year over year this holiday season, running from November 1 through December 24."

Tags: Mastercard

Companies

Citizens Rolls Out Sustainably Manufactured Mastercard Debit and ATM Cards

Mastercard

"Citizens Financial Group, Inc. announced the full rollout of Citizens Bank, N.A.’s new sustainably manufactured Mastercard® Debit and ATM Card featuring 90 percent recycled PVC and Mastercard’s unique Touch Card™ notch, which improves card recognition for customers who are blind and partially sighted."

Tags: Citizens Mastercard

Companies

Mastercard’s Breakthrough: Tokenizing CBDCs for Cross-Blockchain Transactions

CoinTrust

"Mastercard has unveiled a groundbreaking solution that tokenizes central bank digital currencies (CBDCs) onto various blockchains, opening avenues for wider consumer participation in crypto ecosystems through established forms of currency."

Tags: Mastercard

Companies

Samsung Joins Mastercard For Payments With Wallet Express

Samsung

"Samsung Electronics and Mastercard today announced their partnership on a newly launched Mastercard programme: Wallet Express."

Tags: Mastercard Samsung

Companies

Dynamic Yield by Mastercard Unveils Shopping Muse, the Next Generation Personal Retail Assistant

Mastercard

"Dynamic Yield by Mastercard today announced Shopping Muse, an advanced generative AI tool that revolutionizes how consumers search for and discover products in a retailer’s digital catalog."

Tags: Mastercard

Companies

How do Latin Americans Make Their Payments? Mastercard Reveals the Preferences Behind the Payment Methods of Choice in Latin America and the Caribbean

Business Wire

"Presented at the LAC Innovation Forum 2023, Mastercard's new research shows that trust in cards remains despite new digital payment methods."

Tags: Mastercard

Companies

Taulia and Mastercard Partner to Launch Virtual Card B2B Payments Solution

Business Wire

"Taulia, a leading provider of working capital management solutions, has partnered with Mastercard to launch Taulia Virtual Cards. The new solution provides businesses with additional working capital management advantages, including the ability to maximize cash flow and minimize payment uncertainty."

Tags: Mastercard Taulia

Companies

Mastercard JV Approved to Begin Domestic Payments Processing in China

Business Wire

"Mastercard today announced that its joint venture entity, Mastercard NUCC Information Technology (Beijing) Co., Ltd., has received formal approval from the People’s Bank of China and the National Administration of Financial Regulation to commence domestic bankcard clearing activity in China."

Tags: Mastercard

Companies

Mastercard: Consumers Too Comfortable with Cash for CBDCs to Take Off

Blockonomi

"Mastercard believes central bank digital currencies face adoption difficulties currently, citing consumers' familiarity with existing money and the challenges in implementing infrastructure."

Tags: Mastercard

Companies

Mastercard and NEC Collaborate to Advance In-Store Biometric Payments [Asia Pacific Region]

NEC

"The partnership will bring the Biometric Checkout Program to the Asia Pacific region, expanding reach across the globe."

Tags: Mastercard NEC

Companies Global

India’s UPI Hits Record Volume

Global Finance Magazine

"In August and September, the Indian payments ecosystem, Unified Payments Interface (UPI), exceeded 10 billion monthly transactions, with predictions it could soon reach 100 billion per month. To put this in perspective, according to Statista, roughly 242 billion purchase transactions worldwide involved Visa payment cards in 2022, while MasterCard processed 113 billion transactions in 2020."

Tags: Mastercard Visa

Companies

Mastercard Targets ‘Friendly’ Fraud to Protect Small Businesses and Merchants

Mastercard

"Mastercard has announced its First-Party Trust program, with AI-powered insights, to combat the surging trend in first-party or 'friendly' fraud, where genuine transactions are mistakenly or intentionally challenged by cardholders."

Tags: Mastercard

Companies Global

Visa, MasterCard Want a Slice of Africa’s Mobile Money

Tekedia

"Africa’s mobile money market is booming, with over 560 million registered accounts and $495.3 billion in transactions in 2020, according to the GSMA. The continent is home to some of the most innovative and successful mobile money services in the world, such as M-Pesa, MTN Mobile Money, Orange Money and Airtel Money."

Tags: Africa Mastercard Visa

Companies

Mastercard and Remitly Join Forces to Expand Access to Cross-Border Payments

Mastercard

"Remitly Integrates Mastercard’s Send and Cross-Border Services to Provide Customers More Choice in How they Send and Receive Money Abroad"

Tags: Mastercard Remitly

Companies

Shares in Visa, Mastercard Slide on Expected Federal Reserve Fee Cap Proposal

Reuters

Shares in Visa and Mastercard slid on Wednesday on news the U.S. Federal Reserve is expected to propose lowering the fees banks can charge retailers for processing debit-card transactions.

Tags: Mastercard Visa

Companies

Advancing Global Open Banking to Empower Choice and Instill Trust

Mastercard

"Mastercard is partnering with Worldpay from FIS, the merchant solutions business of global financial services technology provider FIS, and Zip, a BNPL firm, to scale new open banking-powered solutions that enable more payment choice, empower consumer lending, and modernize account-based payments."

Tags: Mastercard

Companies

NatWest and Mastercard Make it Easier and Quicker for Customers to Shop Online

Mastercard

NatWest Group is the first UK bank to enable Click to Pay for all its customers with a Mastercard debit card. Click to Pay is a digital wallet that works on any device and allows users to create a single, secure profile where they can store multiple payment cards.

Tags: Mastercard NatWest

Companies

Mastercard Demonstrates Interoperable CBDC for Trusted Web3 Commerce

Electronic Payments International

"Mastercard participates in the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre’s central bank digital currency pilot project exploring potential use cases for a CBDC in Australia"

Tags: Mastercard

Companies

Payment Companies are Ready to Play with Stablecoins

Tearsheet

"Visa has partnered up with Solana to to introduce USDC settlements over the blockchain network. This announcement comes after Mastercard and PayPal have launched their own stablecoin initiatives, signaling interest in the digital currency by payments players."

Tags: Mastercard Visa

Companies

Xbox to Launch the Xbox Mastercard, Its First-Ever Credit Card in the U.S., Issued by Barclays

Mastercard

"Xbox, Barclays and Mastercard announced the Xbox Mastercard, Xbox’s first-ever co-branded credit card in the United States. The no annual fee card provides players points to redeem on Xbox games and add-ons, select streaming and dining delivery services, and more."

Tags: Mastercard Xbox

Companies

Mercedes-Benz Teams up With Mastercard to Introduce Native In-Car Payments at the Pump: Pay by Fingerprint Directly in the Car With Mercedes Pay+

Businesswire

"Mercedes-Benz is joining forces with Mastercard to introduce embedded in-car payments at the point of sale. Customers will be able to use a fingerprint sensor in their car to make convenient and secure digital payments at more than 3,600 service stations in Germany. Mercedes-Benz is the world's first automaker to integrate Mastercard Secure Card on File for Commerce Platforms technology for online payments into its vehicles."

Tags: Mastercard

Companies

Mastercard SpendingPulse: U.S. Retail Sales Expected to Grow 3.7%* This Holiday Season

Mastercard

"This holiday season, running November 1 through December 24, U.S. retail sales excluding automotive are expected to increase 3.7% year-over-year (YOY), according to Mastercard SpendingPulse™."

Tags: Mastercard

Companies

Oracle and Mastercard Enable Customers to Get Faster Access to Working Capital

PR Newswire

"Oracle and Mastercard today announced a new partnership to help enterprise customers automate end-to-end business-to-business (B2B) payment transactions...As a result, mutual Oracle Cloud ERP and Mastercard customers will be able to benefit from: Virtual Cards for Supplier Invoice Payments and Virtual Cards for Corporate Purchases."

Tags: Mastercard Oracle

Companies

Mastercard and Paysend Expand Global Partnership to Enhance Cross-Border Payments for SMEs

PR Newswire

"Mastercard and Paysend, a UK-based fintech, have today expanded their partnership to enhance cross-border payments for small and medium enterprises (SMEs), which are increasingly looking for ways to send money or pay vendors across the globe quickly and securely."

Tags: Mastercard Paysend

Companies

Mastercard: Setting the Record Straight: Clarifying Recent Headlines

Mastercard

"Last Wednesday, several media outlets covered a story from the Wall Street Journal about “credit card fees.” Unfortunately, the story is wrong. The reporting relies upon a report produced by an advisory firm advocating for legislation currently under consideration in Congress. We want to ensure the correct facts are associated with Mastercard and are understood. They are simple and clear..."

Tags: Mastercard

Companies

Mastercard Launches ALT ID Solution for Enhanced Online Payment Security

BusinessLine

"Mastercard introduces its ALT ID solution, a distinctive identifier for guest checkout transactions, enhancing online payment security, cardholder safety, and data breach prevention while simplifying transactions for merchants and customers."

Tags: Mastercard

Companies Industry Regulation

Credit Card Companies Urged by Senators to Cancel Plan to Raise Swipe Fees

Bloomberg

"Senators are urging credit card giants Visa Inc. and Mastercard Inc. to cancel plans to raise their swipe fees charged to retailers and used reports on the plans to champion their bill to force competition in the industry."

Tags: Mastercard Visa