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Payments

Mastercard and Doha Bank Join Forces to Boost Digital Payments in Qatar

  • The partnership will enhance digital payments business using Mastercard's expertise.
  • Qatar's focus on digital transformation is supported by the collaboration on advanced payment.
Thursday, 13/06/2024 | 08:59 GMT by Tareq Sikder
FinTech

Mastercard to Replace Card Numbers with Token-Based Payments across Europe by 2030

  • This shift involves using tokenization and biometric authentication to enhance security and convenience.
  • Mastercard is collaborating with banks, fintech firms, merchants, and other partners to ensure a smooth transition.
Tuesday, 11/06/2024 | 14:31 GMT by Jared Kirui
FinTech

Visa and Mastercard Face Fresh Trouble in the UK as Tribunal Approves Merchant Lawsuits

  • The Competition Appeal Tribunal in London ruled that collective lawsuits against Visa and MasterCard over fees can continue.
  • This ruling enables more merchants to join forces in seeking damages.
Friday, 07/06/2024 | 18:14 GMT by Jared Kirui
CryptoCurrency

Binance Reintroduces Purchases and Deposits Using Mastercard

  • The card payment giant paused this service in August 2023 due to legal challenges facing Binance in the US.
  • Mastercard plans to support Binance's other services, such as withdrawals.
Thursday, 06/06/2024 | 14:30 GMT by Jared Kirui
Thought Leaders

MasterCard Crypto Credential Launches Seamless Crypto Transfers to Global Users

  • The service will allow users across the world to send crypto payments and remittances.
Wednesday, 05/06/2024 | 14:33 GMT by FM
FinTech

Mastercard Engage Program Welcomes Sumsub for Fraud Protection

  • Sumsub will offer its verification and anti-fraud solutions for customer onboarding.
  • Integration addresses urgent need for transaction monitoring amidst fraud rise.
Wednesday, 05/06/2024 | 09:12 GMT by Tareq Sikder
Payments

Temenos Collaborates with Mastercard to Enhance Cross-Border Payment

  • The collaboration aims to improve payment infrastructure for financial institutions and clients.
  • Mastercard Move enables secure and swift transfers via various disbursement options.
Tuesday, 04/06/2024 | 09:35 GMT by Tareq Sikder
FinTech

Mastercard Takes Its Biometric Checkout Program to Uruguay

  • Shoppers at Red Expres can register their payment details and biometrics on-site.
  • Initially launched in Brazil, the system is expanding globally with new planned pilots.
Monday, 03/06/2024 | 14:57 GMT by Tareq Sikder
Payments

Mastercard and Ant Group Launch New Program to Boost Tourism and Local Businesses in China

  • This initiative targets over 20 shopping areas, tourist attractions, international airports, railway stations, and 25,000 taxis in Shanghai.
  • Ant Group plans to integrate more card organizations and overseas digital wallets and launch new joint user campaigns.
Friday, 31/05/2024 | 19:59 GMT by Jared Kirui
FinTech

Visa and Mastercard Reached $197 Million Settlement for Inflated ATM Fees

  • The settled class action lawsuit is only for the consumers who withdrew cash from bank-operated ATMs.
  • The payment giants are facing two other similar class actions, one from consumers using non-bank ATMs and another from businesses that own independent ATMs.
Thursday, 30/05/2024 | 05:36 GMT by Arnab Shome
CryptoCurrency

Mastercard Rolls Out Crypto Credential Service in Europe and Latin America

  • The service is available in 13 countries.
  • Mastercard has partnered with Bit2Me, Lirium, and Mercado Bitcoin exchanges.
Wednesday, 29/05/2024 | 20:34 GMT by Jared Kirui
Payments

Mastercard Fights Back on Scams and Fraud

  • The double-edged sword of digital trust.
Friday, 24/05/2024 | 15:00 GMT by Pedro Ferreira
FinTech

Mastercard Joins Hands with Access Bank for Cross-Border Payments in Africa

  • Cross-border remittances are vital for Africa, with a projected 2.5% growth expected in 2024.
  • Customers can now send and receive payments through various channels, including bank accounts, mobile wallets, cards, and cash.
Friday, 24/05/2024 | 10:34 GMT by Tareq Sikder
Payments

Behind the Mastercard and Visa Crackdown: How the PSR Scrutinizes Card Scheme Fees

  • The Payment Systems Regulator answers key questions on proposed reforms.
Wednesday, 22/05/2024 | 14:08 GMT by Pedro Ferreira
FinTech

UK Payment Regulator Faults Visa and Mastercard for Fee Hikes

  • Over the past five years, Visa and Mastercard have increased transaction processing fees by more than 30%.
  • According to the regulator, the rising cost has not resulted in better services.
Tuesday, 21/05/2024 | 21:06 GMT by Jared Kirui
FinTech

Mastercard and Salesforce Partner to Simplify Payment Dispute Handling

  • The partnership aims to address chargebacks affecting merchants and financial institutions.
  • Projections reportedly suggest that chargebacks could rise by 42% by 2026.
Thursday, 16/05/2024 | 18:01 GMT by Jared Kirui
Payments

How Mastercard's Multi-Token Network is Bridging the Digital Divide in Finance

  • From brick and mortar to blockchain, the future is tokenized.
Wednesday, 15/05/2024 | 15:00 GMT by Pedro Ferreira
FinTech

Wells Fargo Unveils Signify Business Cash Mastercard for Businesses

  • The card offers benefits without tracking categories, and includes employee cards.
  • It provides MasterRental Insurance Coverage, Priority PassTM, and Mastercard ID Theft ProtectionTM.
Friday, 10/05/2024 | 15:52 GMT by Tareq Sikder
Payments

Mastercard NetsUnion Breaches China's Payments Frontier

  • Over the Great Wall.
Thursday, 09/05/2024 | 15:13 GMT by Pedro Ferreira
FinTech

Mastercard and Nigeria's Access Bank Partner to Launch New Cross-Border Payment Solution

  • The new solution prioritizes choice, security, and flexibility for Access Bank's customers.
  • Access Bank will offer diverse channels, including bank accounts, mobile wallets, cards, and cash for cross-border payments globally.
Thursday, 09/05/2024 | 14:05 GMT by Jared Kirui
FinTech

Mastercard NetsUnion JV Launches in China for Global Payment Connectivity

  • Mastercard is the second foreign bank card clearing institution to enter China following American Express.
  • The partnership processes payments in China and accepts Mastercard for both local and global transactions.
Thursday, 09/05/2024 | 09:38 GMT by Tareq Sikder
Payments

Wall Street's Dusty Ledger Gets a Digital Makeover

  • Mastercard and banking titans test tokenized settlements.
Wednesday, 08/05/2024 | 16:00 GMT by Pedro Ferreira
FinTech

Mastercard and CrediMax Collaborate to Launch a New Payment Solution in Bahrain

  • The new offering enables users to complete purchases across different devices without the need for a manual password.
  • It uses Mastercard Gateway to enable cardholders to make online purchases.
Wednesday, 08/05/2024 | 14:19 GMT by Jared Kirui
FinTech

Mastercard and I&M Extend Alliance Enhancing Cardholder Value in Kenya

  • The 5-year collaboration benefited customers, businesses, and the economy through technology and a local network.
  • Cardholders will get advanced safety controls within mobile and Internet banking applications.
Monday, 06/05/2024 | 16:57 GMT by Tareq Sikder
FinTech

Mastercard Teams Up with Fintech Startups to Accelerate Digital Payment Solutions

  • Six startups, including Cardstream, Gr4vy, Hook, Nearpay, Omniretail, and Tazapay, have joined the Start Path Acceptance program.
  • The program aims to enhance digital payments by engaging fintech experts to address crucial challenges.
Friday, 03/05/2024 | 14:12 GMT by Jared Kirui
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