Payments Dive

JULY 1, 2024

A proposed Visa-Mastercard settlement failed partly because a judge overseeing the case determined large merchants wouldn’t benefit as much as smaller merchants.

Settlement 147

Settlement Visa Large Merchants 147

Fintech News

SEPTEMBER 18, 2024

Siam Commercial Bank (SCB) has partnered with Mastercard and Malaysian fintech Soft Space to launch the ‘Effortless Payment Processing’ campaign. Merchants will be able to accept payments from various sources, including Mastercard and Visa credit and debit cards, mobile wallets, and QR payments.

Contactless Payments 123

Contactless Payments Visa Debit Card Payments 123

Payments Dive

FEBRUARY 21, 2024

While both Mastercard and Visa will be impacted by Discover Financial Services’ plan to be acquired by card issuer Capital One, the former is likely to bear the brunt of the blow.

Visa 175

Visa Card Issuer Issuers Acquirers 175

Fintech Finance

OCTOBER 15, 2024

This groundbreaking feature, allows users to connect any Mastercard or Visa with their expense management platform, simplifying the process of tracking and managing expenses in real time. By connecting to Mastercard and Visa, we are making expense management more accessible, efficient, and user-friendly than ever before.

Visa 98

Visa FinTech Reconciliation Debit Card 98

Fintech News

OCTOBER 1, 2024

Payments giant Mastercard has agreed to acquire Minna Technologies, a company that helps consumers manage subscriptions through banking apps and websites, pending regulatory approval. The acquisition aims to enhance Mastercard’s suite of services by offering consumers an easier way to handle their subscriptions.

Visa 106

Visa Acquirers Economy Consumer 106

Fintech News

SEPTEMBER 16, 2024

Payments giant Mastercard has announced plans to acquire global threat intelligence company Recorded Future for US$2.65 Mastercard aims to strengthen its cybersecurity capabilities with this acquisition as cybercrime costs are projected to reach US$9.2 trillion by 2024.

Visa 110

Visa Acquirers Cybersecurity Fraud Prevention 110

Payments Dive

APRIL 1, 2024

The settlement gives merchants the ability to surcharge for nearly all Visa and Mastercard credit card transactions, and puts pressure on American Express to allow the same.

Settlement 182

Settlement Visa Credit Cards Transactions 182

Fintech Finance

OCTOBER 17, 2024

Premier Bank , in collaboration with Mastercard and Tappy Technologies , has launched Tap2Pay, making Premier Bank the first Somali Bank in Africa to launch tokenized-passive payment wearables. By eliminating the need to expose cardholder information, the wearables ensure that payments are both safe and seamless.

Visa 120

Visa Technology Financial Inclusion Contactless Payments 120

Fintech Finance

OCTOBER 18, 2024

Mastercard has partnered with noon Payments , one of the biggest payment service providers in the Middle East and North Africa, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. The Mastercard Payment Passkey Service streamlines e-commerce and revolutionizes the consumer journey.

Visa 96

Visa Scams Payments Push-to-Card 96

Fintech Finance

OCTOBER 8, 2024

Cashflows , the platform that makes it easy for merchants to accept payments, today announces its partnership with Mastercard to offer its merchants Click to Pay. Mastercard Click to Pay is a simple, secure, and consistent way to make online payments, offering consumers a fast and intuitive guest checkout across devices & browsers.

Visa 98

Visa PayPal Process Authentication 98

Fintech Finance

SEPTEMBER 12, 2024

Kuady , the leading payments service processor, for Latin America, has today announced the launch of the Kuady Card, an innovative virtual prepaid Mastercard now available to users in Peru. The launch of our virtual prepaid Mastercard is a significant milestone for us.

Visa 98

Visa Contactless Payments Processors Security 98

Finovate

OCTOBER 21, 2024

Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. Mastercard Move Commercial Payments offers more than just real-time settlement.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Visa FedNow 52

Fintech Finance

AUGUST 28, 2024

(NASDAQ: SOFI), is now offering its fintech clients, with fintech Rho as the first to launch, the ability to connect their business customers to Mastercard Smart Data, a market-leading expense reporting and analytics suite. Typically offered through sponsor banks, Galileo is the first issuer-processor to offer Mastercard Smart Data.

Visa 98

Visa B2B Issuers Processors 98

Fintech News

AUGUST 18, 2024

Payments giant Mastercard plans to lay off 3% of its workforce in a move that will affect around 1,000 employees globally, as it undertakes a major organisational overhaul. As of last year, Mastercard employed about 33,400 people worldwide, with 67% stationed outside the U.S. across more than 80 countries.

Visa 106

Visa FinTech Posting Payments 106

Finextra

OCTOBER 14, 2024

Mastercard is to pilot launch a new service that gives issuers the ability to verify more detailed personal information about cardholders, eliminating the need to upload documents like photo ID, proof of residency or passport.

Visa 86

Visa Verification Issuers 86

Fintech Finance

SEPTEMBER 25, 2024

KaiOS , the leading operating system that brings the best of the internet to affordable devices, today announced a partnership with Mastercard to integrate a range of digital payments solutions. KaiOS and Mastercard are partnering to help millions of SMEs globally accept digital payments using KaiOS devices.

Visa 97

Visa Economy Digital Payments Enrollments 97

Finextra

JUNE 11, 2024

Mastercard has set itself a target of hitting 100% e-commerce tokenisation in Europe by 2030, phasing out manual card entry and making online shopping safer and more accessible.

Visa 143

Visa 143

Fintech Finance

SEPTEMBER 23, 2024

Mastercard , a global leader in payments technology, has collaborated with Entreprenelle , a social and business development organization that supports, connects and trains women entrepreneurs. These workshops provided invaluable skills and knowledge that are essential for navigating today’s digital economy.

Visa 96

Visa Economy Innovation Participant 96

The Fintech Times

OCTOBER 10, 2024

Payments giant Mastercard has revealed that South Africa is becoming the first market to benefit from the security and speed of real-time card payments. Mastercard plans to enable acquiring banks in South Africa to process real-time card payments , through a variety of strategic partnerships and enhancements to its network.

Visa 84

Visa Acquirers Settlement Payments 84

Fintech Finance

JULY 24, 2024

McLaren Racing and Mastercard have joined forces in a multi-year deal that will see the global payments leader become a major sponsor of the McLaren Formula 1 Team. Mastercard branding will appear later in the 2024 season. The post McLaren Formula 1 Team Joins Forces with Mastercard appeared first on FF News | Fintech Finance.

Visa 98

Visa Global Payments Innovation Finance 98

Finextra

AUGUST 28, 2024

NASDAQ: SOFI), is now offering its fintech clients, with fintech Rho as the first to launch, the ability to connect their business customers to Mastercard Smart Data, a market-leading expense reporting and analytics suite. Galileo Financial Technologies, a leading financial technology company owned by SoFi Technologies, Inc.

Visa 98

Visa FinTech Technology 98

Finextra

JUNE 3, 2024

Mastercard today announced the expansion of its global Biometric Checkout Program in Latin America (LAC). With partners Ingenico, Fulcrum Biometrics, Fujitsu Frontech, and Scanntech, Mastercard has launched an innovative in-store biometric payment experience at Tienda Inglesa’s Red Expres in Uruguay.

Visa 111

Visa Innovation Payments 111

Fintech Finance

JULY 30, 2024

In a significant move towards enhancing digital financial inclusion, Salaam Somali Bank , in collaboration with Mastercard , has announced the launch of a digital-first co-branded multi-currency prepaid card designed to revolutionize digital payment solutions. Together, we are not just adapting to the future; we are defining it.”

Multi-Currency 136

Multi-Currency Visa Innovation Point-of-Sale (POS) 136

Fintech Finance

SEPTEMBER 17, 2024

Uzum , the leading fintech and e-commerce ecosystem in Uzbekistan, has partnered with Mastercard on an education project to improve financial literacy in Central Asia’s most populous country. Uzum and Mastercard have launched two free online courses to help Uzbek consumers understand how to conveniently and safely use debit and credit cards.

Financial Literacy 98

Financial Literacy Visa Online and Mobile Banking BNPL 98

The Paypers

OCTOBER 18, 2024

Premier Bank , in partnership with Mastercard and Tappy Technologies , has announced the launch of Tap2Pay, a tokenisation-passive payment wearable.

Visa 68

Visa Technology Payments 68

Bank Automation

MAY 2, 2024

Card giants Mastercard and Visa leaned into AI and generative AI for fraud detection in the first quarter. “We continue to enhance our solutions with generative AI to deliver even more value,” Chief Executive Michael Miebach said during Mastercard’s May 1 earnings call.

AI 124

AI Visa Fraud Detection Continuity 124

Finextra

SEPTEMBER 12, 2024

Mastercard has struck a deal to buy threat intelligence specialist Recorded Future from private equity form Insight Partners for $2.65

Visa 125

Visa 125

The Paypers

SEPTEMBER 27, 2024

Mastercard has announced its partnership with ZOOD in order to launch the first virtual BNPL card for customers and clients in the region of Uzbekistan.

Visa 72

Visa BNPL 72

Finextra

OCTOBER 21, 2024

Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments.

Near Real-Time 52

Near Real-Time Cross-Border Payments Cross-Border Visa 52

Bank Automation

AUGUST 30, 2024

Mastercard is looking to AI and open banking for transaction monitoring, data standardization, and even to predict payments success. “We We are very cautious and safe in the way we use AI” throughout the institution,” Jess Turner, head of global open banking and API at Mastercard, said Aug. 28 at Fintech South 2024 in Atlanta.

ACH 80

ACH Visa AI API 80

Fintech Finance

SEPTEMBER 20, 2024

Mastercard is proud to announce its title sponsorship of the 2024 Interbank Golf Tournament, in collaboration with the Kenya Bankers Association (KBA). Officially titled Interbank Golf Tournament 2024 – Presented by Mastercard , the prestigious event will kick off on 20 September at the renowned Royal Nairobi Golf Club.

Visa 98

Visa Continuity Participant Finance 98

Finextra

MAY 15, 2024

Mastercard has teamed up with Standard Chartered on a proof-of-concept pilot exploring tokenised deposits and tokenised carbon credits.

Visa 138

Visa 138

The Fintech Times

SEPTEMBER 22, 2024

Payments giant Mastercard has partnered with Kenyan mobile network operator Safaricom , to accelerate the adoption of payment acceptance and cross-border remittance services across Kenya. ” By embedding Mastercard’s omnichannel acceptance solutions across M-PESA’s merchant space, the partnership is scaling digital payments across Kenya.

Visa 110

Visa Cross-Border Payment Solutions Economy 110

Finextra

AUGUST 23, 2024

Mastercard is more than a payment processor; it's a strategic ally for businesses aiming to expand t.

Visa 98

Visa Processors Payments 98

Payments Dive

SEPTEMBER 18, 2024

Mastercard’s approach drew high marks from some corporate governance experts. Decisions on medical disclosures can be challenging for companies.

Visa 78

Visa Continuity Government Governance 78

Fintech Finance

SEPTEMBER 27, 2024

Building on the existing multimarket partnership to accelerate flexible payments adoption in the region, Mastercard and ZOOD , one of the leading digital lending platforms for e-commerce in the Middle East and Central Asia, has introduced a virtual BNPL card – ZOOD Card – in Uzbekistan.

Visa 98

Visa BNPL Financial Inclusion On-Demand 98

Fintech News

APRIL 10, 2024

The Monetary Authority of Singapore (MAS) and Mastercard have signed a Memorandum of Understanding (MoU) to bolster cybersecurity within the financial services sector. I am glad that this MoU between MAS and Mastercard will contribute towards this outcome and help advance cybersecurity capacity building.

Cybersecurity 110

Cybersecurity Visa Mitigation Authorization 110