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Mastercard to Acquire Minna, Giving Users More Control Over Subscriptions

Fintech News

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.

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Mastercard Acquires Minna Technologies

Finovate

Mastercard has agreed to acquire subscription management platform Minna Technologies. But Mastercard announced today that it has agreed to acquire Swedish subscription management platform Minna Technologies. Mastercard’s acquisition comes as the number of subscriptions globally has climbed to 6.8 Terms were not disclosed.

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Judge sways away from Visa-Mastercard settlement

Payments Dive

On Tuesday, Judge Margo Brodie denied a preliminary settlement proposal made by the card networks Visa and Mastercard, and merchants who sued them in federal court nearly two decades ago.

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SCB Teams Up with Mastercard and Soft Space to Boost Contactless Payments

Fintech News

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.

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Paysend Launches ‘Paysend Libre’ in Mexico Powered by Mastercard Move Bringing Financial Inclusion to Millions

Fintech Finance

Paysend and Mastercard have partnered to launch Paysend Libre in Mexico in a move to drive financial inclusion in a region where the majority of the population is still underbanked or unbanked. Based on a virtual Paysend Mastercard, Paysend Libre is a revolutionary way to receive remittances that is simple to use, convenient, and secure.

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Mastercard Plans to Acquire Threat Intelligence Firm Recorded Future for US$2.65B

Fintech News

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.

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Visa-Mastercard settlement failed to treat merchants ‘equitably’

Payments Dive

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