Payments Dive

APRIL 29, 2024

The National Retail Federation lashed out at a landmark Visa-Mastercard legal settlement Friday, calling the pact reached with some merchants last month “meager and temporary” relief.

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Settlement Visa Legal 88

The Fintech Times

APRIL 24, 2024

Mastercard has unveiled a range of AI-powered security solutions and forged industry partnerships with Verizon, NatWest, Entersekt and Global Anti-Scam Alliance in a mission to tackle the rise of scams and impersonation fraud. Verizon and Mastercard share a commitment to helping protect consumers from security threats.

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Fraud Prevention Visa AI Scams 104

Finextra

APRIL 24, 2024

Mastercard is tackling the growing threat of scams through the launch of an AI-based product suite and several cross-industry partnerships.

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Visa AI Scams Product 119

Fintech News

MARCH 18, 2024

Payment giant Mastercard has announced a new partnership with Ant Group’s digital open platform Alipa y to expand its cross-border payment services to facilitate quicker and more secure money transfers to China. Mastercard’s initiative is expected to be a boon for consumers seeking reliable ways to conduct global transactions.

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Visa Cross-Border Cross-Border Payments Security 108

Fintech News

MAY 19, 2024

Mastercard and Salesforce have announced a new integration aimed at enhancing the transaction dispute process. The new integration will combine Salesforce’s Financial Services Cloud (FSC) with Mastercard’ s dispute resolution services, including Ethoca Alerts and Ethoca Consumer Clarity.

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Disputes Visa Transactions CRM 60

Fintech Finance

MAY 10, 2024

Mastercard NetsUnion Information Technology (Beijing) Co., Mastercard NetsUnion) has begun processing payments made in China with Mastercard cards issued by the country’s banks. In addition, the joint venture confirmed that Mastercard-branded cards will now be accepted for both domestic and international purchases.

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Visa Transactions Facilitators Rules 52

Payments Next

MARCH 29, 2024

By Jeff Domansky, Managing Editor Visa and Mastercard reached a landmark antitrust settlement with US merchants, ending a protracted legal battle. The The post Visa, Mastercard settle long-running antitrust lawsuit over US merchant swipe fees first appeared on Payments NEXT.

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Visa Settlement Legal Posting 88

Fintech Finance

MAY 9, 2024

A leading multinational bank, Access Bank Group , has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy.

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Cross-Border Payments Cross-Border Visa Financial Inclusion 98

Fintech Finance

MAY 16, 2024

Mastercard has collaborated with ABHI , an embedded finance platform backed by Hub71, to strengthen financial payments landscape across the UAE. By leveraging Mastercard’s technology and solutions, ABHI will enrich its suite of products and services to ensure safe and quick transactions for its users.

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Visa Financial Inclusion Embedded Finance Payroll 52

Finextra

FEBRUARY 1, 2024

Mastercard is turbocharging its fraud detection technology with generative AI that can scan a trillion data points to predict whether a transaction is likely to be genuine or not.

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Fraud Detection Visa AI Transactions 119

The Fintech Times

FEBRUARY 6, 2024

Paytech, NovoPayment has received a Mastercard certification, as part of the Mastercard Network Enablement Partner programme, to switch and process Mastercard transactions in Mexico. ” Other notable firms that are a part of the Mastercard NEP programme include Marqeta and Nymcard.

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Visa Card Issuer Issuers Push-to-Card 104

Finextra

MAY 9, 2024

US card giant Mastercard, through a joint venture, has finally begun processing domestic payments in China.

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Visa Process Payments 89

Finextra

MARCH 26, 2024

After nearly 20 years of litigation, Visa and Mastercard have reached a settlement with US merchants lowering and capping credit card interchange rates in a deal that could save the merchants $30 billion over five years.

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Settlement Visa Caps Credit Cards 128

Finextra

APRIL 18, 2024

HSBC Australia and Westpac have signed on as the first banks to offer a new Mastercard app that enables virtual commercial cards to be added to digital wallets.

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Visa Commercial Card 118

Finextra

APRIL 26, 2024

Mastercard is enhancing the Engage program and Fintech Express platform, making it even easier for fintechs and enablers to partner with Mastercard1 to quickly build and deploy solutions globally.

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Visa FinTech 64

Fintech News

DECEMBER 20, 2023

Payment giant Mastercard has partnered with PT MRT Jakarta (Perseroda) to provide more payment options to commuters for cashless transit experiences. This announcement coincides with the renaming of Senayan Station to Senayan Mastercard Station. Travelers can now top up their MRT cards using Mastercard debit cards at station counters.

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Visa Debit Card Payments Credit Cards 105

The Nilson Report

APRIL 29, 2024

The post Mastercard and VoPay Partner for Mastercard Move in Canada appeared first on Nilson Report.

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Visa Posting 52

Finextra

MARCH 12, 2024

Mastercard has launched an open banking-powered subscriptions management tool that banks can plug into their apps.

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Visa 131

Payments Dive

MARCH 15, 2023

As bank card issuers faltered this past weekend, the card networks monitored payments closely, Visa and Mastercard executives said at a conference.

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Fintech News

APRIL 21, 2024

Payments giant Mastercard has launched a new mobile app that allows virtual commercial cards to be added directly to digital wallets, enhancing contactless payment solutions for businesses. said Chad Wallace, Global Head of Commercial Solutions, Mastercard.

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Visa Reconciliation Contactless Payments Commercial Card 97

Clearly Payments

FEBRUARY 12, 2024

At the forefront of payment industry, particularly in credit cards, are two giants: Visa and Mastercard. As the world’s leading payment networks , Visa and Mastercard play a pivotal role in shaping the landscape of electronic payments on a global scale. Then comes Mastercard, with 24%.

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Visa Payments Payment Networks Credit Cards 88

Payments Dive

MAY 27, 2022

Pursuing environmental, social and governance goals offers advantages in forging customer relationships and luring talent amid a tight labor market, a Mastercard executive said.

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Visa Governance Government 158

Finextra

MAY 16, 2024

As consumers seek easier and safer shopping experiences, Mastercard (NYSE: MA) and Salesforce (NYSE: CRM) today announced a new integration to enhance trust across the ecosystem, helping customers speed up the resolution of transaction disputes, and reduce costs associated with resolving them.

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Disputes Visa Transactions CRM 59

Finextra

APRIL 10, 2024

Mastercard has announced a realignment of its teams centered on three interdependent areas of Core Payments, Commercial & New Payment Flows and Services. These changes will enable further alignment to accelerate growth and deliver value for stakeholders.

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Visa Payments 59

Finextra

MAY 1, 2024

Mastercard and Network International, the leading enabler of digital commerce across the Middle East and Africa, have collaborated to roll out Mastercard Installments in the UAE.

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Visa 64

Fintech Finance

MAY 1, 2024

Mastercard and Network International , the leading enabler of digital commerce across the Middle East and Africa, have collaborated to roll out Mastercard Installments in the UAE. Mastercard Installments enables shoppers to digitally access installment offers, pre-approved through their bank’s mobile banking app.

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Visa Issuers Online and Mobile Banking Acquirers 52

Fintech Finance

MAY 16, 2024

Cooperative Bank of Oromia and Mastercard have unveiled a groundbreaking collaboration with the launch of the Coopbank Prepaid Mastercard and the introduction of the Community Pass technology in Ethiopia. Transactions will be effortless through a dedicated mobile application, providing efficient card management capabilities.

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Financial Inclusion Visa Innovation Online and Mobile Banking 52

Payments Dive

MARCH 4, 2024

A Mastercard executive painted Regulation II as potentially harmful to consumers, while Fiserv’s CEO said it was an appropriate update due to the rise of online transactions.

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Visa Regulations Transactions Consumer 88

The Fintech Times

FEBRUARY 20, 2024

Atome , the digital financial services platform for Southeast Asia, is partnering with payments giant Mastercard , helping Atome cardholders in the Philippines convert rewards points into gaming credits via the ‘Mastercard Gamer Xchange’ (MGX).

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Visa Use Case Facilitators Innovation 103

Finextra

APRIL 29, 2024

In an era of rapid digitalization of financial services, PrestaShop, a world leader in e-commerce solutions, has joined forces with Mastercard to introduce Click to Pay: a payment solution designed to simplify and enhance the online payment experience for consumers across Europe.

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Visa Payment Solutions Consumer Payments 64

Fintech Finance

MAY 10, 2024

Wells Fargo & Company (NYSE: WFC) announced today the launch of Signify Business Cash World Elite Mastercard ®, its new business credit card with industry-leading cash rewards. Cardholders will also receive World Elite Mastercard benefits, including MasterRental Insurance Coverage, Priority PassTM and Mastercard ID Theft ProtectionTM.

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Visa Credit Cards Caps Small Business 52

The Fintech Times

MAY 17, 2024

Thanks to a new partnership with payments giant Mastercard , ABHI , an embedded finance platform backed by Hub71 , is offering its users access to Mastercard’s ‘Salary Advance Cards’ ABHI explained it hopes the move will make international and domestic online payments more accessible for its earned wage access (EWA) users.

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Visa Financial Inclusion Embedded Finance Payroll 57

Bank Automation

MAY 7, 2024

Payments behemoth Mastercard uses APIs to develop a wider range of products for business clients.

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API Visa B2B Automation 64

Finextra

MAY 9, 2024

A leading multinational bank, Access Bank Group, has today launched an innovative solution in collaboration with Mastercard to expand access to cross-border payments and remittances to and from the continent, bringing Africa closer to the global economy.

Visa 59

Visa Cross-Border Payments Cross-Border Economy 59

Finextra

DECEMBER 10, 2023

Canada has finalised a deal with Visa and Mastercard to lower credit card interchange fees for small businesses.

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Visa Credit Cards Small Business 134

Fintech Finance

APRIL 25, 2024

Swisscard has partnered with TapiX to comply with Mastercard AN4569, seizing the opportunity to redefine the user experience while meeting industry standards. As a key player in the financial sector, Swisscard recognized the importance of adhering to the stringent requirements of Mastercard AN4569 and chose TapiX as their solution partner.

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Visa Compliance Payments Data Transactions 52

Bank Automation

MARCH 8, 2024

To ensure that data is handled responsibly, Mastercard uses an established set of data and tech responsibility standards as well as additional senior executive oversight on all generative AI applications. “Financial institutions have an advantage at the starting line when it comes to using generative AI,” Andrew Reiskind, chief data officer at Mastercard, (..)

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