article thumbnail

Mastercard to be dinged by Discover deal

Payments Dive

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 174
article thumbnail

Mastercard Unveils Open Banking Programme for Card Issuers in the US

The Fintech Times

Payments giant Mastercard has launched its new ‘Open Banking for Account Opening’ programme for select US debit and prepaid products, hoping to streamline and secure account opening. In a recent study, Insider Intelligence found that Gen Z mobile banking adoption continues to rise by 12.4 million in 2020 to 47.8 million by 2026.

article thumbnail

Visa, Mastercard depict bank failure impact

Payments Dive

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

Visa 167
article thumbnail

Visa, Mastercard say CrowdStrike didn’t impact networks

Payments Dive

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

article thumbnail

Mastercard floats crypto credential service

Payments Dive

The card issuer joins its tech and payments peers in integrating crypto into the traditional financial system.

article thumbnail

Samsung pushes mobile wallet take-up with Mastercard partnership

Finextra

Samsung is joining Mastercard's new Wallet Express programme, making it easier for banks and card issuers in the UK to offer their customers the electronic giant's own multi-faceted mobile wallet offering.

Visa 116
article thumbnail

Mastercard rolls out Wallet Express program to boost digital wallet uptake in Europe

NFCW

At launch the Wallet Express program supports digital wallets including Garmin Pay , Xiaomi Pay and Amazfit and has partnered with Samsung to enable more European banks and card issuers to offer Samsung Wallet to customers with Galaxy mobile and wearable devices. “By

Visa 96