Fintech Finance

MAY 8, 2024

Mastercard has signed a memorandum of understanding (MoU) with The BENEFIT Company (BENEFIT), leading fintech company in Bahrain, and the national electronic payment infrastructure operator, to explore opportunities for collaboration in driving innovation and financial inclusion in the country’s dynamic payments ecosystem.

Financial Inclusion 59

Financial Inclusion Visa Innovation Funds Transfer 59

Fintech Finance

JUNE 6, 2024

Hibret Bank , in collaboration with Mastercard , has announced the launch of the Prepaid Hibir Mastercard services, marking a significant milestone in the journey towards financial digitization in Ethiopia.

Financial Inclusion 52

Financial Inclusion Visa Online and Mobile Banking Cross-Border 52

Finextra

FEBRUARY 29, 2024

Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions.

Financial Inclusion 69

Financial Inclusion Visa Credit Cards Payment Solutions 69

Fintech Finance

NOVEMBER 21, 2024

New Africa Technology (NAT) , a fintech company based in Senegal, joins forces with Mastercard to introduce a virtual and physical prepaid card for individuals through NAT’s existing digital wallet solution, ‘’Flash’’. This collaboration aims to transform the payment landscape in Senegal, Côte d’Ivoire, and Benin.

Visa 80

Visa Technology FinTech Financial Inclusion 80

Fintech Finance

AUGUST 21, 2024

Mastercard has announced the appointment of Winnie Wong as country manager, Thailand and Myanmar. Winnie brings over 20 years of experience in payments, commercial solutions and banking across Southeast Asian markets including Vietnam, Singapore, and Malaysia.

Visa 94

Visa Cross-Border Economy Financial Inclusion 94

Fintech Finance

NOVEMBER 18, 2024

eNovate , formerly eCards, a subsidiary of eFinance Investment Group, has joined forces with Mastercard to bring Card-as-a-Service (CaaS) solution to the Egyptian market. The CaaS model will provide banks, non-financial institutions, universities and fintechs with a comprehensive suite of digital payments services.

Visa 91

Visa Non-Bank Payments Financial Inclusion 91

Fintech Finance

JUNE 14, 2024

Doha Bank and Mastercard have entered a long-term strategic partnership to maintain the bank’s leadership in customer service and innovative payment solutions. The landmark collaboration is one of the largest deals of its kind in Qatar, reaffirming the bank’s status as a key player in the country’s financial sector.

Visa 81

Visa Financial Inclusion Payments Digital Payments 81

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.

Cross-Border Payments 92

Cross-Border Payments Cross-Border Visa Financial Inclusion 92

Fintech Finance

NOVEMBER 13, 2024

Félix Pago , a Miami-based fintech startup that developed a chat-based platform using blockchain and artificial intelligence to enable Latino workers in the US to send money back to their families in Latin America via WhatsApp, has announced a partnership with Mastercard to fuel its expansion into Central America.

Visa 80

Visa Financial Inclusion Underserved Cross-Border 80

Fintech Finance

JANUARY 22, 2024

Mastercard and Abu Dhabi Global Market (ADGM) have announced a collaboration to fuel the growth of the booming small and medium enterprise (SME) sector in Abu Dhabi and the wider UAE by digitalizing SME payment flows. The partnership will empower SMEs to meet their growth potential through Mastercard’s technologies and resources.

Visa 90

Visa Small Business Economy Non-Bank 90

Fintech Finance

SEPTEMBER 20, 2024

Safaricom and Mastercard have signed a partnership to accelerate the adoption of payment acceptance and cross-border remittance services in Kenya. Kenya’s payment acceptance market continues to grow, with mobile wallet payments driven by M-PESA showing a 12.7% CAGR between 2020 and 2024. CAGR between 2020 and 2024.

Visa 75

Visa Cross-Border Financial Inclusion Payments 75

Fintech Finance

OCTOBER 29, 2024

Orange Middle East and Africa (OMEA) ( www.Orange.com ) and Mastercard have announced a strategic partnership to expand access to mobile financial services across Sub-Saharan Africa. Orange Money customers will be able to instantly obtain a virtual or physical debit card, linked directly to their Orange Money wallets.

Visa 79

Visa Digital Payments Financial Inclusion Online and Mobile Banking 79

Fintech Finance

NOVEMBER 5, 2024

Ahead of the Singapore FinTech Festival, Mastercard today introduced Mastercard Pay Local, a global service that makes it easy for consumers to make card payments to merchants using local digital wallets. Businesses that would like to learn more about Mastercard Pay Local should visit the information page and fill out the form.

Visa 79

Visa Process Financial Inclusion SARS 79

The Fintech Times

DECEMBER 6, 2023

Mastercard has teamed up with payment processing company MDP to boost the payments landscape for banks and non-FIs in the Middle East and Africa region. The post Mastercard Partners with MDP to Innovate Payment Solutions in the Middle East and Africa appeared first on The Fintech Times.

Visa 64

Visa Payment Solutions Innovation Non-Bank 64

Fintech Finance

FEBRUARY 29, 2024

Mastercard has partnered with Loop , a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions.

Payment Solutions 52

Payment Solutions Visa Innovation Financial Inclusion 52

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 87

Visa BNPL Financial Inclusion On-Demand 87

Fintech Finance

JULY 16, 2024

Jordan Kuwait Bank (JKB) is pleased to announce its strategic collaboration with Mastercard and FOO to introduce eliWallet, a groundbreaking multicurrency payment. ” In collaboration with Mastercard and FOO, eliWallet leverages advanced technology to deliver a secure and seamless payment experience.

Visa 75

Visa Financial Inclusion On-Demand Gateways 75

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%.

Visa 86

Visa Payments Payment Networks Online and Mobile Banking 86

Finovate

JULY 17, 2024

Percent Best Anti-Fraud/AML Solution Credit Union of Colorado ING Turkiye JP Morgan AWM Mastercard Worldpay Best Back-Office/Core Services Solution FINBOA LoanPro Mastercard Cybersecurity Mitek Systems Taktile Zafin Best Banking-as-a-Service Provider B4B Payments Colendi Grasshopper Bank North Bay Credit Union Pathward, N.A.

Credit Union 122

Credit Union Visa AI Embedded Finance 122

Fintech Finance

SEPTEMBER 4, 2024

Paymentology , the leading global issuer processor, today announces a continuation of its partnership with Zambian fintech, Union54 , a company dedicated to providing secure messaging and instant payment systems. This partnership comes at a time of rapid growth in Zambia’s digital payments sector.

Debit Card 90

Debit Card Visa Payment APIs and Integration Instant Payments 90

The Fintech Times

JUNE 16, 2024

Doha Bank and Mastercard have formed a major long-term partnership to boost the commercial bank’s payment solutions and support Qatar’s digital transformation goals. ” The post Doha Bank and Mastercard Collaborate to Strengthen Digital Payment Services appeared first on The Fintech Times.

Visa 69

Visa Digital Payments Financial Inclusion Payments 69

Faster Payments Council

FEBRUARY 18, 2021

Faster Payments Council (FPC), a membership organization devoted to advancing faster payments in the United States, today announced it has launched two new FPC Work Groups: Financial Inclusion and Real-Time Recurring. The list of use cases for real-time recurring payments has grown substantially in recent years.

Financial Inclusion 68

Financial Inclusion Faster Payments FPC Cross-Border Payments 68

PYMNTS

SEPTEMBER 22, 2017

Promoting financial inclusion — a lofty ambition targeting two billion people around the world who currently live without the ability to securely send and receive money — is about more than taking cash away, handing those consumers an electronic payments solution and opening up bank accounts for them.

Visa 64

Visa Financial Inclusion Small Business Point-of-Sale (POS) 64

Fintech News

NOVEMBER 11, 2024

Singapore-based fintech company FOMO Pay has partnered with Mastercard to debut FOMO SoftPOS, a new Tap on Phone payment solution. This enables businesses to process contactless card payments directly on their smartphones via the FOMO Pay app, available on the Google Play Store.

Contactless Payments 89

Contactless Payments Visa Financial Inclusion Payments 89

Fintech Finance

JUNE 25, 2024

As part of its mission to connect and power an inclusive digital economy, Mastercard has signed a strategic agreement with urpay to offer urpay consumers across the Kingdom greater access to an advanced selection of cross-border payment solutions. These services will be provided through urpay digital wallet.

Cross-Border Payments 68

Cross-Border Payments Cross-Border Visa Security 68

Finovate

DECEMBER 22, 2023

Indonesian P2P fintech JULO added insurance coverage with the launch of its JULO Cares solution. Sub-Saharan Africa Mastercard launched new contactless payment solutions in Nigeria. MDP, a card issuing platform based in Egypt, teamed up with Mastercard to launch a Carbon Calculator for consumers.

Financial Inclusion 64

Financial Inclusion Automation AI Financial Crimes 64

The Fintech Times

OCTOBER 29, 2024

Orange Middle East and Africa is strategically partnering with global payments giant Mastercard to expand access to mobile financial services across Sub-Saharan Africa. The two entities plan to roll out the service in seven countries: Cameroon, Central African Republic, Guinea-Bissau, Liberia, Mali, Senegal and Sierra Leone.

Visa 59

Visa Financial Inclusion Online and Mobile Banking Debit Card 59

The Fintech Times

AUGUST 16, 2024

Mastercard has partnered with Scale , an issuer orchestration partner, to streamline the deployment of payment programmes for fintechs across Africa and the Middle East. Point of contact The collaboration will evolve into a technology proposition, enabling any tech company to acquire the Mastercard issuing capability through Scale.

Visa 59

Visa FinTech Financial Inclusion Processors 59

Finextra

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.

Multi-Currency 52

Multi-Currency Visa Financial Inclusion Payment Solutions 52

Fintech Finance

AUGUST 20, 2024

The National Bank of Egypt (NBE), in collaboration with Mastercard , has unveiled the Touch Card, a groundbreaking payment solution designed to empower customers with visual impairments. million people with disabilities through the “Karama” program, and the issuance of 1.3

Visa 52

Visa Financial Inclusion ATM Economy 52

Fintech Finance

JANUARY 30, 2024

Mastercard and SadaPay have expanded their strategic business partnership to launch SME debit and credit cards in Pakistan. The multi-year collaboration will see the two companies boost financial inclusion among the country’s small businesses and freelancers. million MSMEs and a booming digital payments landscape.

Addressing 59

Addressing Visa Debit Card Financial Inclusion 59

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.

Visa 59

Visa Financial Inclusion Embedded Finance Payroll 59

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.

Visa 52

Visa Financial Inclusion Embedded Finance Payroll 52

Fintech Finance

FEBRUARY 14, 2024

Mastercard and the Bank of Punjab (BOP) have expanded their partnership to cover the commercial segment, ranging from large corporate entities and Small and Medium Enterprises (SME) to freelancer and gig workers. This will enable Corporates to manage payments more efficiently and reduce friction in making B2B payments.

Visa 52

Visa Digital Payments Financial Inclusion Economy 52

Fintech Finance

JANUARY 25, 2024

Paymob , the leading financial services enabler in the Middle East, North Africa and Pakistan (MENA-P), has announced a partnership with Mastercard to accelerate digital payment acceptance across the MENA region. MSMEs are the engines of economic growth and vital contributors to the GDP in MENA.

Visa 59

Visa Digital Payments Small Business Payments 59

Fintech Finance

MARCH 19, 2024

Mastercard continues to expand its cross-border payment solutions with a new connection to Alipay , China’s leading digital open platform under Ant Group. Insights from Mastercard’s Borderless Payments Report reveal that 68% of consumers would make more online cross-border payments if they were faster.

Cross-Border Payments 52

Cross-Border Payments Visa Cross-Border Security 52

PYMNTS

FEBRUARY 12, 2019

Metabank has launched a new payments platform to help its partners disburse funds almost instantly, according to a release by the company. The new platform includes Mastercard Send, a push payments service designed to rapidly send money in the U.S. and also across borders.

Faster Payments 58

Faster Payments Visa Tax Refunds ACH Origination 58