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 105

Visa Non-Bank Payments Financial Inclusion 105

Fintech News

JUNE 17, 2024

Payments giant Mastercard and cloud-native banking technology firm Thought Machine are deepening their partnership to offer improved payments and core banking solutions to financial institutions aiming to modernise their technology infrastructure. said Mark Barnett, President, Mastercard Europe.

Visa 105

Visa Non-Bank Debit Card SWIFT 105

Clearly Payments

JANUARY 15, 2025

Different card brands (Visa, Mastercard, American Express, Discover) have different rates, which can vary by transaction type (in-store, online, phone orders) or industry. Assessment Fees What It Is: Charged by the card networks (Visa, Mastercard, etc.) Look for unfamiliar terms like PCI non-compliance fee, gateway fee, or batch fee.

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Process Processors Gateways Push-to-Card 105

Fintech Finance

JUNE 17, 2024

Mastercard and Thought Machine , a cloud-native banking technology company, are advancing their partnership to deliver high-quality payments and core banking (critical back-end technology for product and account management and the customer ledger) capabilities to financial institutions looking to modernise their technology stack.

Visa 105

Visa Non-Bank Debit Card Payments 105

Fintech Finance

NOVEMBER 6, 2024

Businesses and consumers paying into and out of the Middle East and North Africa (MENA) region will benefit from faster, cheaper and more transparent cross-border payments through a first-of-its-kind public-private collaboration between Mastercard and the Arab Regional Payment System, Buna.

Cross-Border Payments 97

Cross-Border Payments Visa Cross-Border Multi-Currency 97

Fintech Finance

SEPTEMBER 30, 2024

Mastercard and Amazon Payment Services have signed a multi-year commercial partnership agreement to digitize payment acceptance in Middle East and Africa, across countries including Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and UAE.

Visa 110

Visa Payment Service Provider (PSP) Digital Payments Gateways 110

Fi911

AUGUST 7, 2024

Mastercard chargeback reason codes consist of a series of identifiers utilized to categorize various chargeback circumstances, which represent the disagreements raised by cardholders against merchants. Prominent card networks, including Visa and Mastercard, maintain their own unique sets of these codes. Seems to make sense, right?

Visa 99

Visa Disputes Authorization CHIPS 99

Fintech Finance

MARCH 18, 2025

Jack Henry ™ (Nasdaq: JKHY) announced today an extended collaboration with Mastercard to offer Mastercard Move, Mastercard’s portfolio of money transfer solutions, through Jack Henry Rapid Transfers™, a cloud-native service that will enable near-real time* money movement. million end users.

Visa 93

Visa Near Real-Time Credit Union Non-Bank 93

Fintech Finance

OCTOBER 11, 2024

Today, Citi and Mastercard announced a collaboration to offer cross-border payments to Mastercard debit cards in 14 receiving markets [1] worldwide, with plans for further expansion. Mastercard is one of the largest payment networks, with over 3.4 Mastercard is one of the largest payment networks, with over 3.4

Cross-Border Payments 96

Cross-Border Payments Cross-Border Visa Debit Card 96

Finovate

NOVEMBER 1, 2024

Moniepoint is building an all-in-one, seamlessly integrated platform for African businesses that features services including digital payments, banking, foreign exchange, credit, and business management tools. Wise became the first non-bank operating in Japan to earn approval to join the country’s domestic payment network, Zegin.

Financial Inclusion 111

Financial Inclusion Cross-Border FinTech Visa 111

Finextra

APRIL 16, 2025

Blockchain bank account startup Bleap has joined with Mastercard to launch a non-custodial debit card, making it possible for people to connect stablecoin payments with traditional financial payment rails.

Stablecoins 72

Stablecoins Visa Debit Card Non-Bank 72

Fintech News

JANUARY 26, 2025

Emerging trends such as cross-border payment systems and open banking initiatives are breaking down traditional barriers, fostering greater connectivity and efficiency in Asias financial landscape. Open banking APIs has the potential bolster B2B payments in the region. However, the rapid progress comes with challenges.

Payments Trends 124

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 124

Fintech Finance

AUGUST 29, 2024

During a keynote presentation at Global Fintech Fest in Mumbai, Mastercard announced the worldwide launch of its new Payment Passkey Service to make online shopping more secure and easier than ever. Enter payment passkeys. Upon successful authentication, the payment is instantly completed. “By

Visa 105

Visa Security Authentication Payments 105

Fi911

DECEMBER 5, 2023

For banking professionals, it’s important to recognize the severe impact of high chargeback levels on merchants, a challenge that continues to escalate. Chargeback thresholds refer to the monthly chargeback limits established by Visa and Mastercard. What are the Visa & Mastercard Chargeback Thresholds?

Visa 101

Visa Disputes Non-Bank Risk 101

Clearly Payments

APRIL 10, 2025

Interchange Fees These go directly to the customers bank (the card-issuing bank ). Set by the card networks (Visa, Mastercard, etc.) and non-negotiable. Card Brand Fees Also known as assessment fees, these are charged by Visa, Mastercard, American Express, and Discover. Also non-negotiable.

Credit Cards 59

Credit Cards Process Processors Non-Bank 59

PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release. Suppliers will have improved cash flows.

Commercial Card 92

Commercial Card Visa Reconciliation B2B 92

The Fintech Times

APRIL 12, 2025

As traditional banking processes are replaced by more integrated financial solutions, companies across industries are embedding payment processing, lending, insurance, and investment services directly into their platforms. The need for traditional banks to digitise has never been more apparent.

Embedded Finance 78

Embedded Finance Finance Payment APIs and Integration Non-Bank 78

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

JANUARY 16, 2025

As small and medium-size businesses are increasingly turning to non-banking cost-efficient payments solutions, Guavapay is at the forefront of providing solutions that meet the evolving needs of global businesses with real-time, affordable fund transfer, multi-currency accounts and advanced payment APIs.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

The Fintech Times

MAY 21, 2024

Mastercard and Visa dominate the UK card payment market, lacking effective competition and leading to substantial fee hikes, according to a recent interim report by the Payment Systems Regulator (PSR). The remedies would also increase transparency around Mastercard and Visa’s UK operations, allowing the PSR to better hold them to account.”

Visa 90

Visa Regulations Payments Consulting 90

PYMNTS

JANUARY 22, 2019

Mastercard was slapped with a $648.3 According to the report, the European Commission said that Mastercard has long stopped retailers from looking for lower bank fees that are available outside of their country. Reuters noted that in December, Mastercard warned that it could be hit with a $650 million fine.

Visa 82

Visa Debit Card Credit Cards Caps 82

Stax

DECEMBER 20, 2023

Interchange is the fee that credit card companies like Visa and Mastercard charge businesses to accept their cards. Visa interchange fees Mastercard interchange fees Discover interchange fees American Express interchange (OptBlue) What is the total cost of accepting credit cards?

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

Stax

NOVEMBER 14, 2024

And yet, accepting non-cash forms of payments is more or less required to operate a modern business, at least in the U.S. They include: the merchant, cardholder, card associations, acquiring bank, issuing bank, and payment processor. Card Association: Visa, Mastercard, American Express, and Discover. merchant’s) bank.

Credit Cards 88

Credit Cards Process Online and Mobile Banking Payment APIs and Integration 88

Stax

MARCH 13, 2025

Behind every seamless payment card transaction is a complex network of banks, credit card companies, and payment systems working together to transfer money from the customer to the merchant. Although they go to issuing banks, the rates are set by card networks. However, this convenience comes at a cost, mainly for businesses.

Debit Card 88

Debit Card Credit Cards Processors Processing Costs 88

Finovate

JUNE 17, 2024

Thought Machine has extended its relationship with Mastercard. The two are advancing their partnership to offer core banking and payment solutions to financial institutions. The two first partnered in 2020, when Thought Machine participated in the Mastercard Start Path startup engagement program.

Visa 59

Visa Non-Bank Debit Card Participant 59

Stax

APRIL 3, 2025

Its the bridge between an eCommerce website, its customers, and the bank. Its the third-party service that serves as the link between the payment gateway, acquiring bank, and issuing bank or card network. It works in tandem with the customers bank or credit card provider to verify and authorize the transaction.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

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

APRIL 19, 2024

Nubank and Mastercard have released findings from a study measuring the financial inclusion impact on individuals, including some who have historically been on the margins of the traditional banking system in Brazil.1 For additional information, read the full report here.

Financial Inclusion 80

Financial Inclusion Visa Non-Bank Real Time Payments 80

The Fintech Times

FEBRUARY 26, 2025

Leveraging Mastercard Move’s advanced money movement capabilities, ACE customers in the UK, Australia, Canada, and Europe will now be able to make fast, secure, and convenient transfers to India, Norway, Denmark, Sweden, and other countries in the Single Euro Payments Area (SEPA).

Visa 59

Visa Non-Bank Security Economy 59

Fintech News

MAY 27, 2024

Central bank digital currencies (CBDCs) have largely existed in the virtual realm, with transactions initiated primarily through web and mobile interfaces. It was a contactless payment on POS using a card issued by Eurasian Bank JSC on the Way4 digital payments software system. The country stands out in this regard.

CBDC 126

CBDC Transactions Payment APIs and Integration Cross-Border 126

The Fintech Times

MARCH 1, 2024

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

Card Issuer 64

Card Issuer Issuers Visa Online and Mobile Banking 64

The Fintech Times

MARCH 18, 2025

Global insurtech bolttech has appointed Ridhi Chaudhary , chief investment officer, Dragon Fund by Liquidity and MUFG , to its board as a non-executive director. M&As OakNorth deepens support for US lower mid-market businesses with acquisition of Michigan-based, Community Unity Bank. This expands a relationship which began in 2014.

FinTech 59

FinTech Payment APIs and Integration Non-Bank APACS 59

The Fintech Times

MARCH 25, 2025

The complex infrastructure of creating a secure payment card representing your firm’s brand has long been one of the biggest challenges stopping, not only branded organisations like sports clubs or car manufacturers, but banks and fintechs too, from creating a unique, brand-relevant product.

Non-Bank 59

Non-Bank Payments On-Demand Product 59

PYMNTS

MAY 16, 2019

That provides a rough idea of some of the motivation behind Mastercard ’s latest effort in payments and commerce innovation — an effort described in depth in a new PYMNTS interview between Karen Webster and Amnah Ajmal, Mastercard’s executive vice president of core products. Not Just A Number.

Visa 68

Visa Innovation Issuers Payments 68

The Fintech Times

NOVEMBER 14, 2024

Philip Jenks is now a non-executive director for Chetwood Bank. Jenks has held leadership positions with Halifax and HBOS, and well as NED or chairman roles fo r Leeds Building Society, Charter Court Financial Services, City of London Group and Recognise Bank. Scintilla offers end-to-end virtual asset solutions.

FinTech 64

FinTech Non-Bank Settlement Laws 64

PYMNTS

MAY 6, 2019

Mastercard said on Friday (May 3) that is acquiring Transactis , a bill payment platform, in an effort to streamline bill presentment and payments. The Transactis deal, slated to close in the second quarter, comes as Mastercard is readying the Mastercard Bill Pay Exchange for a full launch later in the year.

Visa 57

Visa Payment APIs and Integration ISO 20022 Online and Mobile Banking 57

Fintech Finance

FEBRUARY 28, 2024

Today Mastercard announced the Open Banking for Account Opening program, providing a foundational set of open banking products as a core benefit to Mastercard consumer and small business debit issuers as well as consumer prepaid issuers in the U.S. year over year, from 20.7 million in 2020 to hit 47.8 million by 2026.

Visa 59

Visa Accounts Issuers Online and Mobile Banking 59