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. With payment passkeys, consumers can say goodbye to the hassle of forgetting or accidentally sharing their passwords or OTPs.

Visa 102

Visa Security Authentication Payments 102

Fintech Finance

NOVEMBER 1, 2024

“We are thrilled to see that Torus is really enabling banks and fintechs to optimise the way they deal with Visa and Mastercard fees and gain double or even triple digit profitability improvement. A big thank you to Sifted for featuring us, and we will continue to push forward!”,

FinTech 96

FinTech Push-to-Card Card Issuer Visa 96

Fintech Finance

NOVEMBER 5, 2024

MeaWallet , a leading digital payments enabler specialising in card tokenization, today announced several updates to its products in support of Click to Pay. Click to Pay, described by Mastercard as the e-commerce counterpart to contactless cards, leverages the Secure Remote Commerce (SRC) Framework.

Enrollments 97

Enrollments Push-to-Card Payment APIs and Integration Issuers 97

Fintech Finance

APRIL 11, 2024

Verituity , a leading provider of intelligent, verified payout solutions, today announced the integration of Mastercard Move , Mastercard’s portfolio of domestic and international money transfer solutions, into its payments platform, enabling near real-time payouts for commercial banks and payers.

Cross-Border 52

Cross-Border Visa Payee Near Real-Time 52

PYMNTS

FEBRUARY 3, 2020

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s Bank of China is prepared to inject $173 billion into the country to stabilize the economic damage wreaked by the coronavirus.

Push-to-Card 56

Push-to-Card Payer Credit Cards Visa 56

Payments Source

MARCH 16, 2021

Visa and Mastercard are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards online, pushing back the changes another year to April 2022 because of the pandemic.

Visa 76

Visa Push-to-Card Credit Cards Consumer 76

PYMNTS

JULY 20, 2020

small and medium-sized business (SMB)-focused bank Tide said it has a new relationship with Mastercard that makes Tide one of the card company’s principal issuers, Finextra reported Monday (July 20). Under the multi-year arrangement, Tide will settle funds directly with Mastercard. billion) for U.K. SMBs in 2019.

Visa 91

Visa Push-to-Card Card Issuer Issuers 91

PYMNTS

AUGUST 20, 2020

Though the great consumer shift to digital is often seen as a side effect of the COVID-19 pandemic, that’s not entirely accurate, Mike Cowen , Mastercard ’s head of digital payments for the U.K., The New Samsung Pay Card . In a typical digital-wallet offering, one registers their card credentials into the wallet directly.

Visa 95

Visa Push-to-Card Credential Credit Cards 95

The Fintech Times

MARCH 30, 2024

Earlier this week, payment giants Visa and Mastercard agreed to lower fees charged to merchants for credit card transactions in the US, following a lawsuit spanning almost two decades. “Merchants will now be more able to add surcharges to purchases made with credit cards that come with higher swipe fees.

Settlement 59

Settlement Credit Cards Visa Consumer 59

PYMNTS

JULY 21, 2020

Mastercard on Monday (July 20) announced the expansion of its cryptocurrency partner program to streamline the process for crypto-wallet providers to issue secure, compliant payment cards to their customers. Launched via Mastercard’s Accelerate program, cryptocurrency platform Wirex will be Mastercard’s first partner.

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Visa Cryptocurrency Blockchain Bitcoin 127

PYMNTS

SEPTEMBER 2, 2020

As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. The deal allows Mastercard customers to split transactions into installments before, during or after checkout. 2) that it has partnered with TSYS , a global payments FinTech that allows shoppers to buy now, pay later (BNPL).

Visa 88

Visa BNPL Push-to-Card Payments 88

Fintech Finance

SEPTEMBER 18, 2024

Fingerprint Cards AB (STO: FING B) and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced SECORA Pay Bio, an all-in-one biometric payment card solution that complies with Visa and Mastercard specifications. This will lead to a much simpler biometric payment card manufacturing process.

Enrollments 98

Enrollments Push-to-Card CHIPS Contactless Payments 98

PYMNTS

OCTOBER 16, 2020

Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits.

Visa 116

Visa Economy Push-to-Card Enrollments 116

PYMNTS

OCTOBER 1, 2020

The great digital shift is transforming credit cards into money management tools. Consumers want cards, and they want them quickly, and they want those cards [delivered] in a digital way," said Turner. The company said that through the expansion of its Digital-First Card Program, which was announced last Wednesday (Sept.

Credit Cards 99

Credit Cards Visa Credential Push-to-Card 99

Fintech Finance

OCTOBER 15, 2024

Card payments dominate the Nordic payment landscape, with 90 percent of shoppers using them for contactless payments either daily or once a week. Cards dominate but mobile payments are rising 76 percent of Nordic consumers use some form of mobile payment in physical sales locations.

Mobile Payments 94

Mobile Payments Push-to-Card Payments Contactless Payments 94

PYMNTS

SEPTEMBER 23, 2020

In today’s top payments news around the world, PayPal and Mastercard are adding more European Union (EU) countries to a debit card offering, while European Central Bank (ECB) President Christine Lagarde has called for a digital euro. PayPal, Mastercard Add 5 EU Countries To Debit Card Offering.

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Debit Card PayPal Visa Push-to-Card 85

Payments Dive

APRIL 18, 2022

Four members of Congress are suddenly pushing Visa and Mastercard to cancel the credit card "swipe" fee increases they planned to impose this month. The lawmakers cited inflation and a lack of competition in the card industry.

Push-to-Card 88

Push-to-Card Credit Cards Visa 88

The Fintech Times

OCTOBER 3, 2024

One solution to this challenge is using a service like Expend Business ‘ Card Connect, which has seen record up-take. Expend, the expense management software with employee expense cards firm, aims to streamline financial management to improve efficiency. Clients tell us that the choice of card is valuable.

Push-to-Card 59

Push-to-Card Visa Debit Card Reconciliation 59

PYMNTS

DECEMBER 3, 2020

And while the origins of that trend pre-date the current crisis, Silvana Hernandez , senior vice president of digital payments at Mastercard , tells PYMNTS that the pandemic has sped up the process. Hernandez touts end-to-end solutions like Mastercard Send as the kind of solution that many treasury banks are adopting.

Treasury 89

Treasury Visa Digital Payments Debit Card 89

PYMNTS

MAY 22, 2019

Mastercard and Interac, the global and domestic payment networks, announced Wednesday (May 22) they are collaborating to offer customers in Canada a fast and easy way to send money internationally. Mastercard and Interac said National Bank will be the first bank to pilot the new service for its banking clients.

Cross-Border Payments 76

Cross-Border Payments Cross-Border Visa Online and Mobile Banking 76

PYMNTS

NOVEMBER 18, 2020

But most of the time, they simply aren’t getting the choice, Ingo Money CEO Drew Edwards and Mastercard ’s Sherri Haymond , executive vice president/digital partnerships, said in a recent discussion with Karen Webster. That steadily rising drumbeat of demand has inspired a new partnership that Ingo and Mastercard announced Wednesday (Nov.

Instant Payments 87

Instant Payments Treasury Visa Payments 87

Fintech Finance

AUGUST 15, 2024

The continued push for a Cashless India presents an opportunity for businesses to offer new customer journeys in the fastest growing e-commerce market in the world,” said Ingo Uytdehaage, Co-CEO, Adyen. “We We are committed to our merchants’ long-term growth as we steadily scale our presence in India.”

Process 108

Process Technology Cross-Border Payments Push-to-Card 108

PYMNTS

MARCH 14, 2019

Mastercard and B2B payment network Finexio are entering into a strategic partnership to strengthen their supplier payment offering. In a press release , Finexio said it will allow customers to pay their vendors using Mastercard-branded virtual cards, part of their broader effort of promoting digital B2B payments in the U.S.

Visa 65

Visa Push-to-Card B2B Payments 65

The Fintech Times

MARCH 13, 2024

Fondeadora , the financial service provider in Mexico, has reaffirmed its commitment to delivering secure digital payment services in the region as it partners with MeaWallet , the digital payments enabler specialising in card tokenisation. Push provisioning streamlines the card issuance process to digital wallets.

Digital Payments 64

Digital Payments Push-to-Card Online and Mobile Banking Payments 64

PYMNTS

DECEMBER 10, 2019

Mastercard is running two transportation-friendly holiday season options for cardholders using tap-and-go payment in New York City, the company announced in a release. . 10) until New Year’s Day, Mastercard will give back $10 a day on yellow or green taxis that have Curb Mobility technology or CMT Group technology systems.

Visa 52

Visa Push-to-Card Debit Card Credit Cards 52

PYMNTS

OCTOBER 26, 2018

Scientists are now looking for more funding to get a better understanding as to how so much plastic has made it into human digestive tracts worldwide — but the big takeaway, Mastercard President of Cyber And Intelligence Solutions Ajay Bhalla told PYMNTS, is pretty obvious. If we don’t all get behind it, the world will have a big problem.

Visa 75

Visa Push-to-Card Best Practices Credit Cards 75

PYMNTS

OCTOBER 12, 2020

But pushed by the pressure of an unusual circumstance to do something a different way, it’s amazing how quickly a new habit can grow up in the space an old one left behind. It’s that rapidly shifting environment that drove Mastercard and Marqeta last week to announce a deeper global collaboration. I think it’s fun.

Card Issuer 93

Card Issuer Visa Issuers Payment APIs and Integration 93

PYMNTS

DECEMBER 10, 2019

Mastercard is running two transportation-friendly holiday season options for cardholders using tap-and-go payment in New York City, the company announced in a release. . 10) until New Year’s Day, Mastercard will give back $10 a day on yellow or green taxis that have Curb Mobility technology or CMT Group technology systems.

Visa 52

Visa Push-to-Card Debit Card Credit Cards 52

Neopay

OCTOBER 23, 2024

Card payments dominate the Nordic payment landscape , with 90% of shoppers using them for contactless payments either daily or once a week, according to new research conducted on by Nets. Cards dominate but mobile payments are rising – 76% of Nordic consumers use some form of mobile payment in physical sales locations.

Mobile Payments 52

Mobile Payments Push-to-Card Payments Cross-Border 52

PYMNTS

DECEMBER 15, 2016

In a mutual commitment to accelerating the adoption of an open digital wallet, global card networks Mastercard and Visa announce their agreement to allow each network to request tokenized credentials from the other when consumers are transacting across any digital medium — in app, online and in store. Tokens Get Turbocharged.

Visa 95

Visa Payment APIs and Integration Credential Push-to-Card 95

PYMNTS

SEPTEMBER 17, 2018

When Mastercard launched Send in 2015, the focus was on making it easy to move money quickly between businesses and people using the debit card as the proxy. Send doesn’t just work with Mastercard branded cards, either, Jess Turner, executive vice president of digital payments at Mastercard, told PYMNTS in a recent conversation.

Visa 57

Visa Push-to-Card Debit Card Payments 57

PYMNTS

MARCH 4, 2020

In a series of interviews with PYMNTS’ Karen Webster, FinTech and Mastercard executives pointed to development programs like Mastercard Accelerate as instrumental in addressing problems across demographics and geographies. MoneyLion [has been] playing a part in facilitating ‘instant everything,’” Choubey said. Pairing for success.

Visa 61

Visa FinTech Push-to-Card Financial Inclusion 61

PYMNTS

JUNE 4, 2019

The latest evidence of that comes from Mastercard. On Tuesday (June 4), the payment card network launched its latest initiative centered around the changes, a program called Open Banking Solutions. Open Banking, which launched in the U.K. The service is, for now, focused on the U.K. It’s a massive strategy change in the industry.”.

Visa 81

Visa API Disputes Push-to-Card 81

PYMNTS

JUNE 8, 2020

And looking more deeply into the European Union, where some green shoots of recovery are showing, Mark Barnett , Mastercard ’s new president of Mastercard Europe, told Karen Webster that addressing the needs of a diverse, 53-country ecosystem hinges on offering multiple ways to pay over multiple rails.

Visa 67

Visa Digital Payments Real Time Payments Push-to-Card 67

PYMNTS

MAY 31, 2018

It’s been three years since Mastercard started its Send offering for card-based push payments. In the tech world, that’s a long time, but in the banking space, things can move a bit more slowly – which means Mastercard Send is still breaking into new use cases beyond its original intent. From P2P to B2B.

P2P 49

P2P Visa B2B Push-to-Card 49

PYMNTS

FEBRUARY 12, 2019

The new platform includes Mastercard Send, a push payments service designed to rapidly send money in the U.S. debit or reloadable prepaid cards for payment of tax refunds, government aid, healthcare and insurance claims and payments to gig economy workers. and also across borders.

Faster Payments 58

Faster Payments Visa Tax Refunds ACH Origination 58

PYMNTS

FEBRUARY 4, 2020

Most recently, as of last week to be specific, one can see it in India where Mastercard announced an investment and new partnership with merchant commerce platform Pine Labs. It can literally now be point, click, use,” Khoja said. Buy Now, Pay Later, he noted, offers a great illustration of this in action worldwide.

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Visa Value Added Service Push-to-Card BNPL 74