Fintech Finance

NOVEMBER 13, 2024

Mastercard today announced its vision to transform online shopping by 2030. By 2030, Mastercard aims to eliminate the need for manual card entry and one-time or static passwords by combining tokenization, introduced ten years ago to protect sensitive personal and payment data, with biometric authentication for secure, seamless checkout.

Visa 98

Visa Authentication Payments Issuers 98

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.

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Cross-Border Payments Visa Cross-Border Multi-Currency 93

Fintech News

NOVEMBER 5, 2024

Payment giant Mastercard is accelerating and securing online transactions in Asia Pacific by eliminating the need for one-time passwords (OTPs) with its enhanced Mastercard Payment Passkey service. To use this service, consumers simply enroll their Mastercard once.

APACS 101

APACS Visa Security Authentication 101

Payments Dive

JUNE 25, 2024

On Tuesday, Judge Margo Brodie denied a preliminary settlement proposal made by the card networks Visa and Mastercard, and merchants who sued them in federal court nearly two decades ago.

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Settlement Visa 177

Fintech News

NOVEMBER 11, 2024

The National Bank of Cambodia (NBC) has launched the Bakong Tourists app in collaboration with Mastercard at a ceremony in Phnom Penh. Tourists can download the app upon arrival and seamlessly top up their Bakong accounts using their Mastercard issued in their home countries. This allows them to scan KHQR codes and pay at over 3.3

Visa 98

Visa Payments Economy Government 98

Fintech Finance

OCTOBER 21, 2024

Mastercard introduced a new product innovation, Mastercard Move Commercial Payments, that will enable banks to facilitate near real-time, predictable and transparent commercial cross-border payments. Value-added services tailored for a bank’s unique needs, including innovative risk control services and fraud analytics.

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Cross-Border Payments Cross-Border Visa Near Real-Time 97

Fintech Finance

NOVEMBER 6, 2024

As payments become more intricate, Mastercard today announced the latest enhancement to its new Mastercard Payment Passkey Service which enables secure, on-device biometric authentication through facial scans or fingerprints, the same way consumers unlock their phones every day.

Visa 83

Visa APACS Transactions Authentication 83

The Nilson Report

NOVEMBER 4, 2024

The post Mastercard Introduces Mastercard Move Commercial Payments appeared first on Nilson Report.

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Visa Payments Posting Cross-Border 52

Fintech Finance

NOVEMBER 11, 2024

Emirates NBD , a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region and Mastercard have partnered to introduce the Emirates NBD Wholesale Travel Solution, an innovative virtual card based B2B payment product now available to travel agencies. Khalil, EVP & Division President, East Arabia, Mastercard.

Visa 91

Visa B2B Cross-Border Payments Cross-Border 91

Fintech Finance

NOVEMBER 12, 2024

Mastercard has partnered with Tap Payments, one of the leading payment institutions and technology providers in the Middle East and North Africa, to introduce a global-first Click to Pay with Payment Passkey service for secure ecommerce transactions. This service has been introduced by Tap Payments on Mastercard’s Payment Gateway.

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Visa Gateways Authentication Payment Gateways 98

Payments Dive

FEBRUARY 21, 2024

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

Visa Card Issuer Issuers Acquirers 174

Payments Dive

JULY 1, 2024

A proposed Visa-Mastercard settlement failed partly because a judge overseeing the case determined large merchants wouldn’t benefit as much as smaller merchants.

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Settlement Visa Large Merchants 147

The Fintech Times

NOVEMBER 5, 2024

Global payments provider, Mastercard has introduced a new service to make it easy for customers to utilise local digital wallets and make card payments to merchants. The post Mastercard Improves Payments Convenienve Using Digital Wallets With Launch of Mastercard Pay Local appeared first on The Fintech Times.

Visa 59

Visa APACS Debit Card Payments 59

Payments Dive

APRIL 1, 2024

The settlement gives merchants the ability to surcharge for nearly all Visa and Mastercard credit card transactions, and puts pressure on American Express to allow the same.

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Settlement Visa Credit Cards Transactions 181

Finovate

OCTOBER 1, 2024

Mastercard has agreed to acquire subscription management platform Minna Technologies. But Mastercard announced today that it has agreed to acquire Swedish subscription management platform Minna Technologies. Mastercard’s acquisition comes as the number of subscriptions globally has climbed to 6.8 Terms were not disclosed.

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Visa Acquirers Technology Fraud Prevention 69

Fintech Finance

OCTOBER 25, 2024

Mastercard is expanding its US Installments experience at checkout to provide consumers with more choice in how they pay through Mastercard Installment Payment Services. Mastercard Installments provides trust and transparency. Together, we’re empowering consumers and driving greater value for businesses.”

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Visa Issuers Payment APIs and Integration Point-of-Sale (POS) 98

Fintech Finance

OCTOBER 9, 2024

To further Mastercard’s vision of bringing immediacy to card payments, the company today announced that South Africa will be the first market in the world to benefit from the security and speed of immediate Mastercard card payments. As a key global priority, real-time card payments are central to Mastercard’s strategy.

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Visa Payments Acquirers Settlement 94

Fintech News

SEPTEMBER 16, 2024

Payments giant Mastercard has announced plans to acquire global threat intelligence company Recorded Future for US$2.65 Mastercard aims to strengthen its cybersecurity capabilities with this acquisition as cybercrime costs are projected to reach US$9.2 trillion by 2024.

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Visa Acquirers Cybersecurity Fraud Prevention 109

Fintech News

SEPTEMBER 18, 2024

Siam Commercial Bank (SCB) has partnered with Mastercard and Malaysian fintech Soft Space to launch the ‘Effortless Payment Processing’ campaign. Merchants will be able to accept payments from various sources, including Mastercard and Visa credit and debit cards, mobile wallets, and QR payments.

Contactless Payments 121

Contactless Payments Visa Debit Card Payments 121

Fintech Finance

AUGUST 28, 2024

(NASDAQ: SOFI), is now offering its fintech clients, with fintech Rho as the first to launch, the ability to connect their business customers to Mastercard Smart Data, a market-leading expense reporting and analytics suite. Typically offered through sponsor banks, Galileo is the first issuer-processor to offer Mastercard Smart Data.

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Visa B2B Issuers Processors 98

Fintech Finance

SEPTEMBER 12, 2024

Kuady , the leading payments service processor, for Latin America, has today announced the launch of the Kuady Card, an innovative virtual prepaid Mastercard now available to users in Peru. The launch of our virtual prepaid Mastercard is a significant milestone for us.

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Visa Contactless Payments Processors Security 97

Fintech Finance

OCTOBER 14, 2024

Mastercard today takes another step forward in its mission to enhance trust in the digital economy, with the pilot launch of its Identity Attribute Verification service in several European markets. This initiative enables businesses to verify customer identity attributes securely and seamlessly.

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Verification Visa Privacy Issuers 104

Fintech Finance

OCTOBER 24, 2024

JazzCash , the fintech arm of Pakistan’s leading digital operator Jazz, a VEON Group company, has received the ‘Pioneering Telco to Launch Tap on Phone’ award at the Mastercard Payment Leaders Awards. The ceremony was held on the sidelines of the Mastercard EDGE 2024 event in Dubai. ” J.K.

Visa 96

Visa Point-of-Sale (POS) Economy Digital Payments 96

Fintech News

OCTOBER 1, 2024

Payments giant Mastercard has agreed to acquire Minna Technologies, a company that helps consumers manage subscriptions through banking apps and websites, pending regulatory approval. The acquisition aims to enhance Mastercard’s suite of services by offering consumers an easier way to handle their subscriptions.

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Visa Acquirers Economy Consumer 101

Fintech News

AUGUST 18, 2024

Payments giant Mastercard plans to lay off 3% of its workforce in a move that will affect around 1,000 employees globally, as it undertakes a major organisational overhaul. As of last year, Mastercard employed about 33,400 people worldwide, with 67% stationed outside the U.S. across more than 80 countries.

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Visa FinTech Posting Payments 105

Finextra

NOVEMBER 13, 2024

Mastercard has set itself the target of using tokenisation and biometrics to eliminate manual card entry, passwords and one-time codes for online purchases by 2030.

Visa 84

Visa 84

Fintech Finance

OCTOBER 23, 2024

Mastercard announced the launch of world class technology infrastructure in Saudi Arabia that will enable the processing of ecommerce transactions locally, providing a seamless and secure payments experience for both Mastercard partners and consumers, supporting the acceleration of the Kingdom’s digital commerce.

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Visa Digital Payments Gateways Technology 93

Finextra

JUNE 11, 2024

Mastercard has set itself a target of hitting 100% e-commerce tokenisation in Europe by 2030, phasing out manual card entry and making online shopping safer and more accessible.

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Visa 143

Fintech News

OCTOBER 28, 2024

Thunes, a global payments company, has launched a new Pay-to-Card solution that allows its members to send real-time payments to 15 billion Mastercard, Visa, and UnionPay cards worldwide. said Chloe Mayenobe, President and COO of Thunes.

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Global Payments Visa Cross-Border Payments Cross-Border 116

Fintech Finance

JULY 24, 2024

McLaren Racing and Mastercard have joined forces in a multi-year deal that will see the global payments leader become a major sponsor of the McLaren Formula 1 Team. Mastercard branding will appear later in the 2024 season. The post McLaren Formula 1 Team Joins Forces with Mastercard appeared first on FF News | Fintech Finance.

Visa 97

Visa Global Payments Innovation Finance 97

Finextra

OCTOBER 21, 2024

Mastercard has unveiled a set of tools designed to make it easy for people to manage how they share their financial data with third parties.

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Visa 85

Fintech Finance

OCTOBER 28, 2024

Mastercard has launched Bill Qkr to help merchants, acquirers, payment facilitators (PayFacs) and service providers (PSPs) grow into new markets and unlock new opportunities. Together with Mastercard, AXS has launched multiple pioneering initiatives such as tokenized payments, rewards programs, and Mastercard sonic branding.

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Visa Credential Facilitators Payment Reconciliation 84

Fintech Finance

OCTOBER 4, 2024

Paysend and Mastercard have partnered to launch Paysend Libre in Mexico in a move to drive financial inclusion in a region where the majority of the population is still underbanked or unbanked. Based on a virtual Paysend Mastercard, Paysend Libre is a revolutionary way to receive remittances that is simple to use, convenient, and secure.

Financial Inclusion 104

Financial Inclusion Visa Cross-Border Security 104

Fintech Finance

OCTOBER 1, 2024

Mastercard has agreed to acquire Minna Technologies , adding to their suite of services, pending regulatory review. And, Mastercard and Minna Technologies see an opportunity to do more together. Mastercard are excited about the opportunities in the subscription economy.

Visa 93

Visa Acquirers Technology Economy 93

Fintech Finance

NOVEMBER 20, 2024

Worldpay ® is launching an exciting new partnership with Mastercard to improve how these supplier payouts are facilitated and to create differentiated and tailored offerings for travel agents. The post Worldpay Partners with Mastercard to Introduce Virtual Card Program for Travel Agents appeared first on FF News | Fintech Finance.

Visa 52

Visa B2B Acquirers Credit Risk 52

Finextra

JUNE 3, 2024

Mastercard today announced the expansion of its global Biometric Checkout Program in Latin America (LAC). With partners Ingenico, Fulcrum Biometrics, Fujitsu Frontech, and Scanntech, Mastercard has launched an innovative in-store biometric payment experience at Tienda Inglesa’s Red Expres in Uruguay.

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Visa Innovation Payments 111

Fintech Finance

OCTOBER 30, 2024

Stanbic Bank Kenya and Mastercard have partnered to introduce two new world class credit cards to the Bank’s affluent clients across the region. The Mastercard World Elite Metal credit card will provide access to premier services and exclusive benefits, immersing clients in unparalleled luxury and elegance.”

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Visa Credit Cards Contactless Payments Finance 90