Mastercard

Mastercard
Mastercard Expands Start Path Program to Boost Payment Acceptance
May 02, 2024

Mastercard has welcomed six startups to its Start Path program focused on improving payment acceptance. “The ability to accept electronic payments has been critical to shaping the future of commerce and spurring the secular shift to digital — unlocking new use cases and enhancing expectations...

Mastercard
Mastercard Debuts Enhancements to FinTech Express and Engage Programs
April 25, 2024

Mastercard is introducing a card issuance function for its FinTech Express platform.  The payments giant made that announcement Thursday (April 25) as part of a broader rollout of enhancements to FinTech Express and its Engage program.  The idea, the company said in a news release, is...

Mastercard
Mastercard Takes AI-Driven Fraud Defense to Next Level
April 24, 2024

Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. The company announced on Wednesday (April 24) a new product suite and several cross-industry partners to combat the use of AI to...

Mastercard
Mastercard Brings Commercial Cards to Digital Wallets
April 18, 2024

Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in the form of a mobile virtual card app engineered to provide financial institutions with options...

Mastercard
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
April 09, 2024

Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core Payments; Commercial and New Payment Flows; and Services, the company said in a Tuesday (April 9) press release. “These changes will...

Mastercard
Mastercard Adds Cardholder Benefit Offers From Health, Travel, Lifestyle Brands
April 04, 2024

Mastercard has added new cardholder benefits that include offers from health and wellness, travel and lifestyle brands. The new offerings include benefits for consumer cardholders and small business cardholders, the company said in a Thursday (April 4) press release. “From savvy shoppers to ambitious entrepreneurs, Mastercard provides...

Mastercard
College Ave Launches Mastercard Secured Credit Card for College Students
January 30, 2024

Financial services company College Ave has launched a secured credit card for college students. The new Ambition Mastercard is designed to help students 18 years and older build and establish a positive credit history, College Ave said in a Tuesday (Jan. 30) press release emailed to PYMNTS. The...

Mastercard
Mastercard Joint Venture Gets Approval for Domestic Bank Card Clearing in China
November 20, 2023

A Mastercard joint venture (JV) entity received formal approval from the People’s Bank of China (PBOC) and the National Administration of Financial Regulation (NAFR) to begin domestic bank card clearing activity in China. The JV entity, Mastercard NUCC Information Technology (Beijing), has established standards, rules,...

Mastercard
Mastercard to Offer VIP Experiences Through Live Nation Partnership
November 02, 2023

Mastercard has formed a multi-year partnership with live entertainment company Live Nation. This partnership aims to provide exclusive benefits and VIP experiences for Mastercard cardholders in 19 geographies across Europe and Asia, beginning Jan. 1, the companies said in a Thursday (Nov. 2) press release.  Through this collaboration,...