Small and microbusinesses are vulnerable – especially when it comes to getting credit. And in the absence of traditional forms of credit, many turn to credit cards for working capital. But 46 percent of SMBs say they don’t or can’t. MasterCard and Corporation for Enterprise...
Day Two of National Small Business Week has officially begun. Today, MasterCard and Habitat for Humanity will together launch a pilot program in Flint, Michigan that will help build houses for families who manage home-based businesses, according to a Habitat release. The initiative aims to...
Small Businesses create two out of every three jobs in the US and keep the wheels of commerce spinning. Today marks the first day of a weeklong celebration of the role of Small Business in driving this country’s economic growth engine. Ed Glassman, MasterCard’s Global...
Catchy commercials might ask you “What’s in your wallet?” but do you really know the answer? Tens of thousands of germs and bacteria could be crawling around on your beloved bills, which MasterCard research says is actually enough to potentially move consumers more quickly to...
In recognition that the future of commerce rests not only with current players- issuers, aquifers and merchants- but also with start-ups developing the next generation of solutions, MasterCard announced earlier today the launch of MasterCard Start Path, an accelerator program dedicated to helping European start-ups...
Russian President Vladimir Putin has signed into law legislation that puts major constraints on foreign card brands doing business in that country, especially Visa and MasterCard. What's the deal? Billions in security deposits if they want to do business in the country.
MasterCard announced today its first-quarter earnings for 2014. According to a company blog post, net revenue growth was 14 percent due to a “double-digit increase in both gross volume and processed transactions.” Net income also increased by 14 percent, and earnings per share rose 18...
MasterCard posted favorable first-quarter numbers, but questions arise about pending legislation in both Russia and Europe that could affect card brands and pricing. Learn what MasterCard CEO Ajay Banga told analysts when asked about the impact to MasterCard’s future.
A quarterly report filed this month indicates that MasterCard is paying lobbyists to concentrate on “Bitcoin and mobile payments,” according to TheHill. MasterCard is the first company to officially lobby on digital currency. TheHill reported that, since Congress has shown interest in bitcoin, MasterCard’s lobbying...
