MasterCard and eNett International announced earlier this week that they had extended their international partnership, and plan to redefine travel payments globally. According to a joint company statement, the two organizations have worked with travel agents, airlines, hotels and travel wholesalers to fine-tune their payments...
MasterCard is extending its zero-liability policy in the U.S. to include all MasterCard PIN-based purchases and ATM transactions, the company announced May 28. The network has provided similar protections on signature debit and credit card transactions for quite a while. The major card networks have...
MasterCard has announced that it intends to purchase Pune-headquartered ElectraCard Services (ECS) from Opus Software. The terms of the deal have not yet been disclosed and the deal is expected to close sometime around the end of the second quarter of 2014. ECS provides electronic payment processing...
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...
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...
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...
The MasterCard MasterPass has already launched in over 20 countries.
Target has announced two major initiatives this morning, both with the potential to change the retailer’s immediate future significantly. Bob DeRodes will join the company as executive vice president and chief information officer (CIO). Target also released its plans to incorporate MasterCard’s Chip-and-PIN technology across...
A patent originally filed in October 2010 was assigned to MasterCard International, Purchase, NY, according to Insurance News Net. The patent was developed by a team of five members, and offers “methods for risk management” in mobile devices like smart phones that can be used...
