Innovation

Innovation generally refers to changing processes or creating more effective processes, products and ideas. For businesses, this could mean implementing new ideas, creating dynamic products or improving your existing services.

(source: business.gov.au)

B2B Payments
India’s ElectraCard To Be Purchased By MasterCard
May 19, 2014

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. Get the Full Story...

B2B Payments
MasterCard’s Big Play For Small Businesses
May 13, 2014

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...

Company Profile
MasterCard Courts European Start-Ups With Newly Announced Start Path
May 06, 2014

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...

Company Profile
MasterCard Lobbies on Bitcoin
May 01, 2014

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...

Company Profile
MasterCard Launches eWallet in New Zealand
April 30, 2014

The MasterCard MasterPass has already launched in over 20 countries.

Company Profile
Target Appoints New Chief Information Officer and plans to enable MasterCard chip-and-PIN technology for REDcard...
April 29, 2014

Target has announced two major initiatives this morning, both with the potential to change the retailer’s immediate future significantly. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Company Profile
Risk Management Patent Assigned to MasterCard International
April 25, 2014

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...

Company Profile
The Mobile Commerce Roadmap: MasterCard Takes Initiative
April 24, 2014

In this exclusive series, MasterCard’s Chief Emerging Payments Officer Ed McLaughlin has spoken with MPD CEO Karen Webster about the general state of mobile commerce, its game changers, and the technology behind mobile security. In the final part of the digital discussion, McLaughlin reveals exciting...

Company Profile
MasterCard’s View on the Mobile Commerce Game-Changers
April 10, 2014

In Part Two of this exclusive series, MasterCard’s Chief Emerging Payments Officer, Ed McLaughlin gives Karen Webster the view from his perch on who’s doing the most game-changing stuff in mobile, which represent the biggest opportunity of all and where the “white spaces” are that...