Mastercard and four other companies were fined a total of £33 million ($45.01 million) for their practices involving prepaid cards, with Mastercard being hit with the biggest penalty of £31.56 million ($43.04 million), the Payment Systems Regulator (PSR) said in a statement on Tuesday (Jan....
Mastercard has announced five new startups on its Start Path Crypto program, which is meant to use blockchain to solve “real world problems” around the world, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Western Union and Mastercard are expanding their 10-year digital partnership to deliver more choice and convenience to customers around the world making payments and cross-border money transfers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
During Mastercard’s investor day event Wednesday (Nov. 10), the company announced its forecasted growth targets were rising and its net revenue is likely to rise in the “high-teens” percentiles from 2022 to 2024. Get the Full Story Complete the form to unlock this article and enjoy...
Mastercard is celebrating the 50th anniversary of the TCS New York City Marathon, and is honoring the small businesses that have kept the city running for 50 years, according to a press release emailed to PYMNTS on Thursday (Nov. 4). Get the Full Story Complete...
Mastercard and Citi are expanding their relationship to grow the City Possible network by putting their collective resources to work for the good of local residents and small businesses, according to a press release on Thursday (Oct. 7). Get the Full Story Complete the form...
With a goal of supporting more than 5 million micro and small businesses worldwide struggling to transition to digital, Mastercard — through the Center for Inclusive Growth — on Wednesday (Sept. 22) announced the debut of Strive, a worldwide effort focused on bolstering small businesses...
Mastercard announced that Executive Chairman Ajay Banga will retire on Dec. 31, 2021, with current Lead Independent Director Merit Janow filling in as non-executive independent chair of the board, effective next Jan. 1. Get the Full Story Complete the form to unlock this article and...
Mastercard has jumped on the non-fungible token (NFT) bandwagon. The credit card company on Thursday (Sept. 16) announced a raffle for cardholders in the United Kingdom to win the company’s first NFT, created in collaboration with professional soccer manager and former player José Mourinho. Get the...
