U.K. Finance, a trade association representing the payments and finance industry, announced in a press release that the U.K. would raise the contactless pay limit from £15 ($17.43) to £45 ($52.29) in response to the coronavirus, which has sent waves of disruption through the world’s...
While paper checks are increasingly passing into the realm of consumers’ memory, there are certain niches where they have managed to hold on, even as the rest of the world tries rather adamantly to move on. It is not so much affection keeping checks around...
A big change is coming to Mastercard, which will soon be marking the end of an era as its longtime CEO Ajay Banga departs from the role of CEO and moves on to the role of Executive Chairman, a position now held by Richard Haythornthwaite, on Jan. 1,...
Mastercard said in a statement Monday (Feb. 24) that the coronavirus outbreak could hurt its revenues this year and that caused the company’s shares to dip on the news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Mastercard has announced plans to expand its European tech hub in Leopardstown, South Dublin in a move the firm says will create 1,500 jobs, according to a Monday (Feb. 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bright lights, big (and small) cities and Big Data. 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 to our daily newsletter, PYMNTS Today. By completing this form,...
China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market digitally and to target consumers underserved by traditional banking models. Get the Full Story Complete the form to unlock this article and enjoy...
Ajay Banga, the chief executive officer (CEO) of Mastercard, is adamantly against any attempts to fracture the Global Payments Systems (GPS) into national domains, Financial Times (FT) reported on Sunday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy...
