The Mastercard Foundation has reportedly established itself as a major institutional investor following a private equity deal. As Bloomberg News reported Tuesday (Nov. 26), the foundation has for years been one of the most successful investors in the world based on the strength of its sole holding: Mastercard. But the...
Mastercard will launch an immersive shopping experience in Fort Langley, British Columbia, Canada, that aims to support small businesses. The shopping experience will include a storybook created by Mastercard as well as local stores’ storefront displays and in-store art installations that are tied to the...
The Bank of New York Mellon (BNY) will serve as the financial agent for the Direct Express program, which provides 3.4 million Americans with a prepaid debit card to receive monthly federal benefits. The U.S. Department of the Treasury’s Bureau of the Fiscal Service said...
CFOs’ and treasurers’ offices are among the most difficult stops on the digital roadmap in finance and yet are part of the corporate C-suite that oversees the most critical function: day-to-day cash flow management. For forward-thinking corporates — and the financial institutions serving them —...
Mastercard is giving cardholders a new way to enjoy live music beginning early next year. The company is expanding its live music experiences for cardholders to several concert venues across the United States, according to a Thursday (Nov. 14) press release. Through priceless.com, eligible card...
Mastercard plans to phase out the need to enter card numbers, static passwords and one-time codes when making online purchases by 2030. The company aims to make the change globally, replacing this process with a new one enabled by a combination of tokenization and biometric...
Mastercard and Tap Payments have partnered to introduce a Click to Pay with Payment Passkey service for eCommerce transactions. The companies plan to launch the service in the United Arab Emirates (UAE) and then expand it to other markets across Eastern Europe, the Middle East and Africa, they...
Six months after launching its Visa Flexible Credential (VFC) in Japan with Olive, Visa’s taking the all-in-one payment credential into two new use cases, both announced Tuesday (Nov. 12). According to the payments network, the VFC is being rolled out in the U.S. with the...
The next generation of small businesses just might be the current generation of micro-businesses. They’re the creators. The 200 million plus community that populates sites like OnlyFans, Patreon, YouTube and Amplify with talent and skills from musicianship to fashion advice to stand-up comedy. And like...