April 15, 2024
Supreme Court Denies Visa and Mastercard’s Bid to Review ATM...
The US Supreme Court has rejected a request by Visa and Mastercard to review class certification in a case revolving around allegations of ATM fee fixing. The case, which accuses...
April 15, 2024
Tighter Antitrust Enforcement Could Spell Trouble for Warren Buffett’s Berkshire...
The Biden administration’s recent antitrust lawsuits against leading companies such as Visa, Mastercard, Amazon, and Apple could potentially affect their shareholders, including Warren Buffett’s Berkshire Hathaway, according to an expert’s...
April 12, 2024
Tencent Simplifies Process of Linking International Cards With Weixin Pay
Tencent has made it easier for visitors to mainland China to register for a WeChat account and to link international cards to Weixin Pay. In addition, Weixin Pay is exploring interoperability with...
April 11, 2024
Verituity Taps Mastercard to Enable Near-Real-Time Payments for Banks
Verituity has teamed up with Mastercard to enable near-real-time payments for commercial banks and payers. This collaboration sees Verituity’s white-labeled payments platform integrating Mastercard’s portfolio of domestic and international money transfer solutions, Mastercard...
April 11, 2024
Making Sense of How Firms Are Leveraging Real-Time Data
An uncertain operating environment calls for controlling what is controllable. And with Mastercard’s reshuffling of its executive team on Tuesday (April 9) to add a data team, real-time visibility into operations —...
April 10, 2024
‘Handful’ of AI Firms Weighing Stock Market Listings
A New York Stock Exchange executive says multiple artificial intelligence (AI) startups are exploring going public. “I’d say that the majority of the companies that are truly pure-play, AI-focused are...
April 10, 2024
Mastercard Reorg Shows Urgent Industry Focus on AI
The jury is still out as to how artificial intelligence (AI) will affect jobs in the financial services industry. But if the past six weeks have shown anything, it is...
April 09, 2024
Comdata Debuts Contactless Payments for EV Charging
Commercial payments firm Comdata has launched a contactless feature for its electric vehicle focused Chargepass Mastercard. As the company noted in a Tuesday (April 9) news release, the solution is designed to streamline...
April 09, 2024
Mastercard Realigns Organizational Structure, Adds ‘Data and AI’ Group
Mastercard realigned its organizational structure to support its strategic priorities and position itself for “the next era of growth.” The realignment centers on three teams: Core Payments; Commercial and New Payment...
