(source: en.wikipedia.org)
Credit and debit spend higher? For Mastercard the answer was a resounding yes, as the global consumer remains quick to buy with plastic, and online too. Cross-border volumes are healthy, to the tune of a positive 21 percent gain. CEO Ajay Banga delved into the...
As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Cardholders can now register their fingerprints onto a biometric card at home through the new technology, the company said in an announcement. “Making life...
Mastercard announced that Caroline Louveaux is the company’s new chief privacy officer, overseeing a global team responsible for the company’s privacy strategy. “Just as our cardholders trust that the transaction will go through whenever they tap or dip their card, they trust that their information...
Mastercard and IFC, a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. In a press release, Mastercard said that updating the...
Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data. The application, which was originally filed in September 2017 and was released by the U.S. Patent and Trademark Office last week, describes how a semi-private or private...
Tomorrow, April 13, signing a receipt at the end of a Mastercard credit or debit transaction at the physical POS will become a relic of payments history. Mastercard first announced its plan to go sans signature six months ago. It’s a change that’s long overdue for many consumers. Consumers like Karen Webster,...
Mastercard’s Co-President of Asia-Pacific Ari Sarker said the payment company would happily look into facilitating the use of digital currencies that are issued by central banks around the world. In an interview with The Financial Times, Sarker said Mastercard would be willing to facilitate if the coin...
As chief innovation officer Garry Lyons prepares to leave Mastercard, the company has announced that its physical and digital payments teams will be integrating into one organization. The structure change becomes effective on April 2, 2018. Lyons, who will depart the company on June 1...
Mastercard and MegaFon have introduced two joint initiatives that will allow subscribers to link their mobile phone accounts to Apple Pay or Samsung Pay through the creation of a virtual Mastercard card. The partnership, which was announced at Mobile World Congress 2018 in Barcelona, will...