(source: en.wikipedia.org)
Mastercard has introduced a service aimed at improving approval rates for merchants. The Payment Optimization Platform (POP) uses data to make “intelligent decisions about transactions,” the company said in a Monday (Oct. 13) announcement. According to Mastercard, early tests show a 9% to 15% uptick...
Mastercard has unveiled a new digital media network designed to deliver personalized advertising across its owned channels and other channels. The new Mastercard Commerce Media will use insights from permissioned data to deliver personalized offers and content to consumers, and it will use proprietary card-linking...
Mastercard launched a Global Reach Partner Program, which is designed to help its customers enter new markets. “As the world becomes more globally connected, customers across Mastercard’s ecosystem, including banks, FinTechs, crypto players, merchants, marketplaces and digital platforms, aspire to deliver their services across multiple...
Mastercard and payment gateway provider HyperPay have partnered to issue commercial cards in Saudi Arabia, the United Arab Emirates and Qatar. The commercial cards will be launched in Saudi Arabia and later expanded to the UAE and Qatar, the companies said in a Wednesday (Sept....
Mastercard has introduced new tools to help developers and businesses get ready for artificial intelligence-powered payments and agentic transactions ahead of the global launch of the Mastercard Agent Pay program. “We’re building the infrastructure for a new generation of intelligent transactions, where consumers and developers...
Mastercard has launched a service designed to protect account-to-account (A2A) payments against fraud. Mastercard A2A Protect, announced Monday and launching first in the U.K., is designed to offer fraud prevention technology and a “new clear” dispute resolution framework. “With Fast A2A comes fast fraud, and...
Mastercard has introduced a new suite of benefits aimed at experience-seeking consumers. The Mastercard Collection, announced Wednesday (July 16), is available across the company’s World, World Elite and newly created World Legend Mastercard cards, offering rewards on things like dining, entertainment and travel. “Time well-spent...
The Bank of England has fined Mastercard-owned Vocalink $16.2 million for inadequate risk management. The penalty, announced Wednesday (July 9), relates to the failure of the company — which provides real-time payments in the U.K. — to comply with governance weaknesses identified by the central...
Mastercard has expanded its startup engagement program with a focus on cybersecurity. The company’s Start Path initiative now includes a “Security Solutions” program dedicated to supporting startups in the fields of cybersecurity, fraud mitigation, digital identity and payment resiliency, Mastercard said in a Tuesday (July...