(source: en.wikipedia.org)
The middle market continues to draw the attention of payments and banking companies, with Mastercard announcing a package of digital and financial management tools aimed at that segment on Tuesday (Feb. 18). Called the Mastercard Mid-Market Accelerator, the suite of solutions is aimed at companies...
Mastercard is bringing its TRACE financial crime-fighting and anti-money-laundering tool to the Asia-Pacific region. TRACE uses “timely and large-scale payments data from multiple financial institutions” to provide intelligence beyond a “financial institution’s siloed view,” allowing financial crime tracing across payment networks, according to a Thursday...
For online merchants — no matter in which country they operate, no matter what they are selling — there are two sides to what might be called the eCommerce coin. There’s the user experience on one side, which leads to conversion. Then there’s the other...
Credit cards have long been a catnip for criminals. The lure is undeniable. “Your account number is valuable — it has personal information that if someone gets a hold of, that’s how fraudsters compromise accounts and steal your money,” Pablo Fourez, chief digital officer at...
Mastercard and a consumer advocate reportedly reached an agreement in principle to settle a long-running British lawsuit regarding card fees. The company and Walter Merricks announced their agreement to settle the case during a Tuesday (Dec. 3) hearing before the U.K.’s Competition Appeal Tribunal (CAT), Reuters reported Tuesday....
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...
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...