Mastercard said Tuesday (June 11) that it aims to make the experience of using a card online more like that of using one in store. The company is working to phase out manual card entry for eCommerce by 2030 in Europe, replacing it with a...
Mastercard will add new open banking-powered solutions that make it easier for consumers to automatically switch their direct deposits and update their recurring bill payments. These capabilities will result from the integration of Deposit Switch and Bill Pay Switch with Mastercard’s Open Banking platform and...
Mastercard has welcomed six startups to its Start Path program focused on improving payment acceptance. “The ability to accept electronic payments has been critical to shaping the future of commerce and spurring the secular shift to digital — unlocking new use cases and enhancing expectations...
Mastercard is introducing a card issuance function for its FinTech Express platform. The payments giant made that announcement Thursday (April 25) as part of a broader rollout of enhancements to FinTech Express and its Engage program. The idea, the company said in a news release, is...
Mastercard is bringing an artificial intelligence (AI)-driven, partnership approach to detecting and preventing identity and payments scams before they can result in victimizing consumers. The company announced on Wednesday (April 24) a new product suite and several cross-industry partners to combat the use of AI to...
Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in the form of a mobile virtual card app engineered to provide financial institutions with options...
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 Flows; and Services, the company said in a Tuesday (April 9) press release. “These changes will...
Mastercard has added new cardholder benefits that include offers from health and wellness, travel and lifestyle brands. The new offerings include benefits for consumer cardholders and small business cardholders, the company said in a Thursday (April 4) press release. “From savvy shoppers to ambitious entrepreneurs, Mastercard provides...
Financial services company College Ave has launched a secured credit card for college students. The new Ambition Mastercard is designed to help students 18 years and older build and establish a positive credit history, College Ave said in a Tuesday (Jan. 30) press release emailed to PYMNTS. The...
