Mastercard

Mastercard Launches Real-Time Bill Payments via Banking Apps

Mastercard announced that it is launching Mastercard Bill Pay Exchange – a real-time bill payment and presentment service. This will give issuers the opportunity to recapture ground lost by consumers opting out of online and mobile bill-pay services in favor of visiting biller sites directly to pay their bills.

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Mastercard Awarded Patent for Partitioned, Multi-Currency Blockchain

Mastercard has been awarded a patent for a method to partition a blockchain, making it capable of storing multiple transaction types and formats. The patent filing was published by the U.S. Patent and Trademark Office (USPTO) on Oct. 9.

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Mastercard Labs Looks to Adopt Blockchain Use in Effort to Improve Payments Efficiency

The research and development sector of Mastercard decided to seek out the support that blockchain technology affords. They want to improve efficiency, and this is just the latest effort in a long line of innovations since it originated six years ago.

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Visa, Mastercard Reach $6.2 Billion Settlement Over Swipe Fees

Visa Inc. and Mastercard Inc. agreed to pay as much as 6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case. The two card companies will pay between 5.54 billion and 6.24 billion to settle the claims, according to a filing Tuesday.

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Mastercard Thinks Blockchain Can Simplify B2B Transactions in New Patent

Financial services giant Mastercard has invented a blockchain system that it believes can simplify business-to-business (B2B) transactions in a high-volume enterprise environment.

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Mastercard Unveils Global Trade Platform

Mastercard has launched a global trade platform, powered by Microsoft Azure, that is designed to streamline and automate the procure-to-pay process for companies around the world.Mastercard argues that, while there has been a lot of innovation in consumer payments, the global B2B space is still inefficient and, largely, paper-based.

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Google Claims MasterCard Data Deal Doesn’t Violate Privacy Rights

Google is downplaying concerns about the privacy implications of an analysis tool-powered with data from MasterCard-that lets advertisers know how well their online ads are doing in driving sales in physical stores.

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Google and Mastercard Cut a Secret Ad Deal to Track Retail Sales

For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the U.S. That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for.

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Microsoft Pay Is Now Available With Masterpass

Microsoft Pay now supports Masterpass by Mastercard, so that consumers can use their Microsoft account for fast and secure checkouts at their favorite retailers that accept Masterpass, without the need to reenter their information.

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Mastercard Wins Patent to Speed Up Cryptocurrency Transactions

Mastercard has secured the patent for managing “fractional reserves of blockchain currency.” This could lead to the formulation of faster transaction process for payments through digital currencies possibly through a credit card.

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Wirecard, Mastercard Expand Existing Partnership for Contactless Payments

Wirecard and Mastercard announced plans to expand their existing partnership to promote digital, contactless payments via wearables. The expanded partnership will immediately make Wirecard available in Germany via Garmin Pay. The firms said additional projects are in the works that will make mobile payments available via smartwatch.

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Worldpay and Mastercard Enter New Digital Payments Partnership

Worldpay and Mastercard’s partnership includes the launch of the Pay By Bank app by the start of 2019.Worldpay and Mastercard have entered a strategic partnership, aimed at expanding acceptance options and making digital payments more secure.

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