Mastercard

Mastercard: Mobile Payments Now a Quarter of All UK Shopping

December 11, 2018 By: Steven Anderson We’ve known for some time now that the United Kingdom (UK) is absolutely enamored with mobile shopping and mobile payments as well.

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Mastercard, Microsoft Team on Digital Identity

Mastercard and Microsoft announced Monday (December 3) a strategic collaboration to improve how people manage and use their digital identity. In a press release, Mastercard and Microsoft said that currently verifying an identity online is dependent on physical or digital proof which is managed by a central party.

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Quicken, US Bank Launch Co-branded Mastercard With Mobile Payment, PFM Features

Quicken Inc. has launched a co-branded MasterCard with U.S. Bank, featuring contactless payment and which integrates directly with the company’s personal finance software and mobile app, according to a company release.

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Visa, Mastercard Offer Tourist Card Fee Cut in EU Antitrust Probe

Visa and Mastercard have offered to trim the fees merchants pay on card payments by tourists in the European Union in an attempt to stave off possible fines after a long-running antitrust investigation, people familiar with the matter said.

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Mastercard President on How and When Payments Caught Fire

His thinking began to change as eCommerce began to gain ground. David Yates was working at First Data, running its international business, and online retail, as he recalled in a new PYMNTS interview, was really starting to lift off.

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Visa, AmEx, Mastercard Face Antitrust Charges in Brazil

Visa, American Express and Mastercard are among the payment companies that are the subject of an inquiry by Brazilian regulators. According to a report in Bloomberg citing the Brazilian Administrative Council for Economic Defense or CADE, the Brazilian regulators are looking to see if the credit card companies ran afoul of payment network rules.

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Mastercard Opens Global Tech Hub in Sydney

The Sydney suburb of St Leonards is the new home to the Australian Mastercard Global Tech Hub, which was formally opened today by NSW Treasurer Dominic Perrottet. Mastercard said that the hub will host some 550 of its employees, as well as serve as a centre of collaboration with the company’s partners.

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Mastercard Debuts ‘Tap and Ride’ Commute

Mastercard is working to simplify the daily commute through its “Tap and Ride” program, available in more than 150 cities. A new global study shows that metro systems around the world are carrying close to 170 million passengers each day, and with that number only expected to grow, improving the speed and reliability of transit services […]

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More Than a Token Gesture: Visa, AmEx, Mastercard Ramp Up Payments Security

The push towards tokenization removes the need for online retailers to store customer card details. Credit card firms in Australia are shifting towards a tokenization model, with both Visa and American Express making announcements in the last few days.

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Ride-hailing App Grab Launches Prepaid Mastercard

Southeast Asian ride-hailing app Grab is pushing further into payments through the launch of a prepaid Mastercard card. Grab will issue both virtual and physical prepaid cards directly from its app.

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Mastercard Wins Patent for Fractional Crypto Banking

Mastercard has won a patent for fractional cryptocurrency banking, which suggests the global payments multi-national has plans for a management system of fractional reserves of blockchain currency.

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Mastercard: Plastic Credit Cards to Go Green

The world has a plastic problems – a fact illustrated earlier this week when researchers from the Environment Agency Austria and the Medical University of Vienna jointly presented evidence that there is so much plastic in the environment that we’ve actually begun to inadvertently eat it.

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