A month after U.S. President Obama announced that the U.S. would ease up on restrictions on Cuba trade and travel, MasterCard announced today that it is removing the current block on U.S.-issued card transactions in Cuba, starting on March 1 of this year. The action...
This year, the World Economic Forum’s Annual Meeting, which begins today, hones in on political, economic, social and technological transformations and how they’ve impacted decision-making and progress across the world. To discuss how these advancements in technology are offering potential for economic growth and productivity,...
Effective on January 15, MasterCard has appointed Michael Fiore as group executive of Global Prepaid Solutions, according to a company release. Fiore will lead the ongoing development and execution of the company’s global prepaid strategies in his new role.
Consumers are constantly looking for ways to simplify their lives; this includes everything from online banking to public transit. MasterCard now has their hand in each of these scenarios. The company announced today that it’s joining forces with Masabi, provider of mobile ticketing for transit,...
This year, MasterCard took several big steps toward a future where “every device is a commerce device.” From boosting digital payments security with advancements in tokenization, to playing a significant role in the launch of Apple Pay and contactless payments around the world, to further...
Hint. It isn’t something you can put under the tree. Super Saturday, which was just a few days ago, might have delivered retail sales, but what’s really driving revenue for retailers this holiday season is experiences. Sarah Quinlan, SVP and Group Head of Market Insights...
There are over 1.3 million software engineers in the world, including coders, but who are the Top 10 and where they can be found? MasterCard has designed a series of hackathons that will travel the world in search of the very best developers, designers and...
Customer experience. Security. Ubiquity. These, says Matt Barr, Group Head, US Emerging Payments at MasterCard, make up the “holy trinity” of payments. In a recent interview with MPD CEO Karen Webster, Barr and Shannon Johnson, SVP Head of Checking & Payments, SunTrust offered a...
The U.S. Payments Security Task Force (PST) was established earlier this year and dared to go where no task force has ever gone before: it has created a roadmap for protecting cardholder data at the merchant point of sale. It was a pretty daunting assignment....
