Mastercard’s acquisition of Transfast is a done deal. What’s next? Stephen Grainger, executive vice president of Mastercard, tells Karen Webster that the deal addresses pain points in cross border transactions for SMBs and consumers — and leverages Transfast’s moorings in the traditional remittance model to new...
To offer customers greater choice and convenience in time for the summer holiday season, Hertz, Dollar and Thrifty are welcoming debit cards at selected European locations. The new payment option provides customers with a Debit Mastercard or other recognized debit cards access to standard car...
Two global leaders have joined forces to help increase financial efficiencies across automotive industry supply chains. A partnership was forged between OpenText and Mastercard in an effort to bridge the disconnect between companies and global suppliers, Mastercard announced Thursday (July 11) in a press release....
Mastercard said Tuesday (July 9) that it has closed on its previously announced acquisition of Transfast, a deal the payments giant said will strengthen its global presence, especially in cross-border payments. In a press release, Mastercard said the deal, which had been announced in March,...
Mastercard will test its Mastercard City Key, a card that combines ID, city services access and payment functionality all in one, according to the press release. The new card will be previewed at the U.S. Conference of Mayors’ 87th Annual Meeting in Honolulu, set for...
The news about Libra has been out for about a week. The think pieces have come in waves, as have the reactions from analysts, cryptocurrency enthusiasts and regulators — and the world waits to see exactly what Facebook and its cadre of payments and commerce...
To address a major pain point for the LGBTQIA+ community, Mastercard is introducing the True Name card. The product will allow for chosen names to appear on the front of the card, according to news from Mastercard. In an announcement, the company said, “For many...
In early May, Mastercard, in partnership with SEDESSON, the Mexico state agency for social benefits, and Edenred Bank, announced a first-of-its-kind test in Mexico’s Sonora state – the first regional test of biometric card technology in national history. It was a launch supported by background...
Mastercard unveils its Digital Wellness suite, which seeks to level the playing field for small and independent merchants when it comes to checking out online — in a streamlined process that leverages machine learning and SRC to make it easier for consumers to click to...
