MasterCard announced yesterday that it will be teaming up with Silicon Valley Bank to offer a virtual, four-month program designed to help commerce-focused startups prosper. Dubbed Commerce.Innovated, the program is highly selective and is based on the level of innovation a startup's solution involves. It...
First Tech Federal Credit Union announced yesterday that it has entered a new agreement with MasterCard as its payment solution provider, according to a company release. MasterCard will offer “convenience, control and security” for First Tech’s more than 380,000 members, enabling the credit union to...
MasterCard’s Masters of Code Hackathon Series officially kicks off today in Sydney, Australia, focusing first on mobile commerce innovation. Following Sydney, the Series will move to other parts of the world, encompassing themes like security, financial inclusion and commerce innovation. In a recent interview, Mario...
Tim Cook may say that 2015 is the “Year of Apple Pay” but 2015 might be the year in which the split between card-present, NFC, in-store, card-not-present, online and in-app, begin to disappear, Matt Barr, SVP of Emerging Payments for the U.S., MasterCard told MPD...
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...
