When most payments people are talking or thinking about the intersection of things and payments, Mastercard‘s VP of commerce for every device, Matt Miller, noted that their mindset is typically about turning devices that consumers use today – watches, fitness trackers and even appliances – into devices capable...
Mastercard announced on Monday (May 21) the creation of Accelerate, a new initiative to drive growth in the FinTech industry. In a press release, Mastercard said the initiative is aimed at supporting innovation in the FinTech industry via tailored support arrangements that include access to Mastercard insight,...
Mastercard has launched a new service that will automatically integrate fuel and maintenance data from a connected fleet car’s dashboard into the payment process. The solution will eliminate the need for company car drivers to manually enter in their driver ID and odometer reading every...
Mastercard and Santander announced a partnership that will issue debit cards to all the bank’s retail account customers on Mastercard’s network. According to Finextra, customers will start receiving cards at the beginning of next year as part of a four-year reissuing program and an eight-year...
Credit and debit spend higher? For Mastercard the answer was a resounding yes, as the global consumer remains quick to buy with plastic, and online too. Cross-border volumes are healthy, to the tune of a positive 21 percent gain. CEO Ajay Banga delved into the...
As biometrics have begun to represent the next generation in securing payments, Mastercard has unveiled a technological advancement for its own biometric cards. Cardholders can now register their fingerprints onto a biometric card at home through the new technology, the company said in an announcement. “Making life...
Mastercard announced that Caroline Louveaux is the company’s new chief privacy officer, overseeing a global team responsible for the company’s privacy strategy. “Just as our cardholders trust that the transaction will go through whenever they tap or dip their card, they trust that their information...
Mastercard and IFC, a member of the World Bank Group, announced Thursday (April 26) that they have updated a $250 million global risk-sharing facility in an effort to expand access to electronic payments in emerging markets. In a press release, Mastercard said that updating the...
Mastercard has filed a patent that reveals it might utilize blockchain as a way to protect identity data. The application, which was originally filed in September 2017 and was released by the U.S. Patent and Trademark Office last week, describes how a semi-private or private...
