Mastercard has applied new quantum-resistant technologies in order to develop a new kind of contactless payment, according to a press release emailed to PYMNTS. The new Enhanced Contactless (Ecos) specifications will come along with the demand for more efficient, safer products overall, the release stated....
U.K. shoppers could see higher prices for European Union purchases due to a planned increase in Mastercard fees, the Financial Times reported on Monday (Jan. 25). The fee hike won’t benefit Mastercard, but will go to British banks and other card issuers. If companies pass the...
A U.K. high court class action lawsuit brought by 46 million consumers could cost Mastercard £14 billion now that a court decision has allowed the case to go forward, the Financial Times reported on Friday (Dec. 11). Following a landmark ruling by the Supreme Court,...
Blackhawk Network, a global branded payments provider, has rolled out its Giving Good Prepaid Mastercard with a release that encompasses five choices that benefit charitable organizations, according to a Tuesday (Dec. 8) announcement. The collection of prepaid cards offers reward choices for B2B recipients, such...
Mastercard is investigating the website Pornhub.com after a withering New York Times column alleged it hosts videos of children and adults being sexually assaulted, Reuters reported. Visa later announced it was also investigating Pornhub over the charges, and if they are found to be true, Pornhub “will...
Mastercard, in its just-released Mastercard Economics Institute’s Economy 2021 report titled “The E-Conomy is Here to Stay,” looks at the past year’s economic trends in order to see what’s coming next for businesses, according to a press release emailed to PYMNTS. The Economy 2021 study...
InComm Payments and Mastercard have partnered to launch MastercardGiftCard.com, a site for customers to purchase and send digital and physical Mastercard gift cards. The website gives customers a “safe and secure” method for buying gift cards, especially prevalent amid the busy holiday season, according to...
A move to mindful shopping has American consumers favoring small, local stores and those owned by Black merchants, women and other minorities, according to the Wednesday (Nov. 17) results of a new spending survey by Mastercard. According to a Harris Poll on behalf of Mastercard...
Mastercard has added a new Account-to-Account (A2A) service to its Track Business Payment Service, to help businesses exchange data more efficiently and perform payments across multiple rails, a press release says. With the new addition to Track Business Payment Service, businesses can have greater control...
