Search results for "Ajay Banga"

February 02, 2015
MasterCard CEO Touts Security Features of Apple Pay, MasterPass

Higher consumer spending helped MasterCard to a strong fourth quarter earnings Friday (Jan. 30), posting a better-than-anticipated profit increase of 29 percent to $801 million, year over year. Quarterly results also...


January 21, 2015
MasterCard Talks Inclusive Growth At World Economic Forum

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....


January 02, 2015
Apple Pay’s Impact On Payments

Steve Jobs reportedly once told Apple’s Mac development team, “It’s better to be a pirate than join the Navy.” When George Mallory was asked why he wanted to climb Mount...


December 22, 2014
What Payments Will Look Like In 2015

Last week I laid out the 10 things that happened in 2014 that I believe will shape the direction of payments for the next decade. Those 10 things range from...


December 04, 2014
MasterCard Launches New Innovation Lab In East Africa

Across East Africa, millions are trapped in a cash economy, lacking financial services to help them fight risk, invest in their future and ultimately build better lives. There is an...


November 07, 2014
A Recap In the World of Mobile Wallets

Apple Pay has certainly been the rising tide that has lifted all mobile payments boats – and conversations. Hard to believe that it’s been in market for less than a...


November 03, 2014
CurrentC And The Big Merchant Mess

Whoever said there’s no such thing as bad PR obviously wasn’t on the receiving end of the whooping that Rite Aid, CVS and CurrentC took last week over their decision...


October 31, 2014
MasterCard CEO: MasterPass Starts Where Apple Pay Stops

MasterCard CEO Ajay Banga used Thursday’s (Oct. 30) earnings announcement to make a case that the brand’s own MasterPass starts where partner Apple Pay stops, with loyalty and other promotional capabilities....


October 14, 2014
MasterCard Stays The Course On Russia

After initial signs that MasterCard might resist new rules, which required billions of dollars of security deposits, the card brand has now agreed to continue operating in Russia and to...