Mastercard and Rabobank are partnering to offer a digital platform to 1 million farmers in emerging markets, Mastercard said in a press release on Wednesday (Sept. 25). The product will make it easier for farmers to sell produce and builds on the Mastercard Farmer Network....
Mastercard announced it has joined the Marco Polo Network. The network — and its more than 25 member banks — aims to unlock a potential $1.5 trillion opportunity in global trade finance. Mastercard Track, a B2B global trade enablement platform, will be working with the...
In the quest to streamline B2B processes, and to move beyond the way things have always been done – especially when it comes to managing payments and cash flow — ePayables are gaining traction with financial professionals. As noted in a recent Optimization and ePayables...
While traditional temporary and contract workers are not exactly new in the economy, the modern gig economy enabled by mobile technology is something of an economic force all its own. What emerged a little over a decade ago as a response to a financial downturn,...
Mastercard is making its largest acquisition to date with its $3.2 billion bid to buy the Denmark-based payments platform, Nets, furthering its European presence and moving well beyond credit and debit transactions. Paul Stoddart, Mastercard’s president of New Payment Platforms, tells Karen Webster that the...
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,...
