PYMNTS

NOVEMBER 17, 2020

That’s why Mastercard has taken steps to eliminate the pain point of managing payment preferences altogether through its Mastercard Track Business Payment Service (BPS), a multi- rail ecosystem that sits between buyer and supplier to optimize the movement of both funds and data in a B2B payments flow. "We said Anderson.

B2B 128

B2B Accounts Payable Accounting Technology 128

PYMNTS

JANUARY 18, 2021

Infineon Technologies , which works as a semiconductor manufacturer, is doing away with employee identification cards at its Germany headquarters and instead implementing a new smart card solution that combines office building access and Mastercard contactless payments capabilities, according to a FinTech Intel report.

Manufacturing 108

Manufacturing Compliance Communication Technology 108

PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. A Mastercard survey revealed 76 percent of small businesses in North America said the pandemic prompted them to become more digital.

Benchmarking 104

Benchmarking Retail Securities Sales 104

PYMNTS

JUNE 29, 2020

Mastercard and Norwegian financial technology (FinTech) company EedenBull have agreed to expand their partnership to the Asia Pacific region, the firms announced Monday (June 29). Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services.

B2B 99

B2B Banking Technology Marketing 99

PYMNTS

OCTOBER 23, 2020

Mastercard is marking National Women’s Small Business Month by furthering its support of the female-founded impact investment platform CNote with an infusion of $20 million, the company announced Friday (Oct. A partnership model also invites cross-pollination between FinTechs and the Mastercard matrix. .

Investments 108

Investments Economics Banking 108

PYMNTS

NOVEMBER 19, 2020

Citi and Mastercard are teaming up as network partners for the digital checking and savings account Citi Plex on Google Pay, available for both Android and iOS. . Chokshi added that teaming with Mastercard offers Citi new capabilities like tokenization “that is fully digital, and different.”.

Accounting 113

Accounting Finance Banking 113

PYMNTS

JULY 21, 2020

Mastercard on Monday (July 20) announced the expansion of its cryptocurrency partner program to streamline the process for crypto-wallet providers to issue secure, compliant payment cards to their customers. Launched via Mastercard’s Accelerate program, cryptocurrency platform Wirex will be Mastercard’s first partner.

Sales 127

Sales Currencies B2B Communication 127

PYMNTS

AUGUST 5, 2020

Mastercard is rolling out a new “business intelligence” platform that will provide research and analysis on the payments sector in Europe. Mastercard on Wednesday (Aug. The platform is currently available to card issuers in Europe, with plans to roll out beyond the continent soon, according to Mastercard.

Banking 99

Banking Leadership Economics Technology 99

PYMNTS

AUGUST 14, 2020

To provide banks serving small- to medium-sized businesses ( SMBs ) throughout the globe with the newest technology and insights, Mastercard and Pollinate have agreed to a strategic partnership. The collaboration comes after Mastercard’s investment in the company last year, according to a Friday (Aug. 14) announcement.

Banking 109

Banking Startups Technology Sales 109

CFO News

SEPTEMBER 14, 2023

Former State Bank of India chief Rajnish Kumar has been named Mastercard India's non-executive chairman. Kumar will help Mastercard's South Asia executive leadership team which is led by Gautam Aggarwal, Division President for South Asia & Country Corporate Officer, India, in navigating the vibrant domestic payments landscape

Leadership 52

Leadership Banking 52

Future CFO

NOVEMBER 8, 2021

Mastercard announced recently that it has teamed up with cryptocurrency service providers Amber Group, Bitkub in Thailand, and CoinJar in Australia to launch crypto-funded payment cards in Asia Pacific. . Currency will always enter Mastercard’s network as traditional fiat currency, the firm added.

Currencies 83

Currencies 83

PYMNTS

DECEMBER 11, 2020

Mastercard and Visa won't be processing payments for Pornhub anymore, Reuters reported, with the two payments giants citing reports of the numerous videos posted on the site of sexual assault of minors. Pornhub denied many of the allegations and said the news of Mastercard and Visa ending payments for the site was “crushing” for users.

Accounting 108

Accounting Banking 108

PYMNTS

JULY 22, 2020

Mastercard Inc. Our goal is simple: we want to help banks offer more eco-friendly cards to consumers, and we are taking concrete steps to bring about that change,” said Ajay Bhalla, president of Cyber & Intelligence at Mastercard, in a statement.

Nonprofit 84

Nonprofit Manufacturing Banking Numbers 84

PYMNTS

DECEMBER 11, 2020

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. The case stems from an European Commission (EC) ruling in 2007 that said Mastercard interchange fees were in breach of competition law. .

Retail 86

Retail Numbers 86

PYMNTS

JULY 20, 2020

small and medium-sized business (SMB)-focused bank Tide said it has a new relationship with Mastercard that makes Tide one of the card company’s principal issuers, Finextra reported Monday (July 20). Under the multi-year arrangement, Tide will settle funds directly with Mastercard.

Banking 91

Banking Invoicing Marketing B2B 91

PYMNTS

JUNE 26, 2020

Mastercard and Visa are considering ending their agreements with Wirecard to process payments on their networks as the German financial technology company’s accounting scandal unravels, Bloomberg reported. Mastercard told the news service it is tracking news coverage of Wirecard.

Accounting 101

Accounting Risk Management Startups Banking 101

PYMNTS

JUNE 24, 2020

And Tuesday (June 23), Mastercard said it struck a deal to buy Finicity , which provides access to financial data in real time, for $825 million. The move is designed to strengthen Mastercard’s push into open banking in the U.S., Although Mastercard is building out its open banking presence in Europe and is establishing its U.S.

Financial Data 105

Financial Data Leverage Banking Securities 105

PYMNTS

DECEMBER 8, 2020

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. businesses where Debit Mastercard is accepted, such as dining, retail, entertainment and travel brands.

Healthcare 93

Healthcare Entertainment Transportation B2B 93

PYMNTS

APRIL 30, 2020

As nations put limitations into place to support social distancing in February and March, Mastercard reported that a significant share of consumers tapped into contactless payments for purchases. According to an announcement , the firm’s consumer polling illustrates “accelerated and sustained contactless adoption.”.

Finance 110

Finance Sales 110

PYMNTS

OCTOBER 16, 2020

Mastercard has teamed with portable-benefits platform Stride to make it easier for gig workers to buy healthcare coverage. Jess Turner, Mastercard’s executive vice president for North America Products and Innovation, tells PYMNTS the venture is just one part of the firm’s push to help gig workers get benefits. The tie-up will give U.S.

Healthcare 116

Healthcare Leverage Economics Finance 116

PYMNTS

AUGUST 20, 2020

Though the great consumer shift to digital is often seen as a side effect of the COVID-19 pandemic, that’s not entirely accurate, Mike Cowen , Mastercard ’s head of digital payments for the U.K., One of the most recent developments was this week’s announcement of the Samsung Pay Card powered by Curved and Mastercard technology.

Sales 95

Sales Accounting Technology Retail 95

PYMNTS

DECEMBER 14, 2020

That theme has been called the digital shift or the digital-first economy, or as a new report from Mastercard puts it, the global “e-conomy.”. As seen in the Mastercard Economic Institute’s Economy 2021 report, both governments and businesses have faced a tough and transformative year. and Singapore.

Economics 106

Economics Retail eCommerce Banking 106

PYMNTS

SEPTEMBER 29, 2020

A new Mastercard initiative aims to improve online transaction clarity so that customers can know exactly who they purchased from, according to a press release Tuesday (Sept. This can lead to consumers contacting their banks, which could incur costs and waste time with unnecessary chargebacks.

Securities 97

Securities Banking Technology eCommerce 97

PYMNTS

JULY 8, 2020

Mastercard is harnessing artificial intelligence (AI) in a bid to hit fraudsters hard by searching for emerging patterns of criminal activity before they become major problems, two top executives told Karen Webster during Mastercard’s Virtual Cyber & Risk Summit. “In AI Also Helps Manage Credit Risk.

Credit Risk 109

Credit Risk Risk Management Economics Securities 109

PYMNTS

DECEMBER 16, 2020

EnKash , a digital platform and payment solution provider, has entered into an alliance with Mastercard to expand the usage and acceptance of commercial cards in India and provide a B2B digital payment automation platform, according to a press release. Suppliers will have improved cash flows.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

PYMNTS

AUGUST 5, 2020

ANNA Money and Mastercard have broadened their partnership to help ANNA’s customers through “value-added services,” according to a Tuesday (Aug. ANNA, which was started in 2018, has worked with Mastercard since its launch. 4) announcement. and Ireland, said in the announcement.

B2B 81

B2B Invoicing Currencies Startups 81

Strategic Treasurer

MAY 15, 2023

In this podcast, Anthony DeBellis, VP of Product Management at Mastercard, and Mark Penserini, VP of Partner Management at Corpay talk with Craig Jeffery and share their thoughts on payment security, access to cash, and virtual cards. Listen in to learn more. Read the report today with the button below!

Prioritization 52

Prioritization Treasury Communication Securities 52

PYMNTS

AUGUST 6, 2019

In its biggest acquisition to date, Mastercard will buy Nets for 2.85 With the purchase of the Denmark-based payments platform, Mastercard is picking up an electronic billing platform that offers clearing and instant payment services, according to a statement on Tuesday (Aug. billion euros ($3.19

Sales 87

Sales Investments Marketing Planning 87

PYMNTS

OCTOBER 15, 2020

Mastercard is working with portable benefits program Stride in order to help companies offer U.S. In 2021, Mastercard cardholders will be able to use their cards to pay for these benefits on Stride's platform, the release stated. workers access affordable healthcare plans, according to a press release emailed to PYMNTS.

Healthcare 94

Healthcare Education Finance Planning 94

PYMNTS

JANUARY 23, 2020

Mastercard and digital personal finance company SoFi have teamed up on a suite of products and experiences to benefit SoFi’s nearly one million customers, the companies announced in a release. The partnership starts with the SoFi Money debit card, an offering that will exist exclusively on the Mastercard network.

Cash Management 91

Cash Management Accounting Finance Securities 91

PYMNTS

AUGUST 18, 2019

Mastercard , already an ally of Facebook’s Libra , announced it’s in the midst of planning its own cryptocurrency team, the New York Post reported on Saturday (Aug. The move is in line with Mastercard’s goal of being known as a technology company “more than a card company,” Ted Rossman, an analyst with CreditCards.com, told the NYP.

Technology 85

Technology Investments Numbers Planning 85

PYMNTS

JULY 8, 2020

Amid an accelerated migration of a number of customers to in-house card issuance because of Wirecard’s difficulties, Soldo has become a principal member of Mastercard with the extension of its partnership with the firm. The team at Mastercard was fantastic to work with during the rapid card-issuing migration process.”.

Finance 80

Finance Numbers B2B 80

PYMNTS

FEBRUARY 19, 2020

PYMNTS’ recent Making Real-Time Payments a Reality: Rising Demand for Real-Time Payments report, a collaboration with Mastercard, found that two-thirds of corporate survey respondents said they are either “very” or “extremely” aware of real-time payments – and even more are interested in using the functionality.

Accounts Payable 114

Accounts Payable Invoicing Reconciliations B2B 114

PYMNTS

JANUARY 12, 2021

To that end, Mastercard said Monday (Jan. Nili Klenoff , senior vice president, acceptance solutions at Mastercard, told PYMNTS that the pilot is based on three dynamics in the consumer marketplace. It’s an investment that Mastercard has been making in the ecosystem for over a decade. then it makes sense to move to the cloud.

Securities 99

Securities Retail Technology Leverage 99

PYMNTS

SEPTEMBER 29, 2020

Mastercard and ACI Worldwide are teaming up to “provide a wide range of real-time payment solutions globally.” Mastercard and ACI share an extensive and complementary track record of real-time payments success,” said Craig Saks , ACI’s chief strategy and transformation officer. Payments giant Mastercard, based in Purchase, N.Y.,

Accounting 99

Accounting Technology Banking Marketing 99

PYMNTS

SEPTEMBER 2, 2020

As consumers seek payment options and merchants try to meet the demand, Mastercard announced Wednesday (Sept. The deal allows Mastercard customers to split transactions into installments before, during or after checkout. 2) that it has partnered with TSYS , a global payments FinTech that allows shoppers to buy now, pay later (BNPL).

Economics 88

Economics Sales Planning Finance 88

PYMNTS

JUNE 17, 2020

Amazon customers in 12 countries across North America, Latin America, the Middle East and Europe will have their stored credit card credentials tokenized, Mastercard announced Wednesday (June 17). Mastercard’s work with Amazon and others is a testament to the strength of our well-established digital product suite.

eCommerce 85

eCommerce Numbers Retail Technology 85