PYMNTS

SEPTEMBER 17, 2020

Mastercard said it will invest $500 million in Black communities across the U.S. over the next five years in a bid to address racial disparities in financial services. We have an obligation … to be part of the positive change Black communities so rightly need now," said Ajay Banga , Mastercard CEO. "We Louis and Dayton, Ohio.

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MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). Mastercard says it is striving to create a digital financial system and is working closely with stakeholders to deliver inclusion through web connectivity.

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PYMNTS

OCTOBER 22, 2019

In today’s payments news, British FinTech startup Revolut is teaming with Mastercard to help it expand into the U.S. Study: FIs Must Be Stronger to Prepare for Economic Slumps. McKinsey’s annual review of global banks indicates that many of them couldn’t handle an economic slump. Revolut Taps Mastercard for US Rollout .

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PYMNTS

OCTOBER 18, 2020

Jonathan Dharmapalan , CEO of eCurrency; Rory MacFarquhar , senior VP at Mastercard; and Rene Reinsberg , CEO of Celo will also participate in the panel, according to CoinDesk. Scott Onder , senior managing director for Mercy Corps Ventures, said the initiative would help to fix a broken system. ET on Monday.

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PYMNTS

APRIL 14, 2017

For Mastercard, “we apply value-added services in milliseconds,” with innovation brought at the application level. In an age where Mastercard bought Vocalink, regulators and other stakeholders, he said, are the ones mandating to “convert cash into electronics.” This means modernizing the financial system.

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MARCH 7, 2017

The Fund will support innovators using new technologies to help create a financial system that works for everyone. The round of fundraising was oversubscribed with investors, including IFC, MasterCard, JPMorgan Chase and AXA, as well as other unnamed investors. While the unbanked are numerous in Africa and elsewhere in the U.S.,

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PYMNTS

MARCH 14, 2016

Well, it is “an innovative new payment platform created to transform the payments industry by drastically altering the economics through Internet-based technology, generating significant consumer benefits.” The new economics of multisided platforms provides tremendous insights into the fizzles waiting to happen. What is it you ask?

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