On The Web

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Companies

Mastercard Canada’s Cyber Centre of Excellence Adds Collaboration Facility

May 25 2022

• in
• Mastercard

“Mastercard has added an IT solutions testing and collaboration facility to its Vancouver, B.C.,-based Global Intelligence and Cyber Centre of Excellence. The Experience Centre will allow Canadian and international developers to work on security innovation in digital payments, Mastercard said in a statement today.”

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Companies

OPay and Mastercard Announce Strategic Partnership to Grow Cashless Ecosystem and Advance Digital Financial Inclusion for Millions

May 19 2022

• in
• Mastercard

“Fintech giant OPay and Mastercard today announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across  Middle East and Africa. The collaboration enables OPay consumers and merchants in the region – including Algeria, Morocco, Egypt, Nigeria, Ethiopia, Kenya, Pakistan, South Africa and the UAE – to engage with brands and businesses anywhere […]

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Companies

Paxos Thinks the Financial World Will Be Dominated By Digital Assets. Here’s How

May 19 2022

• in
• Mastercard
• Paxos

Paxos, a regulated blockchain infrastructure platform based in Manhattan, has quickly become an integral part of bringing digital assets to the mainstream, using its know-how in both payments infrastructure and government regulations to help a growing list of companies add digital assets to their repertoires. If you’ve ever used a digital asset service, like Venmo’s crypto trading, […]

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Companies

Mastercard Launches Tech That Lets You Pay With Your Face or Hand in Stores

May 17 2022

• in
• Mastercard

“Mastercard is piloting new technology that lets shoppers make payments with just their face or hand at the checkout point. The company on Tuesday launched a program for retailers to offer biometric payment methods, like facial recognition and fingerprint scanning. At checkout, users will be able to authenticate their payment by showing their face or […]

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Companies

Request to Pay: How Telecom Providers Can Better Protect Against Fraud

May 3 2022

• in
• Mastercard

“In the first half of last year, more than £750 million was stolen in UK fraud cases, a 30% increase over the same period in 2020. Last summer alone, 45 million people in the UK were targeted by scam phone calls and text messages, according to telecoms regulator Ofcom…Indeed, when asked about the biggest changes […]

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Companies

Mastercard Using AI, Open Banking to Manage Faster Payments Risk

April 13 2022

• in
• Mastercard

“Up to one out of every 50 ACH transfers fail, an issue that Mastercard contends can be addressed through a mix of new data-sharing techniques and machine learning…One new Mastercard product, called Payment Success Indicator, relies on bank account information provided by the consumer on an opt-in basis. The product was developed through open banking, […]

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Companies

Mastercard Opens European Tech Hub in Dublin

April 11 2022

• in
• Mastercard

“Financial services giant Mastercard has opened its European Technology Hub in Dublin as it sets its sights on doubling its workforce in the Irish capital.   Staff based at the centre, first announced in 2020 , will be focused on the development of technologies such as payments security, application programming interfaces and emerging technologies.”

On The Wires

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Companies

Mastercard Launches Next-Generation Identity Technology with Microsoft to Help More Consumers Shop Online Safely

April 27 2022

• in
• Mastercard
• Microsoft

“Mastercard on Monday announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft Corp…Mastercard has directly addressed these needs by enhancing its Digital Transaction Insights solution with next-generation authentication and real-time decisioning intelligence capabilities. The solution pairs Mastercard’s network insights with the […]

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Companies

Nelo Enables Buy Now Pay Later For All Ecommerce Stores In Mexico

April 20 2022

• in
• Ecommerce
• Mastercard
• Mexico

“Nelo , a Buy Now Pay Later (BNPL) product in Mexico, announced that it has launched their all-in-one app. Nelo’s customers can now use Nelo at any online merchant, through a partnership with Mastercard. Nelo’s app is the first of its kind in the region, where customers can shop and pay in installments at their favorite […]

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Companies

The Gemini Crypto Rewards Credit Card Is Now Available in the United States

April 15 2022

• in
• Cryptocurrencies
• Mastercard

“Gemini , a cryptocurrency platform to buy, sell, earn, and store crypto, today announced the Gemini Credit Card ™ is now available in all 50 U.S. states. Cardholders can earn up to 3% crypto back on dining+, 2% crypto back on groceries, and 1% crypto back on all other purchases, with rewards automatically deposited into their […]