On The Web

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Companies

Mastercard Partner With Vodacom to Take Tanzania Cashless

September 13 2018

• in
• Mastercard
• Tanzania

“Mastercard has partnered with market leader Vodacom and BancABC to introduce the first online card in Tanzania – the M-Pesa virtual card.”

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Companies

Google and Mastercard Cut a Secret Ad Deal to Track Retail Sales

August 31 2018

• in
• Advertising
• Google
• Mastercard

“For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the U.S. That insight came thanks in part to a stockpile of Mastercard transactions that Google paid for.”

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Companies

Mastercard’s MoU with Central Bank of Iraq Signals Bright Future for the Country’s Emerging Digital Payments Ecosystem

August 21 2018

• in
• Iraq
• Mastercard

“As part of the MoU, Mastercard and CBI will explore areas of potential collaboration across a broad spectrum of initiatives, including electronic payment strategy and policies, fraud management, financial inclusion, advisory services, and acceptance solutions. A joint working group will be created featuring representatives from both organizations, which will be tasked with assessing each aspect […]

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Companies

Mastercard Patent Filings Tout Blockchain for Immutable Data Records

September 17 2018

• in
• Blockchain
• Mastercard

“In a series of largely similar patent applications published last week by the U.S. Patent and Trademark Office, Mastercard outlines how a distributed ledger can be used to record “point-to-point transactions” as they are processed. This information can then be used by organizations or members of those organizations to create a log of items procured during the course of business.”

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Companies

Visa, Mastercard Reach $6.2 Billion Settlement on Swipe Fees

September 18 2018

• in
• Mastercard
• Visa

“Visa Inc. and Mastercard Inc. agreed to pay as much as $6.2 billion to end a long-running price-fixing case brought by merchants over card fees, the largest-ever class action settlement of an antitrust case. The total is in line with sums the two companies previously set aside to cover the costs of the litigation, including $5.3 billion already […]

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Companies

Southeast Asia’s Grab partners with MasterCard to offer virtual debit cards

October 24 2018

• in
• Mastercard
• Southeast Asia

“The move is the largest digital payment push in Southeast Asia to date. The deal will see its Grab  Pay business offer Grab’s 110 million registered users the option to use a virtual Mastercard to make payments both online and in-person.”

On The Wires

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Companies

Signing Off: Mastercard Moves Beyond Signatures Worldwide

October 18 2018

• in
• Mastercard

“Starting in April 2019, Mastercard issuers globally will no longer be required to include a signature panel on the back of Mastercard products. This change follows the move to allow merchants the option to collect cardholder signatures for in-store purchases. Mastercard led the industry with this announcement in the U.S. and Canada last fall, and now […]

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Companies

Mastercard and KeyBank To Transform Banking Experience With Artificial Intelligence

August 28 2018

• in
• AI
• Alphabet
• Mastercard

“Mastercard and KeyBank today announced that the bank will now use Mastercard Decision Intelligence™, a security solution that uses artificial intelligence (AI) to make more informed authorization decisions. This will enable KeyBank to increase the accuracy of real-time approvals of genuine transactions and enhance the overall cardholder experience. This is the first use of AI […]

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Companies

Mastercard and EasyPay take the friction out of bill payments

October 3 2018

• in
• Mastercard
• South Africa

“South Africans can now buy prepaid utility services or pay their accounts from approximately 600 bill issuers with the new EasyPay Mobile app using Masterpass, the global digital payment service from Mastercard. Announced today at the Mastercard Connecting Tomorrow Forum in Barcelona, this collaboration marks a significant milestone in Mastercard’s strategy to displace cash and […]

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Companies

MTN Uganda and Mastercard diversify Mobile Money services in Uganda

September 25 2018

• in
• Mastercard
• Uganda

“MTN Uganda in partnership with Mastercard and United Bank for Africa (UBA) have announced a new service that will enable quicker, safer and more convenient online payments globally. Through this partnership, MTN MoMo customers will use a virtual card to shop or make payments at the vast network of global outlets accepting Mastercard payments.”