Payments News

On The Wires

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Companies

Mastercard Enters Into Strategic Partnership With Central Bank of Iraq to Advance Digital Payments in the Country | Middle East/Africa Hub

“Mastercard signed a partnership agreement with the Central Bank of Iraq (CBI) to digitize the country’s payment ecosystem in a bid to boost financial inclusion, encourage socio-economic development, mitigate the risks of a shadow economy and accelerate the advancement toward a cashless society. The partnership first aims to build an efficient, reliable, and secure payment […]
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Companies

Mastercard Track™ Business Payment Service Welcomes HSBC UAE As Part of Mission to Help Modernize the Middle East and Africa’s B2B Payment Ecosystem | Middle East/Africa Hub

“Technology leader Mastercard continues to deliver on its promise to modernize business payments worldwide and across the Middle East and Africa region, announcing a new partnership with HSBC that will provide the bank’s commercial customers in the UAE with an enhanced business-to-business payment experience via the Mastercard Track™ Business Payment Service. The latest collaboration will […]
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Companies

Acima Unveils Industry’s First Lease-to-Own Anywhere Virtual Payments Card

“Acima, a $1.3 billion virtual lease-to-own FinTech company owned by Rent-A-Center, today unveiled the lease-to-own (LTO) industry’s first LTO payments card. The new Acima LeasePay™ card, which is powered exclusively by the Mastercard network, will unlock a new level of shopping power for cash and credit constrained customers to lease eligible goods that improve their […]
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Companies

Gap Inc. Signs Credit Card Program Agreements With Barclays and Mastercard

“Gap Inc. (NYSE: GPS), a collection of purpose-led, lifestyle brands including Old Navy, Gap, Banana Republic and Athleta, and the largest specialty apparel company in the U.S., announced today that it has entered into new, long-term credit card program agreements with Barclays and Mastercard. Barclays will become the exclusive issuer of Gap Inc.’s co-branded and […]
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Companies

Partnership With ConsenSys Supports the Future of Multi Blockchain Commerce

“Mastercard and ConsenSys have announced a partnership to power the future of commerce. ConsenSys, a software engineering firm in the blockchain space, provides tools and services to support the Ethereum ecosystem and helps developers build next-generation networks to enable companies to launch more powerful financial infrastructures and technology. ConsenSys Quorum is an open-source protocol layer […]
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Companies

B.well and Mastercard Partner to Give Consumers Secure, Mobile Control Over Their Digital Health Information

“b.well Connected Health today announced a partnership with Mastercard to provide individuals a simpler and more secure way to prove their identity online and in-person when accessing healthcare services.  The b.well platform brings together patient data across providers, insurers, pharmacies, and a patient’s own apps and devices, so people can share their information, manage their […]
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Companies

Pandemic Drives Increased Velocity of Innovation, Brings New Challenges and Consumer Demands for Customization

“Mastercard and Harvard Business Review Analytic Services Research identifies insights, methods, risks in remote collaboration, enhanced security and customer experiences The increased demand for digital-first solutions and more customized experiences over the past year has led companies to place a greater emphasis on innovation. In the second edition of the Become Index, 53% of executives say […]