Wirex launches first phase of revolutionary product overhaul and Mastercard multicurrency card
Sep18

Wirex launches first phase of revolutionary product overhaul and Mastercard multicurrency card

Next-gen payments company Wirex fired a warning shot at competing platforms today with the launch of a comprehensive product overhaul and new card. The overhaul kicks off with the release of exciting features, including five new currencies and free foreign exchange. The company also announced the upcoming launch of their hotly-anticipated Wirex Mastercard card, along with an upgraded rewards programme. The first of a three-phase,...

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Flywire and Mastercard Team Up to Simplify Cross-Border Tuition Payments
Sep17

Flywire and Mastercard Team Up to Simplify Cross-Border Tuition Payments

Flywire, a vertical payments company, is partnering with Mastercard to provide students with discounted foreign exchange rates on cross-border tuition payments made with Mastercard. The offer is available during the 2020 Fall term to international students originating from UAE, Saudi Arabia, Qatar, Kuwait, Kenya and Ghana attending any school around the world that offers Flywire as a preferred payment method for international tuition....

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Tesco Bank introduces Mastercard’s Open Banking Connect™ for 2.6 million card customers
Sep15

Tesco Bank introduces Mastercard’s Open Banking Connect™ for 2.6 million card customers

Tesco Bank is to become the first UK bank to introduce new technology that allows its 2.6 million credit card customers to more easily manage and pay their balance. The ‘Pay by Bank’ facility will be provided by Tesco Bank and enabled by Mastercard’s Open Banking Connect™ service.  It allows Mobile and Online credit card customers to make payments directly from their current account via electronic payment services. The new feature is...

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World’s first card-based stimulus scheme launched to tackle economic impact of COVID-19
Sep11

World’s first card-based stimulus scheme launched to tackle economic impact of COVID-19

Mastercard and PFS (a company of EML) have partnered with the Government of Jersey to develop the World’s first card-based stimulus scheme. From today onwards, all eligible citizens in Jersey will be posted their own £100 PFS and Mastercard powered Spend Local Card that they can use in businesses across the island until midnight on October 31st, 2020. After that date, cardholders are being advised to retain their prepaid card in the...

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Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform
Sep10

Mastercard Launches Central Bank Digital Currencies (CBDCs) Testing Platform

With the global economy racing to embrace digital payments, central banks also are looking to the future and investigating how to support innovation while maintaining monetary policy and financial stability as they issue and distribute currency. In fact, 80 percent of central banks surveyed are engaging in some form of Central Bank Digital Currencies (CBDCs) work, and about 40 percent of central banks have progressed from conceptual...

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Jifiti Partners with Mastercard to Scale Point of Sale Consumer Financing Solutions
Sep09

Jifiti Partners with Mastercard to Scale Point of Sale Consumer Financing Solutions

As more people enter the digital economy, credit and consumer financing is evolving – providing increased flexibility for more people, catering to new shopping trends and behaviors, and empowering retailers with new experiences. To meet shifting consumer demands, Jifiti has today announced the expansion of its partnership supporting both merchants and issuers with Mastercard, to scale its point of sale installments offering to provide...

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Modulr becomes a principal issuing member of Mastercard
Sep08

Modulr becomes a principal issuing member of Mastercard

The FinTech Modulr has today announced it has joined Mastercard as a principal issuing member, granting it direct access to the leading global payments network. The new partnership sees Modulr further embed itself into critical financial infrastructure and will bring additional functionality to the FinTech’s offering, including improved scalability and speed to market. Modulr will use the partnership to further expand its product...

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Mastercard teams up with OpenTable to pick up the bill for diners in UK and Ireland
Aug28

Mastercard teams up with OpenTable to pick up the bill for diners in UK and Ireland

Throughout September OpenTable and Mastercard will be celebrating Dine Local, a month-long homage to dining out, with more than 200 restaurants offering special offers to diners across the UK and Ireland. As part of this, Mastercard and OpenTable have teamed up to surprise and delight lucky diners across the UK and Ireland with the chance to eat and drink for free* in their chosen local restaurant. Every evening, during September,...

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Mastercard has created the world’s biggest digital wave with over 1 billion views to celebrate the return of the UEFA Champions League
Aug28

Mastercard has created the world’s biggest digital wave with over 1 billion views to celebrate the return of the UEFA Champions League

Mastercard has created the world’s biggest digital wave through social media achieving over 1 billion views amongst football fans, celebrities and sporting heroes globally. The #PricelessWave challenge, set to celebrate and connect fans during UEFA Champions League, is currently under review by Guinness World Record. So far, 603,464 people have shared their video on TikTok alongside the likes of football legends Fernando Torres and...

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Phos extends partnership with Mastercard to support European businesses and boost economy
Aug28

Phos extends partnership with Mastercard to support European businesses and boost economy

Phos, the fintech behind the first-ever software Point of Sale (POS), has today announced the extension of its partnership with Mastercard to introduce their innovative mobile payment solution. 12,000 small businesses across 12 European countries will now be able to accept contactless payments using their Android mobile devices, with this number set to increase over the coming months. This will allow merchants to digitalise their...

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Netcetera and Mastercard Launch 3DS Testing Platform for Retailers
Aug27

Netcetera and Mastercard Launch 3DS Testing Platform for Retailers

Netcetera is Mastercard’s exclusive 3-D Secure testing partner to help retailers and other businesses ensure they are ready to comply with PSD2. Mastercard and Netcetera, the market leader for 3DS and EMVCo associate, are supporting merchants to improve their transactions and conversion rates. This is the first time that merchants are able to run tests in their live online shops. Improving the conversion rate in e-commerce checkouts...

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Mastercard expands in Myanmar
Aug25

Mastercard expands in Myanmar

Mastercard today announced that it is deepening its commitment to Myanmar by taking steps to incorporate an entity in the country – thereby establishing a local office presence in Yangon – and to appoint a country business development manager. Mastercard aims to support the advancement of Myanmar’s digital payments ecosystem and its efforts to build a futuristic and inclusive cashless society. The establishment of the local office...

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TransferWise and Mastercard expand their global partnership
Aug21

TransferWise and Mastercard expand their global partnership

Mastercard and TransferWise have announced an expanded partnership to enable the issuance of cards in any market around the world where Mastercard is accepted and TransferWise is licensed for its multi-currency borderless account. Mastercard has built a strong partnership with TransferWise, working with the global technology company since the issuance of its first debit card in Europe in 2018. Since then, TransferWise has issued more...

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Curve and Samsung launch the Samsung Pay Card today
Aug18

Curve and Samsung launch the Samsung Pay Card today

Samsung Electronics Co., Ltd has today announced that the new Samsung Pay Card, powered by Curve, and in conjunction with global payments technology company Mastercard, will be available from August 18th. With ONE simple to use digital-first card, Samsung Pay Card gives users complete control over their spending, without the fuss of having to change banks. This isn’t another bank card. From debit cards to credit cards, the all-new...

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First Direct moves Debit card partnership to Mastercard
Aug14

First Direct moves Debit card partnership to Mastercard

first direct has selected Mastercard as its partner for its debit card portfolio. Customers will begin to receive cards from the end of this year, as part of a multi-year agreement. The announcement will bring enhanced digital benefits for first direct customers, including card controls and functionality, as well as exclusive offers, and a new rewards/loyalty program. A spokesperson for first direct, said: “first direct has selected...

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Mastercard and Pollinate announce global commercial partnership
Aug14

Mastercard and Pollinate announce global commercial partnership

Mastercard and Pollinate, the software business that is reinventing merchant acquiring for banks, have agreed to a strategic partnership that will see Mastercard and Pollinate collaborate to bring the latest technology and data insights to banks serving small and medium businesses around the world. Mastercard works with thousands of financial institutions worldwide, and this commercial partnership follows Mastercard’s investment into...

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Mastercard Rolls Out New Business Intelligence Platform for European Banks
Aug05

Mastercard Rolls Out New Business Intelligence Platform for European Banks

Mastercard today announced the launch of Market Trends, an interactive platform providing a comprehensive view of payments insights, competitive intelligence and industry trends for banks and financial institutions in Europe. From research on more than 2,000 cards across 34 markets to thought leadership on Open Banking, Blockchain and other trends to analyses of 22 top fintech players, Mastercard Market Trends provides a simple,...

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Emerging Payments Awards 2020 Finalists Announced!
Aug04

Emerging Payments Awards 2020 Finalists Announced!

The Emerging Payments Awards celebrate innovation, collaboration and emerging payments by recognising companies that have made significant advances in how we pay today. With a 50% increase in submissions for this year’s Awards, entrants demonstrated examples of high-quality and innovative payment solutions, and selecting the finalists was a challenge indeed with so many deserving entrants. Today at Pay360 Conference, the EPA...

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Mastercard and ANNA Money enter next phase of partnership
Aug04

Mastercard and ANNA Money enter next phase of partnership

Mastercard and ANNA Money today announced an extended partnership that will support ANNA’s customers with value-added services. ANNA is a mobile business account, Mastercard debit card and virtual assistant rolled into one aimed at start-ups, freelancers and small businesses. Launched in 2018, ANNA (Absolutely No Nonsense Admin) “the debit card that meows”, has worked with Mastercard since its inception. In under two years ANNA has...

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Natwest brings Apple Pay to business credit cards
Aug04

Natwest brings Apple Pay to business credit cards

NatWest today brings Apple Pay to its Business credit card customers, providing a safer, more secure and private way to pay that helps customers avoid handing their payment card to someone else, touching physical buttons or exchanging cash — and uses the power of iPhone to protect every transaction. NatWest and its subsidiaries including Royal Bank of Scotland and Ulster Bank have integrated Apple Pay across a range of Mastercard...

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Mastercard to enable better cross-border business payments into China
Jul28

Mastercard to enable better cross-border business payments into China

Mastercard and Bank of Shanghai today announced the ability for businesses in virtually any geography to more efficiently, seamlessly and securely send payments to China. With Mastercard Cross-Border Services, business customers will be able to transfer money to any local bank in China, reduce the cost of transactions, and access real-time exchange rates for the Chinese Yuan, all with a reduced need for additional documents and...

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Episode Six secures $7M of Series A to accelerate global growth
Jul22

Episode Six secures $7M of Series A to accelerate global growth

Episode Six, a next-generation financial technology provider, announced that it has secured $7 million of its Series A funding. The round was led by HSBC and includes investments from Mastercard and SBI Investment Co., Ltd., which first invested in Episode Six through its FinTech Business Innovation Fund in 2017. “Financial institutions and innovators in other industries like healthcare are beginning to realize the constraints of...

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Mastercard accelerates crypto card partner program, making it easier  for consumers to hold and activate cryptocurrencies
Jul20

Mastercard accelerates crypto card partner program, making it easier for consumers to hold and activate cryptocurrencies

Consumer interest and investment in digital currencies are growing, with research showing that up to 20 percent of the population of some countries are holding cryptocurrencies1, and an increasing number of merchants, digital players and financial institutions are exploring crypto payments. Aiding adoption and creating innovative experiences in the crypto space, Mastercard today announced the expansion of its cryptocurrency program,...

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Tide strikes strategic partnership with Mastercard as principal issuer
Jul20

Tide strikes strategic partnership with Mastercard as principal issuer

Tide, the UK’s leading business banking platform, has announced the start of a new multi-year strategic partnership with Mastercard to further enhance its innovative SME banking services, with Tide becoming a principle Mastercard issuer. This partnership cements Tide’s position as a leader in digital business banking, and means Tide will now settle funds directly with Mastercard. Tide and Mastercard will also work together to deliver...

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UK fintech Fidel API expands North American presence with US move
Jul16

UK fintech Fidel API expands North American presence with US move

Fidel, the financial API provider whose clients include British Airways, Royal Bank of Canada and Klarna, has expanded to the US to help developers build applications and services that connect with a user’s payment card.  The establishment of a New York office follows Fidel’s expansion to Canada and the Nordics in 2019.  Fidel’s APIs provide easy access to real-time transaction data from Visa, Mastercard and American Express. It has...

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