Mastercard Expands Cross-Border Payment Solutions
Mastercard announced the scaling of its solutions designed for international payment transactions.
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Mastercard Launches Open Banking Powered Smart Subscriptions
Smart Subscriptions plugin leverages Mastercard Subscriptions Control solution, introduced in 2023, that allows consumers to cancel, pause and resume their subscriptions.
Mastercard Introduces Open Banking for Account Opening Program
The new core benefit program from Mastercard is aimed at select U.S. debit and prepaid products, designed to streamline and secure account opening with open banking capabilities.
Amazon and Mastercard Join AI Safety Initiative
Amazon and Mastercard are among dozens of participants in a new initiative by the United States government aimed at providing security for artificial intelligence.
Mastercard Launches AI Model
Mastercard, which is one of the largest players in the payment industry, announced the creation of its artificial intelligence model.
Mastercard to Ease Adoption of Biometric Authentication
Mastercard announced the launch of the Mastercard Biometric Authentication Service, a solution designed to enhance security and provide maximum convenience for consumers.
Mastercard Extends RTP Partnership With The Clearing House
The extended multi-year partnership prolongs Mastercard’s role as the exclusive instant payments software provider for TCH’s RTP network, enabling partners to integrate new instant payment use cases.
Mastercard Pioneers Medical Claim Payment Solution
To support healthcare providers and insurance companies in dealing with claim approvals and payouts, Mastercard is introducing a medical claim payment solution in partnership with one of the leading financial institutions in India and Remedinet, a cloud-based health tech platform.
Mastercard to Launch AI Assistant for Small Business Owners
Mastercard specialists are currently working on creating an artificial intelligence tool designed for use by small business owners.
Mastercard and 4thWave to Drive B2B Payments Across EEMEA
Mastercard has partnered with 4thWave, a provider of an innovative digital platform for finance and banking as a service (BaaS), to optimize business-to-business (B2B) payment flows.
The Eastern Bank in Bangladesh Creates First Metal Biometric Card
The Eastern Bank, located in Dhaka, Bangladesh, has unveiled the world’s first biometric metal card, set to transform the banking experience for its EBL customers starting in early 2024.
US Holiday Retail Sales Grow 3.1%
Mastercard SpendingPulse estimated that this year’s holiday in-store and online retail sales grew 3.1% year over year.
Alchemy Pay Partners With Worldpay to Enhance On & Off-Ramp Payments
Alchemy Pay has entered into a strategic partnership with Worldpay acquirer to enhance its fiat-crypto payment gateway with credit and debit card functionality.
UK Regulator Proposes Cap on Mastercard, Visa Interchange Fees
A proposed cap on cross-border interchange fees charged by Visa and Mastercard aims to avoid businesses overpaying after Brexit eliminated fee limitations applied in the EU.
Payment Ring Users Won’t Replace It With Another Payment Method
Nine in ten European payment ring users prefer this payment method to all others, according to a recent survey.
Mastercard Unveils Gen-AI Assistant Shopping Muse
Advanced generative AI tool by Mastercard reimagines the search and discovery of products in retailers’ digital catalogues.
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