A big change is coming to Mastercard, which will soon be marking the end of an era as its longtime CEO Ajay Banga departs from the role of CEO and moves on to the role of Executive Chairman, a position now held by Richard Haythornthwaite, on Jan. 1,...
Mastercard said in a statement Monday (Feb. 24) that the coronavirus outbreak could hurt its revenues this year and that caused the company’s shares to dip on the news. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Mastercard has announced plans to expand its European tech hub in Leopardstown, South Dublin in a move the firm says will create 1,500 jobs, according to a Monday (Feb. 24) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bright lights, big (and small) cities and Big Data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form,...
China’s central bank gave Mastercard the go-ahead on Tuesday (Feb. 11) to set up a bank card clearing business, granting access to a $27 trillion payments market, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
To improve the financial lives of millions of Americans, speed matters — especially for FinTechs seeking to bring new products to market digitally and to target consumers underserved by traditional banking models. Get the Full Story Complete the form to unlock this article and enjoy...
Ajay Banga, the chief executive officer (CEO) of Mastercard, is adamantly against any attempts to fracture the Global Payments Systems (GPS) into national domains, Financial Times (FT) reported on Sunday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy...
Mastercard’s drive to scale digital payments across the ecosystem has led the payments network to find new ways to help FinTechs participate in this mission through its Accelerate program, giving tech-nimble startups the tools and access they need to scale quickly. Get the Full Story...
In order to accelerate the use of electronic payment options in Asia, Mastercard has invested in merchant commerce platform Pine Labs, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...