Going into investor day, Mastercard is ready to talk about its brand’s evolution from card network to digital payments acceptance network, buttressed by the continued growth and acceptance of Masterpass among issuers, acquirers and merchants worldwide. The highlights of the great digital migration presentation will focus...
With an only moderately powerful time machine, one could easily return to the time period when the digital wallet was the “it” payments technology of the moment. It was only two or three years ago that anyone who was anyone in financial services or tech...
Will the corporate world contribute to global development and financial aid? More to the point, where is the incentive for corporations to do so when the ROI is not realizable in the short term? Karen Webster caught up with Carlos Cornejo, SVP of new consumers...
In its seventh year collaborating with Stand Up To Cancer, Mastercard announced that its cardholders helped to raise $4 million during the annual Dine Out campaign. Cardholders were invited to donate to the cause and give back by dining out and sharing their reason for...
The mystery of the Mastercard/Green Dot mayhem that glitched Walmart prepaid cards in May 2016 has been explained by the three companies involved. Back in May, some customers were unable to access the amounts loaded onto prepaid cards for several days, and some could not...
Mastercard is extolling the virtues of EMV technology and is highlighting its efforts in helping countries adopt the chip terminal system. According to Chiro Aikat, Senior Vice President of product delivery for EMV at Mastercard, EMV technology consistently brings “significant reduction in counterfeit card fraud.”...
Could a thaw in the Mastercard/PayPal relationship be coming down the pike? If Mastercard management’s commentary about the payments giant’s latest results are any indication, it’s too early for spring, but green shoots are just starting to show. As has been widely reported, Mastercard results topped expectations,...
Mastercard results topped expectations, with a bounce in the top and bottom lines that came as transactions were up 14 percent year over year. The company’s net income came in at $0.96 a share on an adjusted basis, which topped the Street at $0.90. The...
Mastercard is mulling an entrance into the China market and could get its application in during 2016 to become a payment provider in what is expected to be the largest market by 2020. Ann Cairns, president of international markets, said in an interview with Reuters...
