During Mastercard’s investor day event Wednesday (Nov. 10), the company announced its forecasted growth targets were rising and its net revenue is likely to rise in the “high-teens” percentiles from 2022 to 2024. Mastercard has also reportedly been looking at a 50% minimum annual operating margin...
Mastercard is celebrating the 50th anniversary of the TCS New York City Marathon, and is honoring the small businesses that have kept the city running for 50 years, according to a press release emailed to PYMNTS on Thursday (Nov. 4). The Official Payment Services Provider...
Mastercard and Citi are expanding their relationship to grow the City Possible network by putting their collective resources to work for the good of local residents and small businesses, according to a press release on Thursday (Oct. 7). City Possible, Mastercard’s partnership and co-creation framework...
With a goal of supporting more than 5 million micro and small businesses worldwide struggling to transition to digital, Mastercard — through the Center for Inclusive Growth — on Wednesday (Sept. 22) announced the debut of Strive, a worldwide effort focused on bolstering small businesses...
Mastercard announced that Executive Chairman Ajay Banga will retire on Dec. 31, 2021, with current Lead Independent Director Merit Janow filling in as non-executive independent chair of the board, effective next Jan. 1. The move represents “a thoughtful and intentional executive transition announced in February...
Mastercard has jumped on the non-fungible token (NFT) bandwagon. The credit card company on Thursday (Sept. 16) announced a raffle for cardholders in the United Kingdom to win the company’s first NFT, created in collaboration with professional soccer manager and former player José Mourinho. Mourinho, the...
Mastercard is at the center of a class action lawsuit topping £10 billion ($14 billion), the largest of its kind in the U.K., Reuters and other news outlets reported on Thursday (Aug. 19). If successful, 46 million people would be entitled to about £300 pounds...
The State of Arizona will be using a new provider for electronic payment cards (EPCs) for unemployment insurance and child support payments, a press release says. The Arizona Department of Economic Security (DES) has announced it will be transition EPC payments from Bank of America...
Mastercard has rolled out a new Start Path global startup engagement program, which will work with digital assets, blockchain and cryptocurrency companies, according to a press release emailed to PYMNTS. The goal is to grow digital asset technology and make it safer for both customers...
