Mastercard‘s philanthropic hub hosted its first Global Inclusive Growth Summit in Washington, D.C. on Monday (Oct. 21). Along with The Aspen Institute, the Mastercard Center for Inclusive Growth brought together more than 500 people from dozens of sectors to explore financial inclusion. There, the company...
The U.S. is readying for real time, as far as infrastructure is concerned. Mastercard hopes to spur B2B and C2B adoption of real-time transactions through, respectively, Pay on Delivery and Bill Pay Exchange. Ron Shultz, executive vice president of new payment flows in North America...
British FinTech startup Revolut is collaborating with Mastercard to help it expand into the U.S. by the end of 2019, Mastercard said in a press release on Tuesday (Oct. 22). All of Revolut’s first debit cards in the U.S. and at least half in the...
Mastercard is celebrating National Women’s Small Business Month by gathering it’s Women’s Business Advisory Council for a retreat and launching its first ever Small Business Summit in New York City. “Small Businesses are the heart of the nation. During a month where our attention turns...
Mastercard announced that it is partnering with PNC Bank to pilot Payment on Delivery, a new solution allowing businesses to pay a supplier in real time when receiving goods or services. The solution leverages the RTP network from The Clearing House for real-time payments clearing...
Mastercard announced that it is rolling out Mastercard Bill Pay Exchange with the help of several new partners, including ConEd, Avidia Bank, Aliaswire Inc., OSG Billing Services and Transactis. The new offering will make it easier for consumers to view, manage and pay telecom, utility,...
Mastercard has outlined its intentions with blockchain after its high profile exit from the Libra Association, a coalition of many successful companies meant to help guide and foster oversight of Facebook’s proposed cryptocurrency. “Following our withdrawal from the Libra Association membership process last week, we’ve...
The Royal Mint announced that it is partnering with Mastercard and Accomplish Financial to launch a solid gold payment card. The 18-karat gold Raris card — the first payment card to be manufactured by The Royal Mint — is personalized for Raris accountholders, with their...
The competition between cybercriminals and the fraud and security teams at banks, tasked with stopping their attacks, is incredibly lopsided. The fraud and security teams have to get it right 100 percent of the time to maintain their position of trust across the financial services...
