Quinn Emanuel Urquhart & Sullivan, the law firm that lodged a £14 billion consumer collective action against Mastercard, is gearing up to appeal a rejection by the United Kingdom’s Competition Appeal Tribunal (CAT) in July. According to a news report by Commercial Dispute Resolution Magazine (CDR), the...
Startups are full of surprises, sometimes even for the people who found them. Such was the experience of FluidAI co-founder and CEO Abhinav Aggarwal. When he and his brother and co-founder Raghav Aggarwal got into business together, they knew they wanted to do something in “frontier...
About a year ago, Mastercard and Paypal managed to generate some waves by burying the hatchet and working together to make mobile and digital payments more widely accessible to consumers online and offline. That partnership is reportedly getting an upgrade with an announcement as of...
When it comes to payments, each market or country has its own preferences. Cash, plastic, debit or credit — consumers demand access to the transaction types with which they are most comfortable. Technology plays a role, of course, in making sure choice is varied, especially when...
Bike-sharing has become big business worldwide in a relatively short span of time. Virtually unheard of even a few years ago, these days there are over 1,000 bike-share operations in locations around the globe — and research firm Berger expects that by year 2020, the industry...
Mastercard has announced the launch of its annual “Dine Out” campaign in partnership with Stand Up To Cancer (SU2C). According to a press release, when customers use their Mastercards to spend $10 or more at qualifying U.S. restaurants between now and August 18, 2017, Mastercard will make...
Say mPOS and an image of a phone and a dongle probably flash across your mind. But what if all a merchant needed to accept payments was a phone — and an app? James Hicks, EVP Global Acceptance and Solutions at Mastercard, shared the details of...
On a dirt path that passes for a street in a Kenyan refugee camp, a merchant sells grains he bought from a local farmer outside the settlement. To call it an “economy” would be euphemistic, but it’s a living, and it’s enough to support his...
Now spanning more than 80 cities, Mastercard’s contactless payments system is helping shift daily commuting into the digital realm. Will Judge, VP of Enterprise Partnerships/head of Urban Mobility at Mastercard, told PYMNTS’ Karen Webster about the challenges and processes of getting millions of people where...
