Mastercard said Thursday morning (July 21) that it has struck a deal to acquire the vast majority – at 92.4 percent – of VocaLink Holdings Ltd for $920 million, net of cash and estimated liabilities. The card giant said that the purchase price also allows...
Mastercard unveiled the latest iteration of its digital commerce push yesterday. Mastercard is leveraging its network so that any device and any operating system can connect any consumer with any merchant interested in serving up a commerce opportunity. Mastercard EVP James Anderson shares what it...
In an interview conducted with JPMorgan, offered via transcription by Seeking Alpha, Martina Hund-Mejean, chief financial officer of MasterCard, stated that overall, consumer spend is on par with expectations: “We are really not seeing much of a different behavior. The volumes are coming through the...
Funding for humanitarian services reached an all-time high last year, but unfortunately, there is still a severe gap between the aid available and the global need. “The only way to close that gap isn’t just to keep going back and asking for more funds but...
Talk about an eye-opener. Nearly nine out of 10 (86 percent) SMBs recently expressed concern about data security for their business, and more than two-thirds (67 percent) said they don’t have a great understanding of what data security means for their business. It’s then not all...
Last week, MasterCard announced some proposed changes coming to its board of directors. The company said its board has nominated Oki Matsumoto for election as an independent director at the annual meeting of its stakeholders scheduled to take place on June 28, 2016. If Matsumoto...
Brazil is tough, China is slowing, consumers are wary elsewhere — and yet, MasterCard beat estimates. Digital efforts and transactions showed strength, and MasterCard laid out how mobile and other initiatives are evolving here and abroad.
Wearable payments functionality is great, but can it be a little more fashionable? MasterCard thinks so; that’s why it has teamed up with the Parsons School of Design on a Fashion and Design Hack. Sherri Haymond, senior vice president of digital payments and labs at...
How can banks get better about authorizing the transactions that consumers initiate with their mobile devices? By relying on smarter fraud solutions, says Ajay Bhalla, president of enterprise security solutions at MasterCard. Prior to taking the stage at Mobile World Congress, Bhalla shared with PYMNTS...
