Mastercard announced Tuesday (May 21) that it is collaborating with Samsung to research and develop ways for people to verify their digital identity on mobile devices. In a press release, Mastercard said that as it stands people have to manage multiple passwords and documents to...
Mastercard announced Thursday (May 16) it inked a partnership with ZIVELO, a self-service kiosk technology company, to enhance the drive-in ordering experience for quick service restaurants (QSRs). In a press release, Mastercard said it marks the first time an artificial intelligence (AI)-powered voice assistant will...
Take a minute and think of the morning rush at a favorite coffee shop. The beverages roll off what amounts to an assembly line before landing on the far counter. Consumers’ names are written in marker on the sides of the cups, with the baristas...
Mastercard announced Tuesday (May 14) the launch of the Mastercard Innovation Engine, an API-based digital platform that enables issuers and merchants to provide digital capabilities to customers. In a press release, the payments company said the plug-and-play platform brings together Mastercard assets and FinTech services...
Forty-four percent of the 15 billion bills in the U.S. are paid with cash or check — archaic methods in a mobile world. Mastercard is buying Transactis as it readies its Bill Pay Exchange for a 2019 launch. Mastercard’s Transactis deal is one that deepens...
To strengthen its bill payment services, Mastercard said on Friday (May 3) that it has entered into an agreement to acquire Transactis. The move supports efforts to transform and accelerate the growth of Mastercard Bill Pay Exchange, the company said in an announcement. “We see Transactis as strengthening our...
The main challenge of designing a holistic solution for the small business (SMB) community is that it’s a diverse segment, making it particularly hard to create one-size-fits-all solutions. The term “small business,” Mastercard EVP of Core Products Amnah Ajmal told PYMNTS in a recent conversation, can refer...
Mastercard has announced the launch of new small business programs available across Mastercard Business and World Elite offerings. The programs will include product discounts from Intuit, as well as automatic savings on business expenses including recruiting, travel and dining, and more. “Mastercard is developing solutions...
Second thoughts — sure, wise elders recommend them, but they represent defeat for retailers. Hesitation and deeper consideration can lead to fewer products in baskets, abandoned carts and lost sales in the world of payments and commerce. The trick is to get that consumer past...