Mastercard announced that Gary Flood, president of global products and solutions, will depart the company at the end of the year. After joining Mastercard in 1986 in the sales organization, Flood was an architect of the product, services and digital solutions offerings and has championed...
With the spate of hacking lately, everyone is looking for better ways to fend off fraudsters. As of today, Mastercard is releasing one — it announced its new Early Fraud Detection System. With the system, issuers can now receive advance alerts about cards and accounts...
When Facebook bought Oculus Rift for $2 billion in 2014, the acquisition wasn’t exactly regarded as a stroke of business genius. Wired referred to it as a bet too far; The Guardian said the purchase was made “because Mark Zuckerberg is rich and powerful, and because...
The wonders of the mobile-digital age at this point need no introduction – particularly when it comes to enabling an entirely new world of transactions. At the dawn of the digital era, consumers made transactions generally by cash, check or card – and almost always...
Mastercard announced news that it is expanding its Digital Vendor program with the launch of Mastercard Engage. The company’s Digital Vendor program is a list of vendors serving issuers around the globe to help them bring to market their Masterpass digital wallets and tokenize payment credentials...
Poland has been hard at work burnishing its image as a tech hub over the last several years. A country in which financial services were largely reinvented in the 1990s after the fall of communism, Poland’s banks have digitized and otherwise embraced technology in the delivery...
Flywire, the cross-border payment company, announced news on Tuesday (Aug. 15) that it is providing students and their families discounted prices on cross-border tuition payments made with Mastercard this school season. In a press release, Flywire said the offer is available now to international students originating...
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...
