Mastercard

The global card brand is positioning itself to play a key role in the development of central bank digital currencies.

The global card brand is positioning itself to play a key role in the development of central bank digital currencies.

The pandemic has accelerated the card brand's shift toward providing ancillary services including analytics and dispute resolution.

In a post-Brexit move, Mastercard is raising interchange rates for card-not-present transactions on U.K.-issued cards when spent with European merchants.

In a bid to expand contactless card acceptance, Mastercard is testing its Cloud Tap on Phone tech with Napa, Calif.-based IT services provider Computer Engineering Group (CEG).

The year — and the coronavirus pandemic — caused a dramatic shift in attitude. Many consumers and merchants now saw contactless cards and mobile payments as a way to move ahead without the germ fears that come with touching cash and PIN pads. And even after those fears subsided, the new habits stuck around.

The interior of a car or truck is a fintech frontier — one that is undergoing a trial by fire during the pandemic, including as a point of sale venue for small merchants.

The U.K. Supreme Court has rejected Mastercard’s attempt to force individual lawsuits over claims the card brand overcharged consumers and negatively impacted competition for more than a decade.

Mastercard said it won’t allow its cards to be used on Pornhub.com after the network’s review of the website uncovered unlawful content, and rival Visa is suspending acceptance of its cards on the site pending completion of its own investigation.

TransferGo will use Mastercard's push payment service to support near real-time money transfers for European customers.