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Mastercard and Visa's one-year delay is only a partial victory for retailers, who want the networks to have less power to set rates.
March 16 -
Michael Moeser, senior analyst at PaymentsSource, talks to Nikki Darden, head of global marketing integration at Citigroup; and Cheryl Guerin, executive vice president of North America marketing and communications at Mastercard, about the True Name feature on their cards.
March 16 -
The card brand is working with the International Chamber of Commerce to support authentication to vaccine and test tracking. It may not be an easy task.
March 15 -
Transit and parking draw new users to mobile wallets, and Google is expanding both features to add use cases for its payment app.
February 19 -
The card brand's data exchange platform, which provides mobile real-time processing, has gained support from the likes of PNC and Citizens.
February 17 -
The card brand's data exchange platform, which provides mobile real-time processing, has gained support from the likes of PNC and Citizens.
February 17 -
The global card brand is positioning itself to play a key role in the development of central bank digital currencies.
February 11 -
The global card brand is positioning itself to play a key role in the development of central bank digital currencies.
February 11 -
The pandemic has accelerated the card brand's shift toward providing ancillary services including analytics and dispute resolution.
January 28 -
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.
January 25 -
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).
January 11 -
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.
January 5 -
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.
December 18 -
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.
December 11 -
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.
December 11 -
TransferGo will use Mastercard's push payment service to support near real-time money transfers for European customers.
December 7 -
The card brands are reviewing ties to MindGeek after a New York Times column accused the parent of the Pornhub.com website of distributing videos depicting child abuse and nonconsensual violence.
December 7 -
Mastercard Inc. promoted Linda Kirkpatrick to president of North American operations as incoming Chief Executive Officer Michael Miebach shuffles some of his top managers before taking the reins next month.
December 3 -
In the push to get millions of cash-based micro- and small-business merchants to go digital, the two largest card networks are getting a boost from contactless payments' global surge.
November 24 -
Mastercard says it has been notified the Department of Justice has approved its planned acquisition of data aggregator Finicity, putting the card brand on track to close the deal before the end of the year.
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