Mastercard

The deal had been held up by U.K. regulators over concerns about competitive balance.

Transit systems provide a clear use case for mobile payments, allowing commuters to avoid lining up at ticketing machines when they're already in a rush to get to their destination. But many of the perks of mobile wallets, such as targeted offers, don't apply to them.

Seamless is aggressively pushing the reach of its SEQR wallet through global partnerships designed to make the app available at millions of merchant locations, enable technology-agnostic transactions, and pry more retailers away from bank issued cards.

Investors concerned about the impact on banking of climate change, the pay gap and ethics matters are pushing back against a coalition of the heads of the biggest U.S. banks and other public companies that wants to limit small investors’ access to proxy ballots.

Mastercard has added another layer to its security for the evolving Internet of Things (IoT) with the acquisition of NuData, a Vancouver, Canada-based company whose technology analyzes biometric and behavioral patterns.

Large merchants are re-energized in their conflict with Visa and Mastercard on the issue of swipe-fee costs, following the U.S. Supreme Court’s refusal to reinstate a class-action settlement that deeply divided many of the plaintiffs.

Mastercard and Samsung India have partnered to roll out Samsung Pay to millions of customers of Indian banks.

Mastercard has hired Sandra Arkell as its new executive vice president, corporate controller and principal accounting officer.

Apps that allow consumers to order and pay in the same experience are infiltrating the restaurant industry, and Mastercard is arming itself for competition.

There are lots of new technology driven payment startups, though most still at least partly rely on the traditional card/bank model.

The card brand and bank will offer lending and prepaid cards to a traditionally underserved demographic.

India's latest government-supported payments initiative, Bharat QR, officially launched on Monday, aiming to provide an interoperable mobile payments platform linking small merchants and consumers across channels via several major card payment networks.

The Canadian Federation of Independent Business (CFIB) and Mastercard have reached an agreement that will reduce payment card interchange rates for members of Canada’s largest small-business organizations, bringing them on par with large merchants’ rates in the market.

Sri Lanka-based Bank of Ceylon (BOC) is expanding its relationship with Mastercard by adopting Mastercard Integrated, a configurable payments processing platform introduced last year in Asia enabling card issuers and acquirers to tailor the features of a broad range of payment products.

Mastercard has partnered with Kenya’s government and several large national banks on the rollout of a chip-and-PIN enabled prepaid card targeting unbanked Kenyan citizens.

Digital goods have long been a staple of e-commerce, but many consumers are still not accustomed to using digital wallets to buy low-ticket items. Mastercard hopes to change that by dangling in-store and online deals this month with a live promotion tied to TV's Grammy Awards.

The Consumer Financial Protection Bureau on Wednesday ordered Mastercard and the prepaid debit card company UniRush to pay $13 million in restitution and fines for a service breakdown in October 2015 that left thousands of customers without access to their accounts.

The initiative would add payments to the country's national identity system, but the government wants more time to review Mastercard's proposal.

President Donald Trump's plans to deregulate the financial services industry still lack detail, though Mastercard is betting on a more favorable legal environment in the future.

Mastercard said the decision confirms the "legitimacy" and "importance" of interchange in our payment system.