Mastercard

An Israeli startup in the emerging B2B2C space that allows consumers to make payments through major messaging apps has completed a $6 million round of funding backed by Banco Santander, Mastercard and other investors.

India’s war on cash has at least two likely victors: Visa Inc. and Mastercard Inc.

Mastercard will launch its “selfie pay” system in the Asia-Pacific region next year, expanding the global reach of its biometric identity-verification service for online payments to more markets as part of a gradual worldwide rollout.

Mastercard has launched its quick-response mobile payments system in India through its Masterpass mobile wallet, designed to help mobile banking users complete purchases through their mobile phones at the physical point of sale.

The card networks earlier this year introduced faster versions of EMV payments to ease checkout times. They've since had a hard time winning merchant adoption.

Merchants have been allowed to surcharge in most states for the past three years, but many were not aware. That's starting to change.

Payments technology is showing up in places that were unimaginable just a few years ago. That creates new opportunities for merchants and banks, but also new opportunities for fraudsters.

Mastercard's Masterpass digital wallet is gaining steam from a new enrollment feature that puts issuers in control, according to Mastercard CEO Ajay Banga.

Prepaid cards and new mobile innovation in prepaid can bring speed and improve user experience for many different payment types and other financial services.

As cars' onboard computers get smarter, payments are coming along for the ride—but always taking a back seat to other features.

Visa and Mastercard are teaming up with wallet providers and technology companies to accelerate payments innovation.

The compensation package will put incoming Visa CEO Alfred F. Kelly's income on par with Ajay Banga, Mastercard's CEO.

The two companies hope to reduce paper checks and speed processing by removing navigation for claims processing.

An agreement with Ecobank Group in Africa will result in Mastercard launching its digital Masterpass QR mobile payments across 33 countries.

Mastercard's $924 million buy of VocaLink was the highest value acquisition in the payments industry during the third quarter.

SparkLabs and Global Ventures have invested $3.4 million in Pay By Group, which makes a white-label e-commerce tool for splitting costs.