MasterCard News & Media

BMO intros Mastercard credit card

August 29, 2025

BMO introduced its Escape Credit Card with Mastercard to provide more rewards for travelers. In particular, it offers up to $240 in hotel credits annually…

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Visa, Mastercard ATM lawsuit settlement deadline set at Jan. 22

January 22, 2025

The deadline to sign up for the $197.5 million class action settlement against Visa and Mastercard is Jan. 22. This settlement comes from a lawsuit that…

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Mastercard unveils cross-border payments solution

October 24, 2024

Mastercard released Move Commercial Payments to enable faster cross-border payments. It provides near-real time payments 24/7 to help banks provide better…

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Mastercard to offer instant payments in South Africa

October 15, 2024

Mastercard has announced it will provide instant card payments in South Africa. With this service, merchants can receive payouts faster, which in turn approves…

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Banks must modernize or fall behind

by Joe Myers — Executive Vice President, Global Banking, Diebold Nixdorf

In an era where digital innovation is paramount and cybersecurity threats are more prominent than ever, financial institutions find themselves at a critical…

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Mastercard announces Payment Passkey Service launch

August 30, 2024

Mastercard announced the launch of its Payment Passkey Service to improve security for online shopping. This service aims to replace passwords and OTPs to…

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Mastercard partners with Ecommpay for Click to Pay

July 18, 2024

Ecommpay, a payments platform, partnered with Mastercard to deliver Click to Pay for merchants. With this tool, merchants can tokenize customer card details…

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Trulioo partners with Mastercard for identity verification

June 12, 2024

Truiloo, an identity platform, partnered with Mastercard to provide identity verification solutions for merchants and customers. In particular, Truillo will…

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Visa, Mastercard will pay $197 million in ATM fee lawsuit

May 31, 2024

Visa and Mastercard both agreed to pay $197 million in a class action lawsuit regarding ATM fees. This lawsuit covers customers who withdrew cash from bank…

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Lama AI joins Mastercard Engage Partner Platform

April 23, 2024

Lama AI, a commercial lending technology provider, plans to join the Mastercard Engage Partner Platform to deliver better payments solutions. In particular…

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Supreme Court rejects Visa, Mastercard appeal in ATM lawsuit

April 17, 2024

The U.S. Supreme Court will not hear an appeal from Visa and Mastercard in a class action lawsuit case from ATM operators, who first sued Visa, Mastercard and…

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Mastercard intros Smart Subscriptions management solution

March 20, 2024

Mastercard unveiled Smart Subscriptions, an open banking management tool that financial institutions can integrate into their banking platforms. The tool…

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Mastercard, Feedzai to offer crypto fraud protection

December 5, 2023

Feedzai, a financial crime and risk management solutions provider, is teaming with Mastercard to combat cryptocurrency fraud. Mastercard will integrate its…

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Visa, Mastercard set to raise credit card fees

August 30, 2023

Visa and Mastercard are planning to raise fees merchants pay when accepting credit cards, according to a report in The Wall Street Journal carried by msn.com.

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Mastercard bans cannabis purchases

August 2, 2023

Mastercard has officially banned its debit cards from being used to purchase cannabis at dispensaries. This is due to the fact cannabis is illegal on the…

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Mastercard partners with Fabrick for open embedded finance

June 12, 2023

Fabrick, an open finance company, has partnered with Mastercard to deliver embedded finance solutions to aid businesses, financial institutions and fintechs in…

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Uphold intros debit card with crypto rewards

November 23, 2022

Uphold, a digital money platform, has launched a debit card for U.K. customers that offers up to 4% rewards in XRP(Ripple). The company will also provide a…

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Amount joins Mastercard Engage partner network

November 22, 2022

Amount, a banking technology provider, has joined the Mastercard Engage network. With this partnership, Amount will provide financial services on Mastercard's…

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Examining pros, cons of banks and cryptocurrency

by Bradley Cooper — Editor, ATM Marketplace & Food Truck Operator

Cryptocurrency has come a long way since its humble beginnings. Is it time for banks to take the plunge into cryptocurrency?

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Mastercard to offer cryptocurrency trading for banks

October 18, 2022

Mastercard has announced a program to help banks add cryptocurrency trading to their offerings. It will bridge Paxos, a cryptocurrency trading platform, with…

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