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MasterCard News & Media

Mastercard extends EMV deadline, launches fraud mitigation plan

May 19, 2020

Mastercard is launching a consumer protection plan to reduce fraud at the gasoline pump as it postpones the EMV Automated Fuel Dispenser liability deadline for…

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Credit Sesame launches digital banking service

March 10, 2020

Credit Sesame, a company that helps consumers manage their credit, is launching a digital banking service called Sesame Cash, offering consumers bank accounts…

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Branch offers surcharge-free ATM access through Cardtronics

March 5, 2020

Branch, a fintech that provides workers with advanced access to their paychecks, has teamed up with Cardtronics to provide surcharge-free ATM access through…

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Mastercard partners with North Macedonia on digital identity solutions

February 7, 2020

Mastercard is partnering with the Republic of North Macedonia to develop digital identity solutions that will give citizens of that country a new way of…

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Mastercard opens cyber research center in Vancouver

January 23, 2020

Mastercard has opened a Global Intelligence and Cyber Centre in Vancouver, Canada, allowing it to research digital and cyber security, artificial intelligence…

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Vodafone pulls out of Facebook-backed Libra Association to focus on M-Pesa

January 22, 2020

Vodafone Group, a U.K.-based telecommunications conglomerate, became the latest company to pull out of Libra, the Facebook backed digital currency project. 

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Mastercard kicks off massive climate change effort with Citi, IHS Markit, others

January 17, 2020

Mastercard has launched the Priceless Planet Coalition, a massive effort to combat climate change that will involve a five-year commitment to plant more than…

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PayPal drops out of Facebook's Libra

October 4, 2019

PayPal Holdings Inc. has withdrawn its support for Facebook's future cryptocurrency Libra, according to a spokesperson for the payments provider.

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Garmin Pay teams with FiBank, Mastercard to allow contactless ATM transactions

September 30, 2019

Garmin Pay will allow Bulgaria's First Investment Bank customers to digitize their Mastercard payment cards using not only smartphones, but also Garmin…

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ATM suit against Visa, Mastercard resumes

September 27, 2019

An eight year-old antitrust suit is once again seeing some action after independent ATM providers requested class certification in their suit against Visa Inc.

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Mastercard testing open-loop B2B payments service Mastercard Track for 2020 launch

September 12, 2019

Mastercard announced the launch of Mastercard Track, an open-loop business payments system designed to help automate the $125 trillion B2B market between…

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Mastercard, SumUp enter deal to expand mobile POS across Europe

July 25, 2019

Mastercard entered an agreement with SumUp, a provider of mobile point-of-sale devices, to expand the number of electronic payment acceptance locations across…

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Mobile banking app Step raises $22.5 million in Series A funds led by Stripe

June 6, 2019

Step Mobile Inc., a mobile banking app for teens and families, said it raised $22.5 million in Series A funds led by Stripe.

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Mastercard offers Friday fare refunds for cardholders who use MTA tap-and-pay terminals

May 31, 2019

As the New York City Metropolitan Transportation Authority prepares to launch tap-and-go on some city subways and buses tomorrow, Mastercard is announcing the…

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Mastercard tests biometric cards in pilot with Mexican state benefits program

May 7, 2019

Mastercard and Edenred, a provider of payment solutions via mobile apps, online platforms and cards, have launched the first regional test of biometric card…

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BMO deploys Mastercard Send for cross-border payments

April 25, 2019

Mastercard has entered an agreement with BMO Bank of Montreal to implement Mastercard Send, which will allow faster cross-border payments for its…

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Consumer shift or shiny object?: What Apple Card could mean for retail banking

by David Jones — Editor, Networld Media Group

The introduction yesterday of Apple Card has the fintech world talking. But so did Apple Pay when it was introduced four-and-a-half years ago, and it still…

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1.26B fingerprint sensors to ship in 2019

March 15, 2019

The consumer market is expected to reach approximately 1.26 billion fingerprint sensor shipments by the end of 2019, with a 10.3. percent 5-year CAGR increase.

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NatWest to pilot test biometric payments card

March 12, 2019

As part of a national trial, U.K. financial institution NatWest will pilot test a payment card featuring biometric fingerprint technology. 

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Retail spending jumps 5.1 percent Thanksgiving through Christmas

December 27, 2018

Thanksgiving-through-Christmas spending jumped 5.1 percent this year, exceeding $850 billion, marking the strongest growth in the last six years, according to…

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