03 Jun 19 @ 15:10
Mastercard has published its strategy for a global, consumer-led future in digital ID. The result of an eighteen-month consultation with governments, security experts and consumers around the world, Mastercard’s paper... read more
03 Jun 19 @ 15:05
Visa and Mastercard have offered to cut interchange fees on payments made by tourists using cards issued outside the European Union to limit fines and end an EU antitrust investigation.... read more
03 Jun 19 @ 15:04
The UK Court of Appeals has overturned a formerly favourable Mastercard interchange fee ruling. The £14 billion lawsuit against Mastercard for imposing charges on UK consumers looks set to proceed... read more
29 Apr 19 @ 11:41
Visa and Mastercard have offered to cut interchange fees on payments made by tourists using cards issued outside the European Union to limit fines and end an EU antitrust investigation,... read more
16 Apr 19 @ 16:15
The UK Court of Appeals has overturned a formerly favourable Mastercard interchange fee ruling. The £14 billion lawsuit against Mastercard for imposing charges on UK consumers looks set to proceed... read more
11 Mar 19 @ 08:49
Mastercard dropped out of the competitive bidding with rival Visa for Earthport and announced it has entered into an agreement to acquire Transfast, a competitor account-to-account money transfer network. Transfast... read more
06 Mar 19 @ 10:38
The European Commission (EC) has been reported to be considering implementing new regulations to support and accelerate the adoption of TARGET Instant Payments Settlement System (TIPS) in an effort to... read more
28 Jan 19 @ 13:29
Mastercard has stepped in and made a £233 million counter bid to take over payments firm Earthport, as it looks to head off rival Visa’s attempts to buy the company.... read more
22 Jan 19 @ 12:12
The European Commission has fined Mastercard a meaty €570.6 million ($648.3 million) for limiting the possibility for merchants to benefit from better interchange fees offered by banks elsewhere in the European... read more
14 Jan 19 @ 09:36
After a decade of lobbying to gain local access to the $124 trillion Chinese payments market, Visa and Mastercard have been snubbed by China’s central bank which has refused to... read more
05 Dec 18 @ 15:16
PPRO Group has partnered with Mastercard to integrate the Mastercard Pay by Bank app solution into the PPRO alternative payments platform for UK merchants. With mobile commerce having become the most... read more
03 Dec 18 @ 09:33
Mastercard and Microsoft have announced a strategic collaboration to improve how people manage and use their digital identity. Currently, verifying your identity online is still dependent on physical or digital... read more
05 Nov 18 @ 12:48
Having recently complied with new rules laid out by the Indian government surrounding personal and transaction data – a directive that sparked aggressive lobbying effort from US companies who said... read more
24 Sep 18 @ 12:48
Visa and Mastercard will have to continue rolling with the punches as it becomes clear that even the record $6.2 billion settlement made last week won’t be enough to end... read more
19 Sep 18 @ 09:56
Visa and Mastercard along with a group of their top US acquirer banks have proposed a $6.2 billion settlement of the long-running antitrust lawsuit over the interchange fees they charge... read more
09 Aug 18 @ 14:39
Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees, according to people familiar with the agreement. The two companies and banks including JPMorgan Chase, Citigroup... read more
09 Aug 18 @ 14:01
Mastercard says it will launch Mastercard Send in the UK. Mastercard Send is a payment service that allows financial institutions, FinTechs, digital customers and other businesses to send real-time payments... read more
31 Jul 18 @ 13:41
Mastercard recently won a patent to protect a method that would manage “fractional reserves of blockchain currency”, meaning consumers might one day be able to charge their purchases on their credit... read more
13 Jul 18 @ 10:41
In a damaging set back, a British appeals court ruled in favour of retailers including some of the UK’s biggest retailers, in massive a blow to the card networks which could now... read more
02 Jul 18 @ 15:40
The two big card networks Visa and Mastercard are reported to be close to settling a 13-year-old legal challenge over interchange fees charged when merchants accept card payments, according to people familiar with... read more
30 Jun 26 @ 07:05
Barclays, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest Group and Santander UK are working with UK Finance in the development of a voluntary ... more
06 Jul 26 @ 20:34
European banks risk falling behind in the race towards real-time payments and faster securities settlement unless they accelerate investment in automation and m... more
07 Jul 26 @ 19:13
Visa has unveiled a new cybersecurity platform designed to help financial institutions identify threats before they develop into fraud, while simultaneously rev... more