15 Jun 15 @ 12:19

MasterCard has announced that Virgin Money has entered a long-term agreement to issue contactless-enabled MasterCard debit cards to the bank’s growing customer base. According to MasterCard, it has developed a strong... read more

27 May 15 @ 13:56

The proposed $19 million settlement between MasterCard and Target over the retailer’s 2013 data breach has fallen through after not enough banks accepted the deal, according to MasterCard. The agreement, announced... read more

20 May 15 @ 16:39

MasterCard has launched MasterCard Send, a service designed to make it seamless for businesses, governments and others to send money to consumers around the world. Live in the US, MasterCard... read more

18 May 15 @ 17:13

MasterCard is reportedly poised to receive an antitrust complaint from European Union watchdogs probing card-payment fees, according to three people with knowledge of the case. Regulators may send a statement... read more

23 Apr 15 @ 14:29

Shares in Visa Inc. and MasterCard Inc. climbed the most since October after China’s government indicated it plans to end a monopoly in bank-card clearing. Visa gained 4.1% to close... read more

03 Mar 15 @ 15:07

The Government of Egypt, represented by the Ministry of Communications and Information Technology, and MasterCard announced the details of a recent Memorandum of Understanding (MoU) that will aim to extend financial... read more

13 Feb 15 @ 11:36

MasterCard is reportedly set to invest an additional $20 million in cyber security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors. This... read more

13 Jan 15 @ 09:36

MasterCard says it has reached an agreement with Russian authorities to process its payments in Russia, the Russian central bank announced on Monday. MasterCard and Russia’s national payment system agreed on December... read more

09 Jan 15 @ 15:44

MasterCard, Comdata and Behalf have teamed up to enable small- and mid-sized businesses (SMBs) to have a more flexible and convenient way to pay their vendors. The initiative helps improve... read more

07 Jan 15 @ 13:10

Motor manufacturer BMW has teamed up with MasterCard on a contactless credit card than can be used to pay for, unlock and operate a vehicle from the DriveNow car-sharing fleet.... read more

06 Jan 15 @ 11:35

Google is suing Visa and MasterCard over the card networks’ interchange fees, with the internet and tech giant claiming that they have violated federal antitrust law. Google has filed the... read more

13 Nov 14 @ 16:29

MasterCard has outlined its vision for online payments beyond passwords, making life simpler for cardholders while increasing security. The company has been leading the co-creation of a new authentication standard, which... read more

07 Nov 14 @ 15:47

Transaction Network Services (TNS), a portfolio company of Siris Capital Group since February 2013, has entered into an agreement to sell its payment gateway services business to MasterCard for an... read more

05 Nov 14 @ 10:51

Visa and MasterCard have bowed to pressure from Canadian regulators by agreeing to set a 1.5% cap on interchange rates in Canada for the next five years, a reduction of... read more

20 Oct 14 @ 12:55

MasterCard and Zwipe announced their partnership for the launch of the world’s first biometric contactless payment card featuring an integrated fingerprint sensor. The launch of the card comes after a successful... read more

07 Oct 14 @ 15:28

MasterCard has signed a two-year deal to mine Facebook Asia-Pacific user data, detailing consumers’ online habits to uncover behavioural insights it can then sell to banks. MasterCard aims to feed the... read more

02 Oct 14 @ 12:59

MasterCard has launched  SafetyNet, a global tool designed to reduce the risk of cyber hacking of banks and processors. SafetyNet is designed to use the power of MasterCard’s global network, to... read more

03 Sep 14 @ 13:25

MasterCard and global e-invoicing specialist Basware have launched Basware Pay, a solution aimed at working capital optimisation for the B2B space. Basware Pay aims to extend the value of the... read more

26 Aug 14 @ 10:50

The Target data breach, which compromised the data of 40 million cardholders continues to have ramifications across the industry. Following a class-action lawsuit against Target for the data breach, MasterCard... read more

21 Aug 14 @ 11:04

UK prepaid solution provider Prepaid Financial Services (PFS) has announced the launch of the Airopay card, the first prepaid MasterCard in Finland. The card is denominated in euros and is... read more