29 Oct 19 @ 10:47
Consumer purchase volume running through the Mastercard network rose by 14% during Q3 2019, accelerating slightly from Q2, driving revenue and earnings per share past Wall Street’s expectations. Revenue at... read more
03 Oct 19 @ 14:55
First it was a group of influential banks, then it was the EU regulator, now, Visa, Mastercard and other key financial partners are reconsidering their involvement in Libra Coin, Facebook’s... read more
01 Oct 19 @ 07:57
PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... read more
12 Sep 19 @ 10:04
Mastercard has outlined a new initiative to increase the UK’s access to cash. Local shops and businesses who choose to offer cashback in conjunction with a purchase, will from April... read more
11 Sep 19 @ 10:11
R3 and Mastercard have signed a strategic partnership to develop and pilot a new blockchain-enabled cross border payments solution that will initially focus on connecting global faster payments infrastructures, schemes... read more
06 Aug 19 @ 14:06
Mastercard has once again been the more aggressive as it muscled in front of Visa to buy the Nordic payments platform Nets for €2.85 billion ($3.19 billion), using its biggest-ever... read more
02 Aug 19 @ 09:44
Mastercard has reported strong growth in its core business in Q2 2019, at a time when the network continues its push for contactless cards and development of the new Secure... 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
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
09 Mar 26 @ 14:45
SWIFT has introduced a new international payments framework aimed at significantly improving the speed, transparency and predictability of cross-border retail t... more
17 Mar 26 @ 15:03
Visa is moving to bring agentic commerce closer to commercial reality, launching a new programme with banks across the UK and Europe to test how artificial inte... more
12 Mar 26 @ 18:21
For years, the credit card industry has pursued a simple ambition: to become the card a consumer reaches for first. [caption id="attachment_52085" align="a... more