05 Apr 16 @ 15:57
MasterCard has reportedly drawn up plans for a takeover of VocaLink, the bank-owned company which handles £6 trillion-worth of payments in the UK each year. Sky News has learnt that MasterCard,... read more
02 Feb 16 @ 10:10
MasterCard and Visa account for 69 percent of the 2.9 billion payment cards issued in the Americas, and this share continues to rise at the expense of private label cards,... read more
30 Jul 15 @ 15:11
MasterCard faces formal antitrust investigations in Europe after the European Commission accused the card giant of “artificially raising the costs of card payments.” The Commission issued its statement of objections... read more
30 Mar 15 @ 07:16
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.... read more
30 Jan 15 @ 15:04
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
30 Jan 15 @ 13:03
Google is suing Visa and MasterCard, accusing the payment processors of breaching US federal antitrust law by charging ‘supra-competitive’ interchange fees. Google was one of those merchants that had earlier... read more
03 Dec 14 @ 12:03
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
02 Oct 14 @ 15:35
MasterCard has laid out a six-year timescale for all European merchants to replace their existing POS terminals with contactless-enabled terminals by 2020. MasterCard is planning a two-phase shift to contactless... read more
02 Oct 14 @ 15:10
MasterCard has lost a court challenge to a European Union (EU) antitrust lawsuit on cross-border interchange fees. The EU’s Court of Justice ruled that the fees set by MasterCard had... read more
29 Jul 14 @ 21:41
Visa and MasterCard have reached a compromise agreement with Russian officials that would allow the global payment networks to continue operating in the country. Russia’s finance minister, Anton Siluanov, said... read more
30 May 14 @ 11:39
According to research from consultancy Frost & Sullivan, the global market for trusted service management (TSM) has not quite lived up to expectations with the low level of NFC commercial... read more
30 May 14 @ 11:25
One of the consequences of the ongoing Russia/Ukraine crisis has been the imposition of economic sanctions against Russia, something which has provoked a stringent response from the country’s president Vladimir... read more
27 Mar 14 @ 23:07
MasterCard has announced a collaboration between German telcos Deutsche Telekom, Telefónica Deutschland, Vodafone and TREVICA to create a new mobile platform and accelerate the development of mobile payments in Germany.... read more
27 Mar 14 @ 23:01
MasterCard and cloud-based solution provider Syniverse have joined forces to deliver a number of mobile and payment services to mobile users when they are travelling abroad. The two companies are... read more
27 Mar 14 @ 20:21
Visa and MasterCard have been in court to fight the EMV patent litigation they face from SmartMetric, Inc. SmartMetric is the owner of an issued United States Patent & Trademark... read more
14 Nov 13 @ 11:11
MasterCard has unveiled a new global report, “The Cashless Journey,” that tracks how 33 major economies are progressing from cash-based to cashless societies. The report, produced by MasterCard Advisors, identifies... read more
26 Sep 13 @ 10:13
The number of payment cards worldwide increased by 12% in 2012 to reach a landmark 10 billion, according to a new report from research and consulting firm Retail Banking Research... read more
28 Jul 13 @ 15:28
New research from MasterCard shows that Europeans want to enjoy cashfree holidays. The survey shows how people across Europe prefer having their cards on hand on holiday, more than the... read more
28 Jul 13 @ 05:40
The latest twist in the ongoing battle over interchange between US merchants and Visa and MasterCard has seen a group of around 30 merchants, including giants such as Amazon and... read more
13 Oct 25 @ 13:22
The payments industry may be on the cusp of one of its most dramatic shifts in decades. Reports suggest that large retailers, notably Walmart and Amazon, are exploring the issuance... 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