Search Results for: Mastercard
Mastercard and Visa lose legal round in Europe over swipe fees
June 18th, 2020
Wednesday, the highest court in the U.K. upheld a 2018 ruling by a lower court, the Court of Appeal, that payments firms Visa and Mastercard had restricted competition for retailers by levying fees on transactions, known as multilateral interchange ...
Mastercard fined €570.6m
January 23rd, 2019
The European Commission has fined the card scheme Mastercard €570 566 000 for limiting the possibility for merchants to benefit from better conditions offered by banks established elsewhere in the Single Market, in breach of EU antitrust rules. Commissioner ...
ISXPay EU/EEA ‘production live’ with own Visa & Mastercard Principal Licenses
November 27th, 2018
Highlights ISXPay Tier 1 ‘production live’ in the EU, via own Visa and Mastercard principal licenses $880m annualised GPTV volume to be incrementally ramped from January through March ‘19 New & existing merchants being onboarded to platform from December ...
Google and Mastercard have secret deal to track users’ offline spending in stores
September 3rd, 2018
Google has reportedly bought Mastercard credit card data in the US to help it track users’ offline spending in stores. The two firms had not made the deal public but it was discovered by Bloomberg. Mastercard denied suggestions that ...
Mastercard pushes for rise in cashless payments
July 6th, 2018
Mastercard is pushing for a bigger uptake of cashless payments, but the company reassured consumers it has “massive contingency plans” for IT failures like those that blocked millions of transactions at rival Visa. Anne Cairns, the group’s vice chairman, ...
Visa, MasterCard and AmEx propose a new deal for online payments
April 23rd, 2018
The way you pay for things with credit cards or debit cards at bricks-and-mortar retailers is a familiar, standardized process. There have been minor tweaks, like the recent adoption of chip cards or getting rid of signatures, but the ...
Latest Mastercard Start Path Program Includes Blockchain, Digital Identity and Healthcare Fintechs
December 1st, 2017
Mastercard announced its largest and most diverse class to enter the Mastercard Start Path program – the company’s global effort to support later-stage fintech and tech startups. The 11 selected companies from across five countries are working on the ...
Mastercard introduces solution for managing digital footprint
October 24th, 2017
New solution will help the 60 percent of people who say they don’t know where their card credentials are stored Do you know all the places you’ve stored your payment card details? From shopping sites to billers, keeping track ...
Mastercard released advanced alert for cards to fight fraud
October 3rd, 2017
Mastercard, a technology company in the global payments, has issued a press release to announce that Mastercard Arms Issuers with Predictive Tool to Combat Account Related Fraud from Data Breaches New service helps reduce fraud-related costs while improving the ...
Mastercard and PayPal Expand Partnership in Asia Pacific
August 3rd, 2017
Mastercard and PayPal Expand Partnership in Asia Pacific to Spur Mobile and Digital Commerce Mastercard (NYSE: MA) and PayPal (NASDAQ: PYPL) today announced an extension of their partnership into Asia Pacific to enhance the consumer experience and make Mastercard ...
