Tag "MasterCard"

Mastercard Launches Online Shop Identity Technology With Microsoft

Mastercard on Monday announced the launch of an enhanced identity solution designed to improve the online shopping experience and tackle digital fraud in a new collaboration with Microsoft. Now more than ever, delivering a frictionless shopping experience is critical as

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90% Of North American Consumers Manage Money Through Financial Apps: Report

Mastercard released a new report today, The Rise of Open Banking, demonstrating the mainstream adoption of technology to power smarter, more meaningful digital experiences. The report found more than 80% of consumers in the US – and 90% of younger

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Mastercard to Extend Real-Time Payments to Latin America With Arcus Acquisition

Mastercard has acquired Mexico-based Arcus Financial Intelligence to support bill pay solutions and other real-time payment applications across Latin America. Arcus provides bill pay and cash-in, cash-out services for billers, retailers, fintechs and traditional financial institutions in the US and

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Mastercard Finalises Acquisition of Danish Open Banking Firm Aiia

Mastercard announced it has completed its acquisition of Aiia, a Danish open banking technology provider that offers single and secure API access to banks and fintech companies, and enables users to easily perform account-to-account payments. Details of the deal which

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Mastercard and Bakkt Strikes up Crypto Partnership

Mastercard and Bakkt announced a multifaceted partnership at Money20/20 to enable merchants, banks and fintechs in the U.S. to offer cryptocurrency solutions and services. Bakkt is a digital currency company that specialises in concurrency, rewards, and loyalty points. It will now

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Mastercard Jumps on the BNPL Bandwagon, Set to Roll Out in the United States

Mastercard announced that it is set to introduce a new Buy Now, Pay Later (BNPL) offering, Mastercard Installments for its customers in the United States, Australia and the UK. The programme gives consumers a flexible, ubiquitous way to pay online and

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Mastercard Bets on Crypto, Buys CipherTrace for Undisclosed Sum

Mastercard has signed a deal to acquire CipherTrace, a US-based cryptocurrency intelligence company, for an undisclosed sum to extend its capabilities deep into the field of digital assets. The deal is anticipated to close before the end of the year.

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Mastercard Inks Deal to Acquire Danish Open Banking Firm Aiia

Mastercard is set to acquire Aiia, a Danish open banking technology provider, for an undisclosed sum and the transaction is anticipated to close by year’s end. Aiia is a licensed Payment Initiation Service Provider (PISP) and Account Information Service Provider

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Mastercard Taps Circle for Payment Settlement Pilot With USDC Stablecoin

Circle and Mastercard announced an engagement to use the USD Coin (USDC) to facilitate crypto-to-fiat conversions in a pilot programme to expand the ability of issuers and crypto businesses to enable customers to spend their crypto assets. The engagement will

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Mastercard to Acquire Identity Verification Company Ekata for US$850 Million

Mastercard announced that it has acquired identity verification company Ekata for US$850 million as digital identity is a foundational part of Mastercard’s multi-layered approach to security. In 2019, the company introduced a new framework on how digital interactions should evolve,

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