Tag "MasterCard"
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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.
Read More
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
Read More
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
Read More
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,
Read More