E-payment & Security, Technology
January 19, 2024
Via: Payments DiveWith its new healthcare payments service, Purchase, New York-based Mastercard aims to speed up the time for hospitals and other specialty providers to receive payment, a process that typically takes months to complete. Using virtual cards within Remedinet’s platform also […]
E-payment & Security, Technology
November 7, 2023
Via: Payments DiveIn a consumer and small business report issued last month, Mastercard zeroed in on cross-border payment headaches affecting consumers in the U.S. and other international markets as they transact between countries. The company’s survey research showed that consumers are grappling […]
E-payment & Security, Technology
August 30, 2023
Via: Payments DiveThe fee increase comes at a politically fraught moment for the industry in light of the Credit Card Competition Act proposal pending on Capitol Hill. That act, if passed, would attempt to increase competition in the industry by requiring that […]
E-payment & Security, Technology
June 8, 2023
Via: Payments DiveIn the rivalry between the two biggest U.S. card companies, Mastercard is betting on the rise of the open banking trend while Visa is less persuaded it will take off. The companies’ diverging views of the trend, which envisions consumers […]
E-payment & Security, Technology
January 23, 2023
Via: Payments DiveAs card giants, payments processors and fintechs report quarterly results in coming weeks, the reports will show how a difficult economy has impacted their customers. Over the next five weeks, card issuers and networks, fintechs and payments processors will share […]
E-payment & Security, Technology
November 29, 2022
Via: Payments DiveThe slower growth at San Francisco, Calif.-based Visa comes as the U.S. braces for a possible recession, with consumers tightening their budgets in the face of inflation and companies cutting back on jobs and expenditures. Still, higher prices work in […]
E-payment & Security, Technology
October 28, 2022
Via: Payments DiveMastercard reported an increase in third-quarter earnings as the second-largest card network company benefited from its investments in the payments sector. During the company’s earnings conference call Thursday, Chief Executive Michael Miebach noted the company’s “focused execution” of Mastercard’s strategy […]
August 8, 2022
Via: Payments DiveMastercard’s calculations did not adjust for inflation, so some of the rise in spending found in the report can be attributed to surging prices for consumer goods and services. And as for e-commerce retail sales, the report noted that consumers […]
April 29, 2022
Via: Payments DiveDespite worries about Russia’s invasion of Ukraine, inflation hitting a multi-decade high and an unexpected slowdown in the U.S. economy, Mastercard Chief Executive Michael Miebach on Thursday struck an optimistic note about the card company’s prospects, given a pick-up in […]
December 21, 2021
Via: Marketing DiveThis spinoff isn’t surprising, as franchisees have complained in the past that Dynamic Yield didn’t deliver the sales boost they expected and that its technology failed to meet expectations. Dynamic Yield was McDonald’s largest acquisition in roughly 20 years. “The […]
E-payment & Security, Technology
November 19, 2021
Via: Payments DiveThe war of words between Amazon and Visa is heating up. First came the announcement that the Seattle-based retailer would no longer accept Visa credit cards originating in the United Kingdom as of Jan. 19 because of a dispute over […]
E-payment & Security, Technology
November 11, 2021
Via: Payments DiveMastercard outlined ambitious growth targets for its payments business at a presentation for investors and Wall Street analysts on Wednesday. Mastercard expects its core card business to grow annually at about 9% during the next few years. It estimates the […]
E-payment & Security, Technology
September 30, 2021
Via: Retail DiveWhile some legacy companies have said in the past that they didn’t need to jump on the BNPL bandwagon, clearly Mastercard’s announcement shows the worldwide trend is now taking on board even major legacy companies. Purchase, New York-based Mastercard said […]
E-payment & Security, Technology
May 6, 2021
Via: Payments DiveJacksonville, Florida-based FIS ranked last year as the second-largest processor of payments for merchant transactions via the two biggest U.S. credit card companies, Visa and Mastercard, according to the industry research firm Nilson Report. The volume was about $700 billion. […]
E-payment & Security, Technology
March 12, 2021
Via: Payments DiveSenate Majority Whip Dick Durbin zeroed in on America’s two big credit card companies, Mastercard and Visa, for criticism at a congressional hearing on antitrust issues Thursday, again warning the companies about high fees. At the antitrust subcommittee hearing of […]
E-payment & Security, Technology
February 12, 2021
Via: Apple InsiderBitPay, a cryptocurrency payment service provider, has announced that its prepaid card now supports Apple Pay for in-store, in-app, and online payments. Users of the service can now add the BitPay Prepaid Mastercard to their Apple Pay wallets. The card […]
October 25, 2019
Via: CMSWireAdobe has announced enhancements to its Experience Cloud, which includes its customer experience, advertising and analytics software. The updates in software come in Adobe’s Data Science Workspace, its product recommendations offerings, retail sales forecasting and its people-based destinations solution. The […]
E-payment & Security, Technology
June 14, 2016
Via: itCuratedMasterCard has announced a strategic partnership with Tesco Bank that will aim to enhance the mobile and digital payments options available to customers at the retailer, as well as identifying and delivering new safe and secure digital payment solutions for […]