Post Tagged with: "MasterCard"

ClearXchange Runs the Table by Signing Citigroup

ClearXchange Runs the Table by Signing Citigroup

by September 30, 2016 at 11:01 am 0 comments

ClearXchange has racked up an impressive series of wins in recent months, bringing several major banks live on its realtime payments network. But this week it may have scored its biggest win of all — signing longtime holdout Citigroup. ClearXchange’s client roster already includes the nation’s largest banks: JPMorgan Chase,Read More

One Year after EMV, What’s the Reality of Payments in the U.S.?

One Year after EMV, What’s the Reality of Payments in the U.S.?

by September 29, 2016 at 1:11 pm 0 comments

Talking about payments nowadays, and chances are you’ll hear a lot about Apple Pay, or the larger world of mobile payments or whether those six startups that let you pay with emojis have taken off. In other words, you’re probably hearing a lot about the future of payments, and notRead More

HomeSend Remittance Program Targets Mobile to Battle Cash in Ethiopia

HomeSend Remittance Program Targets Mobile to Battle Cash in Ethiopia

by September 23, 2016 at 11:46 am 0 comments

Earlier this week it was announced that HomeSend—a joint venture of Mastercard, eServ Global, and BICS that works to ease cross-border or cross-network transfers—partnered with the Commercial Bank of Ethiopia to launch a new remittance program in the country. Remittance is estimated to be a $3.5 billion—with a B—market inRead More

Top 5 Fintech Raises: Point, Promoboxx, DueCourse

Top 5 Fintech Raises: Point, Promoboxx, DueCourse

by September 20, 2016 at 10:41 am 0 comments

Even though we’re not seeing quite as many raises as in previous years, fintech funding doesn’t seem to be in any danger of disappearing. This last week, investors went for platforms in mobile development, cloud-based Big Data, cloud-based invoicing, home equity funding, and marketing. This brings us to our topRead More

Mastercard Send, Visa Now Powering Stripe Instant Payout

Mastercard Send, Visa Now Powering Stripe Instant Payout

by September 19, 2016 at 2:53 pm 1 comment

Mastercard Send will now be the payment rails behind Stripe’s instant payout feature along with Visa, it was announced today by the parties involved. This function allows Stripe sellers—such as Lyft drivers—to receive payments, well, instantly. “These marketplaces [in the sharing economy] that have popped up aren’t going away, andRead More

MasterCard Wants You to Masterpass All the Things [VIDEO]

MasterCard Wants You to Masterpass All the Things [VIDEO]

by September 15, 2016 at 1:50 pm 0 comments

MasterCard released a series of videos earlier this month to promote the various ways its Masterpass service can be used to buy the little things in life with a single click. You know, like buying that little black dress that just happened to catch your eye, by chance, after you spent three hoursRead More

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

MasterCard-PayPal Deal Echoes Visa’s ‘Exclusive’ One

by September 6, 2016 at 1:48 pm 1 comment

Last month it was announced that Visa had made a deal with PayPal, which gave PayPal access to payments via Visa cards at the point of sale, and today it’s finally clear why MasterCard CEO Ajay Banga was confused about the supposed “exclusivity” of the deal—because there isn’t any (unless itRead More

MasterCard Introduces Enhanced Masterpass

MasterCard Introduces Enhanced Masterpass

by August 24, 2016 at 11:01 am 0 comments

MasterCard showed off its updated Masterpass mobile wallet at The Barclays golf event this week. Banks can embed the service to form their own digital wallet, and they won’t even have to pay Apple. There are 17 initial bank partners who supported the enhanced Masterpass, updated as of last month but just now receivingRead More

Uber, Green Dot & MasterCard Expand Instant Pay to Most U.S. Debit Cards

Uber, Green Dot & MasterCard Expand Instant Pay to Most U.S. Debit Cards

by August 16, 2016 at 4:42 pm 2 comments

Uber announced today that the Instant Pay option for its drivers has been  extended to nearly all U.S. debit cards, with the help of MasterCard Send and Green Dot, the operator of the mobile-first bank GoBank. “The expansion offers frictionless, elegant service to Uber, which is the poster child for the on-demand market,” said GreenRead More

Amex Shoots Down OptBlue Rumor

Amex Shoots Down OptBlue Rumor

by August 11, 2016 at 4:33 pm 2 comments

American Express today dispelled market rumors that it would expand its OptBlue program. The program, launched in May 2014, allows merchants who charge less than $1 million a year through American Express, to use one of 18 merchant processors to secure a lower discount rate. Market participants tell Bank InnovationRead More