Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 30

Posts Tagged ‘MasterCard’

Mastercard Acquires RiskRecon to Enhance Cybersecurity Capabilities

Posted by fidest press agency su sabato, 28 dicembre 2019

Mastercard (NYSE: MA) today announced an agreement to acquire RiskRecon, a leading provider of artificial intelligence and data analytics solutions to support companies in protecting their cyber systems and infrastructure.In a rapidly evolving digital world, cybercrime is a pertinent threat to business. Large-scale data breaches and ransomware attacks place billions of records at risk each year, jeopardizing consumer trust.“The innovations from the talented team at RiskRecon will further accelerate our suite of cyber solutions designed to help financial institutions, merchants and governments secure their digital assets,” explained Ajay Bhalla, president of cyber and intelligence for Mastercard. “Through a powerful combination of AI and data-driven advanced technology, RiskRecon offers an exciting opportunity to complement our existing strategy and technology to secure the cyber space.” With RiskRecon’s pioneering scanning and evaluation technologies, organizations can proactively manage cyber risks, better safeguarding critical intellectual property and consumer and payment data. In addition to supporting Mastercard solutions, RiskRecon will continue to provide cyber security solutions across a broader set of industries, including healthcare and manufacturing.“Mastercard has been one of those brands that has stood out as a true innovator, focusing on the real problems of real businesses,” said Kelly White, chief executive officer and co-founder, RiskRecon. “By becoming part of their team, we have an opportunity to scale our solution and help companies in new industries and geographies take steps to better manage their cybersecurity risk.” Terms of the agreement were not disclosed. The transaction, which is anticipated to close in the first quarter of 2020, is subject to customary closing conditions.

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PayPal and Mastercard Extend Instant Transfer to Singapore & Europe

Posted by fidest press agency su sabato, 30 novembre 2019

Following the success of its Instant Transfer feature in the U.S., PayPal and Mastercard recently extended the service to Mastercard cardholders in Singapore and a number of European countries.Mastercard Send™ is an application that leverages the card network infrastructure to facilitate the secure availability of funds in real-time*. With Mastercard Send™, PayPal users can transfer their account balances to eligible Mastercard cards seamlessly and conveniently, typically within seconds*. Since 2017, this service has allowed millions of Mastercard cardholders to transfer their PayPal balances to an eligible Mastercard card.Since sales proceeds are available immediately*, Instant Transfer allows PayPal’s business users to optimize cash flow and improve liquidity. Mastercard issuers could see increased consumer engagement as a result of the Instant Transfer feature in the PayPal wallet. Shari Krikorian, Senior Vice President, Products and Innovation at Mastercard comments: “We are excited to partner with PayPal on its wider roll-out of Instant Transfer to more users in more markets beyond the U.S. This extension to our long-standing partnership with PayPal is another example of how we are leveraging our joint expertise and focusing on innovation to help even more people access their money quickly and easily.” Jennifer Marriner, Vice President, Global Markets and Partnerships at PayPal comments: “Providing instant access to funds requires innovation and partnership within the financial industry in order to deliver an ideal customer experience. At PayPal, we are constantly innovating and working with important partners like Mastercard to deliver on these innovations. By expanding Mastercard Send into new countries it adds another choice for our customers to access their money even faster.” PayPal will launch its Instant Transfer with Mastercard Send™ in Singapore followed by multiple European markets.

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Mastercard Blockchain to Bring Visibility to Food Systems

Posted by fidest press agency su mercoledì, 30 ottobre 2019

Consumers increasingly want to know the story behind the food that they consume – the source of the produce, meats and seafood, and their journey to the table. Mastercard is collaborating with Envisible, a company that enables supply-chain visibility in food systems to bring more visibility to food that people eat every day. Envisible’s Wholechain traceability system will be powered by Mastercard’s blockchain-based Provenance Solution and used by Topco Associates, LLC, a leading United States food cooperative, to help its member-owners’ supermarkets trace and highlight the origin of seafood. Topco is working with its member grocery chains, starting with Food City, to pilot the use of the technology to provide better line of sight into ethical sourcing and environmental compliance of the seafood selection sold at their stores. The first of several species to be tracked will be salmon, cod and shrimp.“Given consumers’ expectations for reliable information about the food that they eat, we’re excited to partner with Food City and Envisible on this trace and provenance solution pilot, and the promise of Envisible’s Wholechain solution,” said Scott Caro, senior vice president of Fresh, Topco.“Using Envisible Wholechain, powered by Mastercard, our grocers will be able to stock shelves with confidence and also be able to pinpoint issues in the food chain during any unfortunate events such as recalls,” added Dan Glei, executive vice president, Merchandising and Marketing, Food City.
With over 100 blockchain patents filed, Mastercard is number three globally among top blockchain innovators1. The company has built a permissioned blockchain network that is integrated with its global network and provides a secure tamper-proof ledger, high transaction throughput, enhanced security, transaction privacy, and support for multiple use cases with one deployment.
Built on its proprietary blockchain technology, the Mastercard Provenance Solution is industry-agnostic and helps brands provide visibility into product journeys and a clear record of traceability designed to contribute to consumer confidence, trust and awareness. The Mastercard Provenance Solution also provides governance capabilities to complex supply chain networks, leveraging Mastercard’s proven track record of establishing trust and rules in highly-regulated markets.

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Brex and Mastercard Partner on U.S. Expansion

Posted by fidest press agency su domenica, 27 ottobre 2019

Mastercard today announced that Brex, the financial technology company that helps ambitious companies scale, has partnered with Mastercard as its preferred network to bring cutting-edge technology and top-tier benefits to its corporate card portfolio in the United States. This is a further investment in a partnership that began earlier this year when Brex started issuing World Elite Mastercard for Business®. Under the program, Brex Mastercard cardholders will receive segment-specific benefits in addition to the core benefits of the Mastercard World Elite program. World Elite program benefits will include cell-phone insurance, rental car insurance, and ID theft protection, while the Brex rewards program will provide $50,000 worth of partner offers from AWS, Salesforce, Zoom, and many more.San Francisco-based Brex provides startup founders, ecommerce, and life science companies corporate credit cards that require no personal guarantees, deposits or credit scores. In addition to their card programs, Brex provides easy-to-use financial and expense-management tools for seamless reconciliation. Brex has grown at breakneck pace over the last two years – since it was launched, the company has both identified and solved for challenges that have plagued small businesses and entrepreneurs through access to credit.“We are pleased to announce an expanded partnership with Mastercard to continue our shared mission to support the entrepreneurial ecosystem,” said Henrique Dubugras, co-founder and co-CEO at Brex. “Leveraging the depth of Mastercard’s payments platform and global scale allows us to innovate on features and technology that better serves our customers.”
Mastercard’s technology is industry-leading and will enable Brex to address the needs of an expanding customer base. By working with Mastercard, Brex will leverage the network’s platform innovation to develop new features, rewards, and experiences for its cardholders.“Co-creation is in our DNA. We are pleased to deepen our partnership with Brex, a leader in providing corporate card programs to other technology and life sciences companies,” said Craig Vosburg, president of North America, Mastercard. “From launch to expansion, we make it easy for fintechs to collaborate with us and use our technology and products to deliver innovative solutions to meet their customers’ needs. Our dedicated programs for fintechs ensures that we are focused on helping and enabling them with digital technologies, commercial connections, and strategic investments.” Brex card rewards and other functionalities are providing businesses the head start that they need to succeed.

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Mastercard Announces Webcast of Investment Community Meeting

Posted by fidest press agency su lunedì, 2 settembre 2019

Mastercard Incorporated (NYSE: MA) today announced it will webcast its Investment Community Meeting on September 12, 2019. Members of the senior management team will provide updates on the company’s strategy, products and business initiatives at that time. The meeting will begin at 8:30 a.m. Eastern Time. The live audio webcast of the meeting and a replay will be available for 30 days at http://www.mastercard.com/investor. You must be an investment professional to attend in person. The slides used in the executives’ presentations will be posted on the company’s website in advance of the meeting.Mastercard (NYSE: MA), http://www.mastercard.com, is a technology company in the global payments industry. Our global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

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Mastercard Gets Miami Commuters Tapping on Public Transit

Posted by fidest press agency su sabato, 24 agosto 2019

Mastercard today announced its partnership with transportation solutions provider Cubic Transportation Systems, and Miami-Dade County Department of Transportation and Public Works (DTPW) to enable tap-and-go payments at Miami’s Metrorail stations. This service is expected to expand to the Metrobus service later this year, and will benefit millions of travelers who typically use the public transit system in the city.In addition to partnering with DTPW to upgrade its ticketing technology, Mastercard is working with the agency to evaluate how transit tap-and-go payments can facilitate seamless integration with ride share services. The goal of this partnership is to optimize connections to and from train stations and bus stops.The launch of contactless payments in Miami builds off the work Mastercard is doing to transform transit ticketing in more than 20 U.S. cities.“Transit is serving as an important catalyst to drive the use of contactless payments in the U.S.,” said Linda Kirkpatrick, executive vice president, U.S. Merchants and Acceptance, Mastercard. “When commuters use contactless payments for transit, there’s a halo effect on nearby contactless-enabled merchants, especially coffee shops, grocery stores and pharmacies. Mastercard’s long-standing support and investment in transit solutions makes it uniquely positioned to drive this transformation.” According to Mastercard, contactless payments momentum in the U.S. is reaching a tipping point. Sixty percent of US Mastercard volume occurs at contactless-enabled merchants. In New York City, where the MTA enabled contactless payments in the subway, the company has seen contactless volume grow at a record pace. Consumers are now leveraging contactless more for their everyday purchases, completely transforming the speed and efficiency of the payment experience.

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Mastercard to Participate in Upcoming Investor Conferences

Posted by fidest press agency su giovedì, 23 maggio 2019

Mastercard Incorporated (NYSE: MA) today announced its participation in the following investor conferences in the month of June:
On Wednesday, June 5, Sachin Mehra, chief financial officer, will present at the William Blair Growth Stock Conference in Chicago. The discussion will begin at 9:00 a.m. Eastern Time and last for approximately 30 minutes.
On Tuesday, June 11, Linda Kirkpatrick, executive vice president, Merchants & Acceptance, will present at the Morgan Stanley Financials Conference in New York City. The discussion will begin at 3:15 p.m. Eastern Time and last for approximately 40 minutes.There will be a live audio webcast of each discussion and replays will be archived for 30 days at http://www.mastercard.com/investor.
Mastercard (NYSE: MA), http://www.mastercard.com, is a technology company in the global payments industry. Our global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.

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Euronet Launches Prepaid Card Issuing, Processing and BIN Sponsorship Solutions Across Europe

Posted by fidest press agency su lunedì, 6 maggio 2013

LEAWOOD, Kan. (GLOBE NEWSWIRE) — Euronet 360 Finance Ltd., a subsidiary of Euronet Worldwide (Nasdaq:EEFT), announces the launch of end-to-end prepaid card issuing, processing and BIN sponsorship solutions in Europe.Euronet 360 Finance Ltd., under the supervision of the UK’s Financial Conduct Authority (FCA), is now providing both electronic money and payment services through card issuing, BIN sponsorship and payment card acquiring. By passporting the e-money license across the Single Euro Payments Area (SEPA) territory (except Monaco), Euronet 360 Finance Ltd. is able to issue cards and process transactions across the entire European Economic Area (EEA).Euronet 360 Finance Ltd. is also a member of MasterCard Europe sprl., thus allowing issuing of open loop products across the SEPA region containing MasterCard, Maestro and Cirrus brands. Open loop cards provide cardholders the ability to use electronic funds at any MasterCard branded locations around the world.The European prepaid cards market is forecast for year-on-year double digit growth and widely acknowledged as the sector with the greatest growth opportunities in the next five years. Euronet’s complete prepaid card solution provides non-FCA licensed organizations with the ability to quickly, easily and cost effectively enter the prepaid card arena. Card users have the optimal ability to reload their cards using the vast POS, ATM and partner bank network of Euronet Worldwide in addition to its epay and RIA subsidiaries throughout Europe.Standard features of Euronet’s prepaid card solution include the support of physical and virtual cards, for one-time, gift card or reloadable use. Contactless functionality is also supported by MasterCard Paypass, allowing low value transactions to be performed on appropriate devices without the need to insert a card or PIN into a terminal. With prepaid card solutions live or under implementation in 10 European markets, Euronet 360 Finance Ltd. understands the underlying needs of each individual EEA market and is at the forefront of developing relevant and profitable features to meet customer needs.”Euronet Worldwide’s technological infrastructure, combined with the reach, capability and proven track record of its existing client base, clearly positions Euronet 360 Finance Ltd. and its partners to monetize the projected growth of this sector,” stated Ian Dickinson, Managing Director of Euronet 360 Finance Ltd. “Euronet’s processing pedigree, combined with our extensive capability and geographic footprint provides our customers and prospects with an opportunity to offer solutions to their clients without any material up-front expenditures, ensuring their ability to protect, grow and evolve their business and market share with speed and security,” added Nikos Fountas, Executive Vice President and Managing Director, Euronet Europe EFT Division.Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The Company offers payment and transaction processing solutions to financial institutions, retailers, service providers and individual consumers. These services include comprehensive ATM, POS and card outsourcing services, card issuing and merchant acquiring services, software solutions, consumer money transfer and bill payment services, and electronic distribution for prepaid mobile phone time and other prepaid products.

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Banche: stop speculazioni sulle carte di credito

Posted by fidest press agency su sabato, 26 maggio 2012

MasterCard Classic

MasterCard Classic (Photo credit: Wikipedia)

“La sentenza del Tribunale europeo sulle carte di credito segna un importante passo avanti nella strada per incentivare l’uso della moneta elettronica”. E’ quanto dichiara Massimiliano Dona, Segretario generale dell’Unione Nazionale Consumatori (UNC), esprimendo soddisfazione per la decisione dei giudici di Lussemburgo di vietare le commissioni interbancarie multilaterali applicate dalla MasterCard. “Come già aveva dichiarato la Commissione europea nel 2007 -ricorda Dona- queste commesse limitavano la concorrenza e facevano lievitare i costi sostenuti dai commercianti che accettavano il pagamento con carta di credito. Oggi -prosegue l’avvocato Dona- la decisione dei giudici europei equipara la moneta elettronica al denaro contante garantendo il ‘principio dell’indifferenza del commerciante’ per cui il negoziante non avrà più alcun svantaggio ad essere pagato con carta di credito piuttosto che in contanti. A tutto beneficio dei consumatori !” “Ci auguriamo -conclude Massimiliano Dona- che la sentenza avrà le giuste ripercussioni anche su altri procedimenti relativi alle commissioni nazionali in corso negli Stati membri”.

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DataCash and MasterCard Launches eCommerce Payment Processing in Japan

Posted by fidest press agency su sabato, 28 aprile 2012

London (PRNewswire) DataCash enables multi-market, local payment processing to merchants in third largest eCommerce market in the world Payments services provider, DataCash, a MasterCard company, has today announced that it has commenced eCommerce payment processing in the world’s third largest eCommerce market, Japan.
The launch will provide merchants seeking to enter the Japanese market, with the ability to accept payments in Japanese Yen in a broad range of payments brands including Japan Credit Bureau (JCB), Japan’s largest credit card company, MasterCard, Visa and Diners.This has been achieved through DataCash’s collaboration with MasterCard and extends DataCash’s international capabilities to offer its merchants the ability to accept domestic and international payments across 180 countries in over 170 currencies.Ajay Bhalla, president at DataCash, said, “This is a major milestone for DataCash as Japan is a key market for the global eCommerce industry. We recognise that merchants are increasingly adopting multi-market, local processing models and this launch is testament to our commitment to delivering these merchants with a solution to capitalise on today’s global opportunities.”The payments industry is in an increasingly dynamic environment with new and exciting technologies, such as the emergence of mobile solutions and advanced fraud tools. We believe that our move in to the Japanese market will allow us to in the future, bring forward these propositions and enable a holistic international payments system for our merchants.”
Founded in 1996, DataCash Group Ltd (part of MasterCard Incorporated) provides multi-channel global payment processing services and advanced fraud prevention and risk management solutions to merchants and banks. As a global partner to some of the world’s most recognisable brands in the gaming, travel, retail and finance sectors, DataCash combines smart thinking and an end-to-end solution to help its customers transcend the complexities and expense associated with payment processing. Advanced technology from DataCash enables customers to accept and process payments in over 177 currencies, from over 45 brands across e-commerce, m-commerce channels and cardholder present channels – with the security and confidence of tools tailored to meet exacting and expanding business needs. DataCash customers protect their brand and reputation, enhance end-user experience and capitalize on new global market opportunities.

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