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Payment Expert’s 2023 reflections: winds of change for global crypto?

The past 12 months have seen as active a year as any other in the payments and fintech space. Reflecting on 2023, Payment Expert...

Mastercard & Visa lower card fees for Canadian businesses

Mastercard and Visa have agreed terms with the Government of Canada to lower credit card transaction fees for small businesses in the country.  Small businesses...

Mastercard gets virtual payments boost from Comerma Pay

Mastercard and Comerma Pay are launching a mobile virtual payments offering for the former’s corporate clients, specifically highlighting the travel benefits of the solution. US...

Paysend secures $65m in funding from Mastercard and others

Fintech Paysend has managed to raise a total of $65m with some help from Mastercard as part of its latest funding round.  The fintech firm...

Mastercard JV receives approval for domestic payments processing in China 

Mastercard’s joint venture (JV), Mastercard NUCC Information Technology (Beijing) Co. Ltd, has been approved to begin domestic bankcard clearing activity in China.  The approval was...

NEC partners with Mastercard to drive adoption rate of biometric checkouts 

Mastercard has signed a Memorandum of Understanding (MoU) with technology and electronics company NEC to commercialise biometric in-store checkout transactions.  The partnership will leverage NEC’s...

Otto receives Mastercard Gateway integration to enhance payments in the GCC

Mastercard has entered into a Memorandum of Understanding (MOU) with Middle Eastern fintech Ottu.  The new partnership will integrate Ottu’s services to Mastercard Gateway, unlocking...

Mastercard reveals expected increase in cross-border payments in the next year

In a world where cross-border payments are becoming more of an integral part of the global economy, Mastercard has highlighted this trend in its...

Mastercard and Agoda to digitise B2B travel payments 

Mastercard is expanding its partnership with Agoda, a digital travel platform headquartered in Singapore, in a bid to bolster B2B payments.  The collaboration will specifically...

Mastercard strengthens AI expansion to combat fraud 

Mastercard is taking steps to further expand into artificial intelligence and economics, as it increases support for clients across industries. The banking giant is looking...

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