Alan Marquard, head of transfer solutions at Mastercard, told PYMNTS that remittances are ripe for continued transformation — to digital channels, and to digital wallets, which make international fund flows cheaper, faster and more convenient. Earlier this month, Mastercard announced a new connection with China’s Alipay, which enables bank, FinTech and corporate clients to offer …
First-party fraud is, increasingly, warranting a first line of defense from the payments networks, using data and AI to uncover what’s really going on with transactions and whether consumers are initiating fraudulent disputes. Picture, then, the cardholder who challenges a legitimate charge on their account. Mastercard noted in an online posting Monday (March 18th) that the …
Noise has entered into a partnership with Airtel Payments Bank and Mastercard. As part of this association the companies has announced a new way to pay using a smartwatch. The domestic manufacturer has announced the launch of Airtel Payments Bank Smartwatch which is aimed at making contactless payments. The company claims to bring Tap and …
MasterCard and MTN Group Fintech partnership to launch a prepaid virtual card tailored for MTN’s MoMo. MasterCard and MTN Group continue to deepen their relationship as they jointly unveiled a prepaid virtual card, targeted at the telco’s Mobile Money (MoMo) users The deal will allow MoMo users to transact at over 100 million points globally, while …
Mastercard and MTN Group Fintech have partnered to help consumers and small businesses across Africa transact through mobile payments. With this partnership, Mastercard’s technology will support MTN’s FinTech platform, which has 290 million subscribers and 60 million active monthly MTN Mobile Money (MTN MoMo) wallets, the companies said in a Wednesday (Feb. 28) press release. …
China has pledged to make it easier for foreigners to use payment apps and to reduce barriers for the private sector as part of its latest efforts to restore investor confidence. On Friday state news agency Xinhua reported that the State Council, China’s cabinet, had approved unspecified measures to make it easier for foreigners and …