Mastercard announced today a new partnership agreement with Singapore-based tonik, a two-year-old startup that recently received a bank license in the Philippines. Mastercard will enable tonik to issue a range of electronic payments products that tap into Mastercard’s global network and extensive business intelligence when tonik launches operationally in the Philippines, later this year. tonik […]

Digital lending fintech FASTA has partnered with Mastercard to launch South Africa’s first virtual Mastercard credit card, FASTACard. FASTA is a digital finance business offering its customers access to credit via a secure virtual card, enabling them to pay for a wide range of goods, services such as airtime and data, as well as bills. Backed […]

Biometric fintech company Zwipe and Publicenter, Italy’s largest domestic smart card manufacturer, announced the launch of a collaboration aimed at bringing the next generation contactless experience, powered by biometric payment cards and wearables to financial institutions and consumers across Europe. Publicenter is a VISA and Mastercard certified smart card manufacturer, with over forty years of […]

  “The situation has challenged the existing financial practices and has brought in new opportunities as well”, said Yasum Mirza, Chief Business Officer at Access Group (DigitalPass), during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 in their business and on the financial sector in Pakistan. 1. How do […]

Samsung Electronics Co., Ltd has today announced a new partnership between Samsung Pay, the digital banking platform Curve, one of Europe’s leading fintech, and Mastercard to launch the Samsung Pay Card. The all-new digital payment solution will offer Samsung customers greater flexibility and control when managing their finances by offering a single view of spend, whilst also enabling […]

Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million if performance targets are met. The addition of […]

QNB Group, the largest financial institution in the Middle East and Africa, becomes the first bank in Sudan to have successfully performed an international payment card transaction in partnership with Mastercard, a global technology company in the payments industry. The transaction was performed using a Mastercard virtual prepaid card product. QNB is also the first […]

Splitit Payments Ltd, a global payment solutions provider, announces that it has signed a multi-year agreement with global payments technology company, Mastercard Incorporated to accelerate the adoption of Splitit’s installment solution around the world. Splitit will leverage Mastercard’s network of partners to extend and scale installment functionality to consumers and merchants. It will integrate its […]

Mastercard announced that Amazon customers in 12 countries across North America, Latin America, Middle East and Europe will have their stored card credentials tokenized. By replacing a consumer’s physical card number with a token, payment information is unique to each individual transaction and can be used only by the merchant that requested it. Amazon will […]

  Transactis, a Mastercard company and leading billing and payment solutions provider, announced that it has signed an agreement with Payrailz, a digital payments company offering smarter, more engaging payment experiences to banks and credit unions. Payrailz will integrate Transactis’ electronic bill presentment and payment solution, BillerIQ, with its smart payments hub, PayWayz, providing its financial […]