MasterCard has won the Award for Financial Inclusion at the 2014 African Banker Awards, in recognition of its far-reaching achievements in extending financial inclusion across Africa. The Award recognises MasterCard as the company that best succeeded in delivering financial products and services to broad segments of society, thus contributing to financial inclusion, development and growth.
Credit cards gained market share against debit and prepaid cards for the third year in a row in 2013, according to the annual report on U.S. payment card spending at merchants published by The Nilson Report, the top trade newsletter covering the card and mobile payment industries. The purchase volume — spending for goods and
Heartland Payment Systems has is introducing Heartland Secure – a comprehensive credit/debit card data security solution that combines three powerful technologies working in tandem to provide merchants with the highest level of protection available against card-present data fraud. Featuring a breach warranty, this innovative solution is designed to provide merchants with protection against point-of-sale (POS)
American Express has announced the expansion of OptBlue, a new merchant acquiring program that extends U.S. small merchant coverage. There are now 10 participating acquirers in OptBlue, five of which are among the top 10 in the United States. New to the program are: First Data, EVO, Merchant e-Solutions and First American Payments Systems. The
MasterCard has announced it will provide integrated processing services to customers across the Middle East and North Africa (MENA) through an end-to-end, multi-brand cards and payments processing center located in the UAE. The center will help customers respond rapidly to changing consumer needs, drive adoption of innovative technology and increase efficiency. Its opening highlights MasterCard’s
Fiserv, a provider of financial services technology solutions, is helping its clients transition to EMV chip-enabled cards by offering an integrated, compliant and cost effective path to EMV-enabled debit and credit card issuance. “Only Fiserv has a full suite of EMV solutions and the comprehensive strategic guidance to help financial institutions through every step of
Supporting its focus to deliver innovative solutions, FIS, the world’s largest provider of banking and payments technology, consulting and outsourcing solutions, has announced the launch of FIS Instant Card. FIS Instant Card allows financial institutions to instantly issue ready-to-use credit, debit or prepaid cards to customers or members in the branch or store location. FIS
MasterCard and PULSE, a Discover Financial Services company, have reached an agreement that will allow financial institutions that issue EMV debit cards that participate in both the MasterCard and PULSE networks to use MasterCard’s common debit solution on those cards. The agreement will help accelerate EMV deployment for the networks’ mutual debit card issuers, merchants
In support of National Small Business Week, on Thursday 15 May the PCI Security Standards Council (PCI SSC), an open global forum for the development of payment card security standards, will host a webinar on basic security tips for small businesses to protect against payment card fraud. The Council will also offer free PCI Awareness
MasterCard gas announced the New Zealand launch of its ground-breaking digital payments technology MasterPass. MasterPass is the digital platform from MasterCard that gives shoppers a seamless, secure and speedy checkout – regardless of where they may be and what device they may be using. MasterPass eliminates the need for consumers to enter detailed shipping and
