Jordan Kuwait Bank partners Mastercard and FOO to launch multicurrency prepaid wallet offering
EliWallet will enable customers in Jordan to “transfer money swiftly across borders”, JKB says.
EliWallet will enable customers in Jordan to “transfer money swiftly across borders”, JKB says.
The payments giants originally agreed to the caps to settle an EU antitrust investigation in 2019.
FinTech Futures takes a look back at five of the top payments stories during June.
FinTech Futures takes a look back at five of the top fintech partnership stories of the month.
Our pick of the top fintech news stories this week includes Starling Bank, Mastercard, Bink and more.
The payment network claims its latest technology convergence will result in “faster and safer checkouts”.
Deutsche Bank, Citi, Mastercard, Northern Trust and trade finance platform Centrifuge all contributed to the report.
Our pick of the top fintech news stories this week includes Visa, Monzo, JP Morgan Payments, Funding Circle and more.
The bank is utilising Mastercard’s open banking platform and Nvidia’s accelerated computing and AI capabilities.
The settlement will see Visa pay $104.6m, while Mastercard will pay $92.8m.
The findings are from the regulator’s newly published interim report on scheme and processing fees for cards.
The bank’s CEO says the partnership will deliver “secure and adaptable financial tools” to consumers.
The pilot was conducted through the fintech supervisory sandbox hosted by the Hong Kong Monetary Authority.
Mastercard’s three new units are Core Payments, Commercial and New Payment Flows, and Services.
Our pick of the top fintech news stories this week includes Robinhood, Mastercard, Visa, Ant Group and more.
The settlement will see credit interchange rates lowered and capped for the next five years.
ChitChat enables users to make immediate USD payment transfers directly within chat conversations.
Our pick of the top fintech news stories this week includes the US Federal Reserve, Starling Bank and more.
Smart Subscriptions enables consumers to cancel, pause and resume their subscription-based payments.
The partnership will focus on expanding Alexbank’s acquiring business and credit card base.
The potential move would see TCS replace Mastercard’s Vocalink as the service’s technology partner.
FinTech Futures takes a look at FS firms that are catering to vulnerable people or people with disabilities.
According to IMF figures, only 26% of the active population in the DRC have a bank account.
FinTech Futures takes a look back at five of the top partnership stories of the year.
The PSR is proposing a cap of 0.2% for debit transactions and 0.3% for credit transactions made online.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
The National Bank of Kazakhstan intends to issue its own CBDC in late 2025.
Mastercard first launched its Biometric Checkout Programme last year with NEC as an early partner.
The bank is adopting Mastercard’s transaction risk management technology to tackle payment fraud.
We chat with Mastercard’s Tim Montgomery and Hania Faridi about the company’s approach to fintech partnerships.
Verizon has revealed it will pilot the solution with its US customers “in the coming months”.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Drivers will be able to complete refuelling payments via an in-car fingerprint scanner.
The UK banking giant has also announced the launch of HSBC TradePay, a document-free digital trade finance solution.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
As of 22 September, Mastercard will be ending its four pilot co-branded Binance card programmes.
BMO is the first global Mastercard issuer to offer contactless virtual cards through Extend.
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Through the Programme, Mastercard aims to bring a “greater understanding” of the pros and cons of CBDCs.
FinTech Futures takes a deep dive into generative AI and how the tech is transforming financial services.