Mastercard - News, Articles & Research

TomoCredit raises $10m for credit-building card

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $10 million in a Series A funding round led by Kapor Capital and KB Investment, a subsidiary of South Korea’s Kookmin Bank.

16 September 2021

Company announcement/sustainable

TSB introduces New Zealand’s first 85% biodegradable debit Mastercard

TSB has partnered with Mastercard to launch a new Debit Mastercard card with one unique twist – the card is 85% biodegradable meaning once expired, it can break down much faster than a standard bank card.

14 September 2021

News/crypto

Mastercard buys crypto intelligence firm CipherTrace

Mastercard continues to strengthen its digital asset capabilities, buying cryptocurrency intelligence outfit CipherTrace. Financial terms were not disclosed.

09 September 2021

News/sustainable

New Energy Nexus launches climate fintech cards and payments challenge

Global network of accelerators and funders of climate solutions, New Energy Nexus, has just announced the launch of its Climate Fintech: Cards & Payments Challenge (C&P Challenge).

08 September 2021

News/retail

Mastercard expands open banking reach through Aiia acquisition

Mastercard has agreed to buy Danish open banking technology outfit Aiia. Financial terms of the deal were not disclosed.

07 September 2021

News/retail

NatWest and Mastercard extend payments app to almost half of UK mobile banking users

NatWest and Mastercard have announced the extension of their Pay by Bank app (PbBa) for secure online payments to mobile app users across NatWest Group brands Royal Bank of Scotland, Ulster Bank and Coutts.

23 August 2021

News/payments

CAT clears way for £10bn Mastercard class action

A £10 billion class action lawsuit against Mastercard over interchange fee charges is finally set to go ahead after getting certified by the Competition Appeal Tribunal (CAT).

19 August 2021

Company announcement/sustainable

Mastercard and partners pledge to plant 75,000 trees

Together with its partners ekko and HELPFUL, Mastercard has pledged to donate and plant 75,000 trees in support of the Round Britain Climate Challenge, the first ever circumnavigation attempt of mainland Britain with an electric paramotor.

18 August 2021

News/payments

Mastercard swipes left on magnetic stripe cards

Mastercard is to phase out the magnetic stripe from all of is debit and credit cards, ditching an anachronistic payment method that has been redered obsolete by the emergence of chip-based cards.

17 August 2021

Company announcement/startups

Mastercard Start Path welcomes latest batch

Today the award-winning global startup engagement program Mastercard Start Path welcomes 11 fintech companies to receive dedicated support, access to customers and product teams, and opportunities to co-innovate.

12 August 2021

Company announcement/payments

EedenBull Integrates Mastercard Track

Today, EedenBull, the leading fintech specialising in B2B commercial payments technology, has announced participation in Mastercard Track™ Business Payment Service to enhance its innovative Commercial Payments as-a-service (CPaaS) solution

04 August 2021

Company announcement/people

LendKey adds Joe Proto to board

LendKey, the fintech company on a mission to make lending simpler, announced today the appointment of Joe Proto, EVP Senior Advisor at Mastercard, to its Board of Directors. Proto currently serves on LendKey’s advisory board and is Chairman for Dade Systems, a leading fintech provider of integrated accounts receivables solutions.

27 July 2021