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Mastercard ties growth to digital strategy

Payments Dive

The network is advancing technologies to let consumers and businesses more easily use its cards, after doubling the number of merchants that accept them over the past five years.

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BMO advances digital strategy in Q1

BankInovation

BMO Financial Group continued to enhance its digital strategy in the first quarter of 2023 via new digital card options, investment in AI capabilities and other automated solutions.

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Making Digital Card Features Stick – And Sticky

PYMNTS

That left FIs scrambling to “rapidly figure out how to get that same emotional and engagement outcome when the possibility of face-to-face is virtually nonexistent,” Randy Piatt , head of product solutions at card technology firm Ondot Systems , told PYMNTS in a recent conversation. Simple: Start with the cards.

Cards 283
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Virtual-Card Adoption – Not An ‘All-Or-Nothing’ Strategy

PYMNTS

As chief financial officers (CFOs) become more familiar with the opportunities of virtual card adoption, they’re also becoming more well-versed on their biggest challenges. This challenge can quickly lead to discouraged finance teams that abandon the effort to implement a v-card program altogether. Going Touchless. .

Strategy 171
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MasterCard CFO On Its Digital Strategy

PYMNTS

In response, the MasterCard executive said: “From a digital point of view, this is not a separate product line item for us. In fact, we are looking at digital as totally connected to the … 16-digit card number that you have on a prepaid card, on a commercial card, on a credit card, on a debit card.

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Underbanked women a focus of Visa, Mastercard's digital strategies

Payments Source

Visa and Mastercard are driving digital transactions by financially empowering women in emerging markets who are unbanked but manage their families’ spending. The card networks are particularly targeting women in gig economy jobs and women-owned businesses.

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Retailers Rethink Store Concepts, Digital Strategies Amid New Realities

PYMNTS

The company also launched a new co-branded Visa rewards card with Alliance Data. The firm also lowered delivery charges and entered into an agreement with TaskRabbit, which offers a team to help customers assemble furniture at home.