Remove Mastercard
article thumbnail

Mastercard Commits $500M To Boost Black Communities, Businesses

PYMNTS

Mastercard said it will invest $500 million in Black communities across the U.S. The new initiative will include “concentrated investments that will focus on providing Black-owned businesses and Black people access to affordable financial tools and capital,” Mastercard said in a news release. We can and must do better.

Community 282
article thumbnail

Mastercard Invests in Authentication Startup Hypr

Bank Innovation

EXCLUSIVE – Authentication solution provider Hypr has received a sizable investment from Mastercard to expand its technology to Mastercard’s ecosystem as well as major banks and financial institutions. Today’s round was led […].

New York 284
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Payroll Cards Find Opportunity In Corporates’ Digitization Push

PYMNTS

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. Boost Bolsters BMO Harris Bank’s Biz Cards. ” Mastercard, EedenBull Expand Into APAC. Global Cash Card’s Legal Saga Ends.

Cards 208
article thumbnail

MoneyLion Launches Advanced Mobile Banking

PYMNTS

MoneyLion , the New York-based mobile bank, announced the launch of RoarMoneySM, a demand deposit account powered by MetaBank N.A. with Mastercard as its exclusive card network. RoarMoney promises faster access to customer funds and secure contactless payment options.

Mobile 175
article thumbnail

Top News In Payments: Uber Eats Adjusted Net Sales Surge 154 Pct; NYSE Owner Abandons Plans To Buy eBay

PYMNTS

New York Stock Exchange owner International Exchange (ICE) said it is not going to pursue plans to purchase eBay, after ICE shares slid dramatically at the news and the company lost $5 billion in market value. Mastercard: Why A Truly Connected Economy Needs A New Security Paradigm. PYMNTS has updates.

Payments 130
article thumbnail

NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms

PYMNTS

In one case at the state level (and it’s New York, so movement there carries much weight within the financial arena), Bloomberg reported that NY’s financial regulator is challenging what the newswire terms a “fundamental principle” on bank and FinTech relationships that brings interest rate caps into that regulator’s crosshairs.

Fintech 100
article thumbnail

Deep Dive: Pandemic Boosts Demand For In-Store And eCommerce BNPL Options

PYMNTS

New York-based BNPL provider Splitit is adding clients after more retailers began to offer its solution, and it processed more than $65 million in merchant sales in the second quarter of 2020, representing a 260 percent year-over-year increase. Consumers are seeking BNPL solutions for more than just necessary purchases, however.

Retail 146