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Mastercard Commits $500M To Boost Black Communities, Businesses

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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. Louis and Dayton, Ohio.

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Mastercard: The Inclusive Futures Of Cities, SMBs And The Next-Gen Workforce

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Vosburg told Webster that Mastercard knows well the issues of financial inclusion and the need for governments and the private sector to work together to enable access to financial services. The challenge for Mastercard, Vosburg told Webster, was finding a way to have the inclusion conversation in the U.S.

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Faster Payments And The Fed, Two Years On

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David Sapenaro, first vice president and chief operating officer of the St. Challenges the task force needs to address include identity management, data protection and information sharing. To that end, the Fed held a webinar late last month titled “ Next Steps in the Payments Improvements Journey.”.

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