MasterCard Incorporated (NYSE: MA) today announced that its Board of Directors has nominated Julius Genachowski and Merit Janow for election as independent directors at the company's June 3, 2014 annual meeting of stockholders.
New Zealand rugby hero Dan Carter, kicked off MasterCard's Worldwide Partnership with Rugby World Cup 2015 in central London today. To celebrate the partnership the world's leading points scorer and MasterCard ambassador fine-tuned his kicking on the River Thames by kicking at London's biggest set of rugby posts, Tower Bridge.
MasterCard has struck a deal to buy PinPoint, a provider of loyalty and rewards service to banks and merchants in Asia Pacific. Financial terms were not disclosed.
Purchases for goods and services from merchants worldwide in 2013 grew by $2.786 trillion or 22.0% to $15.422 trillion*.
MasterCard is expecting an uplift in contactless transactions to lead to a revolution in mobile payments, with the card scheme currently running 50 NFC pilots across Europe.
SIX Payment Services and MasterCard will jointly provide the wallet payment platform MasterPass for card issuing banks.
First Data and MasterCard today announced an agreement in which First Data's STAR Network will participate in MasterCard's common U.S. Debit EMV solution.
MasterCard reported a growth of 40% in gross dollar volume, or GDV, for its prepaid card business across Asia/Pacific, Middle East & Africa (APMEA) for 2013 (y-o-y).
Global Payments Inc. (GPN), one of the largest worldwide providers of payment solutions, today announced that it will implement MasterPass™, a digital payments service that allows consumers to use any payment card or enabled device for an enhanced shopping experience.
President Vladimir Putin says Russia will set up its own payments system after MasterCard and Visa cut off services to several of the country's banks in response to US sanctions.
© Finextra Research 2014