MasterCard (NYSE: MA) announced today that it has been notified of an unsolicited "mini-tender" offer dated February 25, 2015, made by TRC Capital Corporation, a private Canadian investment company, to purchase up to 1,500,000 shares of MasterCard's common stock, less than one fifth of one percent of the outstanding shares of common stock.
Banco do Brazil, PNC Bank and US Bank are set to join the growing band of finacial services firms working with Visa to offer their customers HCE-based contactless mobile payments.
Consumers around the globe continue to use mobile devices rather than dip or swipe payments cards for more of their MasterCard purchases.
UL is proud to announce that its Collis Brand Test Tool is ready for testing of both contact and contactless payment terminals according to MasterCard's M-TIP 2.0 quality assurance process.
Over 100 developers from 15 teams crammed into a co-working space at Fishburners in Sydney for the launch of MasterCard's first-ever global hackathon series, exceeding the card scheme's aspirations for the event.
MasterCard and Silicon Valley Bank are inviting startups doing business in the United States to apply for Commerce.Innovated., a program designed to help commerce-focused startups grow their businesses.
MasterCard is betting that a surge in the use of contactless cards across Europe will act as a gateway for the mass adoption of mobile phone payments.
Global Payout, Inc. (OTC Pink: GOHE), a prepaid card program manager and leading domestic and international payment gateway solutions provider announced today that it has received approval to launch the first Prepaid MasterCard card with state-of-the art "Chip and PIN" technology from North International Bank, LTD (NIB).
MasterCard says it will invest an additional $20 million in cyber-security measures this year, including biometric protection for mobile apps, and early warning alerts on potential threat vectors.
Recaudo Bogotá S.A.S, Bancolombia and MasterCard have announced the inclusion of electronic payments to promote and facilitate access to Bogotá’s Integrated Public Transit System (SITP).
© Finextra Research 2015