Tag: NYSE:MA

Business

Mastercard Collaborates With Island Pay To Unveil The Bahamas Sand Dollar Central Bank Digital Currency

Mastercard Inc (NYSE:MA), Island Pay, and Central Bank of the Bahamas want to improve how people shop and pay for products. The parties unveil the Bahamas Sand Dollar central bank digital currency, which spells out greater flexibility. Bahamians will have an easy time paying for goods and services because all […]

Business

MasterCard Inc. (NYSE:MA) Partners With ASAP Concur On Expense And Invoice Management in APAC

Payment processor MasterCard Inc. (NYSE:MA) and expense management firm SAP Concur have partnered to offer more efficient and faster expense and payment management solutions to companies in the Asia Pacific region. MasterCard and ASAP Concur to offer expense and cost management solutions With governments and businesses seeking to optimize credit […]

Business

MasterCard Inc. (NYSE:MA) Offering 10 Fintech Firms Opportunity To Participate in The Start Path Program

MasterCard Inc. (NYSE:MA) has welcomed ten fintech companies from across the globe to take part in Start Path, its award-winning startup engagement program, to boost the future of commerce. The company is helping fintech firms accelerate how they change the world by bridging the digital divide and addressing the needs […]

Business

The US Federal Government Sues Visa Inc. (NYSE:V) Over Proposed $5.3 Billion Acquisition of Plaid

The US federal government has filed a lawsuit blocking Visa Inc.’s (NYSE:V) acquisition of fintech company Plaid, stating that the $5.3 billion acquisition is against antitrust laws. According to the Justice Department, Visa is a monopolist in online debit transactions, and the merger will do away with an emerging competitive […]

Business

COVID-19 Pandemic Impacts Visa (NYSE:V) MasterCard (NYSE:MA), And American Express’ (NYSE:AXP) Profits With Weak Cross-Border Spending

Profits of credit card companies Visa Inc. (NYSE:V), MasterCard Inc. (NYSE:MA), and American Express (NYSE:AXP) have been greatly affected by the pandemic as global travel came to a halt. Pandemic impacted profits of credit card companies In the most recent quarter, the companies reported a double-digit drop in their bottom […]

Business

Visa (NYSE:V) and MasterCard Inc. (NYSE:MA) Unveil Initiatives To Leverage Booming Digital Payment Opportunities

There is a digital payments boom and a shift from the traditional electronic payments systems. Most countries have had a national payment network authorized by a central authority to transfer money between banks. This is time-consuming as the funds could take days and their tracking was challenging. Growing competition in […]