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Page 5 - Mastercard

Plastic fantastic: Visa, Mastercard could be the next $1 trillion companies

Stock prices of both Visa and Mastercard have gained roughly 50 per cent in the past year.

Plastic fantastic: Visa, Mastercard could be the next $1 trillion companies
Updated On : 31 Jan 2020 | 12:04 PM IST

US payments giant Mastercard invests in Indian firm Pine Labs

The market opportunity in India for installment-based payments on consumer goods will hit $16.9 billion in 2021 and is expected to jump to $52.5 billion in 2025

US payments giant Mastercard invests in Indian firm Pine Labs
Updated On : 24 Jan 2020 | 6:04 PM IST

Mastercard to invest $1 bn in India over 5 years towards tech development

Investment to feed development of new technology, products

Mastercard to invest $1 bn in India over 5 years towards tech development
Updated On : 17 Jan 2020 | 9:02 PM IST

Mastercard, Federal Bank join hands to make digital transactions safer

Mastercard has entered into a partnership with Federal Bank to offer identity check to the bank's cardholders, it said in an announcement

Mastercard, Federal Bank join hands to make digital transactions safer
Updated On : 12 Dec 2019 | 4:05 PM IST

Mastercard says it will meet Dec-end target for data localisation in India

However, says the card payments major, restricting data flows in digital transactions will affect the quality of fraud detection and assessment

Mastercard says it will meet Dec-end target for data localisation in India
Updated On : 17 Oct 2019 | 1:24 AM IST

Mastercard continues to battle rising challenge of digital fraud

As businesses go digital, mitigating cybersecurity issues remains prime focus for the company

Mastercard continues to battle rising challenge of digital fraud
Updated On : 29 Aug 2019 | 9:01 PM IST

In a first, Mastercard enables one-time password-less transactions

A new mobile-first authentication solution rolled out by the payments major allows such transactions only for deals below Rs 2,000

In a first, Mastercard enables one-time password-less transactions
Updated On : 06 Aug 2019 | 7:58 PM IST

Mastercard starts deleting Indian transactions data stored overseas

Process of removing consumer information may be completed by the end of this year

Mastercard starts deleting Indian transactions data stored overseas
Updated On : 22 May 2019 | 2:51 AM IST

Mastercard to double India headcount by 2024 following $1 bn investment

Betting big on the growth of Indian digital payments market, Mastercard recently announced an investment of $1 billion over the next five years on increasing infrastructure

Mastercard to double India headcount by 2024 following $1 bn investment
Updated On : 16 May 2019 | 4:40 PM IST

Mastercard to invest $1 bn in India, plans to make country global tech node

This investment will help foster innovation and increase Mastercard's speed-to-market capabilities and value-added services

Mastercard to invest $1 bn in India, plans to make country global tech node
Updated On : 07 May 2019 | 12:23 AM IST

Mastercard is moving from 'facilitation' to 'flow' biz: Raja Rajamannar

Demonetisation was a game changer. It created an immediate reason for people to experience the ease, safety and security of digital payments, says Mastercard's Rajamannar

Mastercard is moving from 'facilitation' to 'flow' biz: Raja Rajamannar
Updated On : 24 Apr 2019 | 10:55 PM IST

Mastercard looks beyond payments space for growth in Indian markets

Focusing on identity authentication as well as distribution and technology partnerships

Mastercard looks beyond payments space for growth in Indian markets
Updated On : 15 Feb 2019 | 1:57 AM IST

Mastercard CFO Martina Hund-Mejean to retire, Sachin Mehra to succeed

Mehra will take over Hund-Mejean's position as CFO on April 1, and will report to Ajay Banga, the company's chief executive officer.

Mastercard CFO Martina Hund-Mejean to retire, Sachin Mehra to succeed
Updated On : 13 Feb 2019 | 9:27 PM IST

EU fines MasterCard $648 mn for artificially raising costs of card payments

Credit card payments have been a target of EU antitrust enforcement for nearly two decades

EU fines MasterCard $648 mn for artificially raising costs of card payments
Updated On : 23 Jan 2019 | 12:49 AM IST

We never complained to US against RuPay: Mastercard's Porush Singh

'We have started an India investment fund, not only to buy more companies but also to do partnerships. We have done a few and some have been successful'

We never complained to US against RuPay: Mastercard's Porush Singh
Updated On : 18 Dec 2018 | 12:56 AM IST

Mastercard to start deleting data of Indian cardholders from global servers

Mastercard has proposed to the RBI that Indian data would be stored locally and nowhere else

Mastercard to start deleting data of Indian cardholders from global servers
Updated On : 17 Dec 2018 | 12:23 AM IST

Storing India payments data locally amid RBI new rules, says Mastercard

The Indian central bank in April said companies such as Mastercard, Visa and American Express will from October need to store their payments data "only in India"

Storing India payments data locally amid RBI new rules, says Mastercard
Updated On : 30 Oct 2018 | 9:35 PM IST

Thanks to Grab deal, those without bank account can now get a Mastercard

The value of the cards can be topped with cash to spend at any of the three million merchant outlets that accept Mastercard

Thanks to Grab deal, those without bank account can now get a Mastercard
Updated On : 25 Oct 2018 | 8:58 AM IST

Mastercard plans to invest around Rs 16.25 billion in India by 2019

The company's India workforce comprises 14 per cent of its global staff strength, and is the largest outside the US

Mastercard plans to invest around Rs 16.25 billion in India by 2019
Updated On : 27 Jul 2018 | 1:10 AM IST

Mastercard to leverage fintech partnerships for greater merchant acceptance

Mastercard looks at all spectrums for growth in India

Mastercard to leverage fintech partnerships for greater merchant acceptance
Updated On : 08 Jul 2018 | 6:45 AM IST