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Economy & Finances

Mastercard Gets in the Giving Spirit with Support for Stand Up To Cancer

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See a Movie, Make a Difference When the family has had enough of holiday shopping, take some time out for a movie and help make a difference at the same time. Beginning November 25, 2016, when moviegoers use their U.S. Mastercard in Masterpass to purchase movie tickets on Fandango or in the Fandango app through December 31, 2016, Mastercard will donate $10 for each transaction to Stand Up To Cancer, up to a total of $500,000. Masterpass is a digital payment service from Mastercard that enables consumers to look no further than their own tru... Read More »

Android Pay now available to Mastercard cardholders in Poland

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Poland is the first country in Central and Eastern Europe region and the second country in Europe (after the UK) to roll out the Google service. On the launch date, Android Pay is available in Poland to the holders of Mastercard cards issued by Alior Bank, T-Mobile Banking Services and Bank Zachodni WBK. Other banks will be successively deploying the Google service. “Our MDES technology, enabling Android Pay, provides Mastercard cardholders with convenience and security. We are happy that Google has chosen Poland as the second European marke... Read More »

Mastercard and American Airlines Announce Exclusive OneRepublic Concerts

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The Fillmore Philadelphia in Philadelphia, Pennsylvania on Nov. 29 will be the first stop for the band, which just released its fourth studio album Oh My My. On Nov. 30, OneRepublic will head to Dallas, Texas to play at the House of Blues Dallas. Tickets for both shows are on sale now from Ticketmaster. Fans in Philadelphia can purchase tickets here, and tickets for Dallas are available here. “Working with Mastercard and American Airlines to bring intimate, one-of-a-kind performances to our fans is really exciting for us,” said Ryan Tedder, ... Read More »

NDB Collaborates with HomeSend to Widen Reach of Remittance Offering

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“In line with our vision of being a driving force for a financially empowered Sri Lanka, our partnership with HomeSend is part of our commitment to enhancing our service offerings and offering greater value to our customers. Given the extensive network of remittance services connected to the HomeSend Hub, this will effectively extend the reach of our e-Remittance service and allow millions of Sri Lankan’s living abroad to remit funds directly to their loved ones’ bank accounts at NDB,” said Raj Aboobucker Vice President -Institutional Banking o... Read More »

Samsung Pay Launches Partnership with Sberbank

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With the new partnership, Samsung Pay is now available with seven major banks including Alfa Bank JSC, VTB 24 OJSC, MTS OJSC, Reiffeisen Bank JSC, Russian Standard Bank JSC and Yandex LLC.   To use Samsung Pay, customers simply need to open the Samsung Pay app and tap their compatible* Samsung device against the NFC or MST reader to make a payment.   Mr. Arkadiy Graf, Head of Samsung Mobile Russia, said, “Since September 28, Samsung Pay has provided our Russian users with a simple and secure payment method that can be used... Read More »

Mastercard Incorporated Reports Third-Quarter 2016 Financial Results

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Net revenue for the third quarter of 2016 was $2.9 billion , a 14% increase versus the same period in 2015. Net revenue growth was driven by the impact of the following: An increase in processed transactions of 18%, to 14.5 billion; An increase in cross-border volumes of 12%; and An 11% increase in gross dollar volume, on a local currency basis and adjusting for the impact of recent EU regulatory changes, to $1.2 trillion . These factors were partially offset by an increase in rebates and incentives, primarily due to increased volume... Read More »

Mastercard Makes Commerce More Conversational With Launch of Chatbots for Banks and Merchants

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Today at Money 20/20, Mastercard announced its plans to launch artificial intelligence (AI) bots that allow consumers to transact, manage finances, and shop via messaging platforms.  According to research firm Gartner, nearly $2 billion in online sales will be performed exclusively through mobile digital assistants by the end of 2016.1 Mastercard is developing bots for both its merchant and bank partners, which will use chat, messaging and natural language interfaces to communicate with consumers. With the Mastercard bots, partners can have ... Read More »

Governor Cuomo Announces New Payment Options for MTA eTIX

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“We have worked tirelessly to rebuild and reimagine New York’s transit system for the 21st century and a key part of those efforts is to incorporate the amenities that modern day riders demand,” Governor Cuomo said. “By adding the use of cutting edge technology like Apple Pay and Masterpass, we are not only making mass transit easier to use, but are also improving the overall experience of riders.” Earlier this summer, Governor Cuomo announced that MTA eTix, which had been scheduled for completion by the end of 2016, would be accelerated so ... Read More »

Mastercard Accelerates the Pace of Commerce Innovation with Launch of Mastercard Developers

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The experimental APIs, developed at the company’s eight R&D Labs around the world, will help partners build, scale and enable payments on new platforms. At the same time, they will have a foundation to explore payments integration into new categories such as augmented reality, virtual reality and the Internet of Things. “We see Mastercard Developers as empowering our customers, partners and their developers in their efforts to innovate and grow their own businesses,” said Oran Cummins, senior vice president for APIs at Mastercard. “The n... Read More »

CGO Legal Counseling: Valuable Immigration Solutions

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Are you looking for committed legal support and valuable legal advice for immigration issues? Do want legal solutions that will provide the right kind of guidance when it comes to Immigration Laws of Poland? If your answer is yes then all you need is CGO Legal Counseling. CGO Legal Counseling is a Polish law firm that offers a wide range of legal services to foreign corporate and individual clients. They help their clients in all the matters concerning Polish law. A prominent service offered by this firm is immigration-related service.  The ... Read More »

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