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Mastercard Focuses On Digital Identity Innovation With Close Of Ekata Acquisition
Temasek Holdings (Private) Ltd Reports 13.83 Mln Class A Shares In Roblox Corp
Mastercard To Acquire Ekata To Advance Digital Identity Efforts
Mastercard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world, enabling them to use electronic forms of payment. The Company allows user to make payments by creating a range of payment solutions and services using its brands, which include MasterCard, Maestro and Cirrus. It provides a range of products and solutions that support payment products, which customers can offer to their cardholders. The Company's services facilitate transactions on its core network among account holders, merchants, financial institutions, businesses, governments and other organizations in markets globally. Its products include consumer credit, consumer debit, prepaid and commercial credit and debit. It also provides integrated offerings such as cyber and intelligence products, information and analytics services, identity verification services, consulting, loyalty and reward programs, processing and open banking.
Consumer Financial Services
2000 Purchase St
President, Chief Executive Officer, Director
Ann M. Cairns
Vice Chairman of the Board
Sachin J. Mehra
Chief Financial Officer
President - Europe
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Mastercard Inc and drinks company Ambev, major sponsors of South American soccer, backed away from the Copa America on Wednesday as players criticized organizers for moving the tournament to Brazil despite one of the world's worst COVID-19 outbreaks.
Mastercard Inc reported a steep drop in overseas spending on its cards due to the pandemic that overshadowed a first-quarter profit beat, sending the payments processor's shares down more than 2%.
Mastercard Inc reported a nearly 6% drop in first-quarter profit on Thursday, mainly driven by a steep decline in cross-border spending on its cards because of a slump in international travel due to the COVID-19 pandemic.
Mastercard Inc reported a 5.6% drop in first-quarter profit on Thursday, mainly driven by a steep decline in cross-border spending on its cards because of a slump in international travel due to the COVID-19 pandemic.
Mastercard Inc and U.S. cryptocurrency exchange Gemini will launch the first credit card that gives users digital currency "rewards" on purchases this year, deepening the involvement of major payment firms in the emerging asset class.
Mastercard Inc said on Monday it would acquire digital identity verification company Ekata in a deal valued at $850 million. (Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)
Global payment processor Mastercard Inc will invest $100 million in Airtel Africa's mobile money operations, valuing the business at $2.65 billion, the London-listed company said on Thursday.
Mastercard Inc will invest $100 million in Airtel Africa's mobile money operations valuing the business at $2.65 billion, the London-listed company said on Thursday.
Brazil's central bank on Tuesday cleared the way for Facebook's WhatsApp messaging service to let its users send each other funds using the Visa Inc and Mastercard card networks, months after vetoing WhatsApp's initial attempt.
* If successful, adults in Britain could pocket 300 pounds each
* Former ombudsman says 46 million adult Britons were overcharged
Mastercard will link bonuses for its senior executives to environmental, social and corporate-governance initiatives, Chief Executive Officer Michael Miebach said in a note on the payment processor's website on Wednesday.
Mastercard Inc and Visa Inc on Tuesday postponed plans to raise the fees U.S. merchants pay when customers use cards online until April next year, as businesses continue to struggle during the COVID-19 pandemic.
Mastercard Inc has postponed plans for changes in interchange fee until April next year, the payments processor said in an emailed statement on Tuesday.
Mastercard Inc said on Wednesday it was planning to offer support for some cryptocurrencies on its network this year, joining a string of big-ticket firms that have pledged similar support.
NatWest has become the latest British lender to switch to issuing Mastercard debit cards from Visa, in an agreement that includes 16 million consumer and business customer cards.
Mastercard Inc on Thursday signaled a near-term rebound in business as it expects an uptick in travel due to easing lockdowns and improved COVID-19 vaccination efforts, after the credit-card giant beat estimates for fourth-quarter profit.
Payments processor Mastercard Inc on Thursday posted a 17% fall in fourth-quarter profit, hurt mainly by a slump in cross-border customer spending volumes.
Payments processor Network International said on Tuesday Mastercard Inc executive Nandan Mer would succeed industry veteran Simon Haslam as the UK-listed company's new chief executive officer.
U.S. retail sales rose 3% during this year's expanded holiday shopping season from Oct. 11 to Dec. 24, a report by Mastercard Inc said on Saturday, powered by a pandemic-driven shift toward online shopping.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.