Tag: MasterCard

he world’s largest payment networks will see a surge in transactions and cardholders after the Indian government’s decision this month to remove high-denomination bills. Read more: www.bloomberg.com

Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management. Read more: www.fintechroundup.com

MasterCard uses blockchain as it reacts to arch-rival Visa’s partnership with Chain and seeks to use the technology in payments and trade finance. Read more: www.bankingtech.com

Backed by BNP Paribas and supermarket giant Carrefour, Wa! will join forced with Crédit Mutuel-CIC-backed Fivory to combine their mobile payments solutions. Read more: www.fintechroundup.com

Silicon Valley Bank and Mastercard have selected six startups to participate in Class 5 of Commerce.Innovated. Read more: www.finextra.com

MasterCard is launching its Identity Check Mobile technology in 12 European countries, enabling online shoppers to authenticate themselves through selfies. Read more: www.finextra.com

Mastercard launched its first ever one-stop business-to-business mobile app connecting buyers and suppliers of small businesses in Hong Kong. Read more: www.finextra.com

PayPal and MasterCard are expanding their partnerships to the checkout by increase PayPal's footprint at the point of sale through contactless payments. Read more: www.fintechroundup

Early Warning, the American bank-owned operator of the ClearXchange P2P payments network, has struck deals with Visa and MasterCard. Read more: www.finextra.com

MasterCard hopes buying BACS and LINK operator will allow it to take a greater interest in mobile payments in the UK. Read more: www.techweekeurope.co.uk