| From: JakeStraw | 1/31/2019 3:31:11 PM | | | | | | Mastercard Incorporated Reports Fourth-Quarter and Full-Year 2018 Financial Results
s2.q4cdn.com
• Fourth-quarter net income of $0.9 billion, or $0.87 per diluted share
• Fourth-quarter adjusted net income of $1.6 billion, or $1.55 per adjusted diluted share
• Fourth-quarter net revenue of $3.8 billion, or an increase of 15%
• Fourth-quarter gross dollar volume up 14% and purchase volume up 15% |
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| From: JakeStraw | 2/7/2019 9:29:58 AM | | | | | | Mastercard Names Paul Stoddart President of New Payment Platforms
marketwatch.com
In this role, Stoddart will oversee the development and strategic integration of Mastercards real-time payments capabilities beyond traditional card-based solutions. |
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| From: JakeStraw | 3/13/2019 8:10:03 AM | | | | | | Mastercard Acquires Ethoca to Reduce Digital Commerce Fraud
businesswire.com
“Advancements in technology are enabling us to transform the experience for our customers,” said Ajay Bhalla, president of cyber and intelligence solutions for Mastercard. “Ethoca is a strong addition to our multilayered cyber strategy, helping customers take immediate action against fraud and eliminate chargebacks before they can occur. In turn, consumers are provided with a better checkout experience every time they shop at a participating site.” |
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| From: JakeStraw | 5/3/2019 2:20:50 PM | | | | | | Mastercard Strengthens Bill Payment Services with Acquisition of Transactis
apnews.com
Transactis’ technology helps companies improve their customers’ bill payment experience, while reducing inefficiencies associated with paper bills and checks. It provides access to a flexible digital service that can be used by even the smallest businesses, such as schools and property owners, who often don’t support online bill pay.
Transactis distributes its technology through a broad network of bank and non-bank partners.
“We see Transactis as strengthening our support of the bill payments space,” said Colleen Taylor, executive vice president of new payment platforms, North America for Mastercard. “Transactis’ technical and commercial know-how, combined with our reach and comprehensive payment options will greatly simplify the entire process. We’ll be able to deliver a better real-time consumer experience, from sign-up to viewing and paying bills, leveraging the investments that have been made in the core infrastructure.” |
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| From: JakeStraw | 5/22/2019 10:16:59 AM | | | | | | Mastercard and Interac collaborate to give Canadians a fast, simple and secure way to send money globally
marketwatch.com
Canada is a large market for international payments, due to its diverse population and number of businesses that operate in an increasingly global marketplace. According to the latest data from World Bank, $24.5 B in remittances were sent from Canada to other countries. With Mastercard and Interac's combined offering, Canadians will be able to simply log in to their mobile or online banking services and send funds securely globally using the familiar Interac e-Transfer brand.
"Consumers and businesses today operate globally. Whether it's travelling abroad, sending money to family or friends overseas, or purchasing products from a business in another country, the ability to move funds across borders quickly, easily and securely is becoming a must-have," said Ramesh Jayakrishnan, director of Push Payments for Mastercard in Canada. "Financial institutions need cost-effective and trusted solutions to meet their customers' expectations. This new offering will connect banks to Mastercard Send to help improve customer experience and future-proof their cross-border payment service, all while using the existing Interac e-Transfer platform." |
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