When Visa and Mastercard settled with retailers for $30 billion, it was touted as a win for the underdogs. Merchants, who have struggled for decades with the high fees imposed by credit card companies, were said to have secured a significant victory over the big banks. But how big of a win was it? In […]
Americans are traveling overseas in record numbers this year, setting aside
Mastercard Chief Economist, Asia Pacific, David Mann discusses about travel recovery and tourist spending, and how they are impacting economies, including Japan, China and India. He speaks with Paul Allen on "Bloomberg Markets: Asia." (Source: Bloomberg)
Mastercard expands Start Path program, adds 5 blockchain startups. The Start Path program showcases Mastercard’s leadership in fintech innovation Selected startups shall receive bespoke training and collaboration opportunities. Mastercard, the global fintech giant, has announced the addition of five new startups to its Start Path Blockchain and Digital Assets program that aims to explore future […]
Mastercard has launched a new program to promote collaboration with startups worldwide seeking to expand digital payments. Dubbed the Start Path Acceptance program, this initiative allows Mastercard to address crucial challenges within the digital economy through strategic partnerships. Mastercard Teams Up with Fintech Innovators The payment giant’s global acceptance footprint has experienced remarkable growth, doubling […]
Summa Corp. purchased a new position in Mastercard Incorporated (NYSE:MA – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,357 shares of the credit services provider’s stock, valued at approximately $1,005,000. Mastercard accounts for about 0.7% of Summa Corp.’s investment portfolio, making […]
Eudaimonia Partners LLC cut its position in Mastercard Incorporated (NYSE:MA – Free Report) by 18.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 1,379 shares of the credit services provider’s stock after selling 307 shares during the period. Eudaimonia Partners LLC’s holdings in Mastercard were […]
Baxter Bros Inc. lowered its stake in shares of Mastercard Incorporated (NYSE:MA – Free Report) by 1.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 36,095 shares of the credit services provider’s stock after selling 408 shares during the quarter. Mastercard accounts for 2.2% […]
Merit Financial Group LLC decreased its holdings in Mastercard Incorporated (NYSE:MA – Free Report) by 35.8% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 8,481 shares of the credit services provider’s stock after selling 4,735 shares during the period. Merit Financial Group LLC’s holdings in Mastercard were […]
Axxcess Wealth Management LLC boosted its position in Mastercard Incorporated (NYSE:MA – Free Report) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,377 shares of the credit services provider’s stock after purchasing an additional 540 shares during the period. […]
Several major financial firms are collaborating to test the benefits of shared-ledger technology for jointly settling tokenized assets like commercial bank money and various securities. The initiative, known as the Regulated Settlement Network, is a proof-of-concept designed to expedite and secure cross-border transactions using a singular system for tokenized assets. This trial is an extension […]