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Mastercard bolsters cybersecurity with Baffin Bay Networks deal
Payment giant Mastercard has acquired Swedish cybersecurity platform Baffin Bay Networks to help businesses deal with increasingly challenging cyber attacks.
Visa, Mastercard name fraud as key reason for post-Brexit fee hikes
Visa and Mastercard have cited fraud and increased competition to justify post-Brexit fee increases on cross-border payments from the UK, Finextra has revealed.
Mastercard to link employee bonuses to its ESG targets
Mastercard has revealed it is linking all employee bonuses to the firm’s environmental, social and corporate-governance (ESG) performance.
Payment Systems Regulator fines five companies in prepaid card cartel
The UK’s Payment Systems Regulator (PSR) has issued fines to Mastercard, allpay, Advanced Payment Solutions, Prepaid Financial Services and Sulion.
Saudi Payments teams with IBM, Mastercard to launch instant payment system
Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.
Passwordless security company HYPR scores $35m in its Series C round
HYPR, which aims to remove the need of passwords whilst maintaining security, has closed its Series C funding round on $35m.
Payment giant Mastercard to buy digital ID firm Ekata for $850m
In a move to leverage on the increasing demand for companies in the digital security space, global payments processor Mastercard acquires Seattle startup Ekata for $850m. Operating in...
Jumio, Microsoft enter alliance to support decentralised digital identity service
Identity verification firm Jumio has collaborated with Microsoft to integrate the latter’s Azure Active Directory (AD) verifiable credentials to Jumio’s platform.
Mastercard teams up with Dubai International Financial Centre for cybersecurity programme
Mastercard has partnered with Dubai International Financial Centre (DIFC) to launch its Global Cyber Forward programme. The threat of direct and indirect cyberattacks on global...
Mastercard and Visa pull out of Pornhub after abuse allegations
Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.