Mastercard news stories

Mastercard has launched Mastercard Gamer Xchange (MGX), allowing APAC consumers to convert their rewards points into gaming currency.

Mastercard and Australian company Openly have teamed up to provide organisations a complete view of their supply chain privacy and cyber risk posture.

GPS, the global payment technology platform catering to a variety of fintechs, has announced a new strategic partnership with Mastercard.

TradeWindow has partnered with Mastercard in a bid to increase access to trade finance and simplify cross-border payments. 

Shifts in household savings, economic growth, leisure travel recovery and consumer spending on stuff versus experiences are in focus as businesses continue to move digital.

According to new research initiated by Mastercard, with the country slowly starting to open up, NZ consumers are starting to spend less money at home on items and more on experiences.

Cirralto is leveraging the Mastercard Provenance Solution blockchain-based innovation and the Fresh Supply Co digital supply chain network, to provide Australia’s farmers with better access to trade finance.

Mastercard has announced its latest Start Path global start-up engagement program supporting digital assets, blockchain and cryptocurrency companies. 

For retailers, restaurants and other businesses large and small, being able to sell online provided a much-needed lifeline as in-person consumer spending was disrupted.

"2020 brought with it a rapid acceleration of digitisation and reinforced the importance of digital solutions – like contactless – to help meet our everyday needs."

The microsite has been launched across most of Mastercard's Asia Pacific websites with information and resources on how to digitalise and run businesses more efficiently.

Mastercard has launched its Cloud Tap on Phone payment technology, and the first live pilot of its Cloud Point of Sale acceptance technology.

"In making Ethoca Alerts available to qualifying retailers around New Zealand and Australia for no charge, Ethoca hopes to provide local businesses with a little relief as they adapt to their new way of working.”

“This is so much more than philanthropy. This is an opportunity to develop commercially-sustainable and scalable social impact with government and private sector partners - and to do it in a way that helps society-at-large thrive.”

Consumer polling by Mastercard showed a significant majority of consumers were using the technology during February and March.

PaymentsNZ says the change will be progressively rolled out ‘over the coming days’, but may take weeks in some cases due to the number of cards, payment terminals and businesses involved. 

Mastercard and education firm Scholastic have expanded free access to Mastercard’s STEM curriculum designed for 8-12 year-old girls.

New Zealand is second only to the United States for being the most conducive country to women’s entrepreneurship, a new report from Mastercard revealed today.

"Although fake sites and scams have become more sophisticated over time, it’s not that hard to protect yourself."

“We are excited OpenText is partnering with Mastercard to integrate our digital platforms together to allow companies to quickly identify and vet business relationships and make the end-to-end payments process even simpler.”

AI software firm Aider has been named as one of 10 startups to take part in Mastercard's Start Path programme. 

Auckland-based AI software company Aider will make New York its home over the next six months, after winning a spot in the Mastercard Start Path programme.

“For small and medium-sized businesses, an incident or breach can have devastating consequences," says Microsoft's Tom Burt.

"Enterprises, SMEs or startups are now able to bypass legacy approaches and develop innovation at an accelerated pace."