MasterCard Inks a Deal to Launch Digital Payments in Tunisia

MasterCard has inked a Memorandum of Understanding (MoU) with Tunisia Post to develop and launch new digital financial services and promote the innovative adoption of electronic payments in the country. Both entities are striving to bring financial inclusion into the Tunisian economy through digital payments services. Building on decades of cooperation between the two organizations,…

Briefs: INTEL; BMO; VANTIV; and WU.

In Other News: INTEL (Visa); BMO (MasterCard); VANTIV (products); and WU (omni-channel). INTEL – Intel and Visa inked a collaboration agreement to help bring world-class payment and data security technologies to the growing world of connected devices—from personal computers and mobile devices, to intelligent appliances and wearable technologies. With the spectrum of commerce growing in…

MasterCard Teams with Shanghai Free Trade Zone

MasterCard inked an inaugural strategic partnership in the Shanghai Free Trade Zone (SFTZ) where MasterCard will be the global network and payment technology provider for a revolutionary commodities trading platform. The Cross-Border Commodities Financial Services Platform is a pioneering effort by COMMIN, ValuePay and MasterCard, supported by MasterCard’s key banking partners including DBS Bank, CIMB…

Acquisitions Drives U.S. Bank Credit Card Portfolio in 3Q/16

Acquisitions Drives U.S. Bank Credit Card Portfolio in 3Q/16

U.S. Bank (USB)’s Payment Services division reports explosive year-on-year (YOY) growth in consumer credit card gross dollar volume (GDV), as well as a substantial YOY gain in credit card outstandings (OUT) for the third quarter (3Q/16). Payment Services includes consumer and business credit cards, stored-value cards, debit cards, corporate, government and purchasing card services, consumer…