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Mastercard expands BNPL offering to Middle East
Mastercard has expanded Mastercard Installments, its Buy Now, Pay Later (BNPL) product, to consumers in the United Arab Emirates (UAE) and Saudi Arabia.
Buy Now, Pay Later providers bite back to debt critics
Buy Now, Pay Later (BNPL) services are becoming synonymous with debt. These services have come under fire for misleading consumers and putting vulnerable users at risk. Regulatory crackdown has loomed on the horizon for some time now, but what do BNPL companies have to say for themselves in the meantime?
Mastercard seeks racial equity in credit approvals through new data center
Mastercard and Howard University have provided a $5m grant to create a centre focused on eliminating biases in AI and making the credit approval process more racially equal.
Mastercard launches virtual card for B2B payments
Mastercard has launched Mastercard Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.
Mastercard and Coinbase team to extend NFT purchasing capabilities
Mastercard is partnering with Coinbase to allow people to purchase non fungible tokens (NFTs) with their debit and credit cards.
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.
Zilch and Mastercard widen partnership to launch BNPL card in Europe
FinTech company Zilch has revealed it has expended its partnership with Mastercard to help bring the former’s buy now, pay later (BNPL) card digital card to Europe.
Top FinTech mergers & acquisitions in 2021
During a time of greater market consolidation, FinTech Global takes a look back at some of 2021’s most notable mergers and acquisitions (M&A).
Judopay taps Mastercard to help bolster its Click to Pay solution
Mobile payments provider Judopay has teamed with Mastercard to help strengthen the latter’s Click to Pay product.
Digital gift card unicorn Prezzee takes on UK market ahead of...
Australian-headquartered digital gift card company Prezzee has established itself in the UK market, with the aim of disrupting the £7bn UK gift economy ahead of the Christmas gifting season.