Mastercard Incorporated Stock News

Mastercard today announced the appointment of Sandun Hapugoda as its new Country Manager for Sri Lanka and Maldives. Sandun succeeds Rajesh Mani who has transitioned to another role within Mastercard. Sandun joined Mastercard in 2017 to lead the companys Digital and Value Added Services business in Sri Lanka and Maldives. Since then he has been instrumental in deepening the companys partnerships with banking and non-banking financial institutions, fintechs and merchants by enhancing and streamlining their digital payment journeys. Sandun was also actively involved in the launch of the first EMV mPOS solution, SoftPOS and Mastercards cyber and intelligence solutions in the region. Outside of Mastercard, Sandun is a member of the committee appointed by the Ministry of Technology, Government of Sri Lanka, to advise cabinet members on digital banking, blockchain related industries and cryptocurrency policy formulation. He is also a steering committee member for the National Science Foundation for technology research.

Paysend, the card-to-card pioneer and international payments platform, today announces the appointment to its board of former President Mastercard Europe, Javier Perez, as a non-executive director.

Payments giant Visa complained to the US government stating that Indias informal and formal promotion of Indian payments service RuPay

Financial services major Mastercard Inc. (MA) recently announced that the company has partnered with an all-in-one expense management platform for startups, Jeeves, to The post Mastercard, Jeeves Join Hands to Make Credit Access Easy for Mexican Businesses appeared first on Smarter Analyst .

US-based payments giant Visa has complained to the US government stating that Indias informal and formal promotion of Indian payments

Stakeholders in the educational sector including the government have been tasked to invest heavily in providing the much-needed infrastructure and requisite manpower to boost Science, Technology, Engineering, and Mathematics(STEM) education in Nigeria. This was the consensus of opinion reached by panelists at the November edition of Ed-tech Monday titled Getting to the root to strengthen STEM held recently. Ed-Tech Monday, an initiative of the Mastercard Foundation in partnership with ccHub Limited featured panelists from the academia and the organized private sector including Dean of Life Sciences, University of Benin, Professor Jerry Orhue, Program Manager, Stemcafe, Elohor Udubrae, and Founder, Vinsight Technologies, Tomisin Kolawole and moderated by social engineering practitioner, Joyce Daniel. Continue reading Stakeholders Seek Improved Infrastructure, Requisite Manpower To Boost STEM Education In Nigeria at BizWatchNigeria.Ng.

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Visa has raised concerns with the U.S. Trade Representative (USTR) about India favoring the domestic payments card provider RuPay, three years after Mastercard did so privately in 2018, Reuters reported Sunday (Nov. 28). Visa remains concerned about Indias formal and informal policies that appear to favor the business of the National Payments Corporation of India over other domestic and foreign electronic []

Campbell Newman Asset Management Inc. lifted its stake in Mastercard Incorporated (NYSE:MA) by 0.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,294 shares of the credit services providers stock after acquiring an additional 41 shares during the quarter. Mastercard accounts for []

Demars Financial Group LLC decreased its holdings in shares of Mastercard Incorporated (NYSE:MA) by 1.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 11,857 shares of the credit services providers stock after selling 160 shares during the period. Mastercard comprises []

Ardevora Asset Management LLP increased its position in shares of Mastercard Incorporated (NYSE:MA) by 15.8% during the third quarter, Holdings Channel reports. The institutional investor owned 2,200 shares of the credit services providers stock after purchasing an additional 300 shares during the period. Ardevora Asset Management LLPs holdings in Mastercard were worth $765,000 as of []

New York, United States: Krista Michels can''t get enough of the online services that allow American shoppers to pay for everything from Christmas presents to monthly bills without fees, known as "buy now, pay later." "I''m kind of addicted now," said the young mother in Washington state. She first turned to these solutions offered at check-out stores or online to rebuild her credit rating, which was too low to access a traditional credit card. Michels now uses them whenever possible, at the supermarket or to pay her internet bills. Startups like Affirm, AfterPay, Klarna and Sezzle usually allow consumers to pay for a purchase in four installments without fees or interest, like a typical credit card but without the associated paperwork and the complexities of fees and interest payments. They''ve also proven useful for consumers who do not have access to traditional credit, such as new immigrants to the United States. But consumer advocates say they carry the same risks as credit cards and shoppers must be careful not to saddle themselves with excessive debt and stay mindful of the services'' differing terms. "The concern is that people could get overextended if they''re not careful," said Chuck Bell, a program director at Consumer Reports.

First Citizens Bank & Trust Co. lifted its stake in Mastercard Incorporated (NYSE:MA) by 1.9% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 18,964 shares of the credit services providers stock after purchasing an additional 350 shares during the quarter. First Citizens Bank & Trust Co.s holdings in Mastercard were worth $6,593,000 at []

The United States is considering new sanctions against Russia due to the situation around Ukraine. According to American analysts, Russia has deployed almost 100,000 troops near the Ukrainian borders. According to The New York Times, American and British officials are working on sanctions against Russian oligarchs close to President Vladimir Putin. The measures may include restricting access for Russian oligarchs to Visa and Mastercard, as well as travel restriction to the UK and Europe for them and their families, writes the New Your Times . According to Andrea Kendall-Taylor, a Senior Fellow and Director at the Center for a New American Security, Biden administration officials are now in Europe trying to work out a coordinated package of measures against Russia. Sanctions against Russian banks, oil and gas companies and sovereign debt are also being discussed. While preparing new sanctions, Washington is still trying to negotiate with the Kremlin through diplomatic channels, NYT sources say.