Experience retail like never before at Fashion Night Out by priceless™ on November 26th in Makati City. Mastercard cardholders enjoy exclusive access to styling sessions, live music, shopping past midnight, and more.
Results for: MasterCard
Mastercard (MA) stock surged to a new 52-week high following Donald Trump’s presidential election victory, driven by investor expectations of favorable economic policies and increased consumer spending. Piper Sandler reaffirmed its bullish stance on the stock, raising its price target to $575, while analysts anticipate a surge in transaction volumes fueled by Trump’s proposed tax cuts and deregulation agenda. Mastercard’s focus on financial technology and commercial payments is expected to benefit from these trends, potentially leading to significant growth in the coming years.
Mastercard exceeded analyst expectations for its third-quarter earnings, driven by robust consumer spending and continued growth in its value-added services and solutions. The company saw strong performance in payment network revenue, cross-border volume, and switched transactions, reflecting a positive outlook for the global economy. Mastercard also highlighted its strategic investments in artificial intelligence and subscription management, positioning itself for continued growth.
Mastercard’s stock experienced a significant Power Inflow on October 30th, indicating a potential uptrend driven by institutional buying. This bullish signal, derived from order flow analytics, suggests strong demand for the stock and could be a valuable entry point for traders. While this signal points to potential gains, it’s crucial to employ sound risk management strategies.
Mastercard has expanded its Product Express platform to empower fintech companies across Africa, the Middle East, Europe, North America, and Latin America. This initiative aims to streamline the launch of card programs, making it faster and easier for fintechs to bring their innovative solutions to market.
Mastercard is gearing up for Money 20/20 in Las Vegas, showcasing its latest innovations in payment technology. From Tap on Phone to Click to Pay and advanced Open Banking systems, Mastercard is driving a faster, safer, and smarter future for transactions. Join them at booth #5701 to experience these advancements firsthand.
Mastercard has enhanced its Consumer Fraud Risk (CFR) solution, leveraging advanced AI to empower UK banks with real-time fraud detection capabilities. This move aims to combat the growing threat of Authorised Push Payment (APP) scams, which cost UK consumers £460 million in 2023. The upgraded CFR solution provides banks with deeper insights into potentially fraudulent transactions, allowing them to intervene before scams are executed, ultimately safeguarding consumers from financial losses.
Mastercard has announced the acquisition of Recorded Future, a global threat intelligence company, for $2.65 billion. This strategic move aims to enhance Mastercard’s cybersecurity services and provide more robust insights and intelligence to protect the digital economy, particularly the payments ecosystem.
Alibaba, in collaboration with Mastercard and Cardless, has launched a co-branded credit card aimed at attracting US businesses to its global B2B e-commerce platform. The ‘Alibaba.com Business Edge Credit Card’ offers rewards and financing options for purchases made on Alibaba.com, aiming to boost cross-border and domestic sourcing.
Mercuryo has introduced a new debit card called Spend that allows cryptocurrency holders to use their digital assets for everyday purchases. The card, issued by Quicko and operating on the Mastercard network, offers seamless integration with Apple Pay and Google Pay, providing wide acceptance across millions of merchants globally. While offering convenience, the card’s fiat conversion still exposes users to cryptocurrency market volatility.