Mastercard Stories - Page 9

Australian Stories

Mastercard stories

Australian law mandates reporting of ransomware payments

Australia proposes cyber security legislation mandating companies to report ransomware payments, aiming to enhance transparency amidst rising cyber threats.

By Shannon Williams • 3 min read • Tue, 15th Oct 2024

Physical Security

Deepfake scams cost Australian businesses millions, research reveals

Research by Mastercard reveals deepfake scams have targeted 36% of Australians, resulting in millions in losses, with many unaware they're victims.

By Shannon Williams • 3 min read • Thu, 10th Oct 2024

Fintech

Open Banking in Australia sees rapid growth in consumer adoption

The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.

By Shannon Williams • 3 min read • Tue, 25th Jun 2024

Global Stories

Mastercard stories

Surveillance

Mastercard unveils biometric payment passkey service

Mastercard has unveiled enhancements to its Payment Passkey Service, introducing biometric authentication to streamline secure online transactions.

By Shannon Williams • 3 min read • Fri, 8th Nov 2024

Unified Communications

Indosat reports 11.6% revenue increase, bolsters AI efforts

Indosat Ooredoo Hutchison reports a 39.1% rise in profit, reaching IDR 3,878 billion, driven by operational excellence and strategic investments.

By Sean Mitchell • 3 min read • Thu, 31st Oct 2024

Payment Technologies

CompTIA becomes National Ambassador for NCRCG in the UK

CompTIA has become a National Ambassador for the NCRCG, boosting collaboration to enhance cyber resilience across the UK economy.

By Catherine Knowles • 3 min read • Fri, 25th Oct 2024

Physical Security

Deepfake scams target 29% of New Zealanders, costing millions

Research by Mastercard reveals nearly a third of New Zealanders and 18% of businesses have fallen victim to deepfake scams, costing millions over the past year.

By Melania Watson • 3 min read • Thu, 10th Oct 2024

Payment Technologies

dLocal appoints ex-Mastercard exec Carlos Menendez as new COO

dLocal appoints Carlos Menendez as new COO, effective immediately, to drive its expansion in high-growth markets. Jacobo Singer remains COO until Dec 2024.

By Imee Dequito • 3 min read • Tue, 10th Sep 2024

Unified Communications

Paymentology first to connect Mastercard Cloud Edge across clouds

Paymentology has achieved a milestone by connecting to Mastercard's Cloud Edge, becoming the first to do so via multiple cloud providers.

By Shannon Williams • 3 min read • Wed, 14th Aug 2024

Encryption

Ecommpay partners with Mastercard to launch Click to Pay in UK

Ecommpay partners with Mastercard to launch Click to Pay across the UK and Europe, offering merchants and customers faster, secure checkout experiences.

By Kaleah Salmon • 3 min read • Thu, 25th Jul 2024

Customer Experience

How payment service providers and merchants can enhance the eCommerce payment experience

As eCommerce surges towards a projected USD $9.3 trillion by 2027, merchants and payment providers must enhance security and convenience to reduce cart abandonment.

By Jukka Yliuntinen • 5 min read • Fri, 19th Jul 2024

Fintech

Global banking fraud to hit USD $48bn by 2029, says study

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

By Sean Mitchell • 3 min read • Mon, 17th Jun 2024

Stories from Other Regions

Mastercard stories

Supply Chain

Nationwide Building Society joins cyber resilience effort for UK SMEs

Nationwide has been appointed as a National Ambassador for the National Cyber Resilience Centre Group, aiming to enhance cyber defences for UK SMEs.

By Kaleah Salmon • 2 min read • Mon, 18th Nov 2024

Fintech

Booster's Savvy card finalist at Banking Tech Awards

Booster's Savvy debit card has been named a finalist in two categories at the Fintech Futures 2024 Banking Tech Awards, competing against major banks.

By Kaleah Salmon • 2 min read • Thu, 24th Oct 2024

Malware

Ministry, Indosat, Mastercard Launch Cybersecurity Online Academy

Indonesia's Ministry of Communications partners with Indosat and Mastercard to launch an online academy, aiming to enhance cybersecurity skills for 1 million Indonesians.

By Shannon Williams • 3 min read • Tue, 17th Sep 2024

Payment Technologies

Marqeta partners with Zero for eco-friendly UK finance app

Marqeta partners with Zero to launch an eco-friendly UK finance app targeting Gen-Z and Millennials, promoting sustainable spending and climate-positive actions.

By Kaleah Salmon • 3 min read • Thu, 29th Aug 2024

Risk & Compliance

Adyen expands into India, sets up tech hub in Bengaluru

Adyen enters the Indian market with RBI authorisation, launching local payment processing and a Bengaluru tech hub to support digital payment growth.

By Catherine Knowles • 2 min read • Thu, 15th Aug 2024

Payment Technologies

PAYSTRAX & Cardstream announce innovative payment partnership

FinTech firm PAYSTRAX partners with UK's Cardstream to enhance cross-border payment solutions, leveraging Cardstream's global gateway for seamless online transactions.

By Kaleah Salmon • 3 min read • Tue, 23rd Jul 2024