In the News

MasterCard is teaming up with the Nigerian authorities to launch identity cards that will double up as electronic payment cards.

Justin Timberlake announced a new long-term partnership with MasterCard on Monday that will kick off Sunday, May 5, with an exclusive cardmember concert at New York’s Roseland Ballroom.

Last year, we broke down the major players in mobile payments. Notably absent was MasterCard – mainly because the financial services company seemed content playing a behind-the-scenes role, providing the architecture on which the flashier Google Wallet was built. But a lot has changed since then. The company laid out its vision for the future of commerce with the launch of the MasterPass wallet at February’s Mobile World Congress in Barcelona.

TORONTO, ONTARIO, Apr 04, 2013 (Marketwired via COMTEX) — BMO Financial Group (BMO) today announced it had succeeded in its bid to provide an integrated travel and expense management program, in partnership with international corporate services provider HRG, for the Government of Canada. The agreement will run until April 2022, and will entail rolling out approximately 100,000 BMO-issued Travel MasterCard(R) cards to more than 100 Government of Canada departments and agencies within the next 12 months.

If you thought dirty money was only found in offshore bank accounts, check your wallet instead. But you may want to wash your hands afterward.