Ajay Banga, President and Chief Executive Officer, to become Executive Chairman of the Board of Directors January 1, 2021 Michael Miebach, Chief Product Officer, to become Chief Executive Officer and a member of the Board of Directors on January 1, 2021 and, as part of the transition, to become President March 1, 2020 Richard Haythornthwaite …
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Beijing – February 11, 2020 – Mastercard today is pleased to announce that it has received in-principle approval from the People’s Bank of China (PBOC) to begin formal preparations to set up a domestic bankcard clearing institution in China. The application was submitted by Mastercard NUCC Information Technology (Beijing) Co., Ltd, a joint venture of …
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Partnership to Build on International Standards, Framework Skopje – February 7, 2020 – The Government of the Republic of North Macedonia and Mastercard today unveiled plans for a range of digital solutions that will advance the country’s digital economy aspirations and give citizens a new way to prove their identity when accessing government and business …
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Relationship expands omnichannel payment options for consumers in South Asia and beyond New Delhi – January 24, 2020 – Pine Labs, one of Asia’s leading merchant commerce platforms, announced an investment by Mastercard that underscores confidence in India’s growing economy. The investment is part of a partnership to continue the rapid growth of convenient electronic …
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SoFi, the digital personal finance company, and Mastercard announced a multifaceted partnership to offer a suite of products and in-person experiences to its nearly one million (and growing) SoFi members.