Earlier today, Mastercard released its financial results for the fourth quarter and full-year 2017. We delivered another strong quarter, driven by solid momentum in our core business. This was seen in the growth of net revenue and earnings per share, before we took a couple of one-time charges. During our conference call with investors, we …
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Mastercard and the U.S. Agency for International Development’s Power Africa Initiative Announce Powerful New Public-Private Coalition Davos, Switzerland – January 24, 2018 – Mastercard and the U.S. Agency for International Development (USAID) today announced the launch of a public-private coalition that will bring together technology, solutions and experience from multiple sectors to transform refugee settlements …
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The way we make money and spend money is changing. A few years ago, having a full-time job that provided stability and a consistent income while doing passion projects on the side was a common phenomenon. Arrangements like this provided for the essentials of living and allowed people to do what they love while earning …
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Mobile Ordering and Payments Solution Enables Kiosk Owners to Access Micro-loans  Nairobi, KENYA – December 6, 2017 – Mastercard today unveiled Kionect, a digital ordering system that empowers small kiosk owners in Nairobi to order and pay for products from wholesalers via SMS. Orders submitted via a feature phone helps create a digital record for …
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A Financial Capability Hat Trick

November 3, 2017 11:30

Many initiatives to address the challenges of the underbanked or unbanked aim to either broaden access to financial services or provide education that encourages sensible use of already available financial services. Although there is no doubt these are important elements of financial capability, there is a third element—often overlooked, however—that is also essential to improving …
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