For those of you who are regular visitors to this blog, you often hear us talk about a world beyond cash. In the B2B world that goes further to a world beyond checks, wire transfers, and automated clearing houses. Yes, MasterCard runs the world’s fastest payments network.  More importantly our “rails” are designed to carry …
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What? Pallets and payment networks – can there really be a connection? Hear me out… I recently read a great article on Slate.com titled, The Single Most Important Object in the Global Economy. That object? Yes, you guessed it, the pallet: “that humble construction of wood joists and planks upon which most every object in …
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PURCHASE, N.Y.–(BUSINESS WIRE)–Jul. 13, 2012– MasterCard Incorporated (NYSE: MA) has agreed to a Memorandum of Understanding (MOU) to settle the current U.S. merchant class litigation. The MOU has been executed by all of the defendants – which include MasterCard, Visa and a number of banks – and the court-appointed class counsel for the merchants. Separately, …
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MA Exec Johan Gerber discuss payment processing security: Moving at 130 milliseconds per transaction, no time for error