One of the most recent innovations was the introduction of Open Banking in Brazil, that is, the possibility of sharing consumer-permissioned financial data across institutions in a standardized manner.
The Government of Panama has announced that it will join a growing group of nations in taking a strategic approach to digitization, launching a Digital Country Partnership in cooperation with Mastercard. This is a multi-pronged approach that aims to accelerate inclusive economic growth – a strategy key to driving recovery and enabling societies to thrive again.
International Women’s Day and Women’s Month aim to celebrate the achievements of women and their contributions to better society. This year’s celebration feels particularly worthy after a pandemic that has tested women and their roles, specifically their status in the workforce.
For women and girls to develop their full potential, there must be a change of mentality and concrete programs that support their initiatives.
For millions of women, digital inclusion is a critical step in strengthening their economic potential. In a year when the health and economic implications of COVID-19 were felt by so many, women specifically have been disproportionally impacted.
As we increasingly move away from paper processes, digital solutions are growing and reshaping how the world approaches business and commerce around the world. A new, digital-first type of currency is diversifying the payments landscape and responding to a renewed call for digital-first solutions.
Like a growing number of countries across the world, The Bahamas has explored issuing its own digital currency, an equivalent version of paper currency but available only in a virtual form.
Whatever your opinions on cryptocurrencies — from a dyed-in-wool fanatic to utter skeptic — the fact remains that these digital assets are becoming a more important part of the payments world.
4Told FinTech is working with Start Path, Mastercard’s startup engagement program, to give borrowers a special credit card to help control the risk of the loan in the value chain ecosystem. The money earned on the project is directly deposited onto this card and a certain amount is assured to the lender while the rest goes to the borrower.
As our region starts to pave its way toward recovery, and hope for a quick distribution of a COVID-19 vaccine increases, we must now think of ways to move forward.
In 2020, we digitalized. 2021 offers more time to be at home with the family, the rise of contactless technologies, and a more conservative use of personal finances, writes Walter Pimenta, Senior Vice President for Product and Innovation at Mastercard.
Collective efforts within the private sector can drive economic growth in a more efficient, inclusive, sustainable and fair way.
Your morning cup of coffee depends on smallholder farmers. A partnership in Mexico and Colombia is bringing them the digital tools and financial training to sustain their business for future generations.
To inspire a positive response in the marketplace, we must first inspire optimism in the world around us.
Even in the middle of a global health crisis, our responsibility to the environment remains. We’re reposting this piece from January for Earth Day as a reminder that the fates of our planet, our health and our economies are inextricably linked. Now is not the time to forsake one, especially if our collective goal is to buoy the others.
The outbreak is impacting the health of our loved ones, our businesses, and our global economy.