442 Shares in Mastercard Incorporated (NYSE:MA) Acquired by Ajo LP

Ajo LP acquired a new stake in shares of Mastercard Incorporated (NYSE:MA) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 442 shares of the credit services provider’s stock, valued at approximately $149,000.

A number of other institutional investors also recently added to or reduced their stakes in MA. Carolina Wealth Advisors LLC acquired a new stake in shares of Mastercard during the third quarter worth approximately $30,000. Newfound Research LLC bought a new stake in Mastercard in the third quarter valued at approximately $34,000. Larson Financial Group LLC increased its stake in Mastercard by 55.2% in the third quarter. Larson Financial Group LLC now owns 104 shares of the credit services provider’s stock valued at $35,000 after purchasing an additional 37 shares in the last quarter. Avion Wealth acquired a new stake in Mastercard in the third quarter worth

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Mastercard honours 18 organisations for bolstering digital payments

Top-performing banks, fintech and merchant partners were accorded in various categories to celebrate Mastercard’s 29 years in Bangladesh

A total of 18 organisations were felicitated at the “Mastercard Excellence Award 2020” on Friday for exceptional performance in boosting digital payments in the country.

Top-performing banks, fintech and merchant partners were accorded in various categories to celebrate Mastercard’s 29 years of operating in Bangladesh, according to a press release.

Prime Bank and United Commercial Bank were given the award for “Excellence in Mastercard Debit Business 2019-20”.

For domestic credit business, Standard Chartered Bank (SCB) and LankaBangla Finance won the award, while SCB and National Bank bagged top honours for international credit business.

In prepaid business category, Eastern Bank (EBL) and Southeast Bank (SEBL) were awarded.

Three banks – Brac Bank, City Bank, and Dutch Bangla Bank (DBBL) – topped in point-of-sales (POS) acquiring business category, while City Bank, DBBL, EBL and

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SumUp and Mastercard to bring payments to Ford commercial vehicles

Today, SumUp and Mastercard are announcing their new payment services tailored for Ford commercial vehicles in Germany, France, Italy, Spain and the United Kingdom.

With this new solution, small business owners that typically use commercial vehicles – including food trucks, beverage suppliers, mobile florists and other tradespeople – can accept card payments directly from their vehicles.

One of the main advantages of this solution is that it gives entrepreneurs the ability to accept payments from their customers immediately, rather than waiting for an invoice to be paid at a later date. This in turn can help them manage their cash flow more optimally, particularly in cases when they need to receive a deposit to buy the materials to start the job or pay their subcontractors.

Another benefit is that it gives these small businesses more choice by enabling them to accept card payments – including contactless – as

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Mastercard (MA) Enhances Digital Identity Service in Australia

Mastercard Inc. MA has expanded the testing process of its digital identity service, ID, at Australia Post and Deakin University.

ID offers businesses, governments and educational institutions an end-to-end solution for creating, validating and using a digital identity.

Via ID, new ways are being created to confirm an individual’s identity without having to hand over any physical documents when filling in an application form, accessing benefits, booking accommodations and more.

This latest pilot test builds on the earlier evaluations performed at Deakin University. It is now being explored as to how Mastercard’s ID can securely connect and integrate with services from other providers like Australia Post’s Digital iD. The pilot test involved students to create a digital identity on Australia Post’s Digital iD app and use it to gain access to Deakin University’s exam portal.

Mastercard’s digital identity service is gaining a huge momentum, courtesy of rising demand for myriad

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Will Mastercard’s (MA) Revenues Gain From Solid Holiday Sales?

As a leading payment facilitator, Mastercard Inc. MA has been gaining from a shift in payments to online and digital modes from the physical ones. The transition to electronic payment has been consistent from the past many years and the COVID-19 episode further accelerated this trend.

Per the National Retail Federation (NRF) forecast, the 2020 holiday sales season is expected to be very strong. Additionally, since most people are doing much of their shopping online, Mastercard’s U.S. transaction volumes are likely to witness a surge in the fourth quarter of 2020.

According to NRF, holiday sales (in November and December) will grow 3.6% to 5.2% this year from the last five-year average of 3.5% and the reading of 4% recorded last year. Also, social distancing and preference for digital channels will lead to a 20-30% increase in non-store sales (including e-commerce, curbside pickup, etc.).

Business from the United States

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Mastercard (MA) Brings Tokenization Service to SBI Card App

Mastercard Incorporated MA recently announced that it has collaborated with India’s leading credit card issuer, SBI Cards & Payment Services Ltd, to launch contactless payments on the SBI Card app. Following this tie up, SBI Card app becomes India’s first credit card issuer to utilize Mastercard’s tokenization platform — Mastercard Digital Enablement Service (MDES).

The latest move enables SBI Card Mastercard cardholders to make payments of upto INR 2,000 with merely a tap on their mobile. For payments exceeding INR 2,000, the cardholders need to provide their Card PIN on the point of sale (PoS) terminal.

In order to avail such benefits, the cards just need to undergo a one-time registration on the upgraded version of the SBI Card mobile app. Following the registration, cardholders can make payments easily by merely unlocking the phone screen and keeping the device in close proximity with any contactless PoS terminal. This, in turn,

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Mastercard: 10% Annualized Return With COVID-19 Ending In 2021 (NYSE:MA)


We review our investment case on Mastercard (MA) based on the latest volume data released on Tuesday night (November 24) and other developments since our last update in September.

Since we initiated our coverage with a Buy rating in March 2019, MA shares have returned 46.5% (including dividends). During 2020 year to date, MA shares have returned 15.2%, outperforming the S&P 500 index, was far ahead of “value” play American Express (AXP) but was behind PayPal (PYPL) (whose shares have risen around 90%):

The move to digital payments is a strong secular trend, and we also have Buy ratings on Visa (V) and PayPal and enjoyed strong gains there; we have been Neutral on American Express, which underperformed as expected.

Steady Volume Trends in November

MA’s year-on-year volume growth, including for the last 4 weeks (up to the week ending November 21), is shown below:

MA Switched Volume Growth

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Mastercard completes second digital identity pilot with Deakin, AusPost

Payment solutions provider Mastercard has completed the second pilot of its digital identity service, ID, with Deakin University and Australia Post.

A statement from Mastercard said the service had been extended this month to verify credentials for students who were taking exams online.

Secure connections and integration with services from other providers like Australia Post were tested in the latest trial.

“The rising demand for, and myriad challenges of, premium online education is accelerating the implementation of new solutions for the global higher education sector,” said William Confalonieri, chief digital officer at Deakin University.

“Being able to pilot this emerging digital identity technology with our students aligns with Deakin’s digital-first strategy and keeps us at the forefront of the innovation wave to deliver a superior experience for students, while bolstering the integrity and confidence of identity verification systems that are safe, secure and accurate.”

During the pilot. students created digital

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Mastercard expands digital ID trial with Deakin and Australia Post


Image: Mastercard

Mastercard announced the quiet expansion of the trial for its digital identification service, following the successful completion of phase one with partners Deakin University and Australia Post.

Announced in December, the three parties kicked off two trials: The first for an identity verification process of student registration and digital exams at Deakin’s Burwood and Geelong campuses in Victoria, and the second integrating Mastercard’s digital ID solution with the one the postal service is working on.

See also: Australia Post a ‘trusted’ service provider for government identification

The pilot saw students create a digital identity in Australia Post’s Digital ID app and use it to gain access to Deakin University’s exam portal. Mastercard said the ID successfully orchestrated the sharing of verified identity data between the two parties, sending only the specific personal information required to permit entry using its network.

The three organisations expanded the trial to verify

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Digital Payments Coming To Ford Trucks

London FinTech SumUp is partnering with Mastercard to drive credit card and electronic payment solutions for Ford commercial vehicles.

The solution gives small business owners — food trucks, beverage suppliers, mobile tradespeople — the ability to accept credit cards and other electronic payments directly from their Ford trucks using a feature in the FordPass Pro app.

“Our ambition has always been to support small businesses in their daily work and make it easier for them to get paid doing what they love. The new Marketplace feature within the FordPass Pro app embodies this approach, and we are pleased to be a part of it with our payment technology and wide range of services,” Alexander von Schirmeister, executive vice president Europe, SumUp, said in a statement on Wednesday (Nov. 25).

The new payment services will be available on Ford commercial vehicles in the U.K,

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