Mastercard stories - Page 5

Indosat Ooredoo Hutchison reports a 39.1% rise in profit, reaching IDR 3,878 billion, driven by operational excellence and strategic investments.

Australia proposes cyber security legislation mandating companies to report ransomware payments, aiming to enhance transparency amidst rising cyber threats.

Research by Mastercard reveals deepfake scams have targeted 36% of Australians, resulting in millions in losses, with many unaware they're victims.

Research by Mastercard reveals nearly a third of New Zealanders and 18% of businesses have fallen victim to deepfake scams, costing millions over the past year.

dLocal appoints Carlos Menendez as new COO, effective immediately, to drive its expansion in high-growth markets. Jacobo Singer remains COO until Dec 2024.

Paymentology has achieved a milestone by connecting to Mastercard's Cloud Edge, becoming the first to do so via multiple cloud providers.

As eCommerce surges towards a projected USD $9.3 trillion by 2027, merchants and payment providers must enhance security and convenience to reduce cart abandonment.

The fourth edition of FinTech Australia's Open Banking Ecosystem Map shows a 165% rise in Consumer Data Right adoption, supported by Mastercard.

Bank fraud is projected to reach USD $48 billion globally by 2029, a 153% surge, driven by evolving AI tactics, says Juniper Research.

Virtual payments leader Conferma boosts its strategic expansion plan, appointing seasoned fintech executive Kriya Patel as new Non-Executive Director amid significant company rebranding.

Mastercard introduces its tokenised 'Click to Pay' system in Australia, aiming to thwart up to 90% of the country's payment card fraud.

SAP Concur and Mastercard join forces to simplify expense processes, integrating transactions on corporate cards into Concur Expense to enhance user experience and compliance adherence.

Melbourne's fashion and experience retailers stand to benefit from a predicted 12.6% rise in sales during the 2024 grand slam.

Mastercard's Dynamic Yield unveils Shopping Muse, an AI tool providing bespoke retail experiences through personalised product recommendations.

Mastercard debuts its first gaming initiative, the 'Gamer Academy', in collaboration with G2 Esports and Riot Games.

Mastercard and FD Global Connections have launched a governance and risk management scheme for Australian fintechs.

EdTech firm Kabuni introduces Kabuni WIZARD, an immersive learning platform with a unique 'Learn-to-Earn' model for youths.

As the global financial ecosystem expands, it's getting harder for organisations to navigate the maze of cyber risks alone.

Alarmingly, 309,000 small businesses have been targeted by cyber-attacks, with a third reporting financial losses.

Mastercard and Agoda have broadened their collaboration in an effort to modernise B2B transactions within the travel and tourism industry.