MasterCard

Travel

Singapore's globetrotters spent $8.4 bil on travel in 2018

SINGAPORE (July 30): Despite a tiny population of just over 5.6 million, Singapore last year accounted for 1% of all international arrivals to the top 200 tourism cities in the world – contributing US$6.1 billion ($8.4 billion) to total travel expenditu

Startups, Entrepreneurs, Digital economy

New UOB-Mastercard partnership targets SMEs with free golf club access, hotel & dining perks

SINGAPORE (May 28): United Overseas Bank (UOB) and Mastercard today announced the launch of the UOB Regal Business Metal Card, the region’s first World Elite Mastercard metal card for small- and medium-sized enterprises (SMEs).

Commentary

Data: Whose business is it?

SINGAPORE (Apr 15): A year and a half ago, Tony Fernandes, CEO of the wildly successful low-cost carrier AirAsia, talked about data as “the new oil”, and revealed plans to use data and machine learning to customise the pricing of air tickets and ancil

Disruption and Digitalisation

Grab inks prepaid card deal with Mastercard

SINGAPORE (Oct 25): Singapore-based Grab has partnered payments processor Mastercard Inc to issue prepaid cards tailored to Southeast Asian consumers, extending the use of Grab’s digital wallet and helping its unbanked users transact online.

Tech

Google and Mastercard cut a secret ad deal to track retail sales

(Aug 31): For the past year, select Google advertisers have had access to a potent new tool to track whether the ads they ran online led to a sale at a physical store in the US. That insight came thanks in part to a stockpile of Mastercard transactions th

4 favourite destinations for leisure tourism in Asia Pacific: Mastercard survey

SINGAPORE (June 20): Mastercard has released findings from its 2018 Global Destination Cities Index (GDCI): Play study, which measures international destinations with the highest concentration of visitors traveling for relaxation and leisure, instead of b

Bank of China partners Qoo10 to launch credit card for online shoppers

SINGAPORE (May 22): Bank of China has launched a co-brand Mastercard credit card with Singapore online retailer Qoo10 -- said to be the first-ever partnership between a bank and e-retailer locally.

Fintech

EZ-Link, Mastercard among consortium formed to implement interoperable local QR payments

SINGAPORE (Jan 25): A consortium of seven mobile wallets, acquirers and payment networks has been formed to enable interoperable quick response (QR) payments in Singapore for both consumers and merchants.
From Reuters

Small, island nations like New Zealand lead the digital pack

(July 13): Larger economies may be in danger of losing the digital race to smaller and more nimble nations.

Global Markets

Visa's profit, revenue tops estimates on payment volume growth

BENGALURU (Feb 3): Visa Inc, the world's largest payments network operator, reported better-than-expected quarterly profit and revenue as more people made payments using its network.
×