Mastercard
American multinational financial services corporation
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2025 | Mastercard faced criticism for pressuring digital distribution platforms Steam and Itch.io to crack down on adult content. |
July 5 2025 | Eastern Bank PLC (EBL) in Bangladesh launches the world's first commercially issued biometric metal credit card in partnership with Mastercard, unveiled in Dhaka and co-sponsored by IDEX Biometrics, KONA I, and Infineon Technologies. |
June 2025 | The European Commission continued its investigation, seeking retailer views and comments from card operators about potential fee transparency measures. |
February 2025 | South Korean manufacturer KONA I receives a Letter of Approval from Mastercard to produce biometric plastic and metal cards. |
2024 | ING is expected to complete the full rollout of Debit Mastercards, replacing their V-PAY and Maestro cards. |
November 2024 | The European Commission launched an investigation into scheme fees imposed by Visa and Mastercard and their potential negative impact on retailers. |
September 2024 | Mastercard acquired the cybersecurity company Recorded Future for $2.65 billion. |
July 24 2024 | Mastercard announced a return to Formula One by signing a multi-year sponsorship deal with McLaren Racing. |
2023 | Mastercard reached a new revenue milestone of $25,098 million with 33,400 employees, demonstrating continued expansion and market strength. |
November 17 2023 | The Chinese government approved Mastercard's local bank card clearing license, allowing the joint venture to issue Mastercard bank cards that use RMB for payment. |
August 30 2023 | The American Civil Liberties Union, along with a coalition of organizations, filed a complaint with the Federal Trade Commission requesting an investigation into Mastercard's adult content policy as a potential unfair business practice. |
April 2023 | The Hill reported on Mastercard's updated policy for adult content verification and review requirements. |
April 2023 | Mastercard announced plans to expand partnerships with cryptocurrency firms, introducing the Mastercard Crypto Credential service to enable cross-border transactions compliant with Financial Action Task Force (FATF) regulations. |
2022 | NatWest Group started switching existing customers to Debit Mastercard and providing new customers with Debit Mastercard. |
2022 | Following the Russian invasion of Ukraine, Mastercard banned cards from being issued or used in Russia, suspending all business operations in the country. |
2022 | Mastercard continued strong growth, reporting annual revenue of $22,237 million and expanding to 29,900 employees. |
November 2022 | Mastercard's rival Visa terminated its agreement with FTX, highlighting the challenging regulatory environment for cryptocurrency partnerships. |
September 2022 | Mastercard acquired the title sponsorship rights for all international and domestic home matches organized by the Board of Cricket Control in India. |
June 2022 | Rabobank begins offering Debit Mastercards, expanding their card options alongside existing Visa Debit cards. |
June 2022 | Mastercard began allowing cardholders to purchase NFTs via various NFT scaling platforms. |
June 16 2022 | RBI lifted the business restrictions on Mastercard with immediate effect, allowing the company to resume issuing new cards in India. |
2021 | First Direct began switching existing customers from Visa debit cards to Debit Mastercard. |
October 2021 | Mastercard announced a partnership with Bakkt to allow banks and merchants on its network to offer crypto services. |
October 2021 | Mastercard implemented new policies requiring adult content sellers to have age and identity verifications and content review prior to posting. |
July 14 2021 | Reserve Bank of India (RBI) indefinitely banned Mastercard from issuing new debit or credit cards to domestic Indian customers, effective July 22, 2021, due to violations of data localization rules. |
April 2021 | Mastercard created a carbon footprint calculator to help customers measure their carbon emissions. |
February 2021 | Mastercard admitted liability for breaching competition rules in relation to pre-paid cards following an investigation by the British Payment Systems Regulator. |
February 10 2021 | Mastercard announced support for cryptocurrencies, planning to directly support select cryptocurrencies on their network with a focus on digital assets for payments. |
2020 | During the COVID-19 pandemic, Mastercard experienced a slight revenue decline to $15,301 million, while maintaining employee growth to 21,000. |
2020 | Mastercard's regulatory ban in Vietnam was lifted after the company committed to complying with Vietnamese payment regulations. |
December 2020 | Mastercard barred the use of its credit cards on Pornhub, an online pornography site, implementing content restrictions. |
May 2020 | Mastercard announced the Mastercard Track Business Payment Service, creating a directory of suppliers to facilitate business-to-business payments with improved payment rule controls. |
2019 | Concludes its brand stylization period, solidifying its contemporary corporate identity. |
2019 | Mastercard hit peak performance with revenue of $16,883 million, share price reaching $300.74, and workforce growing to 18,600 employees. |
November 2019 | Preliminary approval of a $6.24 billion settlement in the ongoing lawsuit against Mastercard and Visa regarding interchange fees, with certain merchants appealing the settlement. |
January 2019 | The European Commission imposed an antitrust fine of €570,566,000 on Mastercard for obstructing merchants' access to cross-border card payment services by enforcing country-specific interchange fee rules. |
January 2019 | Mastercard removed its name from its logo, leaving just the overlapping discs. |
2018 | The State Bank of Vietnam (SBV) requested banks to temporarily halt the issuance of new Mastercard cards due to violations of international payment regulations, specifically non-compliance with the National Payment Corporation of Vietnam (NAPAS). |
2018 | Bloomberg News revealed that Google paid millions of dollars to Mastercard for access to users' credit card transaction data, with the deal having been previously undisclosed to the public. |
2018 | Mastercard became the first major sponsor for League of Legends esports, sponsoring the World Championship, Mid-Season Invitational, and All-stars event. |
May 14 2018 | After PASPA was overturned, Mastercard provided new guidance to member banks, clarifying that state location restrictions apply to the individual placing the wager, and introduced a dedicated merchant category code (MCC 7801) for online gambling. |
April 6 2018 | RBI set data localization and storage rules under the Payment and Settlement Systems Act, 2007 (PSS Act). |
2017 | Mastercard committed to investing $750M in cashless apps and technology, with a primary focus on the Indian market, spanning the period from 2017 to 2020. |
2017 | CEO Ajay Banga launched a strategic initiative to extend financial services to unbanked populations worldwide, with a significant focus on digital payment systems. Mastercard invested $500M in India, establishing offices in Pune and Vadodara to promote cashless transactions. |
August 2017 | Mastercard acquired Brighterion, a company with intellectual property in artificial intelligence and machine learning. |
2016 | Mastercard UK signed the HM Treasury's Women in Finance Charter, committing to balanced gender representation by becoming one of 144 companies to make this pledge. |
July 2016 | Mastercard introduced a new rebranding, changed their service name from 'MasterCard' to 'mastercard', and unveiled a new corporate logo. |
July 16 2016 | Citicards completely discontinued support for PayPass. Existing PayPass-enabled plastic and keyfobs remained functional until their expiration date, with no new PayPass hardware issued to US customers after this date. |
December 2015 | Citicards in the US stopped issuing PayPass-enabled plastic cards, though keyfobs remained available upon request. |
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This contents of the box above is based on material from the Wikipedia articles Mastercard & Debit Mastercard, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.