MasterCard – InfoStride News

Mastercard Partners Smile ID to Strengthen Digital Identity Solutions in Africa

Temitope Nlewemchi — Wed, 25 Feb 2026 17:09:29 +0000

Mastercard has entered into an expanded partnership with Smile ID, a leading pan-African identity verification company, to boost the development of secure and scalable digital identity solutions across the continent. The collaboration is aimed at addressing the growing need for trusted digital identity systems that can foster financial inclusion, combat fraud, and support Africa’s rapidly [...]

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Mastercard Partners ASA to Boost Farmer Tech Solutions

Temitope Nlewemchi — Sun, 02 Nov 2025 14:32:41 +0000

Mastercard has announced a strategic partnership with ASA Microfinance Bank (ASA) to enhance digital and financial inclusion among smallholder farmers across Nigeria through innovative technology-driven solutions. The collaboration aims to empower farmers with access to digital payment systems, credit facilities, and data-driven tools that will help improve productivity and income. The initiative is part of [...]

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83% of Nigerian Women Embrace Entrepreneurship – Mastercard Study

Temitope Nlewemchi — Thu, 06 Mar 2025 22:58:30 +0000

A recent Mastercard study has revealed that 83% of Nigerian women are actively engaged in entrepreneurship, highlighting the country’s strong female-driven business culture. The report underscores Nigeria as one of the leading nations in women-led enterprises, with many women turning to business as a means of financial empowerment and economic stability. According to the study, [...]

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Mastercard and Lagos Food Bank Join Forces to Distribute 300,000 Meals to Schoolchildren

Temitope Nlewemchi — Thu, 31 Oct 2024 10:22:21 +0000

In a remarkable effort to combat food insecurity and promote the health and well-being of schoolchildren, Mastercard has partnered with the Lagos Food Bank Initiative to distribute 300,000 meals across various schools in Lagos State. This initiative is aimed at addressing the pressing issue of malnutrition among children, particularly in underserved communities, where access to [...]

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MasterCard collaborates with Bakkt to offer crypto and loyalty solutions

Temitope Nlewemchi — Mon, 25 Oct 2021 20:38:54 +0000

MasterCard, an American multinational financial services corporation has disclosed a partnership with Bakkt, which is a digital asset platform, to enable merchants, banks and fintechs in the United States to embrace and offer “a broad set of cryptocurrency solutions and services.” According to the announcement, MasterCard will be working with Bakkt to enable its U.S. [...]

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Mastercard Foundation plans to empower 200,000 youths

Temitope Nlewemchi — Thu, 21 Oct 2021 00:02:33 +0000

The Enterprise Development Centre (EDC) of the Pan Atlantic University has publicly established its partnership with Mastercard Foundation to create job opportunities for 200,000 Nigerians within five years. The organisations disclosed that the programme, which is aimed at providing training and capacity building schemes for Nigerian youths in Lagos, Kaduna and Kano States between the [...]

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MasterCard and Jobberman joins hand to boost employment in Nigeria

Temitope Nlewemchi — Wed, 22 Sep 2021 21:41:34 +0000

Jobberman which is identified as a job placement firm, has announced its commitment for Better Work initiative, as part of its longstanding partnership with the Mastercard Foundation. The employer-centred initiative is directed towards the radically bolster recruitment in Nigeria, with the eyed goal on driving female hires and providing integrated end-to-end support on the [...]

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Mastercard buys blockchain intelligence firm, CipherTrace

Temitope Nlewemchi — Sat, 11 Sep 2021 18:58:20 +0000

Payment giant, Mastercard seems to have its eyes set on cryptocurrencies as the company just acquired CipherTrace, a blockchain intelligence firm with crypto forensics capabilities. According to a business wire publication, the global payments giant has reached an agreement to acquire CipherTrace, founded in 2015 as the world’s first blockchain forensics company with insight into [...]

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RBI bars Mastercard from issuing new cards from July 22

Abiodun A. — Thu, 22 Jul 2021 04:46:34 +0000

In a major supervisory action, the Reserve Bank on Wednesday indefinitely barred the US-based Mastercard from issuing new credit; debit as well as prepaid cards with effect from July 22 for its failure to comply with data storage norms. Mastercard, a major card issuing entity in the country; is the third company to have been [...]

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Carnegie Mellon University Partners MasterCard Foundation To Educate Next Generation Of African Tech Leaders

Ade Adewale — Tue, 21 Jun 2016 12:12:12 +0000

Carnegie Mellon University’s commitment to educating Africa’s next generation of technology leaders and entrepreneurs received a boost on June 20 in Kigali, Rwanda with a $10.8 million commitment from The MasterCard Foundation. This new partnership, which will be established at Carnegie Mellon University’s College of Engineering program in Kigali, Rwanda, will benefit 125 academically talented but [...]

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