Mastercard
American multinational financial services corporation
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| 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 | 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 | 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. |
| 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. |
| 2014 | Mastercard achieved significant growth with revenue reaching $9,441 million and employee count expanding to 10,300. |
| 2014 | Mastercard acquired Pinpoint, Australia's leading rewards program manager company. |
| 2014 | Mastercard partnered with the Nigerian Government's National Identity Management Commission to create national ID cards that incorporate Mastercard's logo, serve as payment cards, and link personal identification data, which drew criticism from the Civil Rights Congress for perceived invasive corporate branding. |
| September 2014 | Mastercard collaborated with Apple to incorporate Apple Pay mobile wallet feature into iPhone and Apple Watch models, enabling easier use of Mastercard and other credit cards. |
| 2013 | Forbes listed Mastercard as one of the best companies to work for, highlighting its positive corporate environment. |
| 2013 | Mastercard was under investigation by the European Union for high cross-border card fees and anti-competitive practices that could hinder electronic commerce and international trade. |
| June 2013 | Mastercard announced a partnership with British Airways to launch the Executive Club Multi-currency Cash Passport, offering members the ability to earn extra points and make multi-currency payments across ten different currencies. |
| November 27 2012 | A federal judge grants preliminary approval to a proposed settlement in the class-action lawsuit against Mastercard and Visa, with approximately one-fourth of named plaintiffs opting out. |
| July 12 2012 | A Reykjavík court ruled that Valitor (Visa and Mastercard's Icelandic partner) must process WikiLeaks donations within fourteen days or pay daily fines of ISK 800,000, and cover DataCell's litigation costs of ISK 1,500,000. |
| 2011 | Mastercard partnered with Google to launch Google Wallet, an Android application that allows mobile devices to send credit/debit card information directly to PayPass-enabled payment terminals. |
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