CaribPR Wire

CARIBPR WIRE, MIAMI, FL, Weds. July 10, 2024: Datapro, a leading provider of core banking systems and digital solutions, recently collaborated with Mastercard to expand the integration of Mastercard Cross-Border Services, a solution within the Mastercard Move portfolio of money transfer solutions. The collaboration will provide Datapro’s customers throughout Latin America and the Caribbean with access to fast, transparent, and convenient cross-border payment experiences.

Increasingly, consumers are looking for ways to send money across the globe quickly and securely. In fact, delivery speed, security, receipt confirmation and the ability to use an app are the top factors driving choice of online solutions, according to Mastercard’s latest Borderless Payments Report. To accelerate innovation and respond to consumer needs, Datapro removes the technical barriers to implementation that financial institutions may currently face when adopting new payment solutions.

“We are incredibly excited to collaborate with Mastercard in order to bring new digital payment solutions to customers across the region,” said Ignacio Blanco, CEO of Datapro. “Datapro has a solid track record of success within Latin America and the Caribbean for more than 45 years. This collaboration is a strong testament to Datapro’s ongoing commitment to supporting financial institutions in driving innovation and providing impactful digital solutions to their customers.”

Mastercard Cross-Border Services enables participating financial institutions across the world to offer their customers international payments in more than 60 currencies to over 100 markets covering 90% of the world’s population. As part of the Mastercard Move portfolio, the service offers users flexibility in how funds are received with full transparency and predictability over transaction status and delivery time. End points can include bank accounts, mobile wallets, cards, and cash payout locations.

“As the global economy evolves, people should be able to move money however they want and whenever they want. This requires an enhanced suite of services to ensure funds move quickly, seamlessly, and safely. By connecting Datapro’s platform to Mastercard Cross-Border Services, their customers will have access to seamless cross-border transfers underpinned by the reliability of the Mastercard network”, said Walter Pimenta, Executive Vice President, Commercial Payments and New Flows, Latin America and the Caribbean.

The collaboration will be effective across Latin America and the Caribbean, where Datapro will expedite the integration process for financial institutions with Mastercard’s Cross-Border Services. The collaboration features advanced data integration, business rule management, and API orchestration for financial institutions. This approach provides an agile and streamlined implementation, removing the common hurdles of technical integration and lengthy onboarding processes.

About Datapro Inc.
Datapro is a leader in core banking and digital banking technology, with more than 100 customers in over 20 countries. Our vision is to be recognized as the architects of the banking evolution towards a digital world. We have been helping financial institutions across Latin America, the Caribbean, the US and the EU for the past 45 years to modernize their infrastructure and to deliver innovative digital solutions to their customers. In 2021, Datapro was acquired by Vencora, which is part of Constellation Software Inc. (CSU – TSE).

About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Mastercard and the circles design are registered trademarks of Mastercard International Incorporated. © 2024 Mastercard. Cross-Border Services (part of the money movement portfolio known as Mastercard Move) may be provided by Mastercard Transaction Services Corp. through its subsidiaries and affiliates. In some jurisdictions services may be provided by subsidiaries or affiliates that hold licenses to engage in money transmission. For a list of those jurisdictions, see b2b.mastercard.com/licenses. Terms and conditions apply.

Services are subject to availability and certain restrictions, and Mastercard reserves the right to change, from time to time, in Mastercard’s sole discretion, the design, operation and functionalities of, and services comprising, the Cross-Border Services. Alternate designs, operations and functionalities of, and services comprising, Cross-Border Services may be available, from time to time, to participants on separate terms outside of what is represented here. The availability, operations and functionalities of, and services comprising, Cross-Border Services may vary by location.

Mastercard makes no representations as to any aspect of the service provided by third parties.​

Mastercard Cross-Border Services is a suite of products offered in the US by Mastercard Transaction Services (US) LLC u/a/n New York Bay Remittance, NMLS ID# 900705, licensed as a Money Transmitter by the New York State Department of Financial Services, or through its licensed subsidiaries.

About Mastercard Move
Mastercard Move provides banks, non-bank financial institutions, direct disbursers, and their customers with a fast, secure money transfer solution, domestically and internationally. The portfolio reaches more than 180 countries and 150+ currencies, with access to over 95% of the world’s banked population.

Mastercard Move enables customers to enhance their money transfer offerings and maximize revenue by giving end users transparency and choice: specifically, by enabling trackable payments, visibility of fees, estimated delivery times and, depending on the market, the option to receive payouts to bank accounts, digital and mobile wallets, card and cash.

The portfolio includes Mastercard Cross-Border Services and Mastercard Send.

Copyright © 2024

Datapro y Mastercard se unen para ampliar las oportunidades de pagos transfronterizos en América Latina

CARIBPR WIRE, MIAMI, FL, Weds. July 10, 2024: Datapro, proveedor líder de sistemas bancarios centrales y soluciones digitales, colaboró ​​recientemente con Mastercard para ampliar la integración de Mastercard Cross-Border Services, una solución dentro del portafolio de soluciones de transferencia de dinero de Mastercard Move. La colaboración permitirá a los clientes de Datapro en toda América Latina y el Caribe acceder a experiencias de pago transfronterizas y nacionales rápidas, transparentes y convenientes.

Cada vez más, los consumidores buscan formas de enviar dinero a través del mundo de manera rápida y segura. De hecho, la velocidad de entrega, la seguridad, la confirmación de recibo y la posibilidad de utilizar una aplicación son los principales factores que impulsan la elección de soluciones en línea, según el último Informe de Pagos sin Fronteras de Mastercard. Para acelerar la innovación y responder a las necesidades de los consumidores, Datapro elimina las barreras técnicas de implementación a las que las instituciones financieras pueden enfrentarse actualmente al adoptar nuevas soluciones de pago.

“Estamos increíblemente entusiasmados de colaborar con Mastercard con el fin de llevar nuevas soluciones de pago digital a los clientes de toda la región”, mencionó Ignacio Blanco, CEO de Datapro. “Datapro tiene una sólida trayectoria de éxito en América Latina y el Caribe desde hace más de 45 años. Esta colaboración es un fuerte testimonio del compromiso continuo de Datapro de apoyar a las instituciones financieras para impulsar la innovación y ofrecer soluciones digitales impactantes a sus clientes”.

Con los Mastercard Cross-Border Services las instituciones financieras participantes en todo el mundo pueden ofrecer a sus clientes pagos internacionales en más de 60 divisas y más de 100 países que cubren el 90% de la población mundial. Como parte del portafolio de Mastercard Move, el servicio ofrece a los usuarios flexibilidad en cómo se reciben los fondos, con total transparencia y previsibilidad sobre el estado de la transacción y el tiempo de entrega. Los puntos finales pueden incluir cuentas bancarias, cuentas bancarias, billeteras digitales, tarjetas y efectivo.

“A medida que evoluciona la economía mundial, la gente debe poder mover dinero como quiera y cuando quiera. Esto requiere un conjunto de servicios mejorados para garantizar que los fondos se muevan de forma rápida, fluida y segura. Al conectar la plataforma de Datapro a Mastercard Cross-Border Services, sus clientes tendrán acceso a transferencias transfronterizas sin interrupciones respaldadas por la confiabilidad de la red Mastercard”, comentó Walter Pimenta, vicepresidente ejecutivo de Pagos Comerciales y Nuevos Flujos para América Latina y el Caribe.

La colaboración será efectiva en toda América Latina y el Caribe, donde Datapro agilizará el proceso de integración de las instituciones financieras con los servicios de Mastercard Cross-Border Services. La colaboración incluye integración avanzada de datos, gestión de reglas de negocio y orquestación de API para instituciones financieras. Este enfoque proporciona una implementación ágil y simplificada, eliminando los obstáculos comunes de la integración técnica y los largos procesos de incorporación.

Copyright © 2024

CARIBPR WIRE, COCKBURN TOWN, Turks and Caicos, April 23, 2024: We are pleased to announce that CardnPay newest affiliate, Turks and Caicos Banking Company (TCBC), will be issuing new international Mastercard Black and Platinum debit cards starting in April 2024.

The Mastercard Black and Platinum Debit Cards represent the pinnacle of sophistication and functionality, designed to cater to the discerning needs of individuals seeking superior payment experiences. With their sleek designs and advanced security features, these cards epitomize excellence in banking and elevate the standard of financial services in the region.

“We are thrilled to collaborate with TCBC in bringing the Mastercard Black and Platinum Debit Cards to the Turks and Caicos Islands,” said Mr. Barry Walsh, President of CardnPay Limited. “This partnership allows us to combine our expertise in payment processing with TCBC’s commitment to innovation, delivering unmatched value and convenience”.

“Turks and Caicos Banking Company is excited to launch Mastercard Black and Platinum Debit Card in partnership with CardnPay Limited”, said Mr. David Bee, Chief Executive Officer at TCBC. “This collaboration allows us to leverage our expertise in financial services and CardnPay’s cutting-edge payment processing technology to offer a truly elite banking experience.”

TCBC (www.turksandcaicos-banking.com) is a private Bank focused on efficient and convenient customer service. Established in 1980, Turks & Caicos Banking Company has been evolving alongside the Turks and Caicos Islands.

CardnPay Ltd. (www.cardnpay.com) is a wholly owned subsidiary of Bevertec CST Inc. and a Mastercard principal member. The company offers a Mastercard Affiliate Program to financial service providers in the Caribbean. The program comprises Mastercard licensing, card issuing, ATM acquiring, 3D Secure, Tokenization, payment processing and other value-added services on a subscription basis. For more information please contact:

Nathaly Gutierrez
Business Development Manager
[email protected]
Canada: Office : +1 416 695 7525 x2268

CardnPay y Turks and Caicos Banking Company lanzan tarjetas de débito Mastercard Black y Platinum en las Islas Turcas y Caicos

CARIBPR WIRE, COCKBURN TOWN, Islas Turcas y Caicos, April 23, 2024: Nos complace anunciar que la nueva filial de CardnPay, Turks and Caicos Banking Company (TCBC), emitirá nuevas tarjetas de débito internacionales Mastercard Black y Platinum a partir de abril de 2024.

Las tarjetas de débito Mastercard Black y Platinum representan el pináculo de sofisticación y funcionalidad, diseñadas para satisfacer las necesidades más exigentes de personas que buscan experiencias de pago superiores. Con sus diseños elegantes y funciones de seguridad avanzadas, estas tarjetas ejemplifican la excelencia en la banca y elevan el estándar de los servicios financieros en la región.

“Estamos encantados de colaborar con TCBC para llevar las tarjetas de débito Mastercard Black y Platinum a las Islas Turcas y Caicos”, dijo el Sr. Barry Walsh, presidente de CardnPay Limited. “Esta asociación nos permite combinar nuestra experiencia en procesamiento de pagos con el compromiso de TCBC con la innovación, ofreciendo valor y conveniencia inigualables”.

“Turks and Caicos Banking Company se complace en lanzar la tarjeta de débito Mastercard Black y Platinum en asociación con CardnPay Limited”, dijo el Sr. David Bee, director ejecutivo de TCBC. “Esta colaboración nos permite utilizar nuestra experiencia en servicios financieros y la tecnología de procesamiento de pagos de vanguardia de CardnPay para ofrecer una experiencia bancaria verdaderamente de élite”.

TCBC (www.turksandcaicos-banking.com) es un banco privado centrado en servicio al cliente eficaz y conveniente. Establecida en 1980, Turks & Caicos Banking Company evoluciona junto con las Islas Turcas y Caicos.

CardnPay Ltd. (www.cardnpay.com) es una subsidiaria de propiedad integral de Bevertec CST Inc. y miembro principal de Mastercard. La empresa ofrece un Programa de Afiliados de Mastercard para proveedores de servicios financieros en el Caribe. El programa incluye licencias de Mastercard, emisión de tarjetas, adquisición de cajeros automáticos, 3D Secure, tokenización, procesamiento de pagos y otros servicios de valor agregado por suscripción. Para más información comuníquese con:

Nathaly Gutiérrez
Gerente de desarrollo de negocios
[email protected]
Canadá: Oficina: +1 416 695 7525 x2268

Click Here for More Information »

This agreement will focus on enabling intra and inter regional payments and expanding financial inclusion in the Caribbean.

CARIBPR WIRE, Miami, Florida, Mon. June 12th, 2023 – Mastercard, a global technology company in the payments industry, has announced the signing of a Memorandum of Understanding (MoU) with the Caribbean Association of Banks Inc (CAB), the representative body and recognized voice for banks and other financial institutions in the Caribbean.

The partnership’s central objective is to enable cross-border payments across all CAB member jurisdictions, as a powerful tool to tend to the region’s unbanked and underbanked populations and bolster financial inclusion and economic growth. As part of its commitment, Mastercard will activate its technology, resources, and expertise to help banks successfully integrate this innovative solution into their product offerings, as well as share its knowledge and educational platforms to raise awareness among citizens and small business owners on the benefits of this service and other digital financial tools that can help them reach their fullest potential and improve their living standards.

Mayra Vivacqua, Cluster Lead for Mastercard Caribbean (West & Dutch, Jamaica & East Caribbean, and Puerto Rico), said “We are thrilled to enter into this partnership with the Caribbean Association of Banks Inc, which will drive the region’s digitalization and offer customers across various sectors, including consumers, SMEs, government agencies, B2B, and commercial entities, a safer, easier, and more convenient way of transferring money across borders. The knowledge and data we will leverage from this collaboration will enable us to advance financial inclusion and stimulate economic growth in the Caribbean region.”

Mastercard Cross-Border Services help banks modernize and optimize their global payments business to deliver an experience for people and businesses that is secure, seamless, and certain. Ultimately, the collaboration between Mastercard and the Caribbean Association of Banks Inc will provide unbanked and underbanked populations in the English Caribbean access to modern financial services, allowing them to enjoy the benefits of the digital economy and providing them with priceless payment experiences.

“I am profoundly satisfied at the successful execution of this Memorandum of Understanding. Cognizant of the immense challenges faced by the region, concerning intra and inter regional payments, primarily as a result of the onslaught of de-risking activity, this is certainly a step in the right direction and exemplifies the tireless efforts of the CAB to identify innovative solutions to the challenges of present”, stated Wendy Delmar, Chief Executive Officer of the Caribbean Association of Banks Inc. “The CAB acknowledges the increasing costs and complexity related to the transfer of funds among jurisdictions and is pleased to provide an option to the public via our member banks that is cost efficient and underpinned by the adoption of technology”, she added.

This partnership is part of Mastercard’s commitment to offering solutions that respond to specific market needs, benefiting millions of people in the Caribbean and taking a significant step towards achieving financial inclusion in the region.

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About Mastercard (NYSE: MA) www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships, and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

EDITOR’S NOTE: A photo for use with this story is available HERE

PHOTO CAPTION: L-R: Mayra Vivacqua, Cluster Lead for Mastercard Caribbean (West & Dutch, Jamaica & East Caribbean, and Puerto Rico and Wendy Delmar, Chief Executive Officer of the Caribbean Association of Banks Inc.

• The Belle Block™ is a Mastercard-led initiative to focus on education, conversation and building for the future.
• The program expands its presence in Latin America and the Caribbean thanks to a partnership with WAGMI LatAm.

MIAMI, Nov. 29, 2022 /PRNewswire-HISPANIC PR WIRE/ — Mastercard introduced The Belle Block™ in Latin America and the Caribbean (LAC), during the 11^th edition of the Mastercard LAC Innovation Forum. The Belle Block™ is a community launched in June 2022 to educate and empower women and non-binary individuals to benefit from Web3 technology and crypto. This expansion to the region comes in partnership with WAGMI LatAm, an education initiative aimed at bringing 5 million Latin women into Web3 by 2030.

Mastercard believes in the power of technology and its ability to build a better future that includes everyone. This new group focuses on delivering on key building blocks: Business Growth, Education, Leadership, Legal & Regulatory Advocacy and Entrepreneurship.

Today’s crypto climate requires looking ahead, informing, and giving more people the choice to explore and engage in the crypto ecosystem to better understand the power of blockchain. Although women and men are using crypto for similar reasons – investing, buying, trading, and opening wallets – 77% of Latin American women who are familiar with crypto agree they would use it more if they understood it better.*

“Digital assets have the power to transform the way we pay, get paid, and invest. Together with the crypto community, we want to ensure we are bringing more women and underserved to the table in the Web3 and crypto world so they can have an active role in leading the future of payments”, says Janet Rivera-Hernandez, Vice President, Communications, Latin America and the Caribbean.

The Belle Block™ partners with the founders of groups fostering education and collaboration, including SheFi, HerHouse, Blu3 DAO, and Boys Club, to get more women involved and to develop products that empower women and other minorities. In Latin America and the Caribbean, the initiative is supported by WAGMI LatAm, a program that aims to increase the participation of Latin women in the United States and Latin America in the Web3 world.

“WAGMI LatAm brings together more than 30 organizations in the U.S. and Latin America to ensure Latin American women are co-creators and active participants in the evolution of the Web3 ecosystem by providing access to education, resources and conducting research,” said Laura Navarro Muñoz, Governor of H.E.R. DAO LATAM and one of the three founding member organizations of WAGMI LATAM. “Based on our experience, community-building and education will be key to achieve WAGMI LATAM’s goal of onboarding 5 million women into Web3 by 2030 and we are looking forward to working with Mastercard to achieve this goal.”

Last June, Mastercard launched its 2022 New Payments Index, a global survey among 35,000+ consumers in 40 countries, which found those already familiar with the crypto space, women especially, have a heightened interest in expanding their knowledge. 95% of Latin American women have heard of cryptocurrency, but their current understanding of crypto and digital asset terminology is less robust than men, including non-fungible tokens (NFTs) – 42% of women are aware vs. 56% of men, blockchain – 28% of women are aware vs. 44% of men,  and central bank digital currencies (CBDC) – 43% of women are aware vs. 52% of men,.* There is a clear opportunity to engage women by initiating a platform to inform, exchange and educate to help bridge this gender gap.

Mastercard’s Commitment to Diversity, Equity & Inclusion (DEI):
Mastercard’s ongoing commitment to financial and social inclusion is at the intersection of innovation and technology. Recent work includes its LGBTQIA+ Pride Month Your True Self is Priceless campaign, new non-binary community research in 16 markets across Europe and North America, and the release of its refreshed Gender Balance initiative on the 50th anniversary of Title IX.

Source:
*Research conducted by The Harris Poll and Mastercard Global Foresights, Insights and Analytics from March 21 to April 21, 2022. Online interviews were conducted among 35,040 global adults (17,071 women, 17,969 men) and includes nationally representative samples from markets across 5 regions.

About Mastercard (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

About WAGMI LatAm

WAGMI LatAm is an education initiative led by H.E.R. DAO LatAm, CryptoConexión, and Unstoppable Women of Web3 to bring 5 Million Latinas into web3.

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51% of consumers in Latin America have already made a transaction with cryptoassets.

Latin Americans desire flexibility and convenience in digital currencies and payments and are seeking more support from their financial institutions.

MIAMI, June 22, 2022 /PRNewswire-HISPANIC PR WIRE/ — The digital payments revolution that began during the pandemic is consolidating and driving Latin American interest in cryptocurrencies. 51% of consumers in the region have already made a transaction with cryptoassets and more than a third say they have made a payment for an everyday purchase with stablecoin, reveals Mastercard’s New Payments Index 2022, a survey conducted between March and April of this year among more than 35,000 people around the world.

The New Payments Index annually evaluates consumer behavior concerning emerging payment methods. In its second edition, the study shows that financial innovation -cryptocurrencies, DeFI solutions, blockchain, NFTs- registers significant activity in the region, with consumers eager to learn more about this ecosystem.

In Latin America, 54% percent of Latino consumers are optimistic about the performance of digital assets as an investment. Meanwhile, two-thirds of Latinos want greater flexibility to use crypto and traditional payment methods interchangeably in their day-to-day operations.

“More and more Latin Americans are showing interest in cryptocurrencies and want solutions that facilitate access to the crypto world. At Mastercard, we are designing these solutions to expand digital inclusion and strengthening alliances that guarantee operability and support”, said Walter Pimenta, executive vice president, Products and Engineering, Mastercard Latin America and the Caribbean.

The survey shows that consumers in Latin America and the Caribbean would feel more confident investing (69%) and making/receiving payments (67%) in cryptocurrencies if they were issued or backed by a trusted organization. Another 82% acknowledge that they would like to have cryptocurrency-related functions available directly from their current financial institution.

Digital payments, convenience and flexibility
Mastercard’s New Payments Index 2022 reveals that 86% of Latino consumers have used at least one emerging payment method in the past year. While 77% of Americans and 74% of Europeans prefer traditional payment methods to newer ones, Latinos are willing to use emerging methods such as biometrics, digital currencies and QR code, in addition to contactless payments.

“The future of payments is already here. Increasingly Latin Americans are turning to technology to conduct their financial transactions and this trend is expected to continue to rise, with an overwhelming 95% planning to use a digital payment method in the coming year and 29% acknowledging having used less cash in the past year”, added Pimenta.

Consumers in the region are familiar with fintechs and open banking, which allows them to conveniently manage their personal finances. Nearly 50% of Latin American consumers already use digital channels for financial activities and 78% of them are interested in flexible payment solutions that allow them, for example, to change the payment date of their bills, especially those with irregular incomes and millennials.

Biometric payments: security and convenience
When deciding which payment method to use, Latinos prioritize security (54%), but also look for the speed that financial technology offers. Biometrics is emerging as an option to find that balance between convenience and security. Three out of four Latinos say that “using biometric technologies for identity and payments is more secure than a PIN, password or another form of identification,” but concerns persist about which entities have access to their data.

People under 40 and millennials are more likely to perceive emerging digital solutions as secure. While they still use them, people who grew up in traditional banking are more wary, which is – for all players in the payments chain – an opportunity to build trust.

To learn more about this year’s New Payments Index, click here to Mastercard’s Newsroom.

About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
www.mastercard.com

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CARIBPR Wire, Kingston, Jamaica, Mon. February 7, 2022: Mastercard and GCS International, a leading regional fintech based in the Dominican Republic, today extended their partnership to develop and deliver digital payments solutions to underserved consumers across the Caribbean. This partnership builds on the collaborative work already underway in the Dominican Republic and expands to include solutions in Jamaica.

The partnership will strengthen the economic growth potential in the Caribbean, providing the underserved population with a simple and secure real-time payment solution. Financial institutions will be provided with a white label mobile wallet solution, including Mastercard prepaid cards for international use, providing end users with innovative and enhanced payment options in line with market trends. The initiative demonstrates how technology can be harnessed to accelerate financial inclusion and give people more control, better banking experiences, and a wider range of payment choices.

During the signing of the agreement, Carlo Enrico, president of Mastercard’s Latin America and Caribbean region, highlighted: “Mastercard is committed to delivering a digital economy that works for all. As the fintech landscape evolves at an unprecedented speed, Mastercard provides the infrastructure and assets to help fintechs grow and attract more people to the digital economy. We look forward to collaborating with the GCS International team through this next stage of growth and provide the solutions that will drive financial inclusion at scale.”

At the same time, Brian Paniagua, CEO of GCS International expressed: “Our company has provided friction-less PFM (personal finance management) tools and solutions to consumers creating value for individuals and their societies in Guatemala and the Dominican Republic, and in the near future, Jamaica. This strategic alliance with Mastercard is a natural evolution in the industry goal towards achieving the financial inclusion of more countries in the Caribbean and capitalizes on GCS’ proven track record ability to apply leading technology to the financial industry in benefit of those who need it most. We look forward to expand this alliance in a near future to other countries in Central America as well.”

GCS International is a leading fintech in the Dominican Republic specialized in cutting-edge technology within the payments industry, focused on the development of mobile solutions key to people’s needs such as transfers between accounts, payment of basic services, loan payments, among others.

Mastercard will continue to advance equitable and sustainable economic growth and financial inclusion around the world through a broad range of efforts. Last year, the company announced the expansion of its worldwide commitment to financial inclusion by pledging to bring a total of 1 billion people and 50 million micro and small businesses into the digital economy by 2025.

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About Mastercard (NYSE:MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all. www.mastercard.com.

About GCS International

GCS International is a FinTech committed to promoting digital transformation in Latin America and the adoption of new alternative channels, promoting greater access to financial services through innovative digital technologies. They believe in generating a positive social impact that meets high social, environmental and community standards by providing new platforms for inclusion and prosperity.

www.gcs-international.com

EDITOR’S NOTE: ACCESS PHOTO FOR USE WITH THIS ARTICLE HERE

CAPTION: L – r: Brian Paniagua, CEO of GCS International; Carlo Enrico, president of Mastercard for Latin America and the Caribbean; Marcelo Tangioni, Caribbean Division President, Mastercard.

• Mastercard is bringing contactless acceptance to the Butterfield Bermuda Championship, enabling fans to make fast, simple, and secure payments

CaribPR Wire, HAMILTON, Bermuda, Thurs. Oct. 28, 2021: Moving toward a world beyond cash, Mastercard is partnering with Butterfield to bring its cardholders a fully contactless payment experience at the Butterfield Bermuda Championship, an official PGA TOUR event that will be held at the Port Royal Golf Course in Southampton, October 25 to 31.

In addition to contactless acceptance at the Butterfield Bermuda Championship, Butterfield Mastercard cardholders will enjoy exclusive opportunities, which will make their experience and attendance to the event a priceless one. With this partnership, Mastercard demonstrates its continued commitment to provide consumers with Priceless experiences that bring fans closer to the action and to see the world’s best golfers compete.  “Alongside our partners at Butterfield, we’re committed to celebrating and supporting the shared passions of our communities and are thrilled to provide the resources needed to help Bermuda continue to thrive in an increasingly contactless world,” said Marcelo Tangioni, president of Mastercard’s Caribbean Division.

Technology has taken a front seat in our world due to the unexpected arrival of COVID-19. In this new world, Bermuda is leading the way as one of the world’s first countries that has eliminated the use of paper notes, choosing to go totally contactless. In 2018, Bermuda began the process of adding the “tap-and-go” technology, to enhance card security and give customers a quicker checkout process.  Card usage is high in general in the Caribbean region, especially in Barbados and Puerto Rico; while mobile payments were already gaining traction in 2020 and now have increased widely in markets such as the Bahamas, according to data provided by Finextra.

As a result of the challenges presented by COVID-19, consumers are adopting new payment habits at an accelerated pace, according to the Mastercard New Payment Index conducted in 18 countries, including several markets in Latin America and the Caribbean region. The study shows nearly 90% of in-person transactions globally take place at a contactless-enabled merchant, and nearly all merchant categories saw an increase in contactless transactions as a share of total in-person transactions year-over-year in the first quarter of 2021.

Using contactless payment methods while at sports events, such as golf, is especially convenient, as it reduces the inconvenience of carrying cash, including having to purchase local currency (if applicable), carrying large amounts of cash, or running out of cash in a restaurant, golf facility or other.  Places such as Bermuda that have adopted this method early – the first country to formally adopt a non-paper money economy will be Sweden in 2023—are positioned to attract technology-oriented, savvy, and affluent tourists to enjoy their sports events.

For more information about the Butterfield Bermuda Championship, please visit www.bermudachampionship.com. For more information about Mastercard and its technology-driven solutions for customers who are seeking priceless experience, please visit www.mastercard.com.

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About Mastercard (NYSE:MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

www.mastercard.com

About Butterfield Bermuda Championship

The Butterfield Bermuda Championship is an annual stop on the PGA TOUR. To date, the tournament has raised over $400,000 for local charities. This is the first PGA TOUR event ever held in Bermuda, highlighted by a field that includes a minimum of four Bermudians who qualify to compete via a Local Qualifying event. Scheduled for October 28 to 31 at Port Royal Golf Course in Southampton, the 2021 Butterfield Bermuda Championship will feature a field of 132 players, 72 holes of stroke play and a purse of US $6.5 million. This official FedEx Cup event will showcase Bermuda to the world with 14 hours of live Golf Channel broadcast. For more information, visit bermudachampionship.com and connect with the tournament on Facebook, Twitter and Instagram.

MIAMI and SANTIAGO, Chile, June 23, 2021 /PRNewswire-HISPANIC PR WIRE/ – Mastercard and LATAM Airlines Group announced today they have signed a seven-year agreement that seeks to enhance the travel experience for passengers around the world. As part of the agreement, the companies will introduce new credit card solutions and benefits that meet the evolving needs of frequent travelers—digitizing the travel experience with personalized, contactless, and secure technologies—and consists of two implementation phases.  The first, which begins today, expands the benefits of LATAM Pass credit cards in Chile, Argentina, Brazil and Ecuador. The second phase will begin later this year and will include other relevant markets within Latin America.

For several years, Mastercard and LATAM Pass, the most relevant frequent flyer program in Latin America, have collaborated with issuing banks to introduce co-branded credit cards and benefits to their loyal customers when flying to more than 115 destinations within the LATAM network.

“Many industries, including travel, are accelerating their digital transformation to deliver innovations across consumer touch points,” said Kiki del Valle, executive vice president of Market Development for Latin America and the Caribbean for Mastercard. “With our data analytics and ability to continuously adjust to consumer trends and market forces, we are excited to innovate in the travel space together with the LATAM Airlines Group team, which is equally passionate about evolving the travel experience for the digitally connected traveler.”

LATAM Pass VP Ralph Piket noted that, “we are sure that the partnership agreement with Mastercard will allow us to not only further accelerate our innovation, but also to improve the travel experience of our customers. As we know, the future of the airline industry is essentially being digital and seamless, and LATAM is working in that regard. In this context, the partnership with Mastercard is a very relevant step on that path and adds to the launch of our e-business unit last year.”

Both parties will begin work on the launch of new benefits and new Mastercard LATAM Pass programs, offering more mileage accrual and redemption alternatives in both travel and partner merchants, which will be communicated as soon as they are available.

About Mastercard (NYSE: MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
www.mastercard.com

About LATAM
LATAM is the principal group of airlines in Latin America present in five domestic markets in the region: Brazil, Chile, Colombia, Ecuador and Peru, in addition to international operations inside Latin America and between it and Europe, the United States, and the Caribbean.
The group has a fleet of Boeing 767, 777, 787, Airbus A321, A320, A320neo and A319 aircraft.
LATAM Cargo Chile, LATAM Cargo Colombia, and LATAM Cargo Brazil are the LATAM Airlines freight subsidiaries. In addition to having access to the passenger cargo holds of LATAM Airlines Group, they have a fleet of 11 freighters, which will gradually increase to a total of up to 21 freighters by 2023.
They operate on the LATAM Group network as well as International routes that are solely used for shipping. They offer modern Infrastructure, a wide variety of services and protection options to meet all customer needs.
For press inquiries write to comunicaciones.externas@ latam.com . More financial information is available at www.latamairlinesgroup.net
www.latam.com

Priceless Planet Coalition global pledge is to plant 100 million trees in five years

CaribPR Wire, Thurs. March 18th, 2021 – Scotiabank joins Mastercard on the expansion of the Priceless Planet Coalition to generate climate change awareness and impact across four Caribbean countries: Jamaica, Barbados, The Bahamas and the Dominican Republic. As part of the launch of this initiative, Scotiabank cardholders can contribute to different forestation initiatives through online purchases made with their ScotiaCard.

This global coalition unites the efforts of merchants, banks, cities and consumers to make meaningful investments to preserve the environment through the restoration of 100 million trees over five years, together with forestry experts from Conservation International and World Resources Institute. Other participating members are Transport for London and American Airlines, among others around the world, all of which are investing in innovative ways to inspire collective actions to address climate change. In the Caribbean, a place where climate change further impacts the effects of devastating hurricanes, Scotiabank has pioneered several initiatives to reduce Carbon emissions.

The current pandemic has underscored how interconnected our world has become, and that the health and well-being of our planet is deeply linked to that of our people. Together, Mastercard and Scotiabank are taking action now to combat global warming. Until April 22, current and new Bank cardholders in Jamaica can contribute to planting a tree for every five online purchases of J$4350 or more. The goal is to plant a total of 75,000 trees, based on purchases made in Jamaica, Barbados, The Bahamas and the Dominican Republic.

“Scotiabank is guided by our purpose: “for every future”. We recognize that climate change is one of the most pressing issues of our time, and through our Climate Commitments, we are dedicated to supporting actions that address this challenge through our banking operations,” said Anya Schnoor, Executive Vice President of Scotiabank in the Caribbean, Central America and Uruguay. “As a leading Bank in the Americas, collaboration with other organizations is crucial for effective climate action. The Priceless Planet Coalition provides an opportunity for us to work alongside Mastercard to help make an impact and enables our customers in the Caribbean to be part of a very practical and tangible climate solution,” she added.

Climate change affects us all. In the Caribbean, the negative impact of extreme weather conditions on sectors such as agriculture and tourism can be significant. Reforestation has a direct and measurable impact on the environment.

“Mastercard is committed to protect the environment in every continent where it operates, and here in the Caribbean, where the weather is sometimes extremely punishing, suffering from very destructive hurricanes; we truly believe in our efforts on restoring the rainforests and the landscapes is a key element in the fight against climate change” said Marcelo Tangioni, President of The Caribbean Division at Mastercard. Mr. Tangioni also added that “We are very glad to welcome Scotiabank joining the Priceless Planet Coalition, for this constant work against the clock and mostly, to rebuild ecosystems with the help of all the partners of the Coalition.”

The Priceless Planet Coalition aims to reinforce a restoration model that is not only focused on planting trees, but on re-growing forests for a positive climate, community, and biodiversity impact. To learn more about Priceless Planet Coalition, please visit www.PricelessPlanet.org and follow us on social media #pricelessplanet.

To know more about Mastercard Corporate Social Responsibility’s Report and all its social and environmental efforts around the World click here

About Mastercard, www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

About Scotiabank

Scotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of over 90,000 employees and assets of approximately $1.1 trillion (as at October 31, 2020), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit http://www.scotiabank.com and follow us on Twitter @ScotiabankViews.

As part of MasterCard’s sponsorship of the festival, cardholders will receive a $15.00 discount on event tickets when using their MasterCard.

San Juan, Puerto Rico – For the sixth consecutive year, MasterCard and the Priceless Puerto Rico program have joined the biggest culinary festival of the Caribbean, Saborea Puerto Rico: A Culinary Extravaganza, as the exclusive card of the event. As part of this union, MasterCard’s debit and credit cardholders will receive a discount of $15.00 on the purchase of admission tickets. Moreover, MasterCard Black cardholders will have privileged access to the MasterCard VIP pavilion, where food and drink will be served in an exclusive environment within the event.

According to Manuel Catedral, general manager for MasterCard in Puerto Rico, “to be part of this important festival is of great importance, because it stimulates tourism, gastronomy, and the local economy. Without a doubt, it positions our Island of Enchantment as the culinary destination in the Caribbean, in line with the focus of our Priceless Puerto Rico program.”

The culinary festival will be held from April 5 through 7 of 2013 at Escambrón Beach, reaffirming itself as one of the main attractions for domestic and international tourism. The event will include multiple live demonstrations of chefs, tastings of local restaurants, pavilions of drinks and desserts, music, and entertainment.

“At MasterCard, we know that our users, both local and international, are passionate about gastronomy, which is one of the pillars of our Priceless Puerto Rico program. For this reason, we know that supporting events such as Saborea and providing this attractive discount offers a large added value to our cardholders, since it makes the event more accessible to them. We are quite proud to provide these benefits as part of our Priceless Puerto Rico program,” emphasized Lorena Holguín, vice president of marketing for MasterCard in the Caribbean.

Priceless Puerto Rico is a MasterCard program that provides its cardholders with discounts, offers, and exclusive experiences. The program has been implemented since July, 2011, with Puerto Rico being the first Caribbean country to join the program. Its purpose is to enrich the experience of the MasterCard cardholders, both local and international, through discounts, offers and priceless experiences. The program has experiences and benefits in six categories, based on the following consumer passion points: gastronomy, sports, music and entertainment, purchases, trips, and art and culture.

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About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the payment processing industry at the global level. It operates the fastest payment processing network in the world, connecting consumers, financial institutions, merchants, governments, and companies in more than 210 countries and territories. MasterCard’s products and solutions make daily commercial activities – such as making purchases, traveling, managing businesses, and administering finances – easier, safer, and more efficient for everyone. Follow us on Twitter@MasterCardNews, join the conversation on the blog Cashless Conversations Blog, and subscribe to receive the latest news.