Articles by tag: Mastercard
Biologists Figured Out How to Generate New Neurons in the Adult Brain, Revolutionizing Neurodegenerative Disease Research
Recently biologists discovered how to generate new neurons in the adult brain. This is an incredible breakthrough that has enormous potential to revolutionize neurodegenerative disease research. By generating genetically-mutated mice with a unique gene that activates dormant neural stem cells, scientists were able to generate new neurons in the brain. For years, scientists have […]
Amazon Grocery Stores Are Struggling. Experts Say They Were Unprepared to Handle Grocery’s Thin Margins.
Amazon went big and bold with its diversified brick and mortar strategy when it bought Whole Foods and launched cashier-less Amazon Fresh and Amazon Go stores across the U.S. Turns out this may have been a miscalculation for the e-commerce giant. Amazon’s CEO, Andy Jassy, speaking on the company’s fourth-quarter earnings call, revealed that […]
Which Lenses Filmed This Year’s Oscar Nominees? Turns Out There’s a Newcomer in Town
Everything Everywhere All at Once took home the golden statue from the field of ten Oscar nominees at the 2023 Academy Awards. Behind the scenes is an interesting story about the technical achievements of the movies receiving honors at this year’s Oscars. The stars behind that tale are the cameras and lenses that make […]
NYC, Goldman Sachs Launch Effort to Give Struggling Small Businesses a Lift
(Bloomberg) — New York City Mayor Eric Adams on Monday will announce a new partnership with Goldman Sachs Group Inc. and Mastercard Inc. that will create the largest public-private loan fund for small businesses in the city’s history. The $75 million NYC Small Business Opportunity Fund will offer businesses loans ranging from $2,000 to $250,000 […]
How Card Issuers and Merchants Maneuvered One Year of Mastercard’s Magstripe Phase Out
Coming up on one year from the official announcement, retailers and card issuers rejoiced at Mastercard’s announcement that by 2024, issuers will no longer be required to use magnetic stripes on their credit and debit cards. In response to growing security concerns for storing customer credit card information on a magnetic stripe, EMV chip-based cards […]
Will Transaction Fees in Retail Payments Go Extinct?
The majority of the world’s 2.8 billion credit cards are issued by just four powerhouses, and within that, it’s really a fight among the top two: Visa and Mastercard. According to ShiftProcessing.com, over half the credit card market share belongs to Visa alone, considering it has 335 million cards in circulation. It’s no surprise […]