Healrworld Partners With Mastercard To Launch First Ever United Nations SDG-Focused Corporate Debit Card

HEALRWORLD, a social impact, for profit ESG Fintech, unveils its new corporate debit card at CC Forum – an investment conference which is 100% dedicated to investment in sustainability. In collaboration with Mastercard and its Priceless Planet initiative, RailSR, Toqio, and Penrose Digital, the HealRWorld corporate debit card will be the first of its kind to reward sustainable businesses and promote their commitment to the United Nations Sustainable Development Goals (UNSDGs).   The card is powered by HealRWorld’s proprietary sustainability data on global small and mid-sized businesses (SMEs), which indicates that…

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Mastercard Advances Social and Environmental Commitments, Outlining Progress in Annual Sustainability and DEI Reports

Mastercard released its 2021 Corporate Sustainability and Diversity, Equity, and Inclusion (DEI) reports, highlighting the company’s impact across Environmental, Social and Governance (ESG) to build a sustainable and inclusive digital economy where everyone prospers. This work is bolstered by Mastercard’s recent announcement to link compensation for all employees to ESG priorities for the company. “Building a more sustainable and inclusive world is both challenging and much needed,” says Michael Miebach, chief executive officer, Mastercard. “Our annual Sustainability and DEI reports show our progress in making a positive impact – as…

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Mastercard and Ravelin Partner to Reduce Fraud and Create Frictionless Checkout in Digital Quick Commerce

During the pandemic, online grocery orders rose by more than 50% and are expected to rise further this year, according to McKinsey research. More than ever, people make day-to-day purchases online, choosing quick commerce merchants that offer speed and convenience. As people open new accounts and make faster purchases, merchants are challenged to verify identities and manage evolving fraud threats in real time. To meet these needs, Mastercard and Ravelin, a leading machine learning fraud platform, have joined forces to deliver an enhanced fraud solution. Incorporating digital identity verification capabilities from Ekata…

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Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador and Honduras

During the 9th Summit of the Americas held in Los Angeles, California, Mastercard reinforced its commitment to advancing financial and digital inclusion in El Salvador, Guatemala and Honduras with a new set of commitments and programs focused on advancing economic empowerment for women and girls in the region.  The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America (PCA). According to the Latin American Center for Innovation and Entrepreneurship (CELIEM) Women’s Entrepreneurship Monitor of 2022, 60% of women business owners in Central America…

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Mastercard expands the Priceless Planet Coalition’s forest restoration effort

Mastercard is expanding the reforestation work of the Priceless Planet Coalition to include 15 new restoration projects, for a total of 18 globally. These projects will help accelerate progress toward the Coalition’s goal of restoring 100 million trees. Consumer desire to support initiatives that drive positive change for the environment is growing around the world; according to the Mastercard Economics Institute, consumer donations to environmentally focused charities grew 48.4% globally in 2022 when compared to pre-pandemic 2019 levels, overall outpacing donation growth to other organizations. The project portfolio of the…

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