Credit Card News
Advertising Disclosure
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Card Applications » News » Card Issuers » MasterCard and First Performance Global Expand Their Relationship

MasterCard and First Performance Global Expand Their Relationship

By
Add to Favorites:

MasterCard has taken its relationship with First Performance Global up a notch, by signing a deal expanding their intellectual property relationship and extending the licensing for its proprietary MasterCard In Control technology. This is seen as a way to give cardholders access to more financial tools and enhance security.

With this new deal, MasterCard will get an equity stake in First Performance and work with them to grow their reach when it comes to providing processors and payment card issuers with self-service tools for their credit and debit cardholders, giving them a more streamlined experience.

“The way people shop and pay is continually changing through new technologies,” said Geoff Iddison, executive vice president, strategic partnerships, MasterCard. “Solutions like these complement platforms like MasterPass and EMV in delivering cardholders both a better shopping experience and peace of mind in the protection of their accounts.”

The back story

First Performance Global began using The MasterCard License in 2014 to create its platform that makes it possible for consumers to “turn on” and “turn off” their debit and credit cards. With this technology they also gave cardholders a way to take control of how and where their cards were used, when using their GogoNogo mobile app. It can also be used to activate loyalty and rewards programs.

“We have enjoyed a great relationship with MasterCard,” notes A. Wayne Johnson, First Performance CEO and Executive Managing Director. “The expansion of our intellectual property relationship on a global basis is an exciting opportunity for our company.”

MasterCard, a technology company in the payments industry, runs a global payment-processing network, linking governments, businesses, financial institutions, merchants, and consumers in over 210 countries around the world. Their technology and products are used in a wide range of areas including traveling, shopping, managing finances, and business development.

First Performance Global provides financial institutions with a platform, offering them the ability to provide their customers with card management, customer self-service capabilities, messaging and loyalty tools in order to give cardholders a better experience while also boosting interactive communication and security.

Add to Favorites:

Related News:

MasterCard Investing in Cybersecurity

By Dar Dowling, Posted: February 25, 2015

MasterCard is upping the security ante by investing $20 million in cybersecurity technology designed to not only thwart hackers, but to give customers, merchants and banks peace of mind. Continue reading
Better Safe Than Sorry When It Comes To Cyber Crime

By Dar Dowling, Posted: November 02, 2015

Americans are battening down the hatches when it comes to cybercrime with breaches up 23% last year, according to a new study. Continue reading
American Express and Costco to Break Ties

By Dar Dowling, Posted: February 17, 2015

American Express and Costco are ending their relationship, with the split slated to take effect on March 31, 2016. Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Get 0% Intro APR on Balance Transfers and Purchases for 21 months. After that, the APR will be 12.24%-22.24% based upon your creditworthiness.
For Excellent/Good Credit
1% cash back on select purchases, terms apply
For Fair Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit