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Visa and MasterCard have both suspended the use of credit card transactions that fund online gambling accounts.

MasterCard won six awards, including Best Overall Corporate University, at the 11th annual Corporate University Xchange Awards for Excellence and Innovation.

Analysis of prepaid card industry has found that the rising popularity of prepaid cards are having a major impact on the profits of Visa and MasterCard.

Larry Flanagan, chief marketing officer and executive vice president, of MasterCard Worldwide, has been announced as a speaker at the Global Sports Industry Summit in Paris, France from September 28 – October 1.

The Bill & Melinda Gates Foundation and The MasterCard Foundation are founding a $16 million program through Opportunity International to provide access to savings accounts and agricultural loans in rural sub-Saharan Africa.

MasterCard has announced that they will be the inaugural sponsor of the American Payroll Association’s Money Matters National Education Day on Sept. 9, 2010 during National Payroll Week.

Plastic Cash International and MasterCard will now be offering MYPLASH open-loop prepaid gift cards and reloadable prepaid gift cards.

The MasterCard Foundation and the Equity Group Foundation launched a new scholarship program to provide $4.6 million in educational support to 676 Kenyan students over the next five years.

MasterCard and US Airways are partnering to offer travel rewards to vacationers booking travel on US Airways and paying with a MasterCard. The promotion will save travelers up to $300 on vacations to the Caribbean, Hawaii and Mexico.

The Bank of America Upromise MasterCard offers $25 in college savings after the first qualified purchase with the card, 2% additional college savings on gas purchases at Exxon and Mobile, and 1% savings on all other purchases.

MasterCard will be waiving interchange fees on all donations made to The American Red Cross, AmeriCares, UNICEF, Save the Children and CARE USA on U.S. issued MasterCards.

The Bancorp Bank Payment Solutions Group, of Bancorp Bank, announced a new collaboration with Univision Communications to release the Univision MasterCard Gift Card. Univision is the United State’s leading Spanish media company.

US Airways has announced new changes to Dividend Miles, its frequent flier program, changing the minimum mileage for some trips but adding new award levels for all flight destinations.

Accor Hotels and MasterCard are partnering to offer MasterCard cardholders exclusive hotel deals and chances to win a variety of prize packages.

MasterCard announced the appointment of Kevin Stanton as President, MasterCard Advisors. MasterCard Advisors is the company’s professional services branch. The position will be effective Jan. 1, 2010.

Spirit Airlines new programs will make it easier for Free Spirit MasterCard holders to earn free flights, and to earn them more often. The new program will allow cardholders to redeem miles for a free round-trip ticket using 5,000 reward miles.

Facebook users have a new tool, the MasterCard Priceless Gift Finder, to help them find the perfect holiday gift for everyone on the shopping list.

Australian airline, Jetstar, announced the launch of Jetstar MasterCard, a new low-rate credit card that earns Jetstar dollars and is exempt from flight booking fees. Consumers can begin applying for the card on Oct. 29, 2009.

Utility companies are rapidly switching from paper-based billing to electronic billing both to reduce paper waste and to improve efficiency. As electronic payments for utilities become more commonplace, MasterCard aims to lead the market.

MasterCard launched Money Manager an online personal finance and budgeting service to help cardholders categorize and manage spending.

Major League Baseball and MasterCard Worlwide are extending their charitable partnership with Stand Up To Cancer through the 2009 postseason games.

The prepaid MasterCard from AchieveCard offers 100 percent approval for customers, offering consumers a valuable financial tool.

The MasterCard Foundation and Women’s World Banking announced the creation of a WWB Center for Microfinance Leadership. WWB is a global network of microfinance institutions and banks that are dedicated to the economic empowerment of low-income women.

Citi and Shell announced that the co-branded Shell MasterCard will reduce cash back rewards on fuel purchases from 3 percent to 1 percent.

Wal-Mart employees will no longer receive a paper paycheck. The retailer announced it will begin paying employees via direct deposit into a bank account or depositing into a MasterCard prepaid debit card account.

Managed Health Services, an Indianapolis based healthcare provider is rewarding its members with MasterCard Debit Cards for making proactive healthy choices.

Whataburger restaurants will soon have the necessary equipment and technology to begin accepting MasterCard PayPass.

Many retailers ask to see identification when customers pay using a credit card.

MasterCard and CyberShift are providing MasterCard issuers with CyberShift’s Expense Management Automation solution

Marketing platform, edo Interactive, has partnered with Aentra to provided consumers a new way to give monetary gifts.

MasterCard is giving away new priceless moments in the form of a new pair of jeans and a vacation to make sure the jeans are properly broken in.

With more travelers choosing to stay closer to home and save money, using a MasterCard can help make travel a bit more affordable.

MasterCard has made a million dollar pledge to educational programs in the St. Louis region.

WestJet, a leading Canadian airline, is launching a new travel rewards card with MasterCard.

MasterCard is one of the largest credit card issuers and is becoming a big player in the prepaid market for consumers who might not qualify for a traditional credit card.

Swagbucks, a search engine that rewards users with digital dollars redeemable for prizes, is now offering a $10 MasterCard gift card in exchange for 135 swagbucks.

Virtual credit and debit cards are a little known service that keeps personal payment information private by creating a one-time use number for online purchases. The PayPal virtual card is a MasterCard number used in place of a credit or debit card number

A MasterCard-linked college savings program is offering relief to anxious parents facing the financial burden of sending their children to college.

The sharp, continued drop in real estate sales has created a new opportunity for credit card companies and their customers, according to a report by Forbes.