Strategic Partnership · Financial Data / Open Banking · 2023

Mastercard partners with FIS Worldpay, Zip, JPMorgan Chase, and Verizon on open banking

Mastercard announced Open banking partnerships with FIS Worldpay, Zip, JPMorgan Chase, Verizon on October 24, 2023.

Primary
Mastercard
Counterparty
FIS Worldpay, Zip, JPMorgan Chase, Verizon
Structure
Open banking partnerships
Date
October 24, 2023
Sub-sector
Financial Data / Open Banking

Mastercard positions itself as open-banking intermediary between banks and fintechs, enabling data-sharing for payments and lending while navigating CFPB open-banking rules.

Primary company
Mastercard
Amount
Event date
October 24, 2023
HQ
Structure
Open banking partnerships
Source published
October 24, 2023
Publisher
American Banker / PaymentsSource

Source: americanbanker.com