Difference between revisions of "Mastercard"

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(Added COVID-19 section.)
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==Activities==
 
==Activities==
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In 2010, [[WikiLeaks]] published documents showing that American authorities lobbied Russia to defend the interests of Visa and Mastercard<ref>https://www.lepoint.fr/monde/wikileaks-en-russie-visa-et-mastercard-au-coeur-de-troublantes-revelations-08-12-2010-1272689_24.php</ref>.  
 
In 2010, [[WikiLeaks]] published documents showing that American authorities lobbied Russia to defend the interests of Visa and Mastercard<ref>https://www.lepoint.fr/monde/wikileaks-en-russie-visa-et-mastercard-au-coeur-de-troublantes-revelations-08-12-2010-1272689_24.php</ref>.  
  
 
In response, in December 2010, Mastercard blocked all payments to [[WikiLeaks]] with claims that they engage in illegal activity.<ref>http://news.cnet.com/8301-31921_3-20024776-281.html</ref>.
 
In response, in December 2010, Mastercard blocked all payments to [[WikiLeaks]] with claims that they engage in illegal activity.<ref>http://news.cnet.com/8301-31921_3-20024776-281.html</ref>.
  
==Extrajudicial reach==
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===Extrajudicial reach===
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Members of the European Parliament have expressed concern that payments from European citizens to a European corporation could apparently be blocked by the United States, and called for a further reduction in the dominance of Visa and Mastercard in the European payment system.<ref>http://www.trouw.nl/nieuws/media-technologie/article3332240.ece/Zorgen_over_dominantie_Visa_en_Mastercard_in_Europa.html/</ref>
 
Members of the European Parliament have expressed concern that payments from European citizens to a European corporation could apparently be blocked by the United States, and called for a further reduction in the dominance of Visa and Mastercard in the European payment system.<ref>http://www.trouw.nl/nieuws/media-technologie/article3332240.ece/Zorgen_over_dominantie_Visa_en_Mastercard_in_Europa.html/</ref>
  
==Corporate branding of all Nigerian ID Cards==
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===Corporate branding of all Nigerian ID Cards===
  
 
In 2014, pursuant to an agreement between Mastercard and the Nigerian Government, acting through the National Identity Management Commission, the new Nigerian ID cards will bear the Mastercard logo, contain personal database data and double as payment cards, irrevocably linking such payments to the individuals<ref>https://www.premiumtimesng.com/featured-news/167479-scandalous-outrage-in-nigeria-as-government-brands-national-id-card-with-mastercards-logo.html</ref>.
 
In 2014, pursuant to an agreement between Mastercard and the Nigerian Government, acting through the National Identity Management Commission, the new Nigerian ID cards will bear the Mastercard logo, contain personal database data and double as payment cards, irrevocably linking such payments to the individuals<ref>https://www.premiumtimesng.com/featured-news/167479-scandalous-outrage-in-nigeria-as-government-brands-national-id-card-with-mastercards-logo.html</ref>.
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===COVID-19===
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On March 10, 2020, Mastercard joined the [[Bill & Melinda Gates Foundation]] and [[Wellcome Trust]] in committing up to $125 million towards the creation of the [[COVID-19 Therapeutics Accelerator]].<ref>''COVID-19 Therapeutics Accelerator.'' (2020, March 10). Bill & Melinda Gates Foundation. http://archive.today/2021.04.25-054406/https://www.gatesfoundation.org/Ideas/Media-Center/Press-Releases/2020/03/COVID-19-Therapeutics-Accelerator</ref><ref>Suzman, M. (2020, March 10). ''Announcing the COVID-19 Therapeutics Accelerator.'' Bill & Melinda Gates Foundation. http://archive.today/2022.01.18-165008/https://www.gatesfoundation.org/ideas/articles/coronavirus-mark-suzman-therapeutics</ref>
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{{SMWDocs}}
 
{{SMWDocs}}
 
==References==
 
==References==
 
{{reflist}}
 
{{reflist}}

Revision as of 18:43, 3 June 2023

Group.png Mastercard  
(Financial institutionSourcewatchRdf-entity.pngRdf-icon.png
Mastercard.png
Formation1966
HeadquartersNew York
Member ofBetter Than Cash Alliance, Business Roundtable, Centre for European Policy Studies/Corporate Members, Council on Foreign Relations/Corporate Members, WEF/Strategic Partners
Membership• Richard Haythornthwaite
• Ajay Banga
• Steven J. Freiberg
• Julius Genachowski
• Choon Phong Goh
• Merit E. Janow
• Oki Matsumoto
• Rima Qureshi
• José Octavio Reyes Lagunes
• Youngme Moon
• Gabrielle Sulzberger
• Lance Uggla
• Mark Schwartz
• David R. Carlucci

Mastercard Incorporated is an American multinational financial services corporation headquartered in New York. Together with Visa, it has created a duopoly in many financial services.

Activities

In 2010, WikiLeaks published documents showing that American authorities lobbied Russia to defend the interests of Visa and Mastercard[1].

In response, in December 2010, Mastercard blocked all payments to WikiLeaks with claims that they engage in illegal activity.[2].

Extrajudicial reach

Members of the European Parliament have expressed concern that payments from European citizens to a European corporation could apparently be blocked by the United States, and called for a further reduction in the dominance of Visa and Mastercard in the European payment system.[3]

Corporate branding of all Nigerian ID Cards

In 2014, pursuant to an agreement between Mastercard and the Nigerian Government, acting through the National Identity Management Commission, the new Nigerian ID cards will bear the Mastercard logo, contain personal database data and double as payment cards, irrevocably linking such payments to the individuals[4].

COVID-19

On March 10, 2020, Mastercard joined the Bill & Melinda Gates Foundation and Wellcome Trust in committing up to $125 million towards the creation of the COVID-19 Therapeutics Accelerator.[5][6]


 

Known members

3 of the 14 of the members already have pages here:

MemberDescription
Ajay BangaIndian-US business with a lot of connections, especially to processed food. As Mastercard executive interested in a cashless society.
Julius Genachowski
Merit JanowCFR, TLC, Bilderberg 2004. In 2009, she became a member of the International Advisory Council of the Chinese sovereign wealth fund.
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References