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Mastercard Expands Virtual Card Platform with New Security Controls, Embedded Payments Network and Single API Access

Summary by Fintech News
New issuer controls, enhanced clearing controls and expanded embedded payments capabilities help enterprises and financial institutions manage virtual card programs with greater security, visibility and scale. Citi first to launch new capabilities Mastercard today announced a series of enhancements to Mastercard In Control® – the industry-leading virtual card number (VCN) platform according to Kaiser Associates – reinforcing its position as a gl…

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Lean Right

Recently, the adoption of Microsoft's generative AI service, Copilot, has been spreading within the credit card industry. It is being evaluated as well-suited to the financial sector's work environment due to its features that allow for searching internal documents, regulations, and reports while maintaining security, as well as supporting the creation of meeting minutes and data summarization. According to the credit card industry on the 25th, …

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FX News Group broke the news on Thursday, July 23, 2026.
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