OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Asian Markets Surge as Japan Election, Fed Rate Cut Bets, and Tech Rally Lift Global Sentiment 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
UniCredit S.p.A., the second-largest bank in Italy, announced it has signed a new deal with Mastercard to expand their partnership for payments. They have agreed to offer their services to more markets and banks.
As per Reuters, UniCredit and Mastercard’s agreement will cover 13 banks in 12 markets and in estimation, this means a total of 20 million cards. Their tie-up is expected to help deliver payment innovation while also improving the digital experiences of customers.
The international banking group headquartered in Milan said that this is the first time that a large, major commercial bank has put a single card in a multi-market of this scale as part of a business strategy in Europe. Mastercard said that UniCard has been an important partner of the company for many years thus, they are confident with their new deal.
Moreover, the enhanced collaboration between UniCard and Mastercard gives the essential resources to attain a shared goal of accelerating the pace of innovation in the payments industry while also putting the customers at the center of it all.
“This partnership epitomizes the essence of UniCredit Unlocked and our commitment to leverage the full impact of our multi-market footprint as one complete offering for the benefit of our clients,” UniCredit chief executive officer, Andrea Orcel, said in a press release. “Our geographical reach and Mastercard’s expertise in this space enable us to not only streamline our partnerships and contracts but enhance our digital, security, and product offering for all our current and future cardholders.”
Finally, Mastercard’s CEO, Michael Miebach, also said, “UniCredit has been an important partner for many years. Together we have created real solutions that help people and businesses across Europe. This expanded relationship will build on that experience to bring new innovations to UniCredit cardholders.”
Photo by: Alina Kuptsova/Pixabay
