News Summary:
On July 10, 2026, Mastercard joined over 140 companies, including Visa, Google, Samsung, and IBM, in backing the Open USD initiative, which seeks to integrate privately issued digital dollars into the global payment system following the US Genius Act. Earlier the same day, Mastercard and Neema announced a commercial partnership to enable real-time money transfers into Israel via Mastercard Move, an alternative to the traditional SWIFT banking network, with the service expected to launch in the coming months. Simultaneously, Mastercard's SME Confidence Index, a multi-market study across Eastern Europe, the Middle East, and Africa, found that 75% of small and medium business leaders in Saudi Arabia expressed optimism for their business outlook over the next 12 months, driven by digital payments. The company also expanded its Mastercard Fast Track airport access across Europe, adding Barcelona, Madrid, Athens, and Istanbul airports to its more than 200 global lanes as part of The Mastercard Collection.
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