Hashtag
The Times

Mastercard onboards customers up to four times faster with Cloud Edge

Mastercard onboards customers up to four times faster with Cloud Edge

Backed by leading cloud providers like AWS, Cloud Edge gives customers greater flexibility and choice

SINGAPORE, June 16, 2025 /PRNewswire/ -- Mastercard today announced that Asia Pacific banks and fintechs can onboard to its network up to four times faster and streamline the launch of payment tools via Mastercard Cloud Edge, its cloud-based connectivity solution, offered in collaboration with cloud providers, including Amazon Web Services (AWS), an Amazon.com, Inc. company.

Fintechs worldwide are expected to grow approximately three times faster than the overall banking industry through 2028, powered largely by emerging markets growth in Asia Pacific[1]. This growth is further accelerated by cloud computing and will account for over $1 trillion in value across the world's top 500 companies. In Asia Pacific, cloud computing is integral for fintech growth and is set to drive the market to a projected value of nearly $311 billion by 2029[2].

"With Cloud Edge, Mastercard brings pioneering innovations in cloud and payments to Asia Pacific banks, financial institutions, and cloud-native organizations – meeting forward-thinking customers where they want to be," said Sandeep Malhotra, executive vice president, Core Payments, Asia Pacific, Mastercard. "Cloud Edge reinforces Mastercard's commitment to resiliency, redundancy and security while offering customers cost efficiency as well as greater choice, speed and flexibility. For instance, with cloud computing, fintechs can serve customers easily during demand spikes like national holidays or sales events without needing more physical infrastructure."

As an additional onboarding option, Mastercard Cloud Edge provides customers, including issuers, acquirers, network enablement partners and payment processors, with:

  • Seamless, private connectivity to Mastercard powered by the speed and scale of the cloud across Asia Pacific so customers are not tied to a single IT infrastructure or on-premises solutions.
    • Cloud Edge accelerates time to market and ensures regulatory compliance with local data storage and processing requirements so customers can develop fintech solutions more quickly.
  • Lower capital expenditure and maintenance costs by avoiding physical data center overheads.
  • Direct access to modern payment technology such as Transaction APIs built on ISO 20022-standardized payloads.

For example, Episode Six, a global provider of enterprise-grade ledger and cards infrastructure, is using Cloud Edge to assist banks, fintechs and payments organizations in Asia Pacific as they design and launch leading digital payment propositions like credit and B2B payments.

"All of Episode Six's bank-grade technology was created specifically for the cloud, and as such, we understand how important infrastructure is for partners to scale with greater security now and in the future," said John Mitchell, Co-Founder and CEO, Episode Six. "We are excited to collaborate with Mastercard on Cloud Edge so that we can reduce time to market for their clients, while ensuring security, backup and protection by encrypting and storing data in the cloud."

"The AWS Regions across Asia Pacific offer Mastercard extensive connectivity and secure cloud services. Together with Mastercard's global footprint, this provides organizations in the region with payment network access at low latency, ensuring seamless operations as well as compliance with regional data residency regulations," said Scott Mullins, Managing Director, Financial Services, AWS.

Mastercard Cloud Edge is available in Asia Pacific markets (including India, Australia, Singapore, Hong Kong SAR, Thailand), the United States, Canada and parts of Europe, Latin America, the Caribbean, Middle East and Africa.

About Mastercard (NYSE: MA),  www.mastercard.com

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

 

Mastercard onboards customers up to four times faster with Cloud Edge

Authors: PR Newswire

Read more https://www.prnasia.com/story/archive/4709908_AE09908_0

Health & Wellness

What Do Clinical Teams Need from Their Surgical Supply Partners?

Hashtag.net.au - avatar Hashtag.net.au

In clinical settings, surgical supply partners aren’t just vendors. They sit quietly behind the scenes of operating lists, specialist consultations, treatment rooms and recovery workflows. When they...

The Growing Focus on Communication Development in Children

Hashtag.net.au - avatar Hashtag.net.au

The early developmental years of a child's life represent a critical window for neurological growth, behavioural shaping, and language acquisition. During this formative phase, the ability to interpre...

Looking for a Family Dentist in Sydney? Here's What To Consider

Hashtag.net.au - avatar Hashtag.net.au

Finding the right family dentist in Sydney is one of the most important health decisions you can make for your household. With hundreds of practices spread across the city — from Beecroft to Bondi, Pa...

hacklink hack forum hacklink film izle hacklink casibombedava sorgu paneliTaraftarium24kumar sitelericasino non aams affidabilionline casinos australiaonline casinosonline casino australiaNew Non Gamstop Casinosjojobetjojobet电子书下载zlibraryDeneme bonusu veren siteler 2026Deneme bonusu veren siteler 2026Jojobetjojobet girişjojobetjojobetjojobetjojobetjojobetultrabetjojobetbetparkjojobetjojobetjojobetcasibom