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FORTUNE recognizes U.S. Bank as a 2019 World’s Most Admired Company

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FORTUNE magazine recognized U.S. Bank as a 2019 World’s Most Admired Company, naming it the world’s most admired superregional bank for the ninth consecutive year. 

Among all 680 companies across industries, FORTUNE also ranked U.S. Bank in the top 10 most admired for Community Responsibility (No. 8) and Financial Soundness (No. 9).

“Ethical leadership and financial discipline are core to how we create value for our stakeholders,” said U.S. Bancorp Chairman, President and CEO Andy Cecere. “We are honored to be recognized among companies that are known for shaping the future with those principles in mind. These core principles help us meet the needs of our customers, employees, shareholders and communities every day.”

Among superregional banks, FORTUNE ranked U.S. Bank as No. 1 in eight of the nine key attributes of reputation: Quality of Management, Community Responsibility, Innovation, Quality of Products/Services, People Management, Use of Corporate Assets, Financial Soundness and Long-Term Investment Value. 

FORTUNE 2019 World’s Most Admired Companies are determined by a survey of executives, directors and analysts rating companies in their industry on a series of criteria. Learn more about methodology.


About U.S. Bank
U.S. Bancorp, with 74,000 employees and $467 billion in assets as of December 31, 2018, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The Minneapolis-based bank blends its relationship teams, branches and ATM network with mobile and online tools that allow customers to bank how, when and where they prefer. U.S. Bank is committed to serving its millions of retail, business, wealth management, payment, commercial and corporate, and investment services customers across the country and around the world as a trusted financial partner, a commitment recognized by the Ethisphere Institute naming the bank a 2018 World’s Most Ethical Company. Visit U.S. Bank at www.usbank.com or follow on social media to stay up to date with company news.

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RBC Training Ground: A major boost to Canada’s Olympic talent pipeline

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TORONTO, January 22, 2019 – RBC Training Ground, a program developed in partnership with the Canadian Olympic Committee (COC), Canadian Olympic Foundation, CBC Sports, and the Canadian Olympic and Paralympic Sport Institute Network (COPSIN), continues to enhance its search for Canada’s future Olympians.

Entering its fourth year, the RBC Training Ground program is a nation-wide talent identification and athlete-funding program dedicated to finding and supporting the next generation of Canadian Olympians. To date, the program has tested over 5,500 athletes at 71 free local events in 35 different communities across 10 provinces.

In 2019, RBC Training Ground is excited to announce the first-ever National Final hosted in Calgary, Alberta. This national event will bring together the top 100 high-potential athletes from across the country to compete for funding and consideration from Canada’s National Sport Organizations (NSOs). Based on the National Final results, and sport-specific testing results, up to 30 high-performing athletes will be selected as RBC Future Olympians – receiving funding and resources to pursue their Olympic dreams.

RBC Training Ground will also add seven new qualifier locations to the lineup, including a premier event in the Yukon. The national search will visit 34 Canadian communities overall – giving even more young Canadian athletes the opportunity to explore their Olympic potential.

Quick Facts:

  • RBC Training Ground is open to Canadian athletes between the ages of 14–25;
  • The 2019 Training Ground season will kick off on Sunday, February 3 in Halifax, Nova Scotia;
  • RBC Training Ground’s first-ever National Final event will take place in September 2019 in Calgary, Alberta;
  • Seven new qualifier locations include: Waterloo, Ontario; Trois-Rivières, Quebec; Regina, Saskatchewan; Thompson, Manitoba; Fort McMurray, Alberta; Boucherville, Quebec; and Whitehorse, Yukon;
  • Since 2016, RBC Training Ground has tested over 5,500 elite young athletes across the country, identifying 600 high-potential athletes;
  • Since the program’s inception, more than $1.3M in funding has been provided to 87 RBC Future Olympians to help support their Olympic dreams;
  • Participating NSOs include: Athletics Canada, Freestyle Canada, Canada Snowboard, Speed Skating Canada, Cycling Canada, Rowing Canada, Rugby Canada, and Canoe Kayak Canada.

Quotes:

“At RBC, we proudly support Canadian Olympic athletes at every stage of their careers. The talent pool of Canadian athletes with Olympic potential continues to grow, and through RBC Training Ground we are able to tap into, build, and support this talent. With a new National Final and seven new qualifying locations – including our first Northern event in the Yukon – 2019 is going to be another great year for this program.”

  • Mary DePaoli, Executive Vice-President and Chief Marketing Officer, RBC

“Heading into its fourth year, RBC Training Ground continues to create incredible opportunities for young Canadian athletes. By partnering with eight National Sport Organizations and the Canadian Olympic and Paralympic Sport Institute Network, RBC continues to fill a gap within our sport model – finding new talent, expanding the pool of next generation athletes, and financially supporting top performers.”

  • Eric Myles, Chief Sport Officer, Canadian Olympic Committee

“CBC Sports is proud to be an integral part of RBC Training Ground and its ongoing support for future Olympians from across the country. As Canada’s Olympic Network, we provide Canadian high-performance athletes with a year-round platform to showcase their talent to a national audience through our digital and broadcast coverage, including weekly staple Road to the Olympic Games. We are eager to share the journeys of RBC Training Ground hopefuls as part of our coverage again this year.”

  • Chris Wilson, Interim Head of CBC Sports

“The most exciting aspect of the RBC Training Ground program is that we are seeing athletes emerging as national and international performers in sports that some of them would not have considered if it were not for RBC Training Ground. The strength of collaboration across the eight partner NSOs, and the Canadian Sport Institute Network, has definitely been enhanced through this program, creating a much more aligned sport system in Canada.”

  • Kurt Innes, National Technical Lead, COPSI Network

“The RBC Training Ground initiative has provided aid in two important ways for rugby. Firstly, through the extensive cross-Canada qualifiers, we are able to connect with young athletes from all walks of life, and provide opportunities for them to engage with a new sport either recreationally, or possibly as a pathway to international competition. Secondly, the funding support available to targeted athletes allows us to ensure we can provide support to our aspiring national team members, further enhancing the number of athletes competing for selection to major events. RBC Training Ground has chosen to invest in the development of tomorrow’s national team members, which is imperative in ensuring rugby can continue to be an Olympic contender for years to come.”

  • Adam Kleeberger, Lead Development Strength and Conditioning Coach, Rugby Canada

Registration and event information for all local RBC Training Ground events is available at RBCTrainingGround.ca.


About RBC

Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 84,000+ employees who bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank, and one of the largest in the world based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our 16 million clients in Canada, the U.S. and 34 other countries. Learn more at rbc.com.‎

We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at rbc.com/community-sustainability.

About COC

The Canadian Olympic Committee leads the achievement of Team Canada’s podium success and advances Olympic values in Canada. Independent and predominantly privately funded, the Canadian Olympic Committee delivers resources that Canada’s elite athletes need to perform at their best and give their everything every day. By sharing our athletes’ stories, we inspire all Canadians through the power of sport: 24 hours a day, 7 days a week, 365 days a year.

About CBC Sports

CBC/Radio-Canada is Canada’s Olympic Network through 2024 and Canada’s Paralympic Network through 2020. The national public broadcaster is committed to showcasing Canadian and international athletes and sports across all platforms under the CBC Sports and Hockey Night in Canada brands, including on television, online at cbcsports.ca and via the CBC Sports app for iOS and Android devices. CBC Sports prides itself on telling the story of the high-performance athlete’s journey every step of the way, ensuring Canadians always know the people who represent them before they see them atop the podium.

About COPSIN

The Canadian Olympic and Paralympic Sport Institute Network (COPSI Network) is a key contributor to Canada’s world leading Olympic and Paralympic podium performances. Our Mission is to provide a world-class, multi-sport daily training environment for athletes and coaches through expert leadership, services, and programs.

The COPSI Network provides technical expertise to support the execution of the RBC Training Ground program. Our team of sport experts lead the delivery of the technical aspects of the program through organization, set-up, execution and the data analysis required for Canada’s national sport organizations (NSOs) to successfully identify athletes with Olympic potential. Working with our partner NSOs, the COPSI Network 

also plays an advisory role in establishing testing protocols and facilitating athletes being selected for the sports that best suit their individual athletic abilities. The six participating members of the Network (Canadian Sport Institute Pacific, Canadian Sport Institute Calgary, Canadian Sport Centre Manitoba, Canadian Sport Institute Ontario, Institut national du sport du Québec, and Canadian Sport Centre Atlantic) are key collaborators in hosting and promoting RBC Training Ground.

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How technology is changing Africa’s banking landscape

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Innovation and transformation will be key themes in the African banking sector as we move into 2019.

Many of those who previously lacked access to financial services are now able to set up accounts and make transactions thanks to the advent of new digital banking channels, primarily driven by the availability of mobiles. According to the ICC Banking Commission, growth is afoot, with nearly 9 in ten (89%) of bankers in Africa saying they believe growth in the sector will accelerate over the next 12-months.

A changing consumer landscape

Motivated by a desire to reduce costs while improving customer convenience, we can expect to see banks in Africa chase innovation and new ideas as the socioeconomic benefits of alternative payment channels become increasingly realised.

Changes in demographics, combined with economic development and better availability of cloud technology are catalysts. They are now allowing banks not only to explore but to implement new ways of engaging customers – albeit with a greater sense of urgency than in previous years as competition stiffens and the margin for miscalculation diminishes.

African banks now aim to go beyond mundane cash-withdrawal transactions and engrain financial inclusion achieved through technological innovation into their offering. Reaching rural and unbanked areas using technology is no longer as ‘nice to have’ but more of a ‘must have’.

Carefully managed change

With this change, however, comes a responsibility to ensure the process is managed properly. This will be a key focus throughout 2019; mitigating risk.

Banks must aim to be vigilant and guarantee service quality, competitiveness and continuity as these changes take place, meticulously testing systems properly and seeking to identify potential issues that are beyond the conventional. It is no longer a case of being responsive to fixing problems but more of pre-emptive operational excellence to circumvent any potential issue before occurring to minimise any service interruption.

As is heavily reported in the press, outages and other IT issues bear significant consequences – and not good ones. Negative social media and press won’t only act as a blockade to on-boarding new customers, existing ones might leave and confidence will be shaken. After all, banking access isn’t the only thing technology is democratising, so is access to 24-hour news. Recently, a number of service outage incidents have associated few banks with reputations ranging from unreliability to a lack of ability to cope up with technology challenges.

Trusted transformation

The caveat in the race to innovate is that it is tempting decision makers in banks to unwittingly compete in a tortoise versus the hare contest, and we all know who wins that race.

Change and the move toward alternative channels needs to be facilitated through cloud-native technology, test automation and the right team. Transformation is, of course, crucial but let us hope that banks approach and manage it sensibly by choosing technology partners with the right expertise who can deliver the revolution banks and consumers want.

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Apple Pay Now Available to Commonwealth Bank Customers

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Apple Pay is transforming mobile payments with an easy, secure and private way to pay, that’s fast and convenient, and will be available to use with CBA and Bankwest personal debit and credit cards from today.

Angus Sullivan, Group Executive of Retail Banking Services, said: “Following the commitment we made to Commonwealth Bank customers in December, I’m delighted to announce that Apple Pay is available from today.

“We’re continuing to make mobile banking and payments simpler and easier for our customers with the launch of Apple Pay, alongside the CommBank app, rated number one in Australia and number three globally.

“In 2019, customers can expect us to continue listening, innovating, and providing the best possible experiences when they bank with us,” said Mr Sullivan.

Jennifer Bailey, Apple’s vice president of Internet Services said: “We are excited to welcome Commonwealth Bank customers to Apple Pay, the number one mobile contactless payment service worldwide. Customers can now take advantage of the speed, convenience and security that Apple Pay offers when making payments on the Apple devices they love to use every day.”

For more information or to find out how to add eligible CommBank cards to Apple Pay, please visit CommBank.com.au/applepay


About Apple Pay

Security and privacy is at the core of Apple Pay. When you use a credit or debit card with Apple Pay, the actual card numbers are not stored on the device, nor on Apple servers. Instead, a unique Device Account Number is assigned, encrypted and securely stored in the Secure Element on your device. Each transaction is authorized with a one-time unique dynamic security code.

Apple Pay is easy to set up and users will continue to receive all of the rewards and benefits offered by credit and debit cards. In stores, Apple Pay works with iPhone SE, iPhone 6 and later, and Apple Watch.

Online shopping in apps and on websites accepting Apple Pay is simple with Touch ID, or just double-click the side button and authenticate with a glance with Face ID. There’s no need to manually fill out lengthy account forms or repeatedly type in shipping and billing information with Apple Pay. When paying for goods and services in apps or Safari, Apple Pay works with iPhone 6 and later, iPhone SE, iPad Pro, iPad (5th Generation and later), iPad Air 2, and iPad mini 3 and later. You can also use Apple Pay in Safari on any Mac introduced in or after 2012 running macOS Sierra and confirm the payment with iPhone 6 or later or Apple Watch, or with Touch ID on the new MacBook Pro.

For more information on Apple Pay, visit: http://www.apple.com/au/apple-pay/

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Link increases ATM fee in a bid to save rural machines

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Cash machine network Link is to increase the fee it pays ATM operators to keep remote free-to-use machines available.

Operators will be offered up to £2.75 per withdrawal to persuade them to keep at-risk machines free.

Taking effect from 1 April 2019, the ‘super premium’ will be made available to around 3,500 free-to-use ATMs that are currently 1km or more away from the nearest free-to use ATM or form part of Link’s Financial Inclusion Programme, which safeguards free ATMs in remote and deprived areas.

It is expected that about 1,000 of these ATMs will initially be eligible to receive a premium, but this is likely to increase as cash withdrawals at ATMs continue to fall.

John Howells, chief executive of Link, said: “While many consumers are turning to alternative payment methods such as contactless cards, it is vital we continue to provide free access to cash to those who need it. These premiums will further safeguard ATMs in remote and less well-off areas.”

The Association of Convenience Stores (ACS) has welcomed the announcement, but said it is evidence that Link’s interchange fee cuts over the past year has had a “disastrous impact” on rural communities.

ACS chief executive James Lowman added: “It is wrong that Link continues to wield such power over what is an essential service to millions of people. We need a long term strategy backed by proper funding to secure a strong ATM network.”

Federation of Small Businesses (FSB) national chairman Mike Cherry agreed the need for these ‘super premiums’ highlights the failures of the ATM market. Cherry called for the Payment Systems Regulator to intervene and help the industry formulate a long-term strategy for maintaining free access to cash across the UK.

He said: “These new subsidies will only cover around 2% of the total ATM network. We look forward to seeing more detail on the eligibility criteria for the super premiums and details of how they may be rolled out more widely in future.

“We’re calling on all those affected to sign the FSB and Which? #SaveOurCashpoints petition and help us urge the PSR to step in and address the chronic ATM market failures that are damaging communities all over the country.”

Jenni Allen, managing director of Which? Money, added: “Boosting premiums for machines in remote areas has so far not been enough to stop cashpoints closing around the country, including in more remote areas where they are desperately needed – so we hope this latest move from Link is enough to arrest this alarming trend.

“What is urgently needed is for a regulator to be given a duty to protect access to cash, so that the millions of people who rely on it in their lives are protected from rapid changes through ATM and bank branch closures.”

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ING signs five-year licencing deal with R3

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ING has agreed a five-year deal with R3 for an unlimited number of Corda Enterprise licenses, with the aim of encouraging the adoption of CorDapps across the business.

The five-year deal will allow ING to roll out access to Corda Enterprise throughout the bank globally and deploy production-ready CorDapps across a wide range of business areas.

CorDapps in production on Corda Enterprise cover a full spectrum of financial services activity including trade finance, identity, insurance and capital markets.

ING has been an enthusiastic adopter of blockchain technology, recruiting a cadre of technologists, mathematicians, cryptologists, economists and business experts to work on its Amsterdam-based Blockchain Innovation team. This has led to range of deployments across multiple business sectors, including payments, trade finance and working capital solutions, financial markets, bank treasury, lending, and compliance and identity

Annerie Vreugdenhil, head of Innovation for wholesale banking at ING, says: “Our longstanding joint journey with R3 has proven that this is the most mature enterprise DLT solution to serve the needs of the financial service industry. Strengthening our partnership, by signing this licencing agreement, marks a huge milestone towards empowering clients to transition to a distributed economy. We are one step closer to deploying live DLT solutions for our clients with the supported infrastructure in place.”

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Mastercard Shoppers Can Soon Tap & Go at Target

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January 22, 2019 – PURCHASE, N.Y. – Today, Mastercard announced its contactless cards soon will be accepted at Target stores, giving shoppers the ability to simply tap to pay. Cardholders using a contactless Mastercard—ones with a contactless symbol on them—will tap their card on the reader screen to pay and head on their way.Target Contactless

“We’re excited that our cardholders can soon use this technology for fuss-free transactions at Target stores,” said Linda Kirkpatrick, executive vice president, U.S. Merchants and Acceptance for Mastercard. “Whether it be navigating the subway or conquering errands, contactless acceptance will take the consumer experience to the next level one tap at a time.”

Peace of mind + Piece of time

Contactless technology was developed by Mastercard with the mindset of never sacrificing security for convenience. The cards and devices contain an embedded chip and a radio frequency (RFID) antenna that provide a wireless link with the contactless reader. When the card or device is tapped against the reader, information is transmitted in a highly secure manner within a fraction of a second.

Contactless momentum is growing in the U.S., where 95% of all new checkout terminals are contactless-ready, delivering the best combination of convenience and security at the point-of-sale. Large and small banks have committed to issuing millions of cards with the capability to tap to pay in 2019.

About Mastercard

Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. Our global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

Mastercard Communications Contact

Sarah Ely

Sarah.Ely@Mastercard.com

(914) 325-4716

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Mastercard and Rockefeller announce collaborative

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New collaborative to unlock the power of data for good

DAVOS, Switzerland, January 22, 2019The Mastercard Center for Inclusive Growthand The Rockefeller Foundationtoday announced Data Science for Social Impact. This transformational model for collaborative philanthropy will accelerate the use of data science byempowering non-profit, civic and government organizations with the tools, expertise and other capabilities they need to help solve the world’s most pressing challenges.
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The collaborative was announced at the World Economic Forum’s Annual Meeting in Davos, Switzerland, with an initial commitment of $50 million from The Rockefeller Foundation and the Mastercard Impact Fund over five years and an invitation to other companies and philanthropies to join.

More than 2.5 quintillion bytes of data are produced every day. This abundance of data, combined with rapidly advancing analytics capabilities, has the potential to improve the lives of billions of people around the world. While businesses have been building and deploying data science capabilities for many years, those on the front lines of social good often lack the resources to do the same. However, governments and non-profits are actively looking for new ways to advance their efforts through applied data to allow, for example, improved access to public transport for underserved communities or the acceleration of disease diagnoses.

Building on The Rockefeller Foundation’s leadership in social impact and the Mastercard Center for Inclusive Growth’s leadership on data philanthropy and governance, the collaborative will identify key priorities and investment opportunities to accelerate data for good, whether that be through research, skill-building or the development of new technology platforms.  By growing the data science capabilities of non-profit, civic and government organizations, the collaborative can help local leaders uncover new insights and trends from their data and build more impactful programs for the communities they serve.

“At Mastercard, we believe the digital economy needs to work for everyone. If we can close the gap by providing the non-profit, civic and government sectors with the tools, talent and investments they need to apply data science effectively, then we have a shot at solving some of the greatest challenges of our time,” said Michael Froman, vice chairman and president, strategic growth at Mastercard. “We see a world where the promise of technological innovation can deliver on our goal of inclusive growth.”

“Like the introduction of science to medicine 100 years ago transformed the delivery of health worldwide, we are poised to take the next big leap bringing data science to social impact,” said Dr. Rajiv J. Shah, president of The Rockefeller Foundation. “We’re excited to invite partners from the public and private sectors to join Data Science for Social Impact and help us inspire a new generation of social sector leaders to use data for good.”

The collaborative’s first activity is $20 million in funding to DataKind, a global nonprofit that harnesses the power of data science and AI in the service of humanity that has completed over 250 projects by deploying expert data science volunteers from their network of over 30,000 across five worldwide chapters since its founding in 2011. This support from the collaborative will allow DataKind to transition from a project to a platform-based model, thereby, supporting more organizations on a set of common issues, including community health and inclusive growth.

About the Mastercard Center for Inclusive Growth

The Mastercard Center for Inclusive Growth focuses on promoting equitable and sustainable economic growth and financial inclusion around the world. As a subsidiary of Mastercard, the Center leverages the company’s data, expertise and technology, along with administering the Mastercard Impact Fund’s philanthropic investments, to empower a community of thinkers, leaders and innovators on the front lines of inclusive growth.  For more information and to receive its latest insights, follow the Center on Twitter @CNTR4growth, subscribe to its newsletter and visit www.mastercardcenter.org.

About The Rockefeller Foundation
The Rockefeller Foundation advances new frontiers of science, data, policy and innovation to solve global challenges related to health, food, power and economic mobility. As a science-driven philanthropy focused on building collaborative relationships with partners and grantees, the Foundation seeks to inspire and foster large-scale human impact that promotes the well-being of humanity throughout the world by identifying and accelerating breakthrough solutions, ideas and conversations. For more information, visit www.rockefellerfoundation.org.

 

Contact:

Mastercard: Caroline Niven, caroline.niven@mastercard.com

Rockefeller Foundation: Matt Herrick, media@rockfound.org

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Mastercard x Camila Cabello Collaboration to Bring Exclusive Experiences and Priceless Surprises to Fans

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From behind-the-scenes access to intimate performances, collab brings fans closer to the music

January 22, 2019 – PURCHASE, N.Y. – Mastercard today announced a deal with GRAMMY nominated, chart-topping recording artist Camila Cabello focused on the delivery of truly unforgettable fan experiences for Mastercard cardholders and Camilizers. Kicking off next month, Mastercard will start to roll out Priceless experiences that reflect the exclusivity, collaboration and access the partnership will provide, allowing fans to experience Cabello’s music like never before.

NEW YORK, NY - DECEMBER 06:  Singer Camila Cabello on set filming her new Mastercard ad which will highlight her collaboration and bring to life some of the exclusive experiences cardholders will enjoy.  (Photo by Dave Kotinsky/Getty Images for Mastercard)

NEW YORK, NY – DECEMBER 06: Singer Camila Cabello on set filming her new Mastercard ad which will highlight her collaboration and bring to life some of the exclusive experiences cardholders will enjoy. (Photo by Dave Kotinsky/Getty Images for Mastercard)

The first output of this collaboration will be a private show for fans and Mastercard cardholders in Los Angeles leading in to the 61st GRAMMY Awards®. The intimate show is set to take place at the famed Orpheum Theatre on February 6th and is sure to be an evening filled with the unexpected. Tickets to the Camila Cabello show will be available for purchase with a Mastercard beginning on Wednesday, January 23rd at 12 PM PST. Information about the L.A. show and ticket purchase will be available on PricelessCities.com.

“I am thrilled to be a part of a collaboration that offers me the opportunity to engage with my fans in a way that brings them closer to the music,” says Cabello. “I can’t wait for fans to see what surprises we have in store.”

The partnership will bring together Mastercard expertise in delivering Priceless experiences aligned with cardholder passions together with Cabello’s global influence and commitment to her fan base in order to deliver something truly special. After a tremendous year that includes the introduction of her first solo album Camila, first solo tour “Never Be The Same” and the chart topping success of her debut album and music, the collaboration between Cabello and Mastercard will focus on exclusive access to co-created content, events and experiences, as well as fan engagement.

“Consumers today seek real experiences and true interactions with the people who inspire them in their day to day life and as an empowering role model to her fans and beyond we are honored to partner with Camila,” said Cheryl Guerin, EVP Marketing & Communications for Mastercard. “She encapsulates our brand values and we applaud her commitment and appreciation for fans. We look forward to working together to bring fans closer to their passion for music and inspiring them to Start Something Priceless of their own.”

The collaboration will be supported by a fully integrated marketing communications platform that encompasses a wide-reaching media campaign across social, print, radio, television and digital platforms.

Multi Grammy nominated Cuban born singer/songwriter Camila Cabello (Epic Records / SYCO) released her debut solo album, CAMILA in January 2018 to rave reviews. It debuted at #1 on the Billboard 200 chart at the same time as her single “Havana” Reached #1 on the Billboard Hot 100 chart, making Camila the first soloist in nearly 15 years to reach the #1 spot on both the Hot 100 and Billboard 200 charts in the same week. The RIAA gold-certified album, CAMILA, launched its debut at #1 on over 100 iTunes charts around the world, breaking the record for most #1 positions for a debut album in iTunes history. At the end of 2018, Camila was nominated for two Grammy awards, “Best Pop Vocal Album” for her album, CAMILA, and “Best Pop Solo Performance” for “Havana” (Live). She took home awards for Artist of the Year and Video of the Year for her hit “Havana” at the 2018 Video Music Awards. Beginning her official solo career after four years in Fifth Harmony, Camila released her RIAA 7x platinum smash hit “Havana,” in August 2017 where it obtained the #1 spot on the pop radio chart, marking her second top 40 #1 as a solo artist. Furthermore, “Havana” hit #1 on iTunes overall top songs chart, #2 on the Spotify Global chart and hit #1 in 80 countries around the world. “Havana” is the first song by a female artist to reach No. 1 on Billboard’s Adult Contemporary, Pop Songs and Rhythmic Songs charts in 22 years, it has earned 1.1 billion on-demand U.S. streams, according to Nielsen Music, and attained the longest run at No. 1 on Pop Songs for any song by a female artist since 2013. Her double-platinum single “Never Be The Same,” was released in January 2018 and peaked in the top 10 of the Billboard Hot 100 chart. Camila had previously earned a chart-topping smash with her recent double platinum-certified hit “Bad Things” with MGK. The track generated over 400 million on-demand streams. As a result of its success, she became the fifth female artist to hit #1 on the Pop songs chart with and without a group. In November 2018, Camila was named the new ambassador for Save the Children.

About Mastercard

Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. Our global payments processing network connects consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.

Mastercard Communications Contact

Sarah Ely

Sarah.Ely@Mastercard.com

(914)325-4716

 

 

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