Mastercard and LoanPro have teamed up to launch a 'Loan on Card' solution, allowing approved borrowers to access funds instantly via a card. This product combines the ease of card payments with the stability of fixed-term loans, enabling users to spend anywhere Mastercard is accepted while simplifying the lending process for providers.

Mastercard has introduced Credit Intelligence, a suite that uses network data and analytics to speed up credit decisions for lenders, especially for small businesses and borrowers with limited credit histories. The tools allow lenders to access transaction insights with permission, aiming to include more consumers in the lending process.