February 6, 2025
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3min27
The solution will provide a frictionless experience to cardholders with instant payments and real-time SMS alerts. Colombo, Sri Lanka, 06th February 2025: Cargills Bank and Mastercard have collaborated to launch Sri Lanka’s first contactless sticker payment solution. Titled ‘Tapit’, the new solution promises to revolutionize everyday transactions for Mastercard credit and debit cardholders. Combining Mastercard’s […]

January 7, 2025
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3min23
Reinforces commitment to promoting entrepreneurship and inclusive growth in Sri Lanka Colombo, Sri Lanka, 07th January 2025: Reiterating its commitment to fostering entrepreneurship and furthering inclusive growth through digital innovation in Sri Lanka, Mastercard collaborated with the Information and Communication Technology Agency (ICTA) to power the Global Entrepreneurship Week (GEW) 2024. Organized from 18-24 November, […]

September 13, 2024
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3min17
Colombo, Sri Lanka, 13th September 2024: Mastercard and Bank of Ceylon today announced their collaboration to launch ‘WellGlobe’, Sri Lanka’s first medical tourism card. The new card is designed to cater to the growing trend of Sri Lankans seeking medical treatment in countries like India and Singapore.     The WellGlobe card is aimed at […]

September 4, 2024
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1min7
September 2024, Colombo: FriMi recently partnered with Mastercard to create a challenge, rewarding FriMians who made transactions worth Rs. 10,000 or more using either their physical or virtual FriMi debit cards. The lucky FriMian to win, Mohamed Shihab Rekaz, received the latest Samsung Galaxy S24 mobile device. 10 additional winners received Samsung Fit3 smartwatches, including […]

August 15, 2024
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4min19
DFCC Bank has forged an exclusive partnership with Lanka IOC (LIOC) to introduce Sri Lanka’s first-ever Co-Branded consumer fuel Mastercard Credit Card. This unique collaboration brings you a new and exciting product, offering cardholders exceptional savings in Cashbacks, Easy Payment Plans, and more with every spend.     Accordingly, cardholders are entitled to a 5% […]

July 8, 2024
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4min12
Aims to improve operational efficiency leveraging Mastercard’s Tourism Insights and improve cybersecurity monitoring via RiskRecon. Colombo, Sri Lanka, 08th July 2024: SriLankan Airlines and Mastercard today announced their collaboration to enhance the operational efficiency and strengthen the cybersecurity posture of the country’s national carrier.     The airline will be leveraging Mastercard’s Tourism Insights, a […]

June 19, 2024
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4min6
Colombo, Sri Lanka, 19th June 2024: The DigiEcon 2024 Investment Summit, Sri Lanka’s premier technology and investment event organized by the Ministry of Technology and powered by Mastercard, is gearing up to host a remarkable lineup of speakers this year. The highly anticipated summit, scheduled for June 25, 2024, promises to unlock invaluable insights and […]

May 29, 2024

3min9
FinCSIRT will leverage RiskRecon by Mastercard to boost the cyber posture of financial institutions. Colombo, Sri Lanka, 29th May, 2024: Mastercard has partnered with LankaPay, Sri Lanka’s national payment network, to further strengthen the cybersecurity infrastructure of the country’s financial services sector via the Financial Sector Computer Security Incident Response Team (FinCSIRT). LankaPay established FinCSIRT […]

May 27, 2024

4min12
In an attempt to address the unique financial needs of freelancers, DFCC Bank proudly introduces the DFCC Freelancer World Mastercard credit card. DFCC Freelancer is a financial solution uniquely designed to cater specifically to the dynamic needs of Sri Lanka’s growing freelancer community. DFCC Bank is the first bank in the country to directly appeal […]

May 13, 2024
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3min10
The event will focus on encouraging investment and collaboration within Sri Lanka’s expanding digital ecosystem. Colombo, Sri Lanka, 10th May 2024: The Ministry of Technology has collaborated with Mastercard for the DigiEcon Global Investment Summit 2024, which is aimed at catalyzing the country’s economic resurgence by encouraging collaborations between global investors, industry leaders, entrepreneurs, and […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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