Mastercard

Fintech World Forum 2019 in London

November 15, 2019
FinTech World Summit Forum 2019 (FinTech Conference) is based in London UK Europe as one of leading fintech events for global financial, finance and banking technology industry. Its focuses on Mobile Payments, Lending, Insurance, Blockchain, Bitcoin, Investment, Crypto, Regtech, Insurtech, Cryptocurrency, Wealth Tech and Wealth Management. Few topics are as pertinent as fintech, and cryptocurrencies

Zuckerberg: Facebook Would Leave Libra if It Launched Too Early

November 5, 2019
Facebook could withdraw from the Libra Association — the governing body of the eponymous stablecoin project — should it launch without approval from regulators in the United States. Libra could lose its primary member In a Congressional hearing on Oct. 23, Facebook CEO and founder Mark Zuckerberg reiterated the company’s commitment to not launch its

Largest American Food Coop to Pilot Mastercard’s Blockchain Tech

November 4, 2019
Topco Associates, the largest American retail food group purchasing organization, will pilot Mastercard’s blockchain tech in its operations. According to a press release on Oct. 27, Topco will test a traceability platform developed by logistics firm Envisible. The Wholechain platform is based on Mastercard’s blockchain-based Provenance Solution. Topco will use the platform to trace the

Revolut Crypto Fintech Firm and MasterCard Partner to Launch Debit Card in the US

October 30, 2019
Mastercard releases new details about its deal with Revolut to launch new debit cards, which will be a first in the United States and be ready by the end of 2019. The new debit cards issued will enable payments to be accepted anywhere Mastercard is accepted. Revolut, a Fintech firm launched back in 2015 as

Mastercard Joins Blockchain Software Firm R3’s Marco Polo Network

September 10, 2019
American financial services giant Mastercard has joined blockchain software company R3’s Corda-powered Marco Polo Network for trade finance. In a news release published on Sept. 3, Mastercard revealed its participation in the project, a collaboration of R3 and Irish tech company TradeIX that launched in 2017. The initiative provides a multi-asset class platform that offers broker-dealer

Nexo Launches MasterCard-branded Crypto Credit Card

August 14, 2019
Instant crypto loans firm Nexo is launching a MasterCard-branded cryptocurrency credit card. The development was announced in a press release shared with Cointelegraph on Aug. 2. “World’s first” Nexo claims the Nexo Card to be the first card in the world that enables users to spend the value of their cryptocurrency without in fact spending

Facebook’s Calibra Digital Wallet Will Not Be Available in Its Largest Markets

July 1, 2019
Facebook’s Calibra digital wallet will not be available in some of the social network’s largest markets, including India, according to a TechCrunch report on June 19. A spokesperson told the website: “The libra blockchain will be global, but it will be up to custodial wallet providers to determine where they will and will not operate. Calibra won’t be available in U.S.-sanctioned countries or countries

Facebook Hires Standard Chartered Bank’s Head of Public Affairs for Crypto Project

June 21, 2019
Facebook has reportedly hired Standard Chartered Bank’s head of public affairs Ed Bowles for its cryptocurrency project, the Financial Times reports on June 14. Per the report, Facebook hired the senior bank lobbyist in anticipation of the greater regulatory scrutiny in Europe over its plans to launch its own crypto asset and other financial services to its 2.4 billion users. Bowles will join the

PayPal Invests in Blockchain Startup

April 11, 2019
What is apparently a first for the online payments company, PayPal, the firm has made an investment in Cambridge Blockchain, a startup that utilizes technology to allow users to have more control over digital identity. The investment from PayPal is part of an extension that was part of a Series A funding for the startup.

Blockchain Tech Disrupts The Corporate Payments Status Quo

December 26, 2018
Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions. Industry heavyweights like Mastercard and American Express have