Mastercard News

Mastercard Worldwide, or Mastercard incorporated, is an international payment system and transnational financial corporation that unifies 22,000 financial organizations in 210 countries around the world. The company was founded in 1966 with the merger of several Californian banks to compete with Bank of America, which currently works with Visa — Mastercard’s main opponent. The company is currently headquartered in New York and Mastercard’s CEO is Ajaypal Singh Banga. The main activity of Mastercard is the processing of payments between the acquired banks, which serve as the place of trades, and other credit corporations that use Mastercard’s debit and credit cards. The Mastercard association is aimed at managing the business, promoting the brand, and developing and implementing new technologies, such as a contactless way of making payment called PayPass.

Analysis
Mastercard’s upcoming acquisition of CipherTrace demonstrates the need for payments giants to partner with crypto firms to enable digital asset innovation.
Adapt or die: Payments giants partner with crypto firms to ensure security
Rachel Wolfson
2021-09-21T14:06:00+01:00
4419
News
The global payments giant plans to incorporate the crypto intelligence project into its digital currency expansion plans.
Mastercard acquires major crypto forensics outfit CipherTrace
Osato Avan-Nomayo
2021-09-09T15:29:40+01:00
5292
News
Venture capital continues to back promising blockchain and crypto plays. Some of the industry’s biggest investors participated in MobileCoin’s Series B.
Digital payment ecosystem MobileCoin raises $66M
Sam Bourgi
2021-08-18T16:49:02+01:00
3193
News
Crypto payment firm Alchemy Pay is planning to roll out a crypto-linked virtual card that is accepted on the Visa and Mastercard payments networks.
Alchemy Pay to launch virtual crypto cards with Visa and Mastercard support
Helen Partz
2021-08-09T08:53:43+01:00
13055
News
CoinJar Card will be made available through digital and physical cards and currently supports fiat-like transactions for 30 cryptocurrencies.
Aussie crypto exchange CoinJar partners with Mastercard for crypto cards
Arijit Sarkar
2021-08-03T09:16:10+01:00
5924
News
Mastercard is angling to become the go-to for governments and private entities when testing and rolling out central bank digital currencies or stablecoins.
We have to be in the crypto space, Mastercard CEO says
Marie Huillet
2021-07-30T10:13:30+01:00
9429
News
Mastercard keeps its focus on the digital asset industry, echoing moves by its main competitor, Visa.
Mastercard chooses 7 crypto startups for Start Path accelerator
Helen Partz
2021-07-28T13:21:22+01:00
19354
News
The partnership is aimed toward simplifying cryptocurrency-to-fiat conversions within Mastercard's existing payment network.
Mastercard’s latest partnership to help banks distribute crypto cards
Arijit Sarkar
2021-07-20T14:51:26+01:00
6192

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