Mastercard

DeFi firm 1inch has collaborated with cards payment giant Mastercard to launch a new crypto debit card. The card has been developed by Baanx, who is a cryptocurrency payments specialist authorised by the UK's Financial Conduct Authority (FCA).

Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard.

Mastercard has reportedly decided to work with Swoo Pay, a mobile payments app focussed on emerging markets -- where people despite having access to Mastercard and Visa card, do not have access to Google Pay.

India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.

International banks are excited to use the metaverse technology to provide in-office training in an immersive virtual reality ecosystem. Along with JP Morgan, Citi Bank is also running a virtual reality internship experience. This lets the trainers provide feedback in real time.

One97 Communications, which owns the brand Paytm, on Monday launched its latest innovation – Card Soundbox, which is intended to empower merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks.

Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of September 22, a spokesperson for Mastercard said via email on Thursday. The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.

Mastercard has launched a CBDC-focussed forum called the ‘CBDC Partner Program’. Crypto-related firms Ripple, Consensys, Fluency, Idemia, Consult Hyperion, and Fireblocks have been roped-in by Mastercard as the initial members of its CBDC Partner Program. The aim is to provide crypto players with a platform where they can open discussions aroun...

Binance shut down its fiat-to-crypto platform Binance Connect on Wednesday. The company reportedly conducted an internal review of its service offerings and evaluated which ones were not bringing in the expected engagement. Binance Connect, unfortunately, did not make it to the list of services that the exchange decided to retain.

Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.

India's cabinet has reportedly approved Micron Technology's $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit in Gujarat. The government agreed with production-linked incentives worth Rs. 110 billion ($1.34 billion) for the plant

Ajay Banga will be a transformational leader, who will bring expertise, experience, and innovation to the position of World Bank president, US President Joe Biden said after the former Mastercard CEO was confirmed as the new head.

Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto firms, the company's head of crypto and blockchain said, even as the sector comes under closer scrutiny from regulators and banks grow wary. Microsoft has already partnered with Binance that allow users to make payments in traditional currencie...

Apple on Tuesday launched its "buy now, pay later" (BNPL) service in the US, a move that threatens to disrupt the fintech sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.

Australia has decided to launch the eAUD into its pilot trial phase. The development was confirmed by the Reserve Bank of Australia (RBA) on Thursday, March 2.

DeFi firm 1inch has collaborated with cards payment giant Mastercard to launch a new crypto debit card. The card has been developed by Baanx, who is a cryptocurrency payments specialist authorised by the UK's Financial Conduct Authority (FCA).

Airtel Payments Bank smartwatch was launched in India on Tuesday (March 19). This marks the entry of the telecom operator in the smartwatch segment and becomes the first device to be launched by it. The smartwatch has been developed in collaboration with the wearable brand Noise and the payment-technology provider Mastercard.

Mastercard has reportedly decided to work with Swoo Pay, a mobile payments app focussed on emerging markets -- where people despite having access to Mastercard and Visa card, do not have access to Google Pay.

India's central bank has asked Visa and Mastercard to stop card-based business-to-business payments such as rents or money transfer to vendors routed through third party fintech firms, according to two sources familiar with the matter.

International banks are excited to use the metaverse technology to provide in-office training in an immersive virtual reality ecosystem. Along with JP Morgan, Citi Bank is also running a virtual reality internship experience. This lets the trainers provide feedback in real time.

One97 Communications, which owns the brand Paytm, on Monday launched its latest innovation – Card Soundbox, which is intended to empower merchants to accept both mobile and card payments across all Visa, Mastercard, American Express and RuPay networks.

Mastercard and crypto exchange Binance will end their four crypto card programmes in Argentina, Brazil, Colombia and Bahrain as of September 22, a spokesperson for Mastercard said via email on Thursday. The Binance cards allow users to make payments in traditional currencies, funded by their cryptocurrency holdings on the exchange.

Mastercard has launched a CBDC-focussed forum called the ‘CBDC Partner Program’. Crypto-related firms Ripple, Consensys, Fluency, Idemia, Consult Hyperion, and Fireblocks have been roped-in by Mastercard as the initial members of its CBDC Partner Program. The aim is to provide crypto players with a platform where they can open discussions aroun...

Binance shut down its fiat-to-crypto platform Binance Connect on Wednesday. The company reportedly conducted an internal review of its service offerings and evaluated which ones were not bringing in the expected engagement. Binance Connect, unfortunately, did not make it to the list of services that the exchange decided to retain.

Mastercard is gearing up to launch its ‘Multi-Token Network (MTN)’ in its beta version in the UK in the coming months. With the MTN, Mastercard is exploring if the unit of money in an individual’s bank account could be transformed into a digital saving on the blockchain. This could open more use cases of digital money, the company believes.

India's cabinet has reportedly approved Micron Technology's $2.7 billion (roughly Rs. 22,159 crore) plan for a new semiconductor testing and packaging unit in Gujarat. The government agreed with production-linked incentives worth Rs. 110 billion ($1.34 billion) for the plant

Ajay Banga will be a transformational leader, who will bring expertise, experience, and innovation to the position of World Bank president, US President Joe Biden said after the former Mastercard CEO was confirmed as the new head.

Mastercard will expand its cryptocurrency payment card programme by seeking more partnerships with crypto firms, the company's head of crypto and blockchain said, even as the sector comes under closer scrutiny from regulators and banks grow wary. Microsoft has already partnered with Binance that allow users to make payments in traditional currencie...

Apple on Tuesday launched its "buy now, pay later" (BNPL) service in the US, a move that threatens to disrupt the fintech sector dominated by firms like Affirm Holdings and Swedish payments company Klarna.

Australia has decided to launch the eAUD into its pilot trial phase. The development was confirmed by the Reserve Bank of Australia (RBA) on Thursday, March 2.