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Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year
Mastercard

Mastercard Will Support Direct Cryptocurrency Payments on its Network this Year

Mastercard Inc has disclosed that preparations are underway to start supporting some cryptocurrencies directly on its network by the end of the year.

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas
Mastercard

Mastercard and GrainChain Bring Blockchain Provenance to Commodity Supply Chain in Americas

Mastercard has announced a partnership with GrainChain, a blockchain-based supply chain management firm to enhance the commodity supply chain in the Americas

Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO
Mastercard

Bitcoin Can’t Drive Financial Inclusion for Unbanked But CBDC Can says Mastercard CEO

Ajay Banga, the CEO of Mastercard believes Bitcoin is unable to function as an inclusive currency for the world’s unbanked due to volatility, CBDCs are a different story.

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”
Mastercard

Mastercard VP On Blockchain, Digital Assets and CBDC: “Everything Ends in Transactions and Payments”

Ashok Venkateswaran, Mastercard’s Blockchain and Digital Assets Lead, Asia Pacific shares insights on the payment giant's new blockchain and digital initiatives.

Mastercard Launches Virtual Platform to Help Governments Test CBDCs
Mastercard

Mastercard Launches Virtual Platform to Help Governments Test CBDCs

Payment giant Mastercard has unveiled a virtual platform that will enable central banks to assess and explore Central Bank Digital Currencies (CBDCs).

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network
Mastercard

MasterCard Asia Files Device Billing System Patent Compatible With Iota’s Tangle Network

MasterCard patents blockchain system to help shared device merchants avoid credit card fees.

Visa Joins Mastercard and PayPal in Turning Bullish for Crypto and Digital Currencies
Mastercard

Visa Joins Mastercard and PayPal in Turning Bullish for Crypto and Digital Currencies

Shortly after Mastercard showed its hand on its stance on cryptocurrency, Visa published a blog announcing that the payments giant is advancing its approach towards digital currency. PayPal was recently rumored to have partnered with Paxos to provide crypto trading services.

Credit Giant MasterCard Grants Wirex First Principal Membership License
Mastercard

Credit Giant MasterCard Grants Wirex First Principal Membership License

Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System
Mastercard

Facebook Moving Further Away From Libra, But Considering its Own Digital Token System

Facebook is now considering developing a system of digital tokens, pegged to different government-issued currencies including the US dollar and the euro. The new plan will still include Libra, although Libra Association, separately, will continue its work on the stablecoin pegged to a basket of global currencies.

Mastercard CEO Answers: The Reasons Behind Leaving Facebook’s Libra Association
Mastercard

Mastercard CEO Answers: The Reasons Behind Leaving Facebook’s Libra Association

Mastercard’s CEO, Ajay Banga, stated the reasons behind the company leaving Facebook’s Libra Association in an interview with the Financial Times. Having left the Libra Association in October last year alongside Visa and other firms, the Libra Association has seen eight firms quitting the project.

Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association
Mastercard

Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association

Maybe what Facebook is not doing right that costs it to lose founding partners? Breaking news shows that Facebook’s Libra has lost another member of its council. This time round, Vodafone has confirmed to have left Libra Association.

Mastercard Still Betting on Blockchain Despite Pulling Out from Facebook’s Libra
Mastercard

Mastercard Still Betting on Blockchain Despite Pulling Out from Facebook’s Libra

Mastercard recently pulled out of the Libra Association, along with Visa and PayPal, however, it has been reported that the payment processor is not giving up on blockchain.

Mastercard Blockchain to Trace Produce for the Largest American Food Group
Mastercard

Mastercard Blockchain to Trace Produce for the Largest American Food Group

Mastercard is collaborating with Envisible, a supply-chain company, to allow the traceability of the origin of food products via Mastercard's blockchain-based Provenance Solution.

Libra Association - Visa and MasterCard Have Second Thoughts
Mastercard

Libra Association - Visa and MasterCard Have Second Thoughts

Libra internal struggles. Visa and MasterCard consider leaving.