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” Mastercard launches new crypto fraud protection tool “ The financial service provider Mastercard will launch a new crypto service related to risk management on Tuesday Oct. 3. Mastercard’s new service, Crypto Secure, is aimed to help banks find and prevent fraud on crypto merchant platforms. Crypto Secure combines the usage of artificial intelligence, blockchain…
” Business owners should get off PayPal and move to the blockchain “ Do you believe that in five years every second transaction in e-commerce will be settled on blockchain? No? Well, that’s what people thought of plastic credit cards versus cash a few decades ago when it came to traditional stores. There is no…
” Binance and Mastercard will launch prepaid crypto cards in Argentina “ Major crypto exchange Binance has partnered with Mastercard to launch a prepaid card for the residents of Argentina. In a Thursday announcement, Binance said the card will allow its clients in Argentina to use Bitcoin (BTC), BNB and other cryptocurrencies to make purchases as…
” Mastercard partners with Indonesian crypto gateway to drive financial inclusion “ Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in Indonesia. The collaboration aims to expand financial inclusion in the country and extend opportunities to its local economy. In an announcement, Navin Jain,…
” ECB exclusive: Crypto payments ‘not currently cost effective,’ Amex exec says “ Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not cost-effective at present. Pérez’s comments came during an exclusive chat with Cointelegraph editor Aaron Wood at European…
” Mastercard to allow 2.9B cardholders to make direct NFT purchases “ International payment processing giant Mastercard is expanding its payment network for nonfungible token (NFT) markets and Web3. The financial service provider announced that it has been working on expanding their payment networks to NFTs over the past year. The firm has partnered with…
” Edge announces confidential no-KYC digital currency Mastercard “ On Wednesday, self-custody crypto exchange Edge announced a no-KYC debit Mastercard that can be funded with Bitcoin and other digital currencies. Without know-your-customer, or KYC, verification, users would be able to spend their crypto at more than 10 million merchant terminals in the U.S. Currently, one…
” WEF 2022: SWIFT probably won’t exist in 5 years, says Mastercard CEO “ Mastercard CEO Michael Miebach said on Tuesday that he does not expect SWIFT, one of the most widely used platforms for cross-border fiat transactions, to exist in five years’ time. Miebach was speaking at a panel session on central bank digital…
Financial companies in Israel are increasingly moving into cryptocurrencies like Bitcoin BTC$23,758 , with two competing credit card firms working on BTC investment and cashback features. Two Israel-based credit card companies, Max and Isracard, have inked partnerships with crypto-related platforms in order to allow cardholders to purchase Bitcoin, the local news agency Calcalist reported on Tuesday. Max…
” Gemini crypto exchange launches credit card in United States “ Gemini, a major cryptocurrency exchange founded by the Winklevoss twins, has launched its crypto credit card. The company officially announced Thursday that its Gemini Credit Card is available in the United States across all 50 states. The new card is issued by the state-chartered…