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“# Mastercard adds 6 blockchain payments startups to accelerator program ” Mastercard Start Path, an accelerator program for fintech startups, has welcomed six new companies innovating in the field of blockchain-based payments. Asante Financial Services, Cledara, Jifti, Moeda Seeds, SpendDebt and Tippy were selected for being “fintech innovators” in software-as-a-service and blockchain technology. “As the…
“# Got crypto? Here are 3 debit cards that let you spend your stack ” As blockchain technology and the public’s awareness of cryptocurrency continues to grow, a range of new use cases a coming to market and enhancing the efficacy of legacy financial systems. Despite its many applications, the original use case for Bitcoin…
“# Mastercard NFTs will help consumers offset carbon ‘down to a cup of coffee’ ” Leading payment technology provider Mastercard will help consumers directly offset carbon emissions and choose better products for the environment via its blockchain-based Provenance Solution. The system provides such granular detail that consumers can choose a more environmentally friendly cup of…
“# JPMorgan, Mastercard lead $65M ConsenSys raise ” ConsenSys, a prominent blockchain software company, has raised $65 million in strategic investments from major financial institutions including JPMorgan Chase, Mastercard and UBS, offering yet another sign that traditional finance is entering the crypto space. The investment round will aid ConsenSys in expanding its enterprise blockchain infrastructure…
“# Payments firm Nuvei launches support for 40 cryptos including Reddcoin and DOGE ” E-commerce merchants can now transact in nearly 40 cryptocurrencies through global payment platform Nuvei. According to the announcement, merchants partnered with the payment provider can use an array of cryptocurrencies to send and receive payments across 200 countries, including top assets…
“# Wirex halts UK signups after consultation with financial regulator ” London-based cryptocurrency and fintech firm Wirex has announced that it will no longer take on new U.K.-based customers following discussions with the jurisdictional regulator, the Financial Conduct Authority. The decision to temporarily halt U.K. sign-ups was apparently voluntary, according to a press release posted…
“# Bitcoin is now worth more than Visa and Mastercard combined ” Bitcoin (BTC) did more than hit $60,000 per coin last week — it also became worth more than the world’s three biggest banks combined. According to publicly available data, the largest cryptocurrency surpassed the three highest-valued global banking giants by market capItalization. Bitcoin…
“# Apple Pay integration and Staking 3.0 launch push COTI price to a new high ” As big-name payment processors like Visa and Mastercard increasingly integrate blockchain technology into their payment rails, decentralized platforms offering the best solutions to issues like scalability and fast transaction times are gaining traction. COTI is one such platform that…
“# As Visa and Mastercard raise fees, merchants may look to crypto ” Credit card providers charge merchants a cut of the payments they accepted, called interchange fees or swipe fees. With two major card providers aiming to elevate rates, could crypto become an alternative? “Visa Inc. and Mastercard Inc. are planning to raise swipe…
“# Can’t beat ‘em? Join ‘em: Mastercard and Visa make a case for Bitcoin ” On Feb. 10, Mastercard announced that it would start supporting a select few cryptocurrencies on its payment network. According to the payments giant, the inclusion of cryptocurrencies will allow customers to “save, store and send money in new ways” while…