MasterCard

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 solutions to enable more decentralized finance and Web …

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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 has been gaining momentum in recent weeks after a series of network upgrades and big announcements …

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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 fees for some types of credit-card purchases in April,” the Wall Street Journal …

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Mastercard Will Start Supporting Cryptocurrencies Directly on its Network

<div class=”featured_image_container”> </div> <strong>Payments giant Mastercard has announced that it is preparing to allow a number of cryptocurrencies to move through its network directly. Customers, merchants, and businesses will no longer need to convert cryptocurrencies into fiat currencies to transfer through the Mastercard network.</strong> Mastercard Prepares to Let Cryptocurrencies Move Through its Network Mastercard announced …

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Mad Money’s Jim Cramer Says Tesla, Paypal, Mastercard Are Pushing Bitcoin More Into Mainstream

<div class=”featured_image_container”> </div> <strong>Mad Money host Jim Cramer has applauded Elon Musk and Tesla for their bitcoin investment. He said that Tesla, Paypal, and Mastercard are pushing bitcoin more into the mainstream. He believes that more companies should do more with their cash as Tesla did.</strong> Jim Cramer on Tesla, Paypal, and Bitcoin Jim Cramer …

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Credit Card Companies Should Offer Stablecoin Payments or Be Left Behind: Gartner

Centralized payment companies such as Visa, Mastercard and PayPal will need to adapt if they are to survive the potential demand for blockchain-based stablecoin payments, according to research firm Gartner. In a Thursday blog post, Gartner notes that, while new bitcoin offerings from such firms are helping to prepare the transition to a future payment …

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Visa Grants Principal Membership to Crypto Payments Platform Wirex

<div class=”featured_image_container”> </div> <strong>London-based crypto-payments platform Wirex can now issue Visa accounts and process transactions autonomously, as the firm became a principal member of the payments giant.</strong> Crypto Payments Platform Wirex Gets Principal Membership From Visa to Issue Cards Autonomously According to the announcement, Wirex has been added to the European network of Visa as …

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Mastercard Severs Ties With Pornhub — Is Mainstream Crypto Adoption Coming for the Porn Industry?

Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be … read …

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Mastercard cuts off payments to Pornhub

NurPhoto via Getty Images Pornhub is no longer able to accept payments from Mastercard. The credit card company says it’s axing its relationship with the website after finding illegal content on the site.  “Today, the use of our cards at Pornhub is being terminated,” Mastercard told New York Times columnist Nicholas Kristof, whose investigation into …

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Report: Blockchain Patents ‘Skyrocket’ in 2020, Alibaba Owns the Most Crypto Patents

A study from the team at Kisspatent shows that Alibaba Group is the largest blockchain patent holder in 2020 capturing 10x the number of patents held by IBM. The report notes that blockchain patents “are skyrocketing” this year and so far in 2020, there’s been more distributed ledger technology and cryptocurrency patents published than all …

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