Monetary Authority of Singapore reports that social aspects of a retail CBDC featured "strongly" in the Global CBDC challenge: Report.
The Prosperity Passport initially allows users to mint soulbound tokens for user verification and credit scores.
Blockchain.com, a Luxembourg-headquartered cryptocurrency exchange, announced on Thursday that it was shedding its teams across the world by 25%.
Massachusetts’ Secretary of the Commonwealth William Galvin has been proponent of aggressively enforcing securities laws to digital asset firms; explaining...
After 18 months of secret development with Apple and Goldman Sachs Mastercard plans to bring to digital first features of...
MasterCard and Facebook Messenger have teamed up to bring Nigerian small businesses digital payments and banking; 98 percent of Nigerians use cash when transacting with businesses; businesses message a Masterpass QR bot on Facebook Messenger to help enable QR code payments; the partnership is then supported by Nigeria’s Ecobank and Zenith Bank by setting up those businesses with accounts at the banks; the biggest hurdle in a partnership like this is the consumers or small businesses cannot transact with one another and so adoption is slow, though the partnership hope to solve that issue. Source.
The new credit card features a built-in fingerprint scanner that replaces the use of a pin number; the card is currently being tested in South Africa with expansion planned to Europe and Asia and then globally by the end of the year; MasterCard has confidence in the biometric authentication and the firm's chief of security says it can offer customers additional convenience and security. Source
MasterCard is launching customizable bots for merchants and banks; they have partnered with Kasisto, the company that created KAI Banking, a conversational AI platform; consumers will be able to manage their money inside Facebook Messenger, asking questions about their accounts, purchase history, spending levels, etc.; transactions will also be able to take place on Messenger with MasterCard’s Masterpass, a digital payment service. Source
Mastercard has signed up a gaggle of new partners - including American Airlines, CSI, Fiserv and Tsys - to its recently launched buy now, pay later offering.
Mastercard said today that is acquiring Finicity, a leader in real-time access to financial data, for $825 million; there is...